Funding you earn now, next payment 10:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h −0.066%
Price spread now: Hotstuff against Nado+0.074%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropNado: Active · Hotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.074% dearer against Nado than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XAG-PERP | 65.462 | 0.0095 | pay 0.0012% / 1h | 56m 25s | $1.2M | $4.1M | 10x |
| Short | Hotstuff SILVER-PERP | 65.511 | 0.0048 | get 0.0006% / 1h | 56m 25s | $36K | $22K | 20x |
Nado XAG-PERP
Hotstuff SILVER-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.81
- Price spread: +0.074% → 0.000%
- $7.44
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$14.38
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 3 min ago; Hotstuff: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 3 min ago | 0.38 bp | 5.2 bp −$5 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XAG on 44 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | −0.0220% | 1h | 64.602 | −1.314% | $11K | $240 | 52x | as long as short |
| Ondo Perps XAG-USD.P | −0.0070% | 1h | 65.390 | −0.110% | $5.7M | $10.2M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.477 | +0.023% | $12K | $6K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.490 | +0.042% | $137.0M | $192.0M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.530 | +0.103% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.580 | +0.180% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.540 | +0.119% | $1.5M | $253K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.591 | +0.197% | $119K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.493 | +0.047% | $4.5M | $9.3M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.445 | −0.027% | $5.0M | $12.0M | 10x | as long as short |
Injective XAG/USDC PERP
Ondo Perps XAG-USD.P
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 65.560 | +0.149% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.933 | +0.719% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERPshort | +0.0048% | 1h | 65.511 | +0.074% | $36K | $22K | 20x | |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.453 | −0.014% | $174.0M | $92.5M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.458 | −0.007% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.483 | +0.032% | $3K | $6K | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0055% | 1h | 65.510 | +0.073% | $77K | $436K | 20x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 65.490 | +0.042% | $435K | $1.5M | 20x | as long as short |
| Variational Omni XAG | +0.0076% | 4h | 65.573 | +0.169% | $5.4M | $9.1M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0076% | 8h | 65.477 | +0.022% | $29K | $166 | 5x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0088% | 1h | 65.570 | +0.165% | $1.6M | $1.6M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0090% | 24h | 65.562 | +0.152% | $659K | $36.2M | 8.1x | as long as short |
| Nado XAG-PERPlong | +0.0095% | 1h | 65.462 | long leg | $1.2M | $4.1M | 10x | |
| Pacifica XAG | +0.0100% | 1h | 65.444 | −0.028% | $466K | $588K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.460 | −0.004% | $25.3M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.570 | +0.165% | $112K | $19K | 50x | as long as short |
| Phoenix SILVER | +0.0111% | 1h | 65.549 | +0.132% | $56K | $12K | 25x | as long as short |
| MEXC SILVER_USDT | +0.0118% | 4h | 65.480 | +0.027% | $117.1M | $160.1M | 1000x | as long as short |
| Binance XAGUSDT | +0.0118% | 4h | 65.489 | +0.040% | $193.3M | $825.7M | 100x | as long as short |
| Aevo XAG-PERP | +0.0120% | 1h | 65.533 | +0.108% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0127% | 4h | 65.630 | +0.257% | $669K | $313K | 30x | as long as short |
| Aster XAGUSDT | +0.0132% | 4h | 65.500 | +0.058% | $2.7M | $1.1M | 100x | as long as short |
| Bullet SILVER-USD | +0.0167% | 1h | 65.492 | +0.046% | $45K | $75K | 10x | as long as short |
| Lighter XAG | +0.0176% | 1h | 65.502 | +0.061% | $5.1M | $11.3M | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0199% | 1h | 65.506 | +0.067% | $79K | $37K | 10x | as long as short |
| RISEx XAG/USDC | +0.0206% | 1h | 65.511 | +0.075% | $1.2M | $4.9M | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0209% | 8h | 65.480 | +0.027% | $28.2M | $81.2M | 50x | as long as short |
| Bitget XAGUSDT | +0.0228% | 4h | 65.490 | +0.042% | $23.0M | $49.5M | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.495 | +0.050% | $93K | — | 111x | as long as short |
| Bybit XAGUSDT | +0.0242% | 4h | 65.490 | +0.042% | $30.7M | $45.2M | 150x | as long as short |
| GRVT XAG_USDT_Perp | +0.0302% | 4h | 65.567 | +0.159% | $384K | $1.6M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0352% | 1h | 65.503 | +0.061% | $21K | $12K | 10x | as long as short |
| BloFin XAG-USDT | +0.0359% | 4h | 65.560 | +0.149% | $2.7M | $710K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0773% | 1h | 65.509 | +0.072% | $1.0M | $893K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Deribit SILVER_USDC-PERPETUAL
QFEX SILVER-USD
Variational Omni XAG
Paradex XAG-USD-PERP
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Phoenix SILVER
MEXC SILVER_USDT
Binance XAGUSDT
Aevo XAG-PERP
edgeX XAGUSDC
Aster XAGUSDT
Bullet SILVER-USD
Lighter XAG
Aftermath Perps XAGUSD
RISEx XAG/USDC
OKX XAG-USDT-SWAP
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Bybit XAGUSDT
GRVT XAG_USDT_Perp
Hibachi XAG/USDT-P
BloFin XAG-USDT
Kraken Futures PF_XAGUSD