Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against ApeX Omni+0.591%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.591% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.591% now, against zero (this spread has no 7-day history yet)): +$59 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 30 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XAGUSDT | 66.010 | 0.0100 | pay 0.0013% / 1h | 14m 31s | $113K | $30K | 50x |
| Short | Injective XAG/USDC PERP | 66.400 | 0.0033 | get 0.0004% / 1h | 14m 31s | $11K | $94K | 52x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against ApeX Omni. 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
- −$14
- Price spread: +0.591% → 0.000%
- $59.08
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $35.06
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 36 min ago; Injective: 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 ApeX Omni live order book, 36 min ago | 4.55 bp | 18.4 bp −$18 | 66.9 bp −$669 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0057% | 1h | 65.960 | −0.076% | $5.7M | $9.2M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.989 | −0.032% | $14K | $66 | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.080 | +0.106% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.080 | +0.106% | $1.0M | $949K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.070 | +0.091% | $1.5M | $320K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.994 | −0.024% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0024% | 1h | 66.024 | +0.021% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.048 | +0.057% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.993 | −0.026% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERPshort | +0.0033% | 1h | 66.400 | +0.591% | $11K | $94K | 52x |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XAG_USDT | +0.0034% | 4h | 66.070 | +0.091% | $149.8M | $164.2M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.060 | +0.076% | $795K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.478 | +0.709% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.024 | +0.021% | $3.9M | $676K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.994 | −0.024% | $3K | $6K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0053% | 1h | 66.026 | +0.024% | $166.3M | $74.0M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0056% | 8h | 66.041 | +0.047% | $30K | $1K | 5x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 66.050 | +0.061% | $114K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 66.008 | −0.003% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0073% | 24h | 66.011 | +0.002% | $557K | $26.4M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 66.065 | +0.083% | $1.3M | $4.9M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.003 | −0.011% | $470K | $605K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.030 | +0.030% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDTlong | +0.0100% | 1h | 66.010 | long leg | $113K | $30K | 50x | |
| Lighter XAG | +0.0112% | 1h | 66.046 | +0.054% | $5.2M | $10.9M | 25x | as long as short |
| Bybit XAGUSDT | +0.0113% | 4h | 66.080 | +0.106% | $27.8M | $36.5M | 150x | as long as short |
| Aster XAGUSDT | +0.0121% | 4h | 66.062 | +0.079% | $2.7M | $866K | 100x | as long as short |
| Variational Omni XAG | +0.0165% | 4h | 66.053 | +0.066% | $5.6M | $9.5M | — | as long as short |
| BloFin XAG-USDT | +0.0165% | 4h | 66.060 | +0.076% | $2.6M | $563K | 100x | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.053 | +0.065% | $47K | — | 10x | as long as short |
| Nado XAG-PERP | +0.0176% | 1h | 66.012 | +0.003% | $1.4M | $5.8M | 10x | as long as short |
| MEXC SILVER_USDT | +0.0176% | 4h | 66.060 | +0.076% | $115.0M | $152.7M | 1000x | as long as short |
| Binance XAGUSDT | +0.0177% | 4h | 66.068 | +0.088% | $191.6M | $702.0M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0178% | 4h | 66.079 | +0.105% | $395K | $1.5M | 25x | as long as short |
| edgeX XAGUSDC | +0.0186% | 4h | 66.058 | +0.073% | $670K | $312K | 30x | as long as short |
| Aftermath Perps XAGUSD | +0.0189% | 1h | 66.046 | +0.055% | $79K | $36K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0205% | 1h | 66.030 | +0.030% | $75K | $363K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 66.030 | +0.030% | $1.8M | $1.0M | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0225% | 8h | 66.070 | +0.091% | $27.7M | $64.6M | 50x | as long as short |
| Bitget XAGUSDT | +0.0226% | 4h | 66.070 | +0.091% | $23.9M | $45.2M | 100x | as long as short |
| Bullet SILVER-USD | +0.0229% | 1h | 66.063 | +0.080% | $44K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 66.020 | +0.015% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0387% / S −0.0440% | 1h | 66.065 | +0.083% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0624% | 1h | 66.029 | +0.028% | $911K | $683K | 25x | as long as short |
ApeX Omni XAGUSDT
Injective XAG/USDC PERP
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Gate XAG_USDT
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
Paradex XAG-USD-PERP
Phoenix SILVER
Kalshi KXSILVERPERP
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
Lighter XAG
Bybit XAGUSDT
Aster XAGUSDT
Variational Omni XAG
BloFin XAG-USDT
MEXC SILVER_USDT
Binance XAGUSDT
GRVT XAG_USDT_Perp
edgeX XAGUSDC
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD