Funding you earn now, next payment 01:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h −0.050%
Price spread now: Hotstuff against Binance−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Hotstuff is 0.069% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAGUSDT | 66.806 | 0.0111 | pay 0.0055% / 4h | 3h 52m | $192.3M | $726.5M | 100x |
| Short | Hotstuff SILVER-PERP | 66.760 | 0.0064 | get 0.0008% / 1h | 52m 50s | $36K | $21K | 20x |
Binance XAGUSDT
Hotstuff SILVER-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Binance. 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: −0.069% → 0.000%
- −$6.87
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$31.68
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 6 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 Binance live order book, 6 min ago | 0.75 bp | 5.7 bp −$6 | 5.7 bp −$57 | 9.3 bp −$933 | 23.2 bp −$11.6K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.742 | −0.095% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.820 | +0.021% | $26.1M | $35.2M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.780 | −0.039% | $155.6M | $164.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.810 | +0.006% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.830 | +0.036% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.820 | +0.021% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.750 | −0.084% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.796 | −0.015% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.724 | −0.123% | $5.4M | $13.2M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.608% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.750 | −0.084% | $803K | $2.7M | 40x | as long as short |
| Ondo Perps XAG-USD.P | +0.0046% | 1h | 66.710 | −0.144% | $5.7M | $9.8M | 25x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 67.256 | +0.674% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.670 | −0.203% | $57K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.775 | −0.046% | $166.3M | $85.8M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.783 | −0.034% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.751 | −0.082% | $4K | $5K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.800 | −0.009% | $115K | $2.8M | 20x | as long as short |
| BloFin XAG-USDT | +0.0056% | 4h | 66.800 | −0.009% | $2.6M | $671K | 100x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.772 | −0.051% | $557K | $21.7M | 8.1x | as long as short |
| Hotstuff SILVER-PERPshort | +0.0064% | 1h | 66.760 | −0.069% | $36K | $21K | 20x | |
| Variational Omni XAG | +0.0087% | 4h | 66.806 | 0.000% | $5.6M | $10.1M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0093% | 8h | 66.793 | −0.019% | $30K | $1K | 5x | as long as short |
| Lighter XAG | +0.0096% | 1h | 66.799 | −0.010% | $5.4M | $10.4M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.753 | −0.079% | $482K | $624K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.750 | −0.084% | $24.7M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.750 | −0.084% | $127K | $26K | 50x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.754 | −0.078% | $48K | — | 10x | as long as short |
| Aster XAGUSDT | +0.0106% | 4h | 66.804 | −0.003% | $2.8M | $1.1M | 100x | as long as short |
| edgeX XAGUSDC | +0.0106% | 4h | 66.731 | −0.112% | $677K | $313K | 30x | as long as short |
| MEXC SILVER_USDT | +0.0110% | 4h | 66.770 | −0.054% | $116.5M | $154.0M | 1000x | as long as short |
| Binance XAGUSDTlong | +0.0111% | 4h | 66.806 | long leg | $192.3M | $726.5M | 100x | |
| Nado XAG-PERP | +0.0128% | 1h | 66.768 | −0.057% | $1.3M | $6.6M | 10x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.820 | +0.021% | $1.3M | $4.2M | 20x | as long as short |
| Bitget XAGUSDT | +0.0166% | 4h | 66.800 | −0.009% | $24.9M | $48.7M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0174% | 1h | 66.724 | −0.123% | $80K | $40K | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.760 | −0.069% | $1.9M | $952K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0191% | 8h | 66.800 | −0.009% | $28.2M | $67.5M | 50x | as long as short |
| Bullet SILVER-USD | +0.0193% | 1h | 66.817 | +0.016% | $45K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0240% | 1h | 66.740 | −0.099% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.805 | −0.001% | $104K | — | 111x | as long as short |
| GRVT XAG_USDT_Perp | +0.0298% | 4h | 66.830 | +0.036% | $401K | $1.5M | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0349% | 1h | 66.800 | −0.009% | $51K | $351K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0487% | 1h | 66.778 | −0.042% | $767K | $592K | 25x | as long as short |
StandX XAG-USD
Ondo Perps XAG-USD.P
Vest SI-PERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
BloFin XAG-USDT
Kalshi KXSILVERPERP
Variational Omni XAG
Paradex XAG-USD-PERP
Lighter XAG
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aevo XAG-PERP
Aster XAGUSDT
edgeX XAGUSDC
MEXC SILVER_USDT
Nado XAG-PERP
RISEx XAG/USDC
Bitget XAGUSDT
Aftermath Perps XAGUSD
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
GRVT XAG_USDT_Perp
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD