XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0176%/8h= −19.2% APRnext payment −$0.22 per $10,000 · paid last 24h −0.081%

Price spread now: Hotstuff against Bullet−0.065%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bullet Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.065% cheaper against Bullet than usual: you would sell low and buy high (−$6 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	Bullet SILVER-USD	65.425	0.0152	pay 0.0019% / 1h	41m 58s	$43K	$77K	10x
Short	Hotstuff SILVER-PERP	65.383	−0.0024	pay 0.0003% / 1h	41m 58s	$35K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Bullet. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BulletbpFee HotstuffbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$36.9
Price spread: −0.065% → 0.000%: −$6.46
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$56.36
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Bullet: no order-book sample; 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 Bullet no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Bullet and 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
Hibachi XAG/USDT-P	−0.0120%	1h	65.374	−0.079%	$20K	$20K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0083%	1h	65.280	−0.222%	$5.6M	$9.7M	25x	as long as short
Hotstuff SILVER-PERPshort	−0.0024%	1h	65.383	−0.065%	$35K	$21K	20x
dYdX XAG-USD	0.0000%	1h	65.350	−0.115%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.420	−0.008%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.460	+0.053%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.420	−0.008%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.366	−0.090%	$118K	—	250x	as long as short
Bybit XAGUSDT	+0.0021%	4h	65.390	−0.054%	$28.4M	$39.6M	150x	as long as short
Gate XAG_USDT	+0.0026%	4h	65.420	−0.008%	$141.4M	$180.9M	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	65.401	−0.037%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.329	−0.147%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.490%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.420	−0.008%	$787K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.829	+0.617%	—	—	25x	as long as short
Aster XAGUSDT	+0.0046%	4h	65.394	−0.048%	$2.7M	$970K	100x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.400	−0.039%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.364	−0.094%	$170.2M	$83.8M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.369	−0.086%	$3.8M	$718K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.322	−0.158%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0058%	8h	65.384	−0.063%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.410	−0.024%	$1.3M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.384	−0.063%	$56K	$31K	25x	as long as short
Variational Omni XAG	+0.0070%	4h	65.414	−0.018%	$5.5M	$9.4M	—	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.383	−0.065%	$491K	$30.2M	8.1x	as long as short
Binance XAGUSDT	+0.0078%	4h	65.380	−0.069%	$189.7M	$763.5M	100x	as long as short
MEXC SILVER_USDT	+0.0078%	4h	65.390	−0.054%	$115.1M	$157.1M	1000x	as long as short
Aevo XAG-PERP	+0.0088%	1h	65.409	−0.025%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0090%	4h	65.433	+0.012%	$666K	$314K	30x	as long as short
Lighter XAG	+0.0096%	1h	65.404	−0.033%	$5.4M	$11.3M	25x	as long as short
Pacifica XAG	+0.0100%	1h	65.342	−0.127%	$467K	$627K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.370	−0.084%	$24.6M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.410	−0.023%	$112K	$19K	50x	as long as short
Nado XAG-PERP	+0.0109%	1h	65.366	−0.091%	$1.2M	$5.5M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0120%	4h	65.397	−0.043%	$397K	$1.6M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.380	−0.069%	$1.6M	$1.4M	20x	as long as short
Bullet SILVER-USDlong	+0.0152%	1h	65.425	long leg	$43K	$77K	10x
Bitget XAGUSDT	+0.0186%	4h	65.390	−0.054%	$23.8M	$46.6M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0190%	8h	65.390	−0.054%	$27.9M	$71.3M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.400	−0.039%	$65K	$373K	20x	as long as short
Aftermath Perps XAGUSD	+0.0211%	1h	65.399	−0.041%	$79K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0317%	4h	65.450	+0.038%	$2.6M	$616K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0318% / S −0.0301%	1h	65.425	0.000%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0492%	1h	65.382	−0.067%	$916K	$746K	25x	as long as short