Funding you earn now, next payment 00:00 UTC+0.0070%/8h= +7.7% APRpaid last 24h +0.020%
Price spread now: Binance against Injective+0.054%107s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.054% dearer against Injective than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XAG/USDC PERP | 66.400 | 0.0033 | pay 0.0004% / 1h | 39m 40s | $11K | $94K | 52x |
| Short | Binance XAGUSDT | 66.436 | 0.0104 | get 0.0052% / 4h | 39m 40s | $191.8M | $721.8M | 100x |
Injective XAG/USDC PERP
Binance XAGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14.79
- Price spread: +0.054% → 0.000%
- $5.43
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $10.2
- Costs to cover
- 0.100%
- Break-even
- 2.2 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 4 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 0.75 bp | 5.8 bp −$6 | 5.8 bp −$58 | 7.6 bp −$761 | 17.2 bp −$8,609 |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.370 | −0.046% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.450 | +0.075% | $25.9M | $33.7M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.430 | +0.045% | $147.1M | $170.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.470 | +0.105% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.500 | +0.151% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.470 | +0.105% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.372 | −0.042% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0024% | 1h | 66.401 | +0.002% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.422 | +0.033% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.369 | −0.046% | $5.5M | $12.3M | 10x | 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
Hotstuff SILVER-PERP
Lighter RH XAG
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERPlong | +0.0033% | 1h | 66.400 | long leg | $11K | $94K | 52x | |
| Phoenix SILVER | +0.0036% | 1h | 66.418 | +0.027% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.410 | +0.015% | $795K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.898 | +0.750% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.426 | +0.039% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.374 | −0.039% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.360 | −0.060% | $5.7M | $10.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.413 | +0.020% | $589K | $21.2M | 8.1x | as long as short |
| QFEX SILVER-USD | +0.0061% | 1h | 66.430 | +0.045% | $124K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0070% | 1h | 66.401 | +0.002% | $165.5M | $86.8M | 25x | as long as short |
| BloFin XAG-USDT | +0.0082% | 4h | 66.460 | +0.090% | $2.6M | $650K | 100x | as long as short |
| Variational Omni XAG | +0.0090% | 4h | 66.457 | +0.085% | $5.6M | $10.1M | — | as long as short |
| Aster XAGUSDT | +0.0093% | 4h | 66.440 | +0.060% | $2.8M | $1.1M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.384 | −0.024% | $475K | $612K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.400 | 0.000% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.410 | +0.015% | $126K | $26K | 50x | as long as short |
| MEXC SILVER_USDT | +0.0102% | 4h | 66.440 | +0.060% | $114.4M | $152.9M | 1000x | as long as short |
| Paradex XAG-USD-PERP | +0.0103% | 8h | 66.419 | +0.029% | $30K | $1K | 5x | as long as short |
| Binance XAGUSDTshort | +0.0104% | 4h | 66.436 | +0.054% | $191.8M | $721.8M | 100x | |
| Aevo XAG-PERP | +0.0104% | 1h | 66.441 | +0.062% | $48K | — | 10x | as long as short |
| Lighter XAG | +0.0112% | 1h | 66.420 | +0.030% | $5.2M | $10.3M | 25x | as long as short |
| edgeX XAGUSDC | +0.0114% | 4h | 66.457 | +0.085% | $674K | $314K | 30x | as long as short |
| Bitget XAGUSDT | +0.0122% | 4h | 66.440 | +0.060% | $24.2M | $47.9M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0149% | 1h | 66.433 | +0.050% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0158% | 4h | 66.470 | +0.105% | $395K | $1.4M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0160% | 1h | 66.420 | +0.030% | $1.9M | $848K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0189% | 8h | 66.440 | +0.060% | $27.6M | $66.1M | 50x | as long as short |
| RISEx XAG/USDC | +0.0208% | 1h | 66.436 | +0.054% | $1.3M | $4.2M | 20x | as long as short |
| Bullet SILVER-USD | +0.0245% | 1h | 66.448 | +0.073% | $46K | $75K | 10x | as long as short |
| Nado XAG-PERP | +0.0250% | 1h | 66.403 | +0.005% | $1.3M | $6.6M | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0258% / S −0.0231% | 1h | 66.445 | +0.068% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0304% | 1h | 66.409 | +0.014% | $20K | $22K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0503% | 1h | 66.430 | +0.045% | $50K | $360K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0596% | 1h | 66.420 | +0.031% | $768K | $566K | 25x | as long as short |
Phoenix SILVER
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
Kalshi KXSILVERPERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
BloFin XAG-USDT
Variational Omni XAG
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
MEXC SILVER_USDT
Paradex XAG-USD-PERP
Aevo XAG-PERP
Lighter XAG
edgeX XAGUSDC
Bitget XAGUSDT
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
RISEx XAG/USDC
Bullet SILVER-USD
Nado XAG-PERP
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD