Funding you earn now, next payment 05:00 UTC+0.0143%/8h= +15.6% APRnext payment +$0.18 per $10,000 · paid last 24h +0.047%
Price spread now: Coinbase International against Injective−1.310%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Coinbase International is 1.310% cheaper against Injective than usual: you would sell low and buy high (spread −1.310% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$131 on $10k: about 31 days of funding at the current rate (+$4 a day).
| 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 | 10m 58s | $11K | $94K | 52x |
| Short | Coinbase International SILVER-PERP-INTX | 65.530 | 0.0176 | get 0.0022% / 1h | 10m 58s | $1.6M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $29.96
- Price spread: −1.310% → 0.000%
- −$131.02
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$111.08
- Costs to cover
- 0.100%
- Break-even
- 33.0 days
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago | 2.29 bp | 7.3 bp −$7 | 8.7 bp −$87 | doesn't fit | doesn't fit |
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 | 65.500 | −1.356% | $12K | $5K | 5x | as long as short |
| Ondo Perps XAG-USD.P | 0.0000% | 1h | 65.470 | −1.401% | $5.6M | $9.6M | 25x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.610 | −1.190% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.640 | −1.145% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.630 | −1.160% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.532 | −1.307% | $118K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.580 | −1.235% | $1.2M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.611 | −1.189% | $4.7M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.575 | −1.243% | $5.1M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERPlong | +0.0033% | 1h | 66.400 | long leg | $11K | $94K | 52x |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 65.418 | −1.479% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.570 | −1.250% | $789K | $3.0M | 40x | as long as short |
| Gate XAG_USDT | +0.0042% | 4h | 65.650 | −1.130% | $145.0M | $179.7M | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.987 | −0.622% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.532 | −1.307% | $3.9M | $710K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.567 | −1.255% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.540 | −1.295% | $157K | $2.8M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.362 | −1.563% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0064% | 8h | 65.560 | −1.266% | $29K | $1K | 5x | as long as short |
| Kalshi KXSILVERPERP | +0.0076% | 24h | 65.561 | −1.264% | $445K | $28.8M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0082% | 1h | 65.594 | −1.214% | $171.0M | $82.6M | 25x | as long as short |
| Aster XAGUSDT | +0.0089% | 4h | 65.630 | −1.160% | $2.7M | $944K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.515 | −1.333% | $468K | $626K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.600 | −1.205% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.400 | −1.506% | $112K | $23K | 50x | as long as short |
| Lighter XAG | +0.0128% | 1h | 65.623 | −1.170% | $5.3M | $11.2M | 25x | as long as short |
| Bybit XAGUSDT | +0.0129% | 4h | 65.660 | −1.114% | $28.8M | $38.8M | 150x | as long as short |
| Variational Omni XAG | +0.0131% | 4h | 65.414 | −1.485% | $5.5M | $9.6M | — | as long as short |
| Hibachi XAG/USDT-P | +0.0136% | 1h | 65.476 | −1.392% | $20K | $19K | 10x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.598 | −1.207% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0138% | 4h | 65.640 | −1.145% | $123.2M | $161.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0139% | 4h | 65.630 | −1.160% | $189.3M | $744.5M | 100x | as long as short |
| Nado XAG-PERP | +0.0156% | 1h | 65.531 | −1.308% | $1.3M | $5.6M | 10x | as long as short |
| edgeX XAGUSDC | +0.0158% | 4h | 65.443 | −1.441% | $666K | $311K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTXshort | +0.0176% | 1h | 65.530 | −1.310% | $1.6M | $1.3M | 20x | |
| GRVT XAG_USDT_Perp | +0.0204% | 4h | 65.430 | −1.461% | $397K | $1.5M | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0208% | 1h | 65.439 | −1.447% | $79K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0214% | 4h | 65.650 | −1.130% | $23.8M | $46.2M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0216% | 8h | 65.640 | −1.145% | $27.9M | $70.1M | 50x | as long as short |
| Bullet SILVER-USD | +0.0245% | 1h | 65.587 | −1.224% | $43K | $76K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0360% | 1h | 65.620 | −1.175% | $66K | $367K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0366% / S −0.0361% | 1h | 65.595 | −1.212% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0379% | 4h | 65.610 | −1.190% | $2.6M | $622K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0470% | 1h | 65.576 | −1.241% | $915K | $735K | 25x | as long as short |
Injective XAG/USDC PERP
Coinbase International SILVER-PERP-INTX
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Lighter RH XAG
Extended XAG-USD
Phoenix SILVER
StandX XAG-USD
Gate XAG_USDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Bybit XAGUSDT
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
GRVT XAG_USDT_Perp
Aftermath Perps XAGUSD
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD