Funding you earn now, next payment 02:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.03 per $10,000 · paid last 24h −0.008%
Price spread now: gTrade (Gains Network) against Injective−0.076%55s7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.076% cheaper against Injective than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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 | 35m 33s | $11K | $94K | 52x |
| Short | gTrade (Gains Network) XAG/USD | 66.350 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 35m 33s | $120K | — | 250x |
Injective XAG/USDC PERP
gTrade (Gains Network) XAG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$5.77
- Price spread: −0.076% → 0.000%
- −$7.61
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$23.4
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 63 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 gTrade (Gains Network) virtual book (oracle venue), 63 min ago | 130.00 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2012.7 bp −$1.01M |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −0.0008% | 1h | 66.447 | +0.071% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.356 | −0.066% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.490 | +0.136% | $153.5M | $162.5M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.430 | +0.045% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.450 | +0.075% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.440 | +0.060% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDshort | L +0.0004% / S −0.0006% | 1h | 66.350 | −0.076% | $120K | — | 250x | |
| Lighter RH XAG | +0.0032% | 1h | 66.455 | +0.083% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.409 | +0.013% | $5.4M | $12.3M | 10x | as long as short |
| Injective XAG/USDC PERPlong | +0.0033% | 1h | 66.400 | long leg | $11K | $94K | 52x |
Hotstuff SILVER-PERP
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Lighter RH XAG
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.410 | +0.015% | $799K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.845 | +0.670% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.413 | +0.020% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.384 | −0.024% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.348 | −0.078% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.380 | −0.030% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.460 | +0.090% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0061% | 24h | 66.357 | −0.065% | $563K | $23.2M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.489 | +0.134% | $1.3M | $4.3M | 20x | as long as short |
| Bybit XAGUSDT | +0.0092% | 4h | 66.500 | +0.151% | $26.4M | $35.9M | 150x | as long as short |
| tradeXYZ xyz:SILVER | +0.0095% | 1h | 66.433 | +0.050% | $165.9M | $76.0M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.432 | +0.048% | $473K | $605K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.440 | +0.060% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.310 | −0.136% | $126K | $23K | 50x | as long as short |
| BloFin XAG-USDT | +0.0103% | 4h | 66.570 | +0.256% | $2.6M | $624K | 100x | as long as short |
| Aster XAGUSDT | +0.0117% | 4h | 66.462 | +0.094% | $2.8M | $962K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0124% | 8h | 66.460 | +0.091% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0140% | 4h | 66.405 | +0.007% | $5.5M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0144% | 1h | 66.416 | +0.024% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0152% | 4h | 66.480 | +0.120% | $102.4M | $158.1M | 1000x | as long as short |
| Binance XAGUSDT | +0.0156% | 4h | 66.482 | +0.124% | $192.9M | $707.8M | 100x | as long as short |
| edgeX XAGUSDC | +0.0166% | 4h | 66.514 | +0.171% | $675K | $314K | 30x | as long as short |
| Lighter XAG | +0.0168% | 1h | 66.472 | +0.109% | $5.3M | $10.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.520 | +0.181% | $1.9M | $967K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0199% | 8h | 66.480 | +0.120% | $28.0M | $66.0M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0219% | 1h | 66.408 | +0.012% | $80K | $38K | 10x | as long as short |
| Nado XAG-PERP | +0.0228% | 1h | 66.393 | −0.010% | $1.3M | $6.5M | 10x | as long as short |
| Bitget XAGUSDT | +0.0228% | 4h | 66.490 | +0.136% | $24.1M | $46.1M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0242% | 4h | 66.526 | +0.189% | $391K | $1.5M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0272% | 1h | 66.302 | −0.148% | $20K | $22K | 10x | as long as short |
| Bullet SILVER-USD | +0.0280% | 1h | 66.416 | +0.024% | $45K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0292% / S −0.0281% | 1h | 66.425 | +0.038% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.400 | 0.000% | $50K | $325K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0462% | 1h | 66.375 | −0.037% | $765K | $475K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
Bybit XAGUSDT
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
BloFin XAG-USDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Lighter XAG
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Nado XAG-PERP
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Hibachi XAG/USDT-P
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD