Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: SoDEX against Injective+0.226%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.226% dearer against Injective than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
| 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 | 13m 10s | $11K | $94K | 52x |
| Short | SoDEX SILVER-USD | 66.550 | 0.0050 | get 0.0006% / 1h | 13m 10s | $4K | $5K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $3.5
- Price spread: +0.226% → 0.000%
- $22.59
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $18.07
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; SoDEX: 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 Injective no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Injective and SoDEX: 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 | 66.560 | +0.241% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.640 | +0.361% | $26.5M | $34.7M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.620 | +0.331% | $156.0M | $174.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.630 | +0.346% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.660 | +0.392% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.620 | +0.331% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.556 | +0.234% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0008% | 1h | 66.596 | +0.295% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.599 | +0.300% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.557 | +0.236% | $5.5M | $12.2M | 10x | as long as short |
Show 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 | 66.596 | +0.295% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.580 | +0.271% | $797K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 67.065 | +1.002% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.594 | +0.292% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USDshort | +0.0050% | 1h | 66.550 | +0.226% | $4K | $5K | 20x | |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.530 | +0.196% | $5.7M | $10.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.584 | +0.277% | $581K | $21.3M | 8.1x | as long as short |
| QFEX SILVER-USD | +0.0061% | 1h | 66.610 | +0.316% | $125K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0070% | 1h | 66.572 | +0.259% | $166.0M | $87.0M | 25x | as long as short |
| BloFin XAG-USDT | +0.0089% | 4h | 66.600 | +0.301% | $2.6M | $652K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.573 | +0.261% | $481K | $618K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.570 | +0.256% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.590 | +0.286% | $127K | $26K | 50x | as long as short |
| Variational Omni XAG | +0.0103% | 4h | 66.615 | +0.324% | $5.6M | $10.1M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0105% | 8h | 66.616 | +0.326% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0113% | 4h | 66.611 | +0.318% | $2.8M | $1.1M | 100x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.603 | +0.305% | $5.2M | $10.4M | 25x | as long as short |
| Aevo XAG-PERP | +0.0120% | 1h | 66.612 | +0.319% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0122% | 4h | 66.610 | +0.316% | $115.5M | $153.4M | 1000x | as long as short |
| Binance XAGUSDT | +0.0122% | 4h | 66.618 | +0.329% | $191.8M | $723.4M | 100x | as long as short |
| edgeX XAGUSDC | +0.0130% | 4h | 66.608 | +0.313% | $676K | $316K | 30x | as long as short |
| Bitget XAGUSDT | +0.0156% | 4h | 66.630 | +0.346% | $24.4M | $48.2M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0160% | 1h | 66.610 | +0.316% | $1.9M | $851K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0171% | 1h | 66.556 | +0.234% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0180% | 4h | 66.634 | +0.353% | $401K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0198% | 8h | 66.620 | +0.331% | $28.0M | $66.8M | 50x | as long as short |
| RISEx XAG/USDC | +0.0208% | 1h | 66.634 | +0.353% | $1.3M | $4.2M | 20x | as long as short |
| Bullet SILVER-USD | +0.0250% | 1h | 66.629 | +0.345% | $45K | $75K | 10x | as long as short |
| Nado XAG-PERP | +0.0254% | 1h | 66.577 | +0.267% | $1.3M | $6.6M | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0280% | 1h | 66.571 | +0.258% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.625 | +0.339% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0351% | 1h | 66.600 | +0.301% | $50K | $351K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0595% | 1h | 66.588 | +0.283% | $764K | $588K | 25x | as long as short |
Injective XAG/USDC PERP
SoDEX SILVER-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
Phoenix SILVER
StandX XAG-USD
Polymarket Perps SILVER-USD
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
BloFin XAG-USDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
Aster XAGUSDT
Lighter XAG
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Bitget XAGUSDT
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
RISEx XAG/USDC
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD