Funding you earn now, next payment 02:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Injective against SoDEX+0.087%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
The price spread pays, funding is against you. Injective is 0.087% dearer against SoDEX than usual: you sell high and buy low (spread +0.087% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SILVER-USD | 66.342 | 0.0050 | pay 0.0006% / 1h | 56m 30s | $3K | $6K | 20x |
| Short | Injective XAG/USDC PERP | 66.400 | 0.0033 | get 0.0004% / 1h | 56m 30s | $11K | $94K | 52x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against SoDEX. 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: +0.087% → 0.000%
- $8.74
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$2.78
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; Injective: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
SoDEX and 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 | 66.388 | +0.069% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.530 | +0.283% | $26.0M | $35.9M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.520 | +0.268% | $154.6M | $159.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.420 | +0.118% | $2K | $2.9M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.430 | +0.133% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.470 | +0.193% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.396 | +0.082% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.439 | +0.145% | $4.8M | $9.3M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.430 | +0.132% | $5.4M | $12.5M | 10x | as long as short |
| Hotstuff SILVER-PERP | +0.0032% | 1h | 66.373 | +0.047% | $35K | $21K | 20x | 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 PERPshort | +0.0033% | 1h | 66.400 | +0.087% | $11K | $94K | 52x | |
| StandX XAG-USD | +0.0040% | 1h | 66.430 | +0.133% | $799K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.907 | +0.852% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.369 | +0.041% | $56K | $26K | 25x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.400 | +0.087% | $5.7M | $9.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.449 | +0.161% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USDlong | +0.0050% | 1h | 66.342 | long leg | $3K | $6K | 20x | |
| QFEX SILVER-USD | +0.0054% | 1h | 66.450 | +0.163% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.384 | +0.063% | $549K | $23.0M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0077% | 1h | 66.429 | +0.131% | $165.8M | $85.2M | 25x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.509 | +0.251% | $1.2M | $4.3M | 20x | as long as short |
| Aster XAGUSDT | +0.0098% | 4h | 66.470 | +0.193% | $2.8M | $1.0M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.446 | +0.157% | $473K | $611K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.450 | +0.163% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.390 | +0.072% | $126K | $23K | 50x | as long as short |
| Variational Omni XAG | +0.0108% | 4h | 66.543 | +0.304% | $5.6M | $9.8M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0113% | 8h | 66.459 | +0.177% | $30K | $1K | 5x | as long as short |
| edgeX XAGUSDC | +0.0123% | 4h | 66.509 | +0.252% | $675K | $316K | 30x | as long as short |
| MEXC SILVER_USDT | +0.0126% | 4h | 66.470 | +0.193% | $108.2M | $156.0M | 1000x | as long as short |
| Binance XAGUSDT | +0.0126% | 4h | 66.487 | +0.219% | $193.4M | $715.2M | 100x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 66.406 | +0.096% | $48K | — | 10x | as long as short |
| Lighter XAG | +0.0152% | 1h | 66.454 | +0.168% | $5.3M | $10.4M | 25x | as long as short |
| BloFin XAG-USDT | +0.0158% | 4h | 66.470 | +0.193% | $2.6M | $663K | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.380 | +0.057% | $1.9M | $962K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0190% | 4h | 66.454 | +0.169% | $402K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0194% | 8h | 66.480 | +0.208% | $28.0M | $66.7M | 50x | as long as short |
| Bitget XAGUSDT | +0.0200% | 4h | 66.490 | +0.223% | $24.5M | $46.4M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0209% | 1h | 66.470 | +0.193% | $80K | $39K | 10x | as long as short |
| Nado XAG-PERP | +0.0226% | 1h | 66.465 | +0.185% | $1.3M | $6.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0261% | 1h | 66.466 | +0.187% | $45K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0292% / S −0.0281% | 1h | 66.465 | +0.185% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0304% | 1h | 66.370 | +0.042% | $20K | $22K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.400 | +0.087% | $50K | $331K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0462% | 1h | 66.377 | +0.052% | $765K | $552K | 25x | as long as short |
SoDEX SILVER-USD
Injective XAG/USDC PERP
Bybit XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
StandX XAG-USD
Phoenix SILVER
Polymarket Perps SILVER-USD
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
edgeX XAGUSDC
MEXC SILVER_USDT
Binance XAGUSDT
Lighter XAG
BloFin XAG-USDT
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD