Silver trades as both a precious and an industrial metal alongside gold; this contract tracks its liquid spot price rather than a named futures contract. Tracked here on Hyperliquid (xyz) with live mark, funding, open interest and premium to oracle.
Measured against the venue's own oracle — the price the perp is pulled toward, over the last 30 days of 15-minute samples.
3.0 bps
Typical distance between the traded price and the venue’s oracle while the underlying market is open. It sits within 10 bps of it 99.8% of the time.
Cost to trade it: the venue’s impact bid/ask spread runs 0.7 bps, median over the same window. It is context, not part of the rating.
median, 30 days
32.3 bps
How far the price moves when the underlying market reopens — how close the venue’s closed-hours price was to reality. It was closer than the last real price 60% of the time.
median of 5 reopens
6.9% a year
Funding actually paid over the last 30 days — longs pay at this rate. This is the running cost of holding the position, before fees.
30 days
$70.1M 24h volume
Open interest $168.3M. Weekend books hold 13% of weekday hourly volume.
latest snapshot
When the underlying market reopens, the oracle snaps back to the real price. The jump is how far the venue's closed-hours price was from reality.
Median jump 32.3 bps across 5 rated closures. The venue’s closed-hours price was closer to the reopening price than the last real price 60% of the time. Rows below are the last reopens captured, which can cover a different set of closures than the median.
| Date | Closure | Venue price | Real reopen | Jump | Beat the close? |
|---|---|---|---|---|---|
| 27 Oct 2026 | Daily break | 54.443 | 54.446 | +0.6 bps | Yes |
| 26 Oct 2026 | Daily break | 54.002 | 53.93 | -13.3 bps | No |
| 25 Oct 2026 | Weekend | 54.142 | 54.155 | +2.4 bps | Yes |
| 21 Oct 2026 | Daily break | 57.938 | 57.928 | -1.7 bps | No |
| 20 Oct 2026 | Daily break | 57.965 | 58.07 | +18.1 bps | Yes |
| 19 Oct 2026 | Daily break | 57.12 | 57.104 | -2.8 bps | Yes |
| 18 Oct 2026 | Weekend not rated | 56.671 | 56.976 | +53.8 bps | No |
| 15 Oct 2026 | Daily break | 57.416 | 57.467 | +8.9 bps | Yes |
| 14 Oct 2026 | Daily break | 55.654 | 55.598 | -10.1 bps | Yes |
| 13 Oct 2026 | Daily break | 59.236 | 59.169 | -11.3 bps | No |
| 12 Oct 2026 | Daily break | 60.311 | 60.306 | -0.8 bps | Yes |
| 11 Oct 2026 | Weekend | 61.048 | 60.851 | -32.3 bps | No |
| 8 Oct 2026 | Daily break | 59.223 | 59.268 | +7.6 bps | Yes |
| 7 Oct 2026 | Daily break | 59.886 | 59.913 | +4.5 bps | Yes |
| 6 Oct 2026 | Daily break | 61.417 | 61.433 | +2.6 bps | Yes |
| 5 Oct 2026 | Daily break | 61.095 | 61.126 | +5.1 bps | Yes |
| 4 Oct 2026 | Weekend | 60.401 | 60.392 | -1.5 bps | Yes |
| 1 Oct 2026 | Daily break | 60.997 | 60.994 | -0.5 bps | Yes |
| 30 Sep 2026 | Daily break | 60.417 | 60.436 | +3.1 bps | No |
| 29 Sep 2026 | Daily break | 61.439 | 61.469 | +4.9 bps | No |
Download this reopen record (CSV) Open data, licensed CC BY 4.0: copy, adapt and publish it, commercially included, with credit — “AlgoTraderPro HIP-3 reopen record (2026), CC BY 4.0” — and a link to this page.
27 stories in 24h · mixed lean · 1 moved the price
36Kr reports silver suffered a sharp washout, with prices at multi-year lows.
Gold rose above $4,070 and silver gained about 1% after the Fed held rates.
XAG/USD slipped below $53.50 as traders weighed uncertainty over Fed policy.
BeInCrypto warns Bitcoin could crash like silver, citing signals; no new event.
India's CBIC withdrew an IGST import exemption for gold, silver and platinum by banks.
Silver fell to a 25% discount to its 200-day average; JPMorgan warned of oversupply.
Silver broke below July lows as the US dollar broke out higher.
Gold held near $4,000 as a Fed meeting began, while silver hit an 11-month low.
Silver fell toward $54 as higher oil prices weighed on the metal.
Silver held flat in the lead-up to a Federal Reserve policy decision.
Seeking Alpha piece says Pan American Silver is built for $58 silver, priced for $80.
CNBC TV18 explainer on three factors moving gold and silver prices.
Retail listing for gold, silver and rose gold eyeglass chains; no market event.
Investing.com reports gold's pullback and possible entry levels for miners and silver.
Gold fell below $4,000 and silver hit a near one-year low before the Fed meeting.
▲ bullish · ▼ bearish · ● unclear: our read of each headline for SILVER. Headlines belong to their outlets. Our notes describe the event, not a forecast.
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