Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.045%
Price spread now: Hibachi against Aevo−0.114%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.114% cheaper against Aevo than usual: you would sell low and buy high (spread −0.114% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 5.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAG-PERP66.4380.0168pay 0.0021% / 1h18m 19s$48K10x
ShortHibachi XAG/USDT-P66.3630.0232get 0.0029% / 1h18m 19s$20K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$13.44
Price spread: −0.114% → 0.000%
−$11.35
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$22.91
Costs to cover
0.250%
Break-even
18.9 days
Slippage unknown: Aevo: no order-book sample; Hibachi: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Hibachi no order-book sample
Aevo and Hibachi: 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 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XAG-USD0.0000%1h66.363−0.113%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.460+0.033%$152.7M$164.1M100xas long as short
SunX XAG-USDT0.0000%4h66.420−0.027%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.450+0.018%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.450+0.018%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.388−0.075%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.425−0.019%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.368−0.106%$5.4M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.057%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.430−0.012%$799K$2.9M40xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.873+0.655%25xas long as short
Phoenix SILVER+0.0048%1h66.352−0.129%$56K$26K25xas long as short
Ondo Perps XAG-USD.P+0.0049%1h66.320−0.178%$5.7M$9.5M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.417−0.032%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.372−0.099%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.400−0.057%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0061%24h66.385−0.080%$555K$23.5M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.430−0.012%$1.3M$4.4M20xas long as short
tradeXYZ xyz:SILVER+0.0099%1h66.418−0.030%$165.8M$75.8M25xas long as short
Pacifica XAG+0.0100%1h66.376−0.093%$472K$606K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.410−0.042%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.360−0.117%$126K$23K50xas long as short
Hotstuff SILVER-PERP+0.0120%1h66.388−0.075%$35K$21K20xas long as short
Bybit XAGUSDT+0.0125%4h66.470+0.048%$26.6M$36.4M150xas long as short
Aster XAGUSDT+0.0131%4h66.419−0.028%$2.8M$939K100xas long as short
Paradex XAG-USD-PERP+0.0134%8h66.434−0.006%$30K$1K5xas long as short
Variational Omni XAG+0.0159%4h66.443+0.007%$5.5M$9.8Mas long as short
Aevo XAG-PERPlong+0.0168%1h66.438long leg$48K10x
MEXC SILVER_USDT+0.0174%4h66.440+0.003%$102.8M$158.5M1000xas long as short
Binance XAGUSDT+0.0176%4h66.460+0.033%$192.6M$706.9M100xas long as short
edgeX XAGUSDC+0.0180%4h66.431−0.010%$674K$314K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.410−0.042%$1.9M$971K20xas long as short
Lighter XAG+0.0192%1h66.435−0.005%$5.3M$10.6M25xas long as short
OKX XAG-USDT-SWAP+0.0207%8h66.460+0.033%$28.0M$65.9M50xas long as short
Nado XAG-PERP+0.0223%1h66.385−0.080%$1.3M$6.5M10xas long as short
Aftermath Perps XAGUSD+0.0228%1h66.392−0.069%$80K$38K10xas long as short
Hibachi XAG/USDT-Pshort+0.0232%1h66.363−0.114%$20K$22K10x
Bitget XAGUSDT+0.0246%4h66.450+0.018%$23.9M$46.0M100xas long as short
GRVT XAG_USDT_Perp+0.0264%4h66.440+0.003%$397K$1.5M25xas long as short
Bullet SILVER-USD+0.0287%1h66.462+0.036%$46K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0292% / S −0.0281%1h66.465+0.041%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.420−0.027%$50K$325K20xas long as short
Kraken Futures PF_XAGUSD+0.0462%1h66.395−0.065%$766K$478K25xas long as short