Funding you earn now, next payment 03:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.24 per $10,000 · paid last 24h +0.048%
Price spread now: Hibachi against ApeX Omni−0.081%65s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Hibachi is 0.081% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 33 hours of funding at the current rate (+$6 a day). The two prices were read 65 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 | ApeX Omni XAGUSDT | 66.120 | 0.0100 | pay 0.0013% / 1h | 2m 10s | $113K | $30K | 50x |
| Short | Hibachi XAG/USDT-P | 66.066 | 0.0296 | get 0.0037% / 1h | 2m 10s | $20K | $19K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against ApeX Omni. 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
- $41.16
- Price spread: −0.081% → 0.000%
- −$8.13
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $14.03
- Costs to cover
- 0.190%
- Break-even
- 4.6 days
Slippage unknown: ApeX Omni: live order book, 58 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 58 min ago | 10.56 bp | 18.6 bp −$19 | 53.7 bp −$537 | doesn't fit | doesn't fit |
| Sell Hibachi no order-book sample | — | — | — | — | — |
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 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 | 66.087 | −0.050% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.170 | +0.076% | $149.9M | $165.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.170 | +0.076% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.160 | +0.060% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.170 | +0.076% | $1.5M | $255K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.078 | −0.063% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.144 | +0.036% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.078 | −0.063% | $5.2M | $12.0M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.423% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.100 | −0.030% | $795K | $3.0M | 40x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | +0.0041% | 1h | 66.040 | −0.121% | $5.7M | $9.7M | 25x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.575 | +0.688% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.111 | −0.014% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.078 | −0.064% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.140 | +0.030% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0066% | 24h | 66.124 | +0.006% | $544K | $24.8M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.097 | −0.035% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0094% | 1h | 66.113 | −0.011% | $165.3M | $73.9M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.090 | −0.045% | $470K | $612K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.110 | −0.015% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDTlong | +0.0100% | 1h | 66.120 | long leg | $113K | $30K | 50x | |
| Hotstuff SILVER-PERP | +0.0112% | 1h | 66.108 | −0.018% | $35K | $21K | 20x | as long as short |
| Aster XAGUSDT | +0.0122% | 4h | 66.120 | 0.000% | $2.7M | $878K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0128% | 8h | 66.137 | +0.026% | $30K | $1K | 5x | as long as short |
| Bybit XAGUSDT | +0.0134% | 4h | 66.170 | +0.076% | $26.9M | $36.0M | 150x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.141 | +0.032% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0178% | 4h | 66.142 | +0.033% | $5.6M | $9.8M | — | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.149 | +0.044% | $1.3M | $4.4M | 20x | as long as short |
| Lighter XAG | +0.0184% | 1h | 66.154 | +0.052% | $5.2M | $10.6M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0188% | 4h | 66.160 | +0.060% | $107.7M | $154.3M | 1000x | as long as short |
| Binance XAGUSDT | +0.0191% | 4h | 66.160 | +0.060% | $192.2M | $704.7M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.180 | +0.091% | $1.8M | $1.0M | 20x | as long as short |
| edgeX XAGUSDC | +0.0198% | 4h | 66.162 | +0.064% | $671K | $315K | 30x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0204% | 1h | 66.120 | 0.000% | $63K | $337K | 20x | as long as short |
| BloFin XAG-USDT | +0.0207% | 4h | 66.160 | +0.060% | $2.6M | $551K | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0216% | 8h | 66.150 | +0.045% | $27.7M | $65.8M | 50x | as long as short |
| Nado XAG-PERP | +0.0224% | 1h | 66.084 | −0.054% | $1.3M | $6.5M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0230% | 1h | 66.129 | +0.013% | $80K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0238% | 4h | 66.150 | +0.045% | $23.8M | $45.6M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0254% | 4h | 66.140 | +0.030% | $396K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0272% | 1h | 66.156 | +0.054% | $45K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-Pshort | +0.0296% | 1h | 66.066 | −0.081% | $20K | $19K | 10x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0362% / S −0.0389% | 1h | 66.155 | +0.053% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0551% | 1h | 66.122 | +0.002% | $912K | $674K | 25x | as long as short |
ApeX Omni XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
Aster XAGUSDT
Paradex XAG-USD-PERP
Bybit XAGUSDT
Variational Omni XAG
RISEx XAG/USDC
Lighter XAG
MEXC SILVER_USDT
Binance XAGUSDT
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
Deribit SILVER_USDC-PERPETUAL
BloFin XAG-USDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD