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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h +0.021%
Price spread now: Hibachi against Binance−0.086%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 0.086% cheaper against Binance than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.3 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XAGUSDT65.3440.0041pay 0.0020% / 4h49m 28s$191.7M$761.6M100x
ShortHibachi XAG/USDT-P65.2870.0168get 0.0021% / 1h49m 28s$20K$17K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Binance. 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
$26.67
Price spread: −0.086% → 0.000%
−$8.63
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$0.96
Costs to cover
0.190%
Break-even
7.3 days
Slippage unknown: Binance: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago0.76 bp5.8 bp −$65.8 bp −$588.1 bp −$81519.9 bp −$9,936
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0057%1h65.190−0.235%$5.6M$9.6M25xas long as short
dYdX XAG-USD0.0000%1h65.287−0.086%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.350+0.010%$27.8M$39.6M150xas long as short
SunX XAG-USDT0.0000%4h65.320−0.036%$2K$2.5M20xas long as short
HTX XAG-USDT0.0000%4h65.360+0.025%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.360+0.025%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.289−0.083%$118K250xas long as short
Variational Omni XAG+0.0016%4h65.312−0.048%$5.5M$9.1Mas long as short
Aster XAGUSDT+0.0030%4h65.320−0.036%$2.7M$951K100xas long as short
Lighter RH XAG+0.0032%1h65.314−0.045%$4.6M$9.7M25xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.275−0.105%$5.1M$11.6M10xas long as short
Gate XAG_USDT+0.0032%4h65.310−0.052%$141.1M$176.8M100xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.616%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0040%4h65.330−0.021%$117.4M$157.0M1000xas long as short
StandX XAG-USD+0.0040%1h65.310−0.052%$786K$2.9M40xas long as short
Binance XAGUSDTlong+0.0041%4h65.344long leg$191.7M$761.6M100x
QFEX SILVER-USD+0.0044%1h65.300−0.067%$152K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.756+0.631%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.290−0.082%$3.8M$856K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.281−0.096%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.342−0.003%$29K$1K5xas long as short
Aevo XAG-PERP+0.0056%1h65.322−0.034%$47K10xas long as short
edgeX XAGUSDC+0.0057%4h65.317−0.041%$665K$313K30xas long as short
Phoenix SILVER+0.0061%1h65.281−0.096%$56K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0076%1h65.312−0.049%$169.7M$81.6M25xas long as short
Kalshi KXSILVERPERP+0.0079%24h65.293−0.078%$477K$31.8M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.360+0.025%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.289−0.084%$469K$612K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.290−0.082%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.260−0.128%$112K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.321−0.035%$1.2M$4.9M20xas long as short
GRVT XAG_USDT_Perp+0.0134%4h65.317−0.041%$384K$1.6M25xas long as short
Lighter XAG+0.0160%1h65.343−0.001%$5.3M$11.1M25xas long as short
Bitget XAGUSDT+0.0166%4h65.350+0.010%$23.7M$45.4M100xas long as short
BloFin XAG-USDT+0.0166%4h65.330−0.021%$2.7M$582K100xas long as short
Nado XAG-PERP+0.0166%1h65.272−0.110%$1.2M$4.8M10xas long as short
Hibachi XAG/USDT-Pshort+0.0168%1h65.287−0.086%$20K$17K10x
OKX XAG-USDT-SWAP+0.0176%8h65.340−0.006%$28.1M$70.6M50xas long as short
Hotstuff SILVER-PERP+0.0192%1h65.332−0.018%$35K$21K20xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.320−0.036%$65K$387K20xas long as short
Aftermath Perps XAGUSD+0.0211%1h65.320−0.036%$78K$37K10xas long as short
Bullet SILVER-USD+0.0225%1h65.326−0.027%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.325−0.029%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0363%1h65.294−0.076%$1.0M$872K25xas long as short