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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.007%
Price spread now: Hibachi against Bullet−0.065%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 3 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 0.065% cheaper against Bullet than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3.2 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SILVER-USD66.0630.0229pay 0.0029% / 1h15m 08s$44K$75K10x
ShortHibachi XAG/USDT-P66.0200.0296get 0.0037% / 1h15m 08s$20K$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Bullet. 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
$13.99
Price spread: −0.065% → 0.000%
−$6.45
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$9.46
Costs to cover
0.170%
Break-even
11.7 days
Slippage unknown: Bullet: 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 Bullet no order-book sample
Sell Hibachi no order-book sample
Bullet 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 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−0.0058%1h65.950−0.170%$5.7M$9.2M25xas long as short
dYdX XAG-USD0.0000%1h65.989−0.112%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.080+0.026%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.080+0.026%$1.0M$949K75xas long as short
Phemex XAGUSDT0.0000%4h66.070+0.011%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.994−0.104%$120K250xas long as short
Hotstuff SILVER-PERP+0.0024%1h66.024−0.058%$35K$21K20xas long as short
Gate XAG_USDT+0.0024%4h66.070+0.011%$149.8M$164.2M100xas long as short
Lighter RH XAG+0.0032%1h66.047−0.024%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.995−0.103%$5.2M$11.5M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400+0.511%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.060−0.004%$795K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.479+0.630%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.025−0.057%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.994−0.104%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0053%1h66.023−0.060%$166.3M$74.0M25xas long as short
Paradex XAG-USD-PERP+0.0056%8h66.042−0.031%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.050−0.019%$114K$2.7M20xas long as short
Phoenix SILVER+0.0073%1h66.008−0.083%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0073%24h66.011−0.078%$557K$26.4M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.066+0.004%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.998−0.098%$470K$605K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.020−0.065%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.010−0.080%$113K$30K50xas long as short
Lighter XAG+0.0112%1h66.049−0.020%$5.2M$10.9M25xas long as short
Aster XAGUSDT+0.0121%4h66.059−0.005%$2.7M$866K100xas long as short
Bybit XAGUSDT+0.0122%4h66.080+0.026%$27.8M$36.5M150xas long as short
Variational Omni XAG+0.0165%4h66.053−0.014%$5.6M$9.5Mas long as short
BloFin XAG-USDT+0.0165%4h66.060−0.004%$2.6M$563K100xas long as short
Aevo XAG-PERP+0.0168%1h66.053−0.015%$47K10xas long as short
Nado XAG-PERP+0.0174%1h66.012−0.077%$1.4M$5.8M10xas long as short
MEXC SILVER_USDT+0.0176%4h66.060−0.004%$115.0M$152.7M1000xas long as short
Binance XAGUSDT+0.0177%4h66.064+0.003%$191.6M$702.1M100xas long as short
GRVT XAG_USDT_Perp+0.0178%4h66.079+0.026%$395K$1.5M25xas long as short
edgeX XAGUSDC+0.0186%4h66.058−0.007%$670K$312K30xas long as short
Aftermath Perps XAGUSD+0.0189%1h66.046−0.025%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h66.030−0.049%$75K$363K20xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h66.030−0.049%$1.8M$1.0M20xas long as short
OKX XAG-USDT-SWAP+0.0225%8h66.060−0.004%$27.7M$64.5M50xas long as short
Bitget XAGUSDT+0.0226%4h66.060−0.004%$23.9M$45.2M100xas long as short
Bullet SILVER-USDlong+0.0229%1h66.063long leg$44K$75K10x
Hibachi XAG/USDT-Pshort+0.0296%1h66.020−0.065%$20K$19K10x
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h66.065+0.004%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h66.029−0.051%$911K$683K25xas long as short