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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0304%/8h= +33.3% APRpaid last 24h +0.069%
Price spread now: Hibachi against Bybit−0.061%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 0.061% cheaper against Bybit than usual: you would sell low and buy high (spread −0.061% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 16 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XAGUSDT66.4500get 0.0000% / 4h39m 45s$25.9M$33.7M150x
ShortHibachi XAG/USDT-P66.4090.0304get 0.0038% / 1h39m 45s$20K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Bybit. 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
$63.84
Price spread: −0.061% → 0.000%
−$6.12
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$37.72
Costs to cover
0.200%
Break-even
2.9 days
Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago0.75 bp6.4 bp −$69.8 bp −$9816.3 bp −$1,62666.3 bp −$33.2K
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
dYdX XAG-USD0.0000%1h66.370−0.121%$15K5xas long as short
Bybit XAGUSDTlong0.0000%4h66.450long leg$25.9M$33.7M150x
Gate XAG_USDT0.0000%4h66.430−0.030%$147.1M$170.2M100xas long as short
SunX XAG-USDT0.0000%4h66.470+0.030%$2K$3.1M20xas long as short
HTX XAG-USDT0.0000%4h66.500+0.075%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.470+0.030%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.372−0.117%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.422−0.042%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.369−0.122%$5.5M$12.3M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.075%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.418−0.048%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.410−0.060%$795K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.898+0.674%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.426−0.036%$3.9M$699K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.374−0.114%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.360−0.135%$5.7M$10.0M25xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.413−0.056%$589K$21.2M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.460+0.015%$124K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0070%1h66.401−0.074%$165.5M$86.8M25xas long as short
Hotstuff SILVER-PERP+0.0080%1h66.435−0.023%$35K$21K20xas long as short
BloFin XAG-USDT+0.0082%4h66.460+0.015%$2.6M$650K100xas long as short
Variational Omni XAG+0.0090%4h66.457+0.010%$5.6M$10.1Mas long as short
Aster XAGUSDT+0.0093%4h66.445−0.007%$2.8M$1.1M100xas long as short
Pacifica XAG+0.0100%1h66.414−0.054%$475K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.410−0.060%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.370−0.120%$126K$26K50xas long as short
MEXC SILVER_USDT+0.0102%4h66.430−0.030%$114.4M$152.9M1000xas long as short
Paradex XAG-USD-PERP+0.0102%8h66.451+0.001%$30K$1K5xas long as short
Binance XAGUSDT+0.0104%4h66.437−0.019%$191.8M$721.9M100xas long as short
Aevo XAG-PERP+0.0104%1h66.441−0.014%$48K10xas long as short
edgeX XAGUSDC+0.0110%4h66.443−0.011%$674K$316K30xas long as short
Lighter XAG+0.0112%1h66.420−0.046%$5.2M$10.3M25xas long as short
Bitget XAGUSDT+0.0122%4h66.440−0.015%$24.2M$47.9M100xas long as short
Aftermath Perps XAGUSD+0.0149%1h66.433−0.025%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0156%4h66.486+0.053%$399K$1.4M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0160%1h66.420−0.045%$1.9M$848K20xas long as short
OKX XAG-USDT-SWAP+0.0188%8h66.440−0.015%$27.6M$66.1M50xas long as short
RISEx XAG/USDC+0.0208%1h66.473+0.035%$1.3M$4.2M20xas long as short
Bullet SILVER-USD+0.0245%1h66.448−0.003%$46K$75K10xas long as short
Nado XAG-PERP+0.0250%1h66.403−0.070%$1.3M$6.6M10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0258% / S −0.0231%1h66.445−0.008%$103K111xas long as short
Hibachi XAG/USDT-Pshort+0.0304%1h66.409−0.061%$20K$22K10x
Deribit SILVER_USDC-PERPETUAL+0.0503%1h66.430−0.030%$50K$360K20xas long as short
Kraken Futures PF_XAGUSD+0.0596%1h66.420−0.045%$768K$566K25xas long as short