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
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 0.061% 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XAGUSDT | 66.450 | 0 | get 0.0000% / 4h | 39m 45s | $25.9M | $33.7M | 150x |
| Short | Hibachi XAG/USDT-P | 66.409 | 0.0304 | get 0.0038% / 1h | 39m 45s | $20K | $22K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 0.75 bp | 6.4 bp −$6 | 9.8 bp −$98 | 16.3 bp −$1,626 | 66.3 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.370 | −0.121% | $15K | — | 5x | as long as short |
| Bybit XAGUSDTlong | 0.0000% | 4h | 66.450 | long leg | $25.9M | $33.7M | 150x | |
| Gate XAG_USDT | 0.0000% | 4h | 66.430 | −0.030% | $147.1M | $170.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.470 | +0.030% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.500 | +0.075% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.470 | +0.030% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.372 | −0.117% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.422 | −0.042% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.369 | −0.122% | $5.5M | $12.3M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.075% | $11K | $94K | 52x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 66.418 | −0.048% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.410 | −0.060% | $795K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.898 | +0.674% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.426 | −0.036% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.374 | −0.114% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.360 | −0.135% | $5.7M | $10.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.413 | −0.056% | $589K | $21.2M | 8.1x | as long as short |
| QFEX SILVER-USD | +0.0061% | 1h | 66.460 | +0.015% | $124K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0070% | 1h | 66.401 | −0.074% | $165.5M | $86.8M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0080% | 1h | 66.435 | −0.023% | $35K | $21K | 20x | as long as short |
| BloFin XAG-USDT | +0.0082% | 4h | 66.460 | +0.015% | $2.6M | $650K | 100x | as long as short |
| Variational Omni XAG | +0.0090% | 4h | 66.457 | +0.010% | $5.6M | $10.1M | — | as long as short |
| Aster XAGUSDT | +0.0093% | 4h | 66.445 | −0.007% | $2.8M | $1.1M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.414 | −0.054% | $475K | $625K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.410 | −0.060% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.370 | −0.120% | $126K | $26K | 50x | as long as short |
| MEXC SILVER_USDT | +0.0102% | 4h | 66.430 | −0.030% | $114.4M | $152.9M | 1000x | as long as short |
| Paradex XAG-USD-PERP | +0.0102% | 8h | 66.451 | +0.001% | $30K | $1K | 5x | as long as short |
| Binance XAGUSDT | +0.0104% | 4h | 66.437 | −0.019% | $191.8M | $721.9M | 100x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.441 | −0.014% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0110% | 4h | 66.443 | −0.011% | $674K | $316K | 30x | as long as short |
| Lighter XAG | +0.0112% | 1h | 66.420 | −0.046% | $5.2M | $10.3M | 25x | as long as short |
| Bitget XAGUSDT | +0.0122% | 4h | 66.440 | −0.015% | $24.2M | $47.9M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0149% | 1h | 66.433 | −0.025% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0156% | 4h | 66.486 | +0.053% | $399K | $1.4M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0160% | 1h | 66.420 | −0.045% | $1.9M | $848K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0188% | 8h | 66.440 | −0.015% | $27.6M | $66.1M | 50x | as long as short |
| RISEx XAG/USDC | +0.0208% | 1h | 66.473 | +0.035% | $1.3M | $4.2M | 20x | as long as short |
| Bullet SILVER-USD | +0.0245% | 1h | 66.448 | −0.003% | $46K | $75K | 10x | as long as short |
| Nado XAG-PERP | +0.0250% | 1h | 66.403 | −0.070% | $1.3M | $6.6M | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0258% / S −0.0231% | 1h | 66.445 | −0.008% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-Pshort | +0.0304% | 1h | 66.409 | −0.061% | $20K | $22K | 10x | |
| Deribit SILVER_USDC-PERPETUAL | +0.0503% | 1h | 66.430 | −0.030% | $50K | $360K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0596% | 1h | 66.420 | −0.045% | $768K | $566K | 25x | as long as short |
Bybit 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
Phoenix SILVER
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
BloFin XAG-USDT
Variational Omni XAG
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
MEXC SILVER_USDT
Paradex XAG-USD-PERP
Binance XAGUSDT
edgeX XAGUSDC
Lighter XAG
Bitget XAGUSDT
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
RISEx XAG/USDC
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD