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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h +0.031%
Price spread now: Hibachi against edgeX+0.021%66s7-day average · you sell dearer than you buy
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 airdropedgeX: Active · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hibachi is 0.021% dearer against edgeX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XAGUSDC66.0860.0172pay 0.0086% / 4h2h 47m$671K$311K30x
ShortHibachi XAG/USDT-P66.1000.0328get 0.0041% / 1h47m 49s$20K$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against edgeX. 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
$32.78
Price spread: +0.021% → 0.000%
$2.15
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$16.93
Costs to cover
0.180%
Break-even
3.4 days
Slippage unknown: edgeX: live order book, 66 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 edgeX live order book, 66 min ago2.27 bp6.8 bp −$76.8 bp −$689.2 bp −$92021.1 bp −$10.6K
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−0.0027%1h66.030−0.084%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h66.104+0.028%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.150+0.097%$3K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.170+0.127%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.150+0.097%$1.5M$257K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.090+0.006%$121K250xas long as short
RISEx XAG/USDC+0.0030%1h66.144+0.088%$1.3M$4.8M20xas long as short
Lighter RH XAG+0.0032%1h66.126+0.061%$4.8M$9.3M25xas long as short
Extended XAG-USD+0.0032%1h66.088+0.003%$5.2M$11.4M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.475%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.018−0.103%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.150+0.097%$796K$3.0M40xas long as short
Gate XAG_USDT+0.0044%4h66.160+0.112%$149.9M$154.0M100xas long as short
Vest SI-PERP+0.0046%1h66.571+0.734%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.111+0.038%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.092+0.009%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h66.130+0.067%$114K$2.7M20xas long as short
Paradex XAG-USD-PERP+0.0054%8h66.125+0.060%$30K$1K5xas long as short
tradeXYZ xyz:SILVER+0.0072%1h66.099+0.020%$166.6M$73.8M25xas long as short
Kalshi KXSILVERPERP+0.0075%24h66.109+0.035%$519K$26.7M8.1xas long as short
Bybit XAGUSDT+0.0077%4h66.150+0.097%$27.8M$36.2M150xas long as short
Pacifica XAG+0.0100%1h66.079−0.010%$471K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.100+0.021%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.100+0.021%$113K$30K50xas long as short
Aster XAGUSDT+0.0108%4h66.138+0.078%$2.7M$873K100xas long as short
Lighter XAG+0.0136%1h66.130+0.066%$5.2M$10.6M25xas long as short
BloFin XAG-USDT+0.0146%4h66.130+0.067%$2.6M$571K100xas long as short
Variational Omni XAG+0.0151%4h66.143+0.087%$5.7M$9.5Mas long as short
Aevo XAG-PERP+0.0152%1h66.148+0.094%$47K10xas long as short
MEXC SILVER_USDT+0.0160%4h66.140+0.082%$116.4M$151.8M1000xas long as short
Binance XAGUSDT+0.0161%4h66.140+0.082%$191.3M$701.9M100xas long as short
Nado XAG-PERP+0.0164%1h66.103+0.026%$1.4M$5.6M10xas long as short
edgeX XAGUSDClong+0.0172%4h66.086long leg$671K$311K30x
Coinbase International SILVER-PERP-INTX+0.0176%1h65.980−0.160%$1.8M$1.0M20xas long as short
Aftermath Perps XAGUSD+0.0196%1h66.090+0.006%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0204%1h66.130+0.067%$74K$364K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h66.160+0.112%$395K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0221%8h66.140+0.082%$27.8M$64.6M50xas long as short
Bitget XAGUSDT+0.0222%4h66.130+0.067%$24.0M$44.9M100xas long as short
Bullet SILVER-USD+0.0230%1h66.151+0.099%$44K$76K10xas long as short
Hotstuff SILVER-PERP+0.0320%1h66.129+0.065%$35K$21K20xas long as short
Hibachi XAG/USDT-Pshort+0.0328%1h66.100+0.021%$20K$19K10x
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0443%1h66.155+0.105%$106K111xas long as short
Kraken Futures PF_XAGUSD+0.0466%1h66.120+0.052%$909K$688K25xas long as short