XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.002%

Price spread now: Deribit against Hibachi+0.099%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hibachi Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHibachi: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.099% dearer against Hibachi than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi XAG/USDT-P	66.384	0.0304	pay 0.0038% / 1h	41m 46s	$20K	$22K	10x
Short	Deribit SILVER_USDC-PERPETUAL	66.450	0.0352	get 0.0044% / 1h	41m 46s	$51K	$360K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Hibachi. 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

Position, each leg$Hold fordaysFee HibachibpFee DeribitbpOrdersPrice spread, now +0.099%Rate

Funding earned: $10.15
Price spread: +0.099% → 0.000%: $9.95
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $4.09
Costs to cover: 0.160%
Break-even: 4.2 days

Slippage unknown: Hibachi: no order-book sample; Deribit: live order book, 37 min ago. 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 Hibachi no order-book sample	—	—	—	—	—
Sell Deribit live order book, 37 min ago	0.75 bp	4.3 bp −$4	5.2 bp −$52	doesn't fit	doesn't fit

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	−0.022%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.480	+0.145%	$25.7M	$33.5M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.450	+0.099%	$147.3M	$170.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.470	+0.130%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.500	+0.175%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.470	+0.130%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.398	+0.021%	$120K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0008%	1h	66.444	+0.090%	$35K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.446	+0.093%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.388	+0.006%	$5.5M	$12.3M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.024%	$11K	$94K	52x	as long as short
Phoenix SILVER	+0.0036%	1h	66.371	−0.020%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.400	+0.024%	$795K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.910	+0.792%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.444	+0.090%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.388	+0.006%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.380	−0.006%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.433	+0.074%	$590K	$21.2M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.470	+0.130%	$124K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0069%	1h	66.419	+0.053%	$165.5M	$87.6M	25x	as long as short
Variational Omni XAG	+0.0088%	4h	66.467	+0.125%	$5.6M	$10.3M	—	as long as short
Aster XAGUSDT	+0.0092%	4h	66.458	+0.112%	$2.8M	$1.1M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.399	+0.023%	$475K	$625K	10x	as long as short
MEXC SILVER_USDT	+0.0100%	4h	66.440	+0.084%	$114.3M	$152.9M	1000x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.420	+0.054%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.370	−0.021%	$126K	$26K	50x	as long as short
BloFin XAG-USDT	+0.0101%	4h	66.470	+0.130%	$2.6M	$650K	100x	as long as short
Binance XAGUSDT	+0.0102%	4h	66.460	+0.115%	$191.9M	$721.9M	100x	as long as short
Paradex XAG-USD-PERP	+0.0103%	8h	66.463	+0.119%	$30K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.457	+0.110%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0110%	4h	66.443	+0.089%	$674K	$316K	30x	as long as short
Lighter XAG	+0.0112%	1h	66.439	+0.084%	$5.2M	$10.3M	25x	as long as short
Bitget XAGUSDT	+0.0120%	4h	66.460	+0.115%	$24.2M	$47.9M	100x	as long as short
Aftermath Perps XAGUSD	+0.0146%	1h	66.419	+0.053%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0154%	4h	66.424	+0.060%	$395K	$1.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.460	+0.115%	$1.9M	$848K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0188%	8h	66.460	+0.115%	$27.6M	$66.2M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.479	+0.143%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0244%	1h	66.477	+0.141%	$46K	$75K	10x	as long as short
Nado XAG-PERP	+0.0252%	1h	66.419	+0.053%	$1.3M	$6.5M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0258% / S −0.0231%	1h	66.465	+0.122%	$103K	—	111x	as long as short
Hibachi XAG/USDT-Plong	+0.0304%	1h	66.384	long leg	$20K	$22K	10x
Deribit SILVER_USDC-PERPETUALshort	+0.0352%	1h	66.450	+0.099%	$51K	$360K	20x
Kraken Futures PF_XAGUSD	+0.0596%	1h	66.442	+0.088%	$768K	$566K	25x	as long as short