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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h −0.062%
Price spread now: dYdX against Hibachi+0.047%7-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 airdropHibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and dYdX is 0.047% dearer against Hibachi than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XAG/USDT-P65.440−0.0112get 0.0014% / 1h52m 19s$20K$19K10x
ShortdYdX XAG-USD65.4710get 0.0000% / 1h52m 19s$12K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
$23.52
Price spread: +0.047% → 0.000%
$4.69
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee dYdX: 5 bp × 2 orders
−$10
Net
$9.21
Costs to cover
0.190%
Break-even
4.3 days
Slippage unknown: Hibachi: no order-book sample; dYdX: 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 Hibachi no order-book sample
Sell dYdX no order-book sample
Hibachi and dYdX: 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
Hibachi XAG/USDT-Plong−0.0112%1h65.440long leg$20K$19K10x
Hotstuff SILVER-PERP−0.0104%1h65.474+0.052%$35K$21K20xas long as short
Ondo Perps XAG-USD.P−0.0042%1h65.370−0.107%$5.6M$9.7M25xas long as short
dYdX XAG-USDshort0.0000%1h65.471+0.047%$12K$5K5x
SunX XAG-USDT0.0000%4h65.490+0.076%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.510+0.107%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.500+0.092%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.431−0.014%$118K250xas long as short
Gate XAG_USDT+0.0028%4h65.500+0.092%$143.8M$177.1M100xas long as short
Lighter RH XAG+0.0032%1h65.474+0.052%$4.7M$9.5M25xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.435−0.007%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.467%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h65.480+0.061%$788K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.918+0.730%25xas long as short
QFEX SILVER-USD+0.0050%1h65.490+0.076%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.453+0.020%$170.6M$83.0M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.448+0.012%$3.9M$712K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.435−0.008%$3K$6K20xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0056%1h65.460+0.031%$66K$370K20xas long as short
Bybit XAGUSDT+0.0056%4h65.490+0.076%$28.7M$39.3M150xas long as short
Aster XAGUSDT+0.0057%4h65.490+0.076%$2.7M$955K100xas long as short
Paradex XAG-USD-PERP+0.0060%8h65.479+0.059%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.487+0.071%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.561+0.185%$56K$31K25xas long as short
Kalshi KXSILVERPERP+0.0077%24h65.450+0.015%$467K$29.2M8.1xas long as short
Lighter XAG+0.0096%1h65.481+0.063%$5.4M$11.2M25xas long as short
Variational Omni XAG+0.0096%4h65.634+0.296%$5.5M$9.4Mas long as short
Binance XAGUSDT+0.0098%4h65.480+0.061%$188.4M$750.4M100xas long as short
MEXC SILVER_USDT+0.0098%4h65.480+0.061%$113.5M$156.4M1000xas long as short
Pacifica XAG+0.0100%1h65.446+0.009%$468K$629K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.460+0.031%$24.6M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.610+0.260%$112K$19K50xas long as short
Aevo XAG-PERP+0.0104%1h65.473+0.050%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.430−0.015%$1.6M$1.3M20xas long as short
edgeX XAGUSDC+0.0120%4h65.615+0.268%$668K$312K30xas long as short
Nado XAG-PERP+0.0121%1h65.465+0.038%$1.2M$5.5M10xas long as short
GRVT XAG_USDT_Perp+0.0142%4h65.554+0.175%$395K$1.6M25xas long as short
Bullet SILVER-USD+0.0169%1h65.499+0.090%$44K$76K10xas long as short
Bitget XAGUSDT+0.0196%4h65.480+0.061%$23.8M$46.4M100xas long as short
OKX XAG-USDT-SWAP+0.0201%8h65.480+0.061%$27.7M$70.7M50xas long as short
Aftermath Perps XAGUSD+0.0212%1h65.515+0.114%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0321% / S −0.0301%1h65.475+0.054%$93K111xas long as short
BloFin XAG-USDT+0.0339%4h65.520+0.122%$2.6M$618K100xas long as short
Kraken Futures PF_XAGUSD+0.0492%1h65.447+0.011%$917K$740K25xas long as short