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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0344%/8h= −37.7% APRnext payment $0.43 per $10,000 · paid last 24h −0.033%
Price spread now: Extended against Hibachi+0.251%47s7-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 · Extended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Extended is 0.251% dearer against Hibachi than usual: you sell high and buy low (spread +0.251% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.4 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XAG/USDT-P64.9820.0376pay 0.0047% / 1h17m 39s$20K$15K10x
ShortExtended XAG-USD65.1450.0032get 0.0004% / 1h17m 39s$5.0M$12.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$72.24
Price spread: +0.251% → 0.000%
$25.14
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$61.1
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Hibachi: no order-book sample; Extended: live order book, 1 min ago. 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 Extended live order book, 1 min ago0.08 bp2.6 bp −$33.5 bp −$358.6 bp −$860doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XAG-USD0.0000%1h65.154+0.265%$12K$6K5xas long as short
SunX XAG-USDT0.0000%4h65.140+0.243%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.220+0.367%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.190+0.320%$1.5M$346K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.064+0.126%$118K250xas long as short
Gate XAG_USDT+0.0022%4h65.240+0.397%$138.2M$189.0M100xas long as short
Lighter RH XAG+0.0032%1h65.207+0.346%$4.6M$9.9M25xas long as short
Extended XAG-USDshort+0.0032%1h65.145+0.251%$5.0M$12.1M10x
Injective XAG/USDC PERP+0.0033%1h64.602−0.585%$11K$24052xas long as short
StandX XAG-USD+0.0040%1h65.020+0.059%$782K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h65.536+0.853%25xas long as short
QFEX SILVER-USD+0.0047%1h65.210+0.351%$446K$1.5M20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.107+0.193%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.088+0.163%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h65.130+0.228%$5.6M$10.1M25xas long as short
Variational Omni XAG+0.0065%4h65.026+0.067%$5.4M$9.2Mas long as short
Paradex XAG-USD-PERP+0.0077%8h65.207+0.346%$29K$1665xas long as short
Coinbase International SILVER-PERP-INTX+0.0080%1h65.090+0.166%$1.6M$1.5M20xas long as short
Kalshi KXSILVERPERP+0.0087%24h65.183+0.310%$512K$35.3M8.1xas long as short
Pacifica XAG+0.0100%1h65.166+0.283%$463K$587K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.170+0.290%$25.1M$4.6M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h64.920−0.095%$111K$19K50xas long as short
edgeX XAGUSDC+0.0103%4h65.057+0.116%$663K$315K30xas long as short
MEXC SILVER_USDT+0.0104%4h65.200+0.336%$112.4M$160.8M1000xas long as short
Aevo XAG-PERP+0.0104%1h65.159+0.272%$47K10xas long as short
Binance XAGUSDT+0.0108%4h65.220+0.367%$198.9M$793.8M100xas long as short
Phoenix SILVER+0.0111%1h64.979−0.004%$55K$31K25xas long as short
Aster XAGUSDT+0.0126%4h65.256+0.421%$2.7M$1.1M100xas long as short
Hotstuff SILVER-PERP+0.0128%1h65.171+0.291%$35K$21K20xas long as short
tradeXYZ xyz:SILVER+0.0136%1h65.169+0.288%$173.8M$89.1M25xas long as short
RISEx XAG/USDC+0.0158%1h65.240+0.397%$1.2M$4.9M20xas long as short
Nado XAG-PERP+0.0166%1h65.102+0.185%$1.2M$4.2M10xas long as short
OKX XAG-USDT-SWAP+0.0212%8h65.220+0.367%$29.1M$76.6M50xas long as short
Aftermath Perps XAGUSD+0.0215%1h64.895−0.133%$78K$37K10xas long as short
Bitget XAGUSDT+0.0224%4h65.230+0.382%$23.0M$48.1M100xas long as short
Lighter XAG+0.0232%1h65.192+0.323%$5.2M$11.3M25xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.145+0.251%$92K111xas long as short
Bullet SILVER-USD+0.0311%1h65.144+0.250%$45K$75K10xas long as short
BloFin XAG-USDT+0.0345%4h65.070+0.136%$2.8M$698K100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0365%1h65.130+0.228%$77K$435K20xas long as short
Hibachi XAG/USDT-Plong+0.0376%1h64.982long leg$20K$15K10x
Bybit XAGUSDT+0.0382%4h65.230+0.382%$30.4M$43.8M150xas long as short
GRVT XAG_USDT_Perp+0.0406%4h65.100+0.182%$388K$1.6M25xas long as short
Kraken Futures PF_XAGUSD+0.0418%1h65.139+0.242%$1.0M$895K25xas long as short