Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.107%
Price spread now: Hotstuff against Hibachi+0.054%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 · Hotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.054% dearer against Hibachi than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi XAG/USDT-P | 66.400 | 0.0288 | pay 0.0036% / 1h | 46m 13s | $20K | $22K | 10x |
| Short | Hotstuff SILVER-PERP | 66.436 | 0.0048 | get 0.0006% / 1h | 46m 13s | $35K | $21K | 20x |
Hibachi XAG/USDT-P
Hotstuff SILVER-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Hibachi. 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
- −$50.4
- Price spread: +0.054% → 0.000%
- $5.42
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$58.98
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; Hotstuff: 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 Hibachi no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hibachi and Hotstuff: 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 | 66.428 | +0.043% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.490 | +0.136% | $25.8M | $33.3M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.470 | +0.105% | $147.4M | $169.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.480 | +0.120% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.480 | +0.120% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.480 | +0.120% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.410 | +0.015% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.450 | +0.076% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.409 | +0.013% | $5.5M | $12.3M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | 0.000% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
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 PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 66.397 | −0.005% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.400 | 0.000% | $795K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.912 | +0.771% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERPshort | +0.0048% | 1h | 66.436 | +0.054% | $35K | $21K | 20x | |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.446 | +0.069% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.408 | +0.012% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.350 | −0.075% | $5.7M | $10.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.415 | +0.023% | $592K | $21.3M | 8.1x | as long as short |
| QFEX SILVER-USD | +0.0061% | 1h | 66.470 | +0.105% | $124K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0069% | 1h | 66.439 | +0.059% | $165.6M | $87.5M | 25x | as long as short |
| Variational Omni XAG | +0.0086% | 4h | 66.457 | +0.085% | $5.6M | $10.3M | — | as long as short |
| Aster XAGUSDT | +0.0088% | 4h | 66.470 | +0.105% | $2.8M | $1.1M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0098% | 4h | 66.460 | +0.090% | $114.2M | $152.8M | 1000x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.405 | +0.007% | $475K | $625K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.430 | +0.045% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.400 | 0.000% | $126K | $26K | 50x | as long as short |
| Binance XAGUSDT | +0.0100% | 4h | 66.475 | +0.112% | $191.7M | $723.4M | 100x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.463 | +0.095% | $48K | — | 10x | as long as short |
| Paradex XAG-USD-PERP | +0.0105% | 8h | 66.455 | +0.082% | $30K | $1K | 5x | as long as short |
| edgeX XAGUSDC | +0.0110% | 4h | 66.444 | +0.067% | $674K | $315K | 30x | as long as short |
| BloFin XAG-USDT | +0.0111% | 4h | 66.450 | +0.075% | $2.6M | $650K | 100x | as long as short |
| Lighter XAG | +0.0112% | 1h | 66.454 | +0.081% | $5.2M | $10.3M | 25x | as long as short |
| Bitget XAGUSDT | +0.0114% | 4h | 66.480 | +0.120% | $24.2M | $48.0M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0147% | 1h | 66.421 | +0.032% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0152% | 4h | 66.460 | +0.090% | $395K | $1.4M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0160% | 1h | 66.460 | +0.090% | $1.9M | $860K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0188% | 8h | 66.470 | +0.105% | $27.6M | $66.3M | 50x | as long as short |
| RISEx XAG/USDC | +0.0208% | 1h | 66.471 | +0.107% | $1.3M | $4.2M | 20x | as long as short |
| Bullet SILVER-USD | +0.0245% | 1h | 66.486 | +0.130% | $45K | $76K | 10x | as long as short |
| Nado XAG-PERP | +0.0254% | 1h | 66.425 | +0.038% | $1.3M | $6.5M | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0258% / S −0.0231% | 1h | 66.475 | +0.113% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-Plong | +0.0288% | 1h | 66.400 | long leg | $20K | $22K | 10x | |
| Deribit SILVER_USDC-PERPETUAL | +0.0352% | 1h | 66.450 | +0.075% | $51K | $360K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0596% | 1h | 66.436 | +0.054% | $768K | $569K | 25x | as long as short |
Phoenix SILVER
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
Kalshi KXSILVERPERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Variational Omni XAG
Aster XAGUSDT
MEXC SILVER_USDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Binance XAGUSDT
Aevo XAG-PERP
Paradex XAG-USD-PERP
edgeX XAGUSDC
BloFin XAG-USDT
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
Nado XAG-PERP
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD