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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0264%/8h= −28.9% APRpaid last 24h −0.071%
Price spread now: Kalshi against Hibachi+0.036%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
The price spread pays, funding is against you. Kalshi is 0.036% dearer against Hibachi than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XAG/USDT-P65.9120.0336pay 0.0042% / 1h39m 57s$20K$19K10x
ShortKalshi KXSILVERPERP65.9350.0072get 0.0217% / 24h9h 39m$539K$25.9M8.1x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi 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
−$55.34
Price spread: +0.036% → 0.000%
$3.56
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$70.78
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; Kalshi: live order book, 4 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 Kalshi live order book, 4 min ago0.46 bp6.6 bp −$77.3 bp −$7311.6 bp −$1,157doesn'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
Ondo Perps XAG-USD.P−0.0043%1h65.830−0.124%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.934+0.034%$14K5xas long as short
Gate XAG_USDT0.0000%4h65.990+0.119%$149.5M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h65.980+0.104%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.010+0.149%$1.0M$966K75xas long as short
Phemex XAGUSDT0.0000%4h65.980+0.104%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.911−0.001%$120K250xas long as short
Lighter RH XAG+0.0032%1h65.962+0.077%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.914+0.004%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.741%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.970+0.089%$793K$3.1M40xas long as short
Vest SI-PERP+0.0046%1h66.397+0.736%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.937+0.039%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.946+0.052%$3.9M$674K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.916+0.007%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0051%1h65.938+0.040%$165.9M$73.7M25xas long as short
QFEX SILVER-USD+0.0060%1h65.960+0.073%$114K$2.7M20xas long as short
Kalshi KXSILVERPERPshort+0.0072%24h65.935+0.036%$539K$25.9M8.1x
Phoenix SILVER+0.0073%1h65.889−0.034%$56K$26K25xas long as short
RISEx XAG/USDC+0.0080%1h65.975+0.097%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.914+0.003%$469K$614K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.940+0.043%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.920+0.013%$113K$30K50xas long as short
Lighter XAG+0.0112%1h65.970+0.089%$5.2M$10.6M25xas long as short
Paradex XAG-USD-PERP+0.0117%8h65.970+0.088%$30K$1K5xas long as short
Bybit XAGUSDT+0.0130%4h66.000+0.134%$27.4M$36.4M150xas long as short
Aster XAGUSDT+0.0138%4h65.970+0.089%$2.7M$871K100xas long as short
Nado XAG-PERP+0.0180%1h65.937+0.039%$1.4M$6.0M10xas long as short
Aevo XAG-PERP+0.0184%1h65.973+0.093%$47K10xas long as short
Variational Omni XAG+0.0188%4h65.963+0.079%$5.6M$9.4Mas long as short
MEXC SILVER_USDT+0.0202%4h65.970+0.089%$112.8M$152.1M1000xas long as short
Binance XAGUSDT+0.0202%4h65.980+0.104%$191.0M$702.6M100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h65.960+0.073%$75K$363K20xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.950+0.058%$1.8M$1.0M20xas long as short
Aftermath Perps XAGUSD+0.0215%1h65.939+0.041%$79K$36K10xas long as short
GRVT XAG_USDT_Perp+0.0218%4h66.022+0.167%$394K$1.5M25xas long as short
edgeX XAGUSDC+0.0219%4h65.962+0.076%$669K$310K30xas long as short
OKX XAG-USDT-SWAP+0.0233%8h65.980+0.104%$27.7M$64.8M50xas long as short
Bullet SILVER-USD+0.0236%1h65.990+0.119%$45K$76K10xas long as short
BloFin XAG-USDT+0.0238%4h65.960+0.073%$2.6M$556K100xas long as short
Bitget XAGUSDT+0.0242%4h65.970+0.089%$23.9M$45.3M100xas long as short
Hibachi XAG/USDT-Plong+0.0336%1h65.912long leg$20K$19K10x
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h65.985+0.111%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h65.940+0.043%$910K$683K25xas long as short