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−0.0184%/8h= −20.1% APRnext payment $0.23 per $10,000 · paid last 24h −0.029%
Price spread now: Lighter against Hibachi+0.056%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 · Lighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.056% dearer against Hibachi than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 24 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XAG/USDT-P66.0170.0304pay 0.0038% / 1h5m 48s$20K$19K10x
ShortLighter XAG66.0540.0120get 0.0015% / 1h5m 48s$5.2M$10.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$38.64
Price spread: +0.056% → 0.000%
$5.57
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$42.07
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; Lighter: live order book, 8 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 Lighter live order book, 8 min ago0.51 bp0.7 bp −$10.8 bp −$85.7 bp −$57318.5 bp −$9,225
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−0.0053%1h65.950−0.101%$5.7M$9.2M25xas long as short
Hotstuff SILVER-PERP−0.0016%1h66.012−0.007%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.989−0.043%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.080+0.096%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.100+0.126%$1.0M$980K75xas long as short
Phemex XAGUSDT0.0000%4h66.060+0.065%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.994−0.035%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.050+0.051%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.998−0.029%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.580%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.020+0.005%$794K$3.0M40xas long as short
Gate XAG_USDT+0.0044%4h66.070+0.081%$149.8M$164.4M100xas long as short
Vest SI-PERP+0.0046%1h66.475+0.694%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.025+0.012%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.994−0.035%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0056%8h66.046+0.044%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.040+0.035%$114K$2.7M20xas long as short
tradeXYZ xyz:SILVER+0.0060%1h66.023+0.009%$166.3M$73.8M25xas long as short
Phoenix SILVER+0.0073%1h65.977−0.060%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0074%24h66.020+0.005%$479K$26.6M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.059+0.064%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.994−0.035%$469K$604K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.030+0.020%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.960−0.086%$113K$30K50xas long as short
Bybit XAGUSDT+0.0100%4h66.080+0.096%$27.8M$36.5M150xas long as short
Lighter XAGshort+0.0120%1h66.054+0.056%$5.2M$10.9M25x
Aster XAGUSDT+0.0120%4h66.050+0.050%$2.7M$866K100xas long as short
Variational Omni XAG+0.0164%4h66.053+0.055%$5.7M$9.5Mas long as short
Aevo XAG-PERP+0.0168%1h66.046+0.044%$47K10xas long as short
MEXC SILVER_USDT+0.0174%4h66.060+0.065%$114.5M$152.8M1000xas long as short
Binance XAGUSDT+0.0175%4h66.060+0.065%$190.9M$703.1M100xas long as short
edgeX XAGUSDC+0.0182%4h66.013−0.006%$670K$311K30xas long as short
Nado XAG-PERP+0.0186%1h66.013−0.005%$1.4M$5.8M10xas long as short
Aftermath Perps XAGUSD+0.0198%1h66.020+0.005%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h66.030+0.020%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h66.028+0.016%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.980−0.056%$1.8M$1.0M20xas long as short
BloFin XAG-USDT+0.0224%4h66.030+0.020%$2.6M$569K100xas long as short
OKX XAG-USDT-SWAP+0.0224%8h66.070+0.081%$27.7M$64.6M50xas long as short
Bitget XAGUSDT+0.0228%4h66.060+0.065%$24.0M$44.9M100xas long as short
Bullet SILVER-USD+0.0236%1h66.063+0.070%$44K$75K10xas long as short
Hibachi XAG/USDT-Plong+0.0304%1h66.017long leg$20K$19K10x
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h66.065+0.073%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h66.039+0.034%$911K$685K25xas long as short