Funding you earn now, next payment 05:00 UTC−0.0169%/8h= −18.5% APRnext payment −$0.21 per $10,000 · paid last 24h −0.017%
Price spread now: Nado against Hibachi−0.012%7-day average — · you buy dearer than you sell
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 · Nado: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi XAG/USDT-P | 65.926 | 0.0344 | pay 0.0043% / 1h | 43m 27s | $20K | $19K | 10x |
| Short | Nado XAG-PERP | 65.918 | 0.0175 | get 0.0022% / 1h | 43m 27s | $1.4M | $6.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$35.52
- Price spread: −0.012% → 0.000%
- −$1.2
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$52.71
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; Nado: live order book, 6 min ago. 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 Nado live order book, 6 min ago | 0.08 bp | 4.2 bp −$4 | 9.2 bp −$92 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0046% | 1h | 65.850 | −0.115% | $5.7M | $9.3M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.934 | +0.012% | $14K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.000 | +0.113% | $149.5M | $163.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.960 | +0.052% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.030 | +0.158% | $1.0M | $967K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.980 | +0.083% | $1.5M | $319K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.921 | −0.006% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.954 | +0.043% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.917 | −0.013% | $5.1M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.720% | $11K | $94K | 52x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 65.990 | +0.098% | $794K | $3.1M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.404 | +0.726% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.937 | +0.017% | $3.9M | $674K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.900 | −0.039% | $3K | $6K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0051% | 1h | 65.948 | +0.034% | $165.9M | $73.6M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.984 | +0.089% | $35K | $21K | 20x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 65.950 | +0.037% | $114K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0072% | 24h | 65.956 | +0.046% | $538K | $25.9M | 8.1x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.967 | +0.063% | $56K | $26K | 25x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 65.963 | +0.056% | $1.3M | $4.9M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.906 | −0.030% | $469K | $614K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.930 | +0.007% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.960 | +0.052% | $113K | $30K | 50x | as long as short |
| Lighter XAG | +0.0112% | 1h | 65.948 | +0.034% | $5.2M | $10.6M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0121% | 8h | 65.959 | +0.051% | $30K | $1K | 5x | as long as short |
| Bybit XAGUSDT | +0.0128% | 4h | 66.000 | +0.113% | $27.4M | $36.5M | 150x | as long as short |
| Aster XAGUSDT | +0.0138% | 4h | 65.962 | +0.056% | $2.7M | $871K | 100x | as long as short |
| BloFin XAG-USDT | +0.0159% | 4h | 66.000 | +0.113% | $2.6M | $556K | 100x | as long as short |
| Nado XAG-PERPshort | +0.0175% | 1h | 65.918 | −0.012% | $1.4M | $6.1M | 10x | |
| Aevo XAG-PERP | +0.0192% | 1h | 65.968 | +0.064% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0195% | 4h | 66.003 | +0.118% | $5.6M | $9.4M | — | as long as short |
| MEXC SILVER_USDT | +0.0204% | 4h | 65.960 | +0.052% | $112.8M | $152.1M | 1000x | as long as short |
| Binance XAGUSDT | +0.0204% | 4h | 65.984 | +0.088% | $191.0M | $702.5M | 100x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0205% | 1h | 65.940 | +0.022% | $75K | $363K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 65.950 | +0.037% | $1.8M | $1.0M | 20x | as long as short |
| edgeX XAGUSDC | +0.0215% | 4h | 66.014 | +0.134% | $670K | $312K | 30x | as long as short |
| Aftermath Perps XAGUSD | +0.0215% | 1h | 65.967 | +0.063% | $79K | $36K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0218% | 4h | 66.022 | +0.146% | $394K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0234% | 1h | 65.995 | +0.106% | $44K | $76K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0234% | 8h | 66.000 | +0.113% | $27.6M | $64.8M | 50x | as long as short |
| Bitget XAGUSDT | +0.0244% | 4h | 65.970 | +0.067% | $23.9M | $45.2M | 100x | as long as short |
| Hibachi XAG/USDT-Plong | +0.0344% | 1h | 65.926 | long leg | $20K | $19K | 10x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0387% / S −0.0440% | 1h | 65.985 | +0.090% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0624% | 1h | 65.945 | +0.029% | $910K | $683K | 25x | as long as short |
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 PERP
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Phoenix SILVER
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Paradex XAG-USD-PERP
Bybit XAGUSDT
Aster XAGUSDT
BloFin XAG-USDT
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
Deribit SILVER_USDC-PERPETUAL
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Bullet SILVER-USD
OKX XAG-USDT-SWAP
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD