XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h +0.079%

Price spread now: Hibachi against Hotstuff−0.030%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · Hibachi: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Hibachi is 0.030% cheaper against Hotstuff than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff SILVER-PERP	65.312	−0.0048	get 0.0006% / 1h	27m 34s	$35K	$21K	20x
Short	Hibachi XAG/USDT-P	65.292	−0.0176	pay 0.0022% / 1h	27m 34s	$20K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Hotstuff. 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

Position, each leg$Hold fordaysFee HotstuffbpFee HibachibpOrdersPrice spread, now −0.030%Rate

Funding earned: −$26.88
Price spread: −0.030% → 0.000%: −$3.02
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: −$43.9
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Hibachi: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Hibachi no order-book sample	—	—	—	—	—

Hotstuff and 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
Hibachi XAG/USDT-Pshort	−0.0176%	1h	65.292	−0.030%	$20K	$19K	10x
Ondo Perps XAG-USD.P	−0.0094%	1h	65.220	−0.141%	$5.6M	$9.7M	25x	as long as short
Hotstuff SILVER-PERPlong	−0.0048%	1h	65.312	long leg	$35K	$21K	20x
dYdX XAG-USD	0.0000%	1h	65.295	−0.026%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.370	+0.089%	$27.9M	$39.8M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.350	+0.058%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.390	+0.119%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.360	+0.073%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.281	−0.047%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0020%	4h	65.360	+0.073%	$141.2M	$182.3M	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	65.348	+0.055%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.292	−0.031%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.666%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.330	+0.028%	$786K	$2.9M	40x	as long as short
Aster XAGUSDT	+0.0041%	4h	65.340	+0.043%	$2.7M	$966K	100x	as long as short
Variational Omni XAG	+0.0043%	4h	65.344	+0.048%	$5.5M	$9.4M	—	as long as short
Vest SI-PERP	+0.0046%	1h	65.785	+0.724%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.350	+0.058%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.312	0.000%	$170.3M	$83.7M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.330	+0.028%	$3.8M	$718K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.278	−0.052%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	65.328	+0.025%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.377	+0.100%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.313	+0.002%	$56K	$31K	25x	as long as short
Binance XAGUSDT	+0.0064%	4h	65.359	+0.071%	$190.2M	$763.5M	100x	as long as short
MEXC SILVER_USDT	+0.0064%	4h	65.330	+0.028%	$115.9M	$157.4M	1000x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.328	+0.024%	$47K	—	10x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.316	+0.006%	$487K	$30.8M	8.1x	as long as short
edgeX XAGUSDC	+0.0082%	4h	65.326	+0.022%	$665K	$312K	30x	as long as short
Pacifica XAG	+0.0100%	1h	65.292	−0.030%	$467K	$624K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.330	+0.028%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.290	−0.034%	$112K	$19K	50x	as long as short
GRVT XAG_USDT_Perp	+0.0114%	4h	65.360	+0.073%	$397K	$1.6M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.380	+0.104%	$1.6M	$1.4M	20x	as long as short
Nado XAG-PERP	+0.0130%	1h	65.314	+0.003%	$1.2M	$5.4M	10x	as long as short
Lighter XAG	+0.0136%	1h	65.349	+0.056%	$5.4M	$11.4M	25x	as long as short
Bullet SILVER-USD	+0.0177%	1h	65.348	+0.056%	$44K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0178%	4h	65.370	+0.089%	$23.8M	$46.3M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0184%	8h	65.370	+0.089%	$28.0M	$70.6M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.320	+0.012%	$65K	$378K	20x	as long as short
Aftermath Perps XAGUSD	+0.0220%	1h	65.312	+0.001%	$79K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0260%	4h	65.350	+0.058%	$2.6M	$611K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0273% / S −0.0241%	1h	65.335	+0.035%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0493%	1h	65.308	−0.007%	$915K	$746K	25x	as long as short