Funding you earn now, next payment 12:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.055%
Price spread now: Hibachi against HTX−0.162%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Hibachi is 0.162% cheaper against HTX than usual: you would sell low and buy high (spread −0.162% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 2.4 days of funding at the current rate (+$7 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XAG-USDT | 65.600 | 0 | get 0.0000% / 4h | 46m 32s | $1.1M | $1.3M | 75x |
| Short | Hibachi XAG/USDT-P | 65.494 | 0.0224 | get 0.0028% / 1h | 46m 32s | $21K | $12K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against HTX. 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
- $47.04
- Price spread: −0.162% → 0.000%
- −$16.19
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $9.85
- Costs to cover
- 0.210%
- Break-even
- 5.5 days
Slippage unknown: HTX: live order book, just now; 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 HTX live order book, just now | 5.34 bp | 11.3 bp −$11 | 11.3 bp −$113 | 14.4 bp −$1,444 | doesn't fit |
| Sell Hibachi no order-book sample | — | — | — | — | — |
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 exchanges
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 | 65.438 | −0.247% | $13K | $8K | 5x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 65.547 | −0.081% | $1.3M | $5.5M | 20x | as long as short |
| Hotstuff SILVER-PERP | 0.0000% | 1h | 65.599 | −0.002% | $39K | $26K | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.550 | −0.076% | $136.0M | $200.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.570 | −0.046% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDTlong | 0.0000% | 4h | 65.600 | long leg | $1.1M | $1.3M | 75x | |
| Phemex XAGUSDT | 0.0000% | 4h | 65.560 | −0.061% | $1.5M | $257K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.462 | −0.211% | $118K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.537 | −0.095% | $4.6M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.471 | −0.196% | $5.1M | $12.2M | 10x | as long as short |
Show all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −1.521% | $11K | $240 | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.570 | −0.046% | $789K | $3.0M | 40x | as long as short |
| QFEX SILVER-USD | +0.0042% | 1h | 65.540 | −0.091% | $446K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.974 | +0.570% | — | — | 25x | as long as short |
| Variational Omni XAG | +0.0048% | 4h | 65.588 | −0.019% | $5.5M | $9.0M | — | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.516 | −0.128% | $3.8M | $1.5M | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.473 | −0.194% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 65.440 | −0.244% | $5.7M | $11.0M | 25x | as long as short |
| Bybit XAGUSDT | +0.0052% | 4h | 65.560 | −0.061% | $30.3M | $48.7M | 150x | as long as short |
| Paradex XAG-USD-PERP | +0.0052% | 8h | 65.519 | −0.124% | $29K | — | 5x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0055% | 1h | 65.510 | −0.137% | $77K | $407K | 20x | as long as short |
| Lighter XAG | +0.0064% | 1h | 65.523 | −0.117% | $5.3M | $11.9M | 25x | as long as short |
| Aster XAGUSDT | +0.0068% | 4h | 65.509 | −0.139% | $2.7M | $1.2M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0070% | 4h | 65.530 | −0.107% | $115.2M | $163.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0071% | 4h | 65.547 | −0.081% | $190.3M | $868.6M | 100x | as long as short |
| Aevo XAG-PERP | +0.0080% | 1h | 65.575 | −0.038% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0080% | 4h | 65.541 | −0.090% | $668K | $315K | 30x | as long as short |
| GRVT XAG_USDT_Perp | +0.0090% | 4h | 65.551 | −0.075% | $388K | $1.6M | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0099% | 1h | 65.514 | −0.131% | $175.4M | $87.6M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.473 | −0.194% | $462K | $518K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.500 | −0.152% | $25.3M | $4.4M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.500 | −0.152% | $112K | $19K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 65.480 | −0.183% | $1.6M | $2.0M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0108% | 24h | 65.534 | −0.101% | $743K | $40.3M | 8.1x | as long as short |
| Nado XAG-PERP | +0.0125% | 1h | 65.520 | −0.122% | $1.2M | $3.4M | 10x | as long as short |
| Phoenix SILVER | +0.0134% | 1h | 65.480 | −0.183% | $55K | $15K | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0169% | 8h | 65.550 | −0.076% | $27.6M | $87.6M | 50x | as long as short |
| Bitget XAGUSDT | +0.0208% | 4h | 65.560 | −0.061% | $23.2M | $54.1M | 100x | as long as short |
| Bullet SILVER-USD | +0.0223% | 1h | 65.542 | −0.088% | $44K | $73K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0223% | 1h | 65.528 | −0.110% | $79K | $37K | 10x | as long as short |
| Hibachi XAG/USDT-Pshort | +0.0224% | 1h | 65.494 | −0.162% | $21K | $12K | 10x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0283% / S −0.0256% | 1h | 65.535 | −0.099% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0289% | 4h | 65.560 | −0.061% | $2.7M | $783K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0540% | 1h | 65.522 | −0.118% | $1.0M | $948K | 25x | as long as short |
HTX XAG-USDT
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Variational Omni XAG
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Bybit XAGUSDT
Paradex XAG-USD-PERP
Deribit SILVER_USDC-PERPETUAL
Lighter XAG
Aster XAGUSDT
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
GRVT XAG_USDT_Perp
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Phoenix SILVER
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Bullet SILVER-USD
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD