Funding you earn now, next payment 05:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.041%
Price spread now: Hibachi against KuCoin−0.058%47s7-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 0.058% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 20 hours of funding at the current rate (+$7 a day). The two prices were read 47 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 | KuCoin XAGUSDTM | 65.950 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $24.5M | $4.5M | 75x |
| Short | Hibachi XAG/USDT-P | 65.912 | 0.0336 | get 0.0042% / 1h | 39m 36s | $20K | $19K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against KuCoin. 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
- $49.56
- Price spread: −0.058% → 0.000%
- −$5.83
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $22.73
- Costs to cover
- 0.210%
- Break-even
- 3.8 days
Slippage unknown: KuCoin: live order book, 4 min ago; 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 KuCoin live order book, 4 min ago | 1.52 bp | 7.8 bp −$8 | 17.0 bp −$170 | doesn't fit | 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 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 | 65.880 | −0.106% | $5.7M | $9.3M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.934 | −0.025% | $14K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.010 | +0.091% | $149.6M | $163.5M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.980 | +0.045% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.010 | +0.091% | $1.0M | $966K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.980 | +0.045% | $1.5M | $320K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.911 | −0.059% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.964 | +0.022% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.929 | −0.032% | $5.1M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.682% | $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 | 65.970 | +0.030% | $793K | $3.1M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.397 | +0.678% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.946 | −0.006% | $3.9M | $674K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.916 | −0.052% | $3K | $6K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0051% | 1h | 65.944 | −0.009% | $166.0M | $73.5M | 25x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 65.980 | +0.045% | $114K | $2.7M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0072% | 1h | 65.963 | +0.020% | $35K | $21K | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0072% | 24h | 65.935 | −0.023% | $539K | $25.9M | 8.1x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.889 | −0.092% | $56K | $26K | 25x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 65.992 | +0.063% | $1.3M | $4.9M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.924 | −0.040% | $469K | $612K | 10x | as long as short |
| KuCoin XAGUSDTMlong | +0.0100% | 4h | 65.950 | long leg | $24.5M | $4.5M | 75x | |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.920 | −0.045% | $113K | $30K | 50x | as long as short |
| Bybit XAGUSDT | +0.0109% | 4h | 66.010 | +0.091% | $27.4M | $36.4M | 150x | as long as short |
| Lighter XAG | +0.0112% | 1h | 65.981 | +0.047% | $5.2M | $10.6M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0116% | 8h | 65.986 | +0.055% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0137% | 4h | 65.970 | +0.030% | $2.7M | $871K | 100x | as long as short |
| Nado XAG-PERP | +0.0180% | 1h | 65.937 | −0.019% | $1.4M | $6.0M | 10x | as long as short |
| Aevo XAG-PERP | +0.0184% | 1h | 65.973 | +0.035% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0188% | 4h | 65.963 | +0.020% | $5.6M | $9.4M | — | as long as short |
| Binance XAGUSDT | +0.0202% | 4h | 65.990 | +0.061% | $191.0M | $702.6M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0202% | 4h | 65.990 | +0.061% | $112.8M | $152.1M | 1000x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0205% | 1h | 65.960 | +0.015% | $75K | $363K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0206% | 4h | 65.973 | +0.035% | $394K | $1.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 65.950 | 0.000% | $1.8M | $1.0M | 20x | as long as short |
| edgeX XAGUSDC | +0.0213% | 4h | 65.953 | +0.005% | $669K | $310K | 30x | as long as short |
| Aftermath Perps XAGUSD | +0.0215% | 1h | 65.939 | −0.017% | $79K | $36K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0233% | 8h | 65.990 | +0.061% | $27.7M | $64.7M | 50x | as long as short |
| Bullet SILVER-USD | +0.0236% | 1h | 65.990 | +0.061% | $45K | $76K | 10x | as long as short |
| BloFin XAG-USDT | +0.0238% | 4h | 65.960 | +0.015% | $2.6M | $556K | 100x | as long as short |
| Bitget XAGUSDT | +0.0242% | 4h | 65.990 | +0.061% | $23.9M | $45.3M | 100x | as long as short |
| Hibachi XAG/USDT-Pshort | +0.0336% | 1h | 65.912 | −0.058% | $20K | $19K | 10x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0387% / S −0.0440% | 1h | 65.985 | +0.053% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0624% | 1h | 65.940 | −0.015% | $910K | $683K | 25x | as long as short |
KuCoin XAGUSDTM
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
ApeX Omni XAGUSDT
Bybit XAGUSDT
Lighter XAG
Paradex XAG-USD-PERP
Aster XAGUSDT
Variational Omni XAG
Binance XAGUSDT
MEXC SILVER_USDT
Deribit SILVER_USDC-PERPETUAL
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
Bullet SILVER-USD
BloFin XAG-USDT
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD