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+0.0236%/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
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 · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XAGUSDTM65.9500.0100pay 0.0050% / 4h3h 39m$24.5M$4.5M75x
ShortHibachi XAG/USDT-P65.9120.0336get 0.0042% / 1h39m 36s$20K$19K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago1.52 bp7.8 bp −$817.0 bp −$170doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0046%1h65.880−0.106%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.934−0.025%$14K5xas long as short
Gate XAG_USDT0.0000%4h66.010+0.091%$149.6M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h65.980+0.045%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.010+0.091%$1.0M$966K75xas long as short
Phemex XAGUSDT0.0000%4h65.980+0.045%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.911−0.059%$120K250xas long as short
Lighter RH XAG+0.0032%1h65.964+0.022%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.929−0.032%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.682%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.970+0.030%$793K$3.1M40xas long as short
Vest SI-PERP+0.0046%1h66.397+0.678%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.946−0.006%$3.9M$674K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.916−0.052%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0051%1h65.944−0.009%$166.0M$73.5M25xas long as short
QFEX SILVER-USD+0.0060%1h65.980+0.045%$114K$2.7M20xas long as short
Hotstuff SILVER-PERP+0.0072%1h65.963+0.020%$35K$21K20xas long as short
Kalshi KXSILVERPERP+0.0072%24h65.935−0.023%$539K$25.9M8.1xas long as short
Phoenix SILVER+0.0073%1h65.889−0.092%$56K$26K25xas long as short
RISEx XAG/USDC+0.0080%1h65.992+0.063%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.924−0.040%$469K$612K10xas long as short
KuCoin XAGUSDTMlong+0.0100%4h65.950long leg$24.5M$4.5M75x
ApeX Omni XAGUSDT+0.0100%1h65.920−0.045%$113K$30K50xas long as short
Bybit XAGUSDT+0.0109%4h66.010+0.091%$27.4M$36.4M150xas long as short
Lighter XAG+0.0112%1h65.981+0.047%$5.2M$10.6M25xas long as short
Paradex XAG-USD-PERP+0.0116%8h65.986+0.055%$30K$1K5xas long as short
Aster XAGUSDT+0.0137%4h65.970+0.030%$2.7M$871K100xas long as short
Nado XAG-PERP+0.0180%1h65.937−0.019%$1.4M$6.0M10xas long as short
Aevo XAG-PERP+0.0184%1h65.973+0.035%$47K10xas long as short
Variational Omni XAG+0.0188%4h65.963+0.020%$5.6M$9.4Mas long as short
Binance XAGUSDT+0.0202%4h65.990+0.061%$191.0M$702.6M100xas long as short
MEXC SILVER_USDT+0.0202%4h65.990+0.061%$112.8M$152.1M1000xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h65.960+0.015%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h65.973+0.035%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.9500.000%$1.8M$1.0M20xas long as short
edgeX XAGUSDC+0.0213%4h65.953+0.005%$669K$310K30xas long as short
Aftermath Perps XAGUSD+0.0215%1h65.939−0.017%$79K$36K10xas long as short
OKX XAG-USDT-SWAP+0.0233%8h65.990+0.061%$27.7M$64.7M50xas long as short
Bullet SILVER-USD+0.0236%1h65.990+0.061%$45K$76K10xas long as short
BloFin XAG-USDT+0.0238%4h65.960+0.015%$2.6M$556K100xas long as short
Bitget XAGUSDT+0.0242%4h65.990+0.061%$23.9M$45.3M100xas long as short
Hibachi XAG/USDT-Pshort+0.0336%1h65.912−0.058%$20K$19K10x
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h65.985+0.053%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h65.940−0.015%$910K$683K25xas long as short