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+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.029%
Price spread now: Hibachi against Lighter−0.053%7-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 airdropLighter: Season 3 · Hibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.053% cheaper against Lighter than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 23 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XAG66.0520.0120pay 0.0015% / 1h6m 22s$5.2M$10.9M25x
ShortHibachi XAG/USDT-P66.0170.0304get 0.0038% / 1h6m 22s$20K$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Lighter. 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
$38.64
Price spread: −0.053% → 0.000%
−$5.3
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$24.34
Costs to cover
0.090%
Break-even
2.6 days
Slippage unknown: Lighter: live order book, 7 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 Lighter live order book, 7 min ago0.51 bp0.7 bp −$11.3 bp −$135.5 bp −$55118.6 bp −$9,285
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−0.0053%1h65.950−0.154%$5.7M$9.2M25xas long as short
Hotstuff SILVER-PERP−0.0016%1h66.012−0.060%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.989−0.096%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.080+0.043%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.080+0.043%$1.0M$949K75xas long as short
Phemex XAGUSDT0.0000%4h66.050−0.003%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.994−0.088%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.049−0.004%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.995−0.086%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.527%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.020−0.048%$794K$3.0M40xas long as short
Gate XAG_USDT+0.0044%4h66.070+0.028%$149.8M$164.4M100xas long as short
Vest SI-PERP+0.0046%1h66.475+0.641%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.025−0.041%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.994−0.088%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0056%8h66.046−0.009%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.040−0.018%$114K$2.7M20xas long as short
tradeXYZ xyz:SILVER+0.0060%1h66.024−0.042%$166.3M$73.8M25xas long as short
Phoenix SILVER+0.0073%1h65.977−0.113%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0073%24h66.003−0.074%$537K$26.5M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.059+0.011%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.994−0.088%$469K$604K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.030−0.033%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.960−0.139%$113K$30K50xas long as short
Bybit XAGUSDT+0.0100%4h66.080+0.043%$27.8M$36.5M150xas long as short
Lighter XAGlong+0.0120%1h66.052long leg$5.2M$10.9M25x
Aster XAGUSDT+0.0120%4h66.050−0.003%$2.7M$866K100xas long as short
Variational Omni XAG+0.0163%4h66.003−0.074%$5.6M$9.5Mas long as short
Aevo XAG-PERP+0.0168%1h66.046−0.009%$47K10xas long as short
MEXC SILVER_USDT+0.0174%4h66.060+0.012%$114.5M$152.8M1000xas long as short
Binance XAGUSDT+0.0175%4h66.070+0.028%$191.0M$702.9M100xas long as short
edgeX XAGUSDC+0.0182%4h66.013−0.059%$670K$311K30xas long as short
Nado XAG-PERP+0.0186%1h66.013−0.058%$1.4M$5.8M10xas long as short
Aftermath Perps XAGUSD+0.0198%1h66.020−0.048%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h66.030−0.033%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h66.028−0.037%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.980−0.109%$1.8M$1.0M20xas long as short
BloFin XAG-USDT+0.0224%4h66.030−0.033%$2.6M$569K100xas long as short
OKX XAG-USDT-SWAP+0.0224%8h66.050−0.003%$27.7M$64.6M50xas long as short
Bitget XAGUSDT+0.0228%4h66.060+0.012%$24.0M$44.9M100xas long as short
Bullet SILVER-USD+0.0236%1h66.063+0.017%$44K$75K10xas long as short
Hibachi XAG/USDT-Pshort+0.0304%1h66.017−0.053%$20K$19K10x
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h66.065+0.020%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h66.039−0.019%$911K$685K25xas long as short