Funding you earn now, next payment 07:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h +0.052%
Price spread now: Hibachi against Lighter RH−0.079%7-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
=Together, before fees—+ Points / potential airdropLighter RH: Points live · Hibachi: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hibachi is 0.079% cheaper against Lighter RH than usual: you would sell low and buy high (−$8 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 | Lighter RH XAG | 65.421 | 0.0032 | pay 0.0004% / 1h | 40m 32s | $4.6M | $9.8M | 25x |
| Short | Hibachi XAG/USDT-P | 65.369 | −0.0120 | pay 0.0015% / 1h | 40m 32s | $20K | $20K | 10x |
Lighter RH XAG
Hibachi XAG/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Lighter RH. 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
- −$31.92
- Price spread: −0.079% → 0.000%
- −$7.93
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$48.85
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 3 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 Lighter RH live order book, 3 min ago | 1.66 bp | 2.3 bp −$2 | 3.1 bp −$31 | 24.2 bp −$2,417 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-Pshort | −0.0120% | 1h | 65.369 | −0.079% | $20K | $20K | 10x | |
| Ondo Perps XAG-USD.P | −0.0081% | 1h | 65.300 | −0.185% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.350 | −0.109% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.430 | +0.013% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.440 | +0.029% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.440 | +0.029% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.370 | −0.079% | $118K | — | 250x | as long as short |
| Bybit XAGUSDT | +0.0018% | 4h | 65.410 | −0.017% | $28.4M | $39.6M | 150x | as long as short |
| Gate XAG_USDT | +0.0030% | 4h | 65.420 | −0.002% | $141.3M | $181.1M | 100x | as long as short |
| Lighter RH XAGlong | +0.0032% | 1h | 65.421 | long leg | $4.6M | $9.8M | 25x |
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Bybit XAGUSDT
Gate XAG_USDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.353 | −0.105% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.496% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.410 | −0.017% | $787K | $3.0M | 40x | as long as short |
| Aster XAGUSDT | +0.0045% | 4h | 65.400 | −0.032% | $2.7M | $973K | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.837 | +0.636% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.390 | −0.048% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.394 | −0.042% | $170.3M | $83.8M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.380 | −0.063% | $3.8M | $718K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.366 | −0.084% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0057% | 8h | 65.398 | −0.036% | $29K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0060% | 4h | 65.414 | −0.012% | $5.5M | $9.4M | — | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.412 | −0.014% | $1.3M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.384 | −0.057% | $56K | $31K | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0064% | 1h | 65.386 | −0.054% | $35K | $21K | 20x | as long as short |
| Binance XAGUSDT | +0.0076% | 4h | 65.410 | −0.017% | $189.8M | $763.2M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0076% | 4h | 65.400 | −0.032% | $115.4M | $157.1M | 1000x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.377 | −0.068% | $535K | $30.3M | 8.1x | as long as short |
| Aevo XAG-PERP | +0.0088% | 1h | 65.408 | −0.020% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0090% | 4h | 65.433 | +0.018% | $666K | $314K | 30x | as long as short |
| Lighter XAG | +0.0096% | 1h | 65.422 | +0.001% | $5.4M | $11.3M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.363 | −0.089% | $467K | $627K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.390 | −0.048% | $25.4M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.410 | −0.017% | $112K | $19K | 50x | as long as short |
| Nado XAG-PERP | +0.0114% | 1h | 65.360 | −0.093% | $1.2M | $5.5M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0116% | 4h | 65.427 | +0.009% | $397K | $1.6M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.380 | −0.063% | $1.6M | $1.4M | 20x | as long as short |
| Bullet SILVER-USD | +0.0155% | 1h | 65.427 | +0.009% | $43K | $77K | 10x | as long as short |
| Bitget XAGUSDT | +0.0186% | 4h | 65.420 | −0.002% | $23.8M | $46.6M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0189% | 8h | 65.410 | −0.017% | $27.9M | $71.3M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.410 | −0.017% | $66K | $374K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0211% | 1h | 65.400 | −0.032% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0306% | 4h | 65.440 | +0.029% | $2.6M | $610K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0318% / S −0.0301% | 1h | 65.425 | +0.006% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0492% | 1h | 65.392 | −0.045% | $916K | $746K | 25x | as long as short |
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Aster XAGUSDT
Vest SI-PERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Variational Omni XAG
RISEx XAG/USDC
Phoenix SILVER
Hotstuff SILVER-PERP
Binance XAGUSDT
MEXC SILVER_USDT
Kalshi KXSILVERPERP
Aevo XAG-PERP
edgeX XAGUSDC
Lighter XAG
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Nado XAG-PERP
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Bullet SILVER-USD
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD