XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0326%/8h= +35.7% APRnext payment +$0.41 per $10,000 · paid last 24h +0.059%

Price spread now: Hibachi against Polymarket Perps−0.030%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Hibachi

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 days—no 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 0.030% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SILVER-USD	66.070	0.0050	pay 0.0006% / 1h	13m 00s	$3.9M	$672K	20x
Short	Hibachi XAG/USDT-P	66.050	0.0376	get 0.0047% / 1h	13m 00s	$20K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Polymarket Perps. 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee HibachibpOrdersPrice spread, now −0.030%Rate

Funding earned: $68.46
Price spread: −0.030% → 0.000%: −$3.03
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $48.43
Costs to cover: 0.170%
Break-even: 2.0 days

Slippage unknown: Polymarket Perps: live order book, 6 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 Polymarket Perps live order book, 6 min ago	0.53 bp	4.7 bp −$5	5.3 bp −$53	7.5 bp −$747	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
dYdX XAG-USD	0.0000%	1h	66.018	−0.079%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.090	+0.030%	$150.1M	$163.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.100	+0.045%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.130	+0.091%	$1.0M	$971K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.120	+0.076%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.037	−0.049%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.076	+0.009%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.014	−0.085%	$5.2M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.499%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.110	+0.061%	$795K	$3.1M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0042%	1h	65.980	−0.136%	$5.7M	$9.6M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.532	+0.699%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	66.086	+0.024%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USDlong	+0.0050%	1h	66.070	long leg	$3.9M	$672K	20x
SoDEX SILVER-USD	+0.0050%	1h	66.016	−0.082%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.090	+0.030%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.025	−0.068%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0071%	24h	66.065	−0.008%	$546K	$25.4M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.041	−0.044%	$470K	$615K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.060	−0.015%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.060	−0.015%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0125%	1h	66.052	−0.027%	$165.8M	$74.3M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.096	+0.039%	$1.3M	$4.5M	20x	as long as short
Paradex XAG-USD-PERP	+0.0140%	8h	66.092	+0.033%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0143%	4h	66.090	+0.030%	$2.7M	$881K	100x	as long as short
Bybit XAGUSDT	+0.0164%	4h	66.090	+0.030%	$27.1M	$36.1M	150x	as long as short
Lighter XAG	+0.0176%	1h	66.075	+0.008%	$5.2M	$10.7M	25x	as long as short
Aevo XAG-PERP	+0.0192%	1h	66.094	+0.036%	$47K	—	10x	as long as short
BloFin XAG-USDT	+0.0193%	4h	66.120	+0.076%	$2.6M	$554K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.170	+0.151%	$1.8M	$1.0M	20x	as long as short
Variational Omni XAG	+0.0203%	4h	66.163	+0.141%	$5.6M	$9.5M	—	as long as short
Nado XAG-PERP	+0.0210%	1h	66.048	−0.034%	$1.4M	$6.4M	10x	as long as short
MEXC SILVER_USDT	+0.0210%	4h	66.080	+0.015%	$110.4M	$152.9M	1000x	as long as short
Binance XAGUSDT	+0.0211%	4h	66.084	+0.022%	$192.3M	$700.8M	100x	as long as short
Aftermath Perps XAGUSD	+0.0222%	1h	66.079	+0.014%	$80K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0222%	4h	66.092	+0.034%	$671K	$313K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0233%	8h	66.080	+0.015%	$27.7M	$65.0M	50x	as long as short
Bitget XAGUSDT	+0.0256%	4h	66.090	+0.030%	$23.8M	$45.4M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0274%	4h	66.094	+0.036%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0286%	1h	66.116	+0.070%	$44K	$76K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0356%	1h	66.070	0.000%	$62K	$349K	20x	as long as short
Hibachi XAG/USDT-Pshort	+0.0376%	1h	66.050	−0.030%	$20K	$19K	10x
GMX SILVER/USD [ETH-USDC]	L +0.0383% / S −0.0424%	1h	66.115	+0.068%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.069	−0.002%	$912K	$683K	25x	as long as short