XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0196%/8h= +21.4% APRnext payment +$0.24 per $10,000 · paid last 24h +0.043%

Price spread now: Hibachi against QFEX−0.069%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 4 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 0.069% cheaper against QFEX than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 28 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SILVER-USD	65.040	0.0044	pay 0.0006% / 1h	59m 27s	$171K	$1.4M	20x
Short	Hibachi XAG/USDT-P	64.995	0.0240	get 0.0030% / 1h	59m 27s	$20K	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against QFEX. 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 QFEXbpFee HibachibpOrdersPrice spread, now −0.069%Rate

Funding earned: $41.11
Price spread: −0.069% → 0.000%: −$6.95
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $15.16
Costs to cover: 0.190%
Break-even: 4.4 days

Slippage unknown: QFEX: live order book, 2 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 QFEX live order book, 2 min ago	2.31 bp	7.3 bp −$7	7.3 bp −$73	8.5 bp −$850	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	64.997	−0.066%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.050	+0.015%	$27.6M	$39.1M	150x	as long as short
Nado XAG-PERP	0.0000%	1h	64.992	−0.073%	$1.2M	$4.6M	10x	as long as short
SunX XAG-USDT	0.0000%	4h	65.030	−0.015%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.060	+0.031%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.050	+0.015%	$1.4M	$290K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	64.946	−0.145%	$117K	—	250x	as long as short
Variational Omni XAG	+0.0010%	4h	65.026	−0.021%	$5.4M	$9.2M	—	as long as short
Lighter RH XAG	+0.0032%	1h	65.031	−0.014%	$4.6M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	64.964	−0.117%	$4.9M	$11.8M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XAG_USDT	+0.0032%	4h	65.060	+0.031%	$140.2M	$176.5M	100x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+2.091%	$11K	$94K	52x	as long as short
edgeX XAGUSDC	+0.0038%	4h	65.081	+0.064%	$663K	$314K	30x	as long as short
StandX XAG-USD	+0.0040%	1h	65.050	+0.015%	$782K	$3.0M	40x	as long as short
MEXC SILVER_USDT	+0.0042%	4h	65.040	0.000%	$127.7M	$153.8M	1000x	as long as short
QFEX SILVER-USDlong	+0.0044%	1h	65.040	long leg	$171K	$1.4M	20x
Vest SI-PERP	+0.0046%	1h	65.446	+0.624%	—	—	25x	as long as short
Binance XAGUSDT	+0.0047%	4h	65.040	0.000%	$191.9M	$758.5M	100x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.004	−0.055%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	64.956	−0.129%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	64.900	−0.215%	$5.6M	$9.8M	25x	as long as short
Aster XAGUSDT	+0.0053%	4h	65.040	0.000%	$2.6M	$990K	100x	as long as short
Aevo XAG-PERP	+0.0056%	1h	65.024	−0.024%	$47K	—	10x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	65.015	−0.038%	$29K	$1K	5x	as long as short
Phoenix SILVER	+0.0061%	1h	64.985	−0.085%	$55K	$30K	25x	as long as short
Kalshi KXSILVERPERP	+0.0081%	24h	64.983	−0.088%	$474K	$32.8M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0088%	1h	65.002	−0.058%	$35K	$21K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.020	−0.031%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	64.975	−0.100%	$462K	$594K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.000	−0.062%	$25.2M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.030	−0.015%	$111K	$19K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0142%	1h	65.000	−0.062%	$173.3M	$85.5M	25x	as long as short
GRVT XAG_USDT_Perp	+0.0152%	4h	65.044	+0.006%	$384K	$1.6M	25x	as long as short
RISEx XAG/USDC	+0.0158%	1h	65.040	0.000%	$1.3M	$4.9M	20x	as long as short
BloFin XAG-USDT	+0.0168%	4h	65.070	+0.046%	$2.7M	$625K	100x	as long as short
Bitget XAGUSDT	+0.0174%	4h	65.050	+0.015%	$23.2M	$44.8M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0179%	8h	65.050	+0.015%	$28.3M	$71.2M	50x	as long as short
Lighter XAG	+0.0192%	1h	65.028	−0.018%	$5.3M	$10.7M	25x	as long as short
Aftermath Perps XAGUSD	+0.0201%	1h	65.008	−0.049%	$78K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.025	−0.023%	$92K	—	111x	as long as short
Hibachi XAG/USDT-Pshort	+0.0240%	1h	64.995	−0.069%	$20K	$15K	10x
Bullet SILVER-USD	+0.0311%	1h	65.047	+0.011%	$44K	$75K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0365%	1h	65.003	−0.057%	$1.0M	$869K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0366%	1h	65.010	−0.046%	$66K	$401K	20x	as long as short