Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0174%/8h= +19.1% APRnext payment +$0.22 per $10,000 · paid last 24h +0.068%
Price spread now: Hibachi against SoDEX+0.051%7-day average · you sell dearer than you buy
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 3 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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hibachi is 0.051% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SILVER-USD66.4460.0050pay 0.0006% / 1h23m 05s$4K$5K20x
ShortHibachi XAG/USDT-P66.4800.0224get 0.0028% / 1h23m 05s$20K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against SoDEX. 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
$36.54
Price spread: +0.051% → 0.000%
$5.12
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$24.66
Costs to cover
0.170%
Break-even
2.3 days
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell Hibachi no order-book sample
SoDEX and 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
dYdX XAG-USD0.0000%1h66.422−0.036%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.530+0.126%$25.7M$35.6M150xas long as short
Gate XAG_USDT0.0000%4h66.540+0.141%$155.0M$168.3M100xas long as short
SunX XAG-USDT0.0000%4h66.530+0.126%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.530+0.126%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.550+0.157%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.450+0.006%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.499+0.079%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.441−0.007%$5.4M$12.4M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.069%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.520+0.111%$800K$2.7M40xas long as short
BloFin XAG-USDT+0.0045%4h66.540+0.141%$2.6M$709K100xas long as short
Vest SI-PERP+0.0046%1h66.918+0.710%25xas long as short
Phoenix SILVER+0.0048%1h66.473+0.041%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.453+0.011%$3.9M$700K20xas long as short
SoDEX SILVER-USDlong+0.0050%1h66.446long leg$4K$5K20x
Ondo Perps XAG-USD.P+0.0050%1h66.350−0.144%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0051%1h66.460+0.021%$115K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0053%1h66.489+0.065%$165.4M$84.8M25xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.411−0.053%$562K$21.5M8.1xas long as short
Hotstuff SILVER-PERP+0.0064%1h66.419−0.041%$35K$21K20xas long as short
Aster XAGUSDT+0.0085%4h66.506+0.091%$2.8M$1.1M100xas long as short
Variational Omni XAG+0.0089%4h66.514+0.102%$5.6M$9.9Mas long as short
Paradex XAG-USD-PERP+0.0098%8h66.445−0.001%$30K$1K5xas long as short
Pacifica XAG+0.0100%1h66.407−0.059%$474K$623K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.470+0.036%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.480+0.051%$126K$24K50xas long as short
Binance XAGUSDT+0.0100%4h66.540+0.141%$192.6M$722.7M100xas long as short
MEXC SILVER_USDT+0.0102%4h66.520+0.111%$108.7M$160.3M1000xas long as short
Aevo XAG-PERP+0.0104%1h66.497+0.077%$48K10xas long as short
edgeX XAGUSDC+0.0112%4h66.508+0.094%$675K$314K30xas long as short
Lighter XAG+0.0120%1h66.504+0.088%$5.4M$10.5M25xas long as short
GRVT XAG_USDT_Perp+0.0138%4h66.523+0.116%$391K$1.5M25xas long as short
RISEx XAG/USDC+0.0148%1h66.464+0.028%$1.2M$4.2M20xas long as short
Nado XAG-PERP+0.0169%1h66.416−0.045%$1.3M$6.5M10xas long as short
Bitget XAGUSDT+0.0172%4h66.520+0.111%$24.5M$47.9M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.460+0.021%$1.9M$930K20xas long as short
OKX XAG-USDT-SWAP+0.0191%8h66.530+0.126%$27.9M$67.3M50xas long as short
Aftermath Perps XAGUSD+0.0198%1h66.468+0.034%$80K$39K10xas long as short
Hibachi XAG/USDT-Pshort+0.0224%1h66.480+0.051%$20K$22K10x
Bullet SILVER-USD+0.0227%1h66.517+0.107%$45K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.525+0.119%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.500+0.081%$50K$336K20xas long as short
Kraken Futures PF_XAGUSD+0.0489%1h66.469+0.035%$764K$565K25xas long as short