Funding you earn now, next payment 02:00 UTC+0.0125%/8h= +13.7% APRnext payment +$0.16 per $10,000 · paid last 24h +0.060%
Price spread now: Hibachi against tradeXYZ+0.096%7-day average — · you sell dearer than you buy
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 airdroptradeXYZ: Active · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hibachi is 0.096% dearer against tradeXYZ than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SILVER | 66.301 | 0.0099 | pay 0.0012% / 1h | 14m 45s | $165.8M | $76.1M | 25x |
| Short | Hibachi XAG/USDT-P | 66.365 | 0.0224 | get 0.0028% / 1h | 14m 45s | $20K | $22K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against tradeXYZ. 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
- $26.29
- Price spread: +0.096% → 0.000%
- $9.62
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $8.91
- Costs to cover
- 0.270%
- Break-even
- 4.6 days
Slippage unknown: tradeXYZ: live order book, 5 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 tradeXYZ live order book, 5 min ago | 0.75 bp | 11.0 bp −$11 | 11.3 bp −$113 | 13.0 bp −$1,301 | 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 43 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 | 66.355 | +0.082% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.360 | +0.089% | $153.2M | $164.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.390 | +0.134% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.440 | +0.210% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.430 | +0.195% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.319 | +0.026% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0008% | 1h | 66.383 | +0.124% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.353 | +0.079% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.290 | −0.016% | $5.4M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.149% | $11K | $94K | 52x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.410 | +0.164% | $799K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.832 | +0.801% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.402 | +0.152% | $56K | $26K | 25x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.300 | −0.002% | $5.7M | $9.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.370 | +0.104% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.307 | +0.009% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.400 | +0.149% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0062% | 24h | 66.363 | +0.094% | $541K | $23.7M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.423 | +0.184% | $1.2M | $4.4M | 20x | as long as short |
| tradeXYZ xyz:SILVERlong | +0.0099% | 1h | 66.301 | long leg | $165.8M | $76.1M | 25x | |
| Pacifica XAG | +0.0100% | 1h | 66.366 | +0.098% | $472K | $606K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.330 | +0.044% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.380 | +0.119% | $126K | $23K | 50x | as long as short |
| Aster XAGUSDT | +0.0133% | 4h | 66.350 | +0.074% | $2.7M | $942K | 100x | as long as short |
| Bybit XAGUSDT | +0.0134% | 4h | 66.360 | +0.089% | $26.6M | $36.4M | 150x | as long as short |
| Paradex XAG-USD-PERP | +0.0136% | 8h | 66.410 | +0.164% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0166% | 4h | 66.373 | +0.108% | $5.5M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.379 | +0.118% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0178% | 4h | 66.350 | +0.074% | $102.7M | $158.6M | 1000x | as long as short |
| Binance XAGUSDT | +0.0180% | 4h | 66.350 | +0.074% | $192.2M | $706.4M | 100x | as long as short |
| edgeX XAGUSDC | +0.0184% | 4h | 66.421 | +0.181% | $674K | $315K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.410 | +0.164% | $1.9M | $971K | 20x | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.375 | +0.112% | $5.3M | $10.6M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0211% | 8h | 66.360 | +0.089% | $28.0M | $65.7M | 50x | as long as short |
| Nado XAG-PERP | +0.0224% | 1h | 66.371 | +0.105% | $1.3M | $6.5M | 10x | as long as short |
| Hibachi XAG/USDT-Pshort | +0.0224% | 1h | 66.365 | +0.096% | $20K | $22K | 10x | |
| Aftermath Perps XAGUSD | +0.0233% | 1h | 66.385 | +0.126% | $80K | $38K | 10x | as long as short |
| Bitget XAGUSDT | +0.0248% | 4h | 66.350 | +0.074% | $23.9M | $46.1M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0266% | 4h | 66.450 | +0.225% | $395K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0288% | 1h | 66.407 | +0.161% | $46K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0292% / S −0.0281% | 1h | 66.405 | +0.157% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.360 | +0.089% | $50K | $325K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0462% | 1h | 66.360 | +0.090% | $765K | $478K | 25x | as long as short |
tradeXYZ xyz:SILVER
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aster XAGUSDT
Bybit XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
Lighter XAG
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD