Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%
Price spread now: Hibachi against Coinbase International+0.143%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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hibachi is 0.143% dearer against Coinbase International than usual: you sell high and buy low: +$14 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 | Coinbase International SILVER-PERP-INTX | 66.410 | 0.0184 | pay 0.0023% / 1h | 59m 01s | $1.9M | $965K | 20x |
| Short | Hibachi XAG/USDT-P | 66.505 | 0.0288 | get 0.0036% / 1h | 59m 01s | $20K | $22K | 10x |
Coinbase International SILVER-PERP-INTX
Hibachi XAG/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Coinbase International. 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
- $21.84
- Price spread: +0.143% → 0.000%
- $14.26
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $17.1
- Costs to cover
- 0.190%
- Break-even
- 1.5 days
Slippage unknown: Coinbase International: 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 Coinbase International live order book, 5 min ago | 2.26 bp | 7.3 bp −$7 | 8.2 bp −$82 | doesn't fit | 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 | 66.475 | +0.099% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.450 | +0.060% | $25.5M | $35.7M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.390 | −0.030% | $154.3M | $159.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.410 | 0.000% | $2K | $2.9M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.460 | +0.075% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.430 | +0.030% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.355 | −0.083% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.378 | −0.048% | $4.8M | $9.3M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.372 | −0.057% | $5.4M | $12.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.015% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
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 PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.530 | +0.181% | $801K | $2.8M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.901 | +0.739% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 66.518 | +0.163% | $35K | $21K | 20x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.507 | +0.146% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.429 | +0.029% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.339 | −0.107% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.380 | −0.045% | $5.7M | $9.5M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.470 | +0.090% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.410 | 0.000% | $583K | $22.6M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0078% | 1h | 66.361 | −0.074% | $165.5M | $85.1M | 25x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.496 | +0.130% | $1.2M | $4.2M | 20x | as long as short |
| Aster XAGUSDT | +0.0097% | 4h | 66.390 | −0.030% | $2.7M | $1.0M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.484 | +0.111% | $474K | $611K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.400 | −0.015% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.530 | +0.181% | $127K | $24K | 50x | as long as short |
| Variational Omni XAG | +0.0108% | 4h | 66.543 | +0.201% | $5.6M | $9.8M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0112% | 8h | 66.511 | +0.153% | $30K | $1K | 5x | as long as short |
| Bullet SILVER-USD | +0.0121% | 1h | 66.440 | +0.045% | $45K | $76K | 10x | as long as short |
| MEXC SILVER_USDT | +0.0122% | 4h | 66.430 | +0.030% | $108.4M | $155.7M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0123% | 4h | 66.552 | +0.214% | $675K | $315K | 30x | as long as short |
| Binance XAGUSDT | +0.0124% | 4h | 66.432 | +0.033% | $193.2M | $720.4M | 100x | as long as short |
| Lighter XAG | +0.0128% | 1h | 66.400 | −0.015% | $5.3M | $10.3M | 25x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 66.395 | −0.023% | $48K | — | 10x | as long as short |
| BloFin XAG-USDT | +0.0169% | 4h | 66.450 | +0.060% | $2.6M | $686K | 100x | as long as short |
| Coinbase International SILVER-PERP-INTXlong | +0.0184% | 1h | 66.410 | long leg | $1.9M | $965K | 20x | |
| Nado XAG-PERP | +0.0188% | 1h | 66.409 | −0.002% | $1.3M | $6.5M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0193% | 8h | 66.440 | +0.045% | $27.9M | $66.7M | 50x | as long as short |
| GRVT XAG_USDT_Perp | +0.0194% | 4h | 66.551 | +0.212% | $402K | $1.5M | 25x | as long as short |
| Bitget XAGUSDT | +0.0196% | 4h | 66.430 | +0.030% | $24.6M | $46.6M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0208% | 1h | 66.478 | +0.103% | $80K | $39K | 10x | as long as short |
| Hibachi XAG/USDT-Pshort | +0.0288% | 1h | 66.505 | +0.143% | $20K | $22K | 10x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.415 | +0.008% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.380 | −0.045% | $50K | $331K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0462% | 1h | 66.392 | −0.026% | $766K | $562K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Hotstuff SILVER-PERP
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
Bullet SILVER-USD
MEXC SILVER_USDT
edgeX XAGUSDC
Binance XAGUSDT
Lighter XAG
Aevo XAG-PERP
BloFin XAG-USDT
Nado XAG-PERP
OKX XAG-USDT-SWAP
GRVT XAG_USDT_Perp
Bitget XAGUSDT
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD