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+0.0256%/8h= +28.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.057%
Price spread now: Hibachi against Extended+0.054%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hibachi is 0.054% dearer against Extended 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
LongExtended XAG-USD66.4690.0032pay 0.0004% / 1h0m 25s$5.4M$12.5M10x
ShortHibachi XAG/USDT-P66.5050.0288get 0.0036% / 1h0m 25s$20K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Extended. 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
$53.76
Price spread: +0.054% → 0.000%
$5.44
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$45.2
Costs to cover
0.140%
Break-even
1.1 days
Slippage unknown: Extended: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago0.15 bp2.7 bp −$34.7 bp −$4714.0 bp −$1,405doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XAG-USD0.0000%1h66.475+0.010%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.540+0.107%$25.5M$35.7M150xas long as short
Gate XAG_USDT0.0000%4h66.530+0.092%$154.7M$169.6M100xas long as short
SunX XAG-USDT0.0000%4h66.560+0.138%$2K$2.9M20xas long as short
HTX XAG-USDT0.0000%4h66.590+0.183%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.550+0.122%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.467−0.002%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.534+0.099%$4.8M$9.6M25xas long as short
Extended XAG-USDlong+0.0032%1h66.469long leg$5.4M$12.5M10x
Injective XAG/USDC PERP+0.0033%1h66.400−0.103%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.590+0.183%$801K$2.8M40xas long as short
Vest SI-PERP+0.0046%1h66.972+0.757%25xas long as short
Phoenix SILVER+0.0048%1h66.507+0.058%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.499+0.046%$3.9M$700K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.475+0.010%$3K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.440−0.043%$5.7M$9.5M25xas long as short
QFEX SILVER-USD+0.0051%1h66.530+0.092%$115K$2.8M20xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.519+0.076%$566K$21.7M8.1xas long as short
tradeXYZ xyz:SILVER+0.0070%1h66.493+0.037%$165.9M$85.0M25xas long as short
Hotstuff SILVER-PERP+0.0072%1h66.514+0.068%$35K$21K20xas long as short
Aster XAGUSDT+0.0097%4h66.510+0.062%$2.8M$1.0M100xas long as short
Pacifica XAG+0.0100%1h66.484+0.023%$474K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.500+0.047%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.530+0.092%$127K$24K50xas long as short
Variational Omni XAG+0.0108%4h66.543+0.112%$5.6M$9.8Mas long as short
Paradex XAG-USD-PERP+0.0112%8h66.542+0.110%$30K$1K5xas long as short
Aevo XAG-PERP+0.0120%1h66.519+0.076%$48K10xas long as short
MEXC SILVER_USDT+0.0122%4h66.520+0.077%$108.9M$161.4M1000xas long as short
BloFin XAG-USDT+0.0122%4h66.590+0.183%$2.6M$683K100xas long as short
Binance XAGUSDT+0.0123%4h66.530+0.092%$193.5M$718.1M100xas long as short
edgeX XAGUSDC+0.0123%4h66.552+0.126%$675K$315K30xas long as short
Lighter XAG+0.0128%1h66.514+0.068%$5.4M$10.6M25xas long as short
RISEx XAG/USDC+0.0148%1h66.540+0.107%$1.3M$4.2M20xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.530+0.092%$1.9M$935K20xas long as short
Nado XAG-PERP+0.0188%1h66.502+0.050%$1.3M$6.5M10xas long as short
GRVT XAG_USDT_Perp+0.0190%4h66.559+0.135%$402K$1.5M25xas long as short
OKX XAG-USDT-SWAP+0.0195%8h66.540+0.107%$28.0M$66.8M50xas long as short
Bitget XAGUSDT+0.0196%4h66.530+0.092%$24.6M$47.5M100xas long as short
Aftermath Perps XAGUSD+0.0209%1h66.511+0.063%$80K$39K10xas long as short
Bullet SILVER-USD+0.0250%1h66.543+0.112%$45K$76K10xas long as short
Hibachi XAG/USDT-Pshort+0.0288%1h66.505+0.054%$20K$22K10x
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.535+0.100%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.530+0.092%$50K$336K20xas long as short
Kraken Futures PF_XAGUSD+0.0488%1h66.520+0.077%$765K$564K25xas long as short