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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.067%
Price spread now: Hibachi against Gate−0.356%7-day average · you buy dearer than you sell
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 airdropHibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.356% cheaper against Gate than usual: you would sell low and buy high (spread −0.356% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$36 on $10k: about 12 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XAG_USDT65.7100.0040pay 0.0020% / 4h2h 09m$145.2M$179.9M100x
ShortHibachi XAG/USDT-P65.4760.0136get 0.0017% / 1h9m 58s$20K$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Gate. 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
$20.16
Price spread: −0.356% → 0.000%
−$35.64
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$39.48
Costs to cover
0.240%
Break-even
20.7 days
Slippage unknown: Gate: 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 Gate live order book, 4 min ago0.76 bp8.3 bp −$89.6 bp −$9612.9 bp −$1,29515.6 bp −$7,812
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%1h65.576−0.204%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.690−0.030%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.7100.000%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.690−0.030%$1.5M$280K100xas long as short
Ondo Perps XAG-USD.P+0.0001%1h65.560−0.228%$5.6M$9.7M25xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.616−0.143%$119K250xas long as short
RISEx XAG/USDC+0.0030%1h65.662−0.073%$1.2M$4.9M20xas long as short
Lighter RH XAG+0.0032%1h65.671−0.059%$4.7M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.639−0.109%$5.1M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.050%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h65.418−0.444%$56K$26K25xas long as short
Gate XAG_USDTlong+0.0040%4h65.710long leg$145.2M$179.9M100x
StandX XAG-USD+0.0040%1h65.570−0.213%$789K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.068+0.545%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.627−0.126%$3.9M$710K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.636−0.113%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.630−0.122%$157K$2.8M20xas long as short
Hotstuff SILVER-PERP+0.0056%1h65.607−0.157%$35K$21K20xas long as short
Paradex XAG-USD-PERP+0.0064%8h65.616−0.144%$29K$1K5xas long as short
Kalshi KXSILVERPERP+0.0076%24h65.640−0.107%$450K$28.9M8.1xas long as short
tradeXYZ xyz:SILVER+0.0081%1h65.659−0.078%$171.1M$82.7M25xas long as short
Aster XAGUSDT+0.0088%4h65.680−0.046%$2.7M$944K100xas long as short
Pacifica XAG+0.0100%1h65.585−0.190%$468K$626K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.660−0.076%$24.7M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.400−0.472%$112K$23K50xas long as short
Bybit XAGUSDT+0.0125%4h65.700−0.015%$28.9M$38.9M150xas long as short
Variational Omni XAG+0.0127%4h65.584−0.192%$5.5M$9.5Mas long as short
Lighter XAG+0.0128%1h65.691−0.030%$5.3M$11.2M25xas long as short
Hibachi XAG/USDT-Pshort+0.0136%1h65.476−0.356%$20K$19K10x
Aevo XAG-PERP+0.0136%1h65.678−0.049%$47K10xas long as short
Binance XAGUSDT+0.0138%4h65.690−0.030%$189.4M$744.8M100xas long as short
MEXC SILVER_USDT+0.0138%4h65.680−0.046%$123.8M$161.7M1000xas long as short
Nado XAG-PERP+0.0155%1h65.582−0.194%$1.3M$5.5M10xas long as short
edgeX XAGUSDC+0.0158%4h65.443−0.407%$666K$311K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.530−0.274%$1.6M$1.3M20xas long as short
GRVT XAG_USDT_Perp+0.0204%4h65.430−0.426%$397K$1.5M25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0207%1h65.680−0.046%$66K$368K20xas long as short
Aftermath Perps XAGUSD+0.0208%1h65.471−0.364%$79K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0216%8h65.700−0.015%$28.0M$70.2M50xas long as short
Bitget XAGUSDT+0.0216%4h65.700−0.015%$23.8M$46.3M100xas long as short
Bullet SILVER-USD+0.0245%1h65.681−0.044%$43K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0366% / S −0.0361%1h65.675−0.053%$93K111xas long as short
BloFin XAG-USDT+0.0379%4h65.610−0.152%$2.6M$622K100xas long as short
Kraken Futures PF_XAGUSD+0.0469%1h65.657−0.080%$916K$735K25xas long as short