Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.043%
Price spread now: edgeX against Hibachi+0.152%66s7-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 airdropHibachi: Active · edgeX: Active · farm boardneeds both histories
The price spread pays, funding is against you. edgeX is 0.152% dearer against Hibachi than usual: you sell high and buy low (spread +0.152% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi XAG/USDT-P | 66.320 | 0.0224 | pay 0.0028% / 1h | 14m 15s | $20K | $22K | 10x |
| Short | edgeX XAGUSDC | 66.421 | 0.0184 | get 0.0092% / 4h | 2h 14m | $674K | $315K | 30x |
Hibachi XAG/USDT-P
edgeX XAGUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Hibachi. 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
- −$8.45
- Price spread: +0.152% → 0.000%
- $15.25
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$11.21
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; edgeX: live order book, 55 min ago. 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 Hibachi no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 55 min ago | 2.25 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$916 | 21.4 bp −$10.7K |
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 | 66.296 | −0.036% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.380 | +0.090% | $153.3M | $164.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.360 | +0.060% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.400 | +0.121% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.410 | +0.136% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.299 | −0.031% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.366 | +0.069% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.301 | −0.028% | $5.4M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.121% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.410 | +0.136% | $799K | $2.9M | 40x | as long as short |
dYdX XAG-USD
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-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.793 | +0.713% | — | — | 25x | as long as short |
| Ondo Perps XAG-USD.P | +0.0048% | 1h | 66.230 | −0.136% | $5.7M | $9.6M | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.402 | +0.124% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.308 | −0.018% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.304 | −0.024% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.330 | +0.015% | $115K | $2.7M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 66.305 | −0.023% | $35K | $21K | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0062% | 24h | 66.342 | +0.033% | $609K | $23.8M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.337 | +0.025% | $1.2M | $4.4M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0099% | 1h | 66.320 | 0.000% | $165.9M | $76.2M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.284 | −0.054% | $472K | $606K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.300 | −0.030% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.380 | +0.090% | $126K | $23K | 50x | as long as short |
| Aster XAGUSDT | +0.0133% | 4h | 66.350 | +0.045% | $2.7M | $942K | 100x | as long as short |
| Bybit XAGUSDT | +0.0135% | 4h | 66.400 | +0.121% | $26.6M | $36.4M | 150x | as long as short |
| Paradex XAG-USD-PERP | +0.0136% | 8h | 66.330 | +0.016% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0166% | 4h | 66.373 | +0.079% | $5.5M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.358 | +0.058% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0180% | 4h | 66.360 | +0.060% | $102.7M | $158.6M | 1000x | as long as short |
| Binance XAGUSDT | +0.0181% | 4h | 66.370 | +0.075% | $192.2M | $706.2M | 100x | as long as short |
| edgeX XAGUSDCshort | +0.0184% | 4h | 66.421 | +0.152% | $674K | $315K | 30x | |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.410 | +0.136% | $1.9M | $971K | 20x | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.352 | +0.048% | $5.3M | $10.6M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0211% | 8h | 66.390 | +0.106% | $28.0M | $65.7M | 50x | as long as short |
| Hibachi XAG/USDT-Plong | +0.0224% | 1h | 66.320 | long leg | $20K | $22K | 10x | |
| Nado XAG-PERP | +0.0225% | 1h | 66.283 | −0.055% | $1.3M | $6.5M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0235% | 1h | 66.331 | +0.017% | $80K | $38K | 10x | as long as short |
| Bitget XAGUSDT | +0.0248% | 4h | 66.370 | +0.075% | $23.9M | $46.1M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0266% | 4h | 66.450 | +0.196% | $395K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0288% | 1h | 66.377 | +0.086% | $46K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.375 | +0.083% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0463% | 1h | 66.323 | +0.005% | $765K | $478K | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0504% | 1h | 66.370 | +0.075% | $50K | $325K | 20x | as long as short |
Vest SI-PERP
Ondo Perps XAG-USD.P
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Hotstuff SILVER-PERP
Kalshi KXSILVERPERP
RISEx XAG/USDC
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aster XAGUSDT
Bybit XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
Coinbase International SILVER-PERP-INTX
Lighter XAG
OKX XAG-USDT-SWAP
Nado XAG-PERP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD
Deribit SILVER_USDC-PERPETUAL