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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0210%/8h= +23.0% APRnext payment +$0.26 per $10,000 · paid last 24h +0.064%
Price spread now: Hibachi against QFEX−0.015%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 4 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SILVER-USD66.3300.0062pay 0.0008% / 1h22m 45s$115K$2.7M20x
ShortHibachi XAG/USDT-P66.3200.0272get 0.0034% / 1h22m 45s$20K$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against QFEX. 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
$44.02
Price spread: −0.015% → 0.000%
−$1.51
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$23.51
Costs to cover
0.190%
Break-even
3.3 days
Slippage unknown: QFEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 5 min ago1.51 bp7.9 bp −$88.0 bp −$809.1 bp −$911doesn'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%1h66.272−0.087%$15K5xas long as short
Hotstuff SILVER-PERP0.0000%1h66.318−0.018%$35K$21K20xas long as short
Gate XAG_USDT0.0000%4h66.410+0.121%$150.4M$164.3M100xas long as short
SunX XAG-USDT0.0000%4h66.370+0.060%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.370+0.060%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.380+0.075%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.290−0.061%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.379+0.074%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.321−0.014%$5.3M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.106%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.340+0.015%$798K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.784+0.684%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.307−0.035%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.295−0.053%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.220−0.166%$5.7M$9.8M25xas long as short
QFEX SILVER-USDlong+0.0062%1h66.330long leg$115K$2.7M20x
Kalshi KXSILVERPERP+0.0065%24h66.314−0.024%$536K$24.6M8.1xas long as short
Phoenix SILVER+0.0084%1h66.308−0.033%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0097%1h66.357+0.041%$166.2M$73.5M25xas long as short
Pacifica XAG+0.0100%1h66.292−0.057%$472K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.340+0.015%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.320−0.015%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0133%8h66.335+0.007%$30K$1K5xas long as short
Aster XAGUSDT+0.0135%4h66.390+0.090%$2.7M$877K100xas long as short
Bybit XAGUSDT+0.0154%4h66.410+0.121%$26.9M$36.1M150xas long as short
Aevo XAG-PERP+0.0176%1h66.357+0.040%$48K10xas long as short
BloFin XAG-USDT+0.0181%4h66.340+0.015%$2.6M$553K100xas long as short
RISEx XAG/USDC+0.0181%1h66.343+0.020%$1.3M$4.5M20xas long as short
Variational Omni XAG+0.0184%4h66.321−0.013%$5.6M$9.8Mas long as short
Lighter XAG+0.0192%1h66.388+0.088%$5.3M$10.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.350+0.030%$1.9M$995K20xas long as short
Binance XAGUSDT+0.0196%4h66.399+0.104%$192.3M$705.0M100xas long as short
MEXC SILVER_USDT+0.0196%4h66.390+0.090%$105.9M$153.7M1000xas long as short
Nado XAG-PERP+0.0212%1h66.293−0.055%$1.3M$6.6M10xas long as short
edgeX XAGUSDC+0.0215%4h66.339+0.014%$673K$314K30xas long as short
OKX XAG-USDT-SWAP+0.0217%8h66.380+0.075%$27.8M$65.9M50xas long as short
Aftermath Perps XAGUSD+0.0233%1h66.307−0.035%$80K$37K10xas long as short
Bitget XAGUSDT+0.0246%4h66.400+0.106%$23.8M$45.8M100xas long as short
GRVT XAG_USDT_Perp+0.0268%4h66.347+0.026%$402K$1.5M25xas long as short
Hibachi XAG/USDT-Pshort+0.0272%1h66.320−0.015%$20K$19K10x
Bullet SILVER-USD+0.0279%1h66.362+0.049%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0352% / S −0.0374%1h66.365+0.053%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0353%1h66.360+0.045%$50K$322K20xas long as short
Kraken Futures PF_XAGUSD+0.0549%1h66.322−0.012%$915K$671K25xas long as short