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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.067%
Price spread now: Hibachi against StandX−0.136%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 airdropStandX: Active · Hibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.136% cheaper against StandX than usual: you would sell low and buy high (spread −0.136% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 2.5 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAG-USD66.4100.0040pay 0.0005% / 1h13m 10s$799K$2.9M40x
ShortHibachi XAG/USDT-P66.3200.0224get 0.0028% / 1h13m 10s$20K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against StandX. 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
$38.64
Price spread: −0.136% → 0.000%
−$13.55
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$8.09
Costs to cover
0.170%
Break-even
5.5 days
Slippage unknown: StandX: live order book, 1 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 StandX live order book, 1 min ago3.02 bp7.0 bp −$713.0 bp −$13036.5 bp −$3,650doesn'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 43 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%1h66.296−0.172%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.320−0.136%$153.1M$164.5M100xas long as short
SunX XAG-USDT0.0000%4h66.330−0.120%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.350−0.090%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.370−0.060%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.249−0.243%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.304−0.159%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.248−0.243%$5.4M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.015%$11K$94K52xas long as short
StandX XAG-USDlong+0.0040%1h66.410long leg$799K$2.9M40x
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.762+0.530%25xas long as short
Ondo Perps XAG-USD.P+0.0047%1h66.220−0.286%$5.7M$9.6M25xas long as short
Phoenix SILVER+0.0048%1h66.297−0.170%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.286−0.187%$3.9M$669K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.247−0.245%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.310−0.151%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0062%24h66.304−0.160%$610K$24.1M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.330−0.120%$1.2M$4.4M20xas long as short
tradeXYZ xyz:SILVER+0.0099%1h66.278−0.199%$165.8M$76.2M25xas long as short
Pacifica XAG+0.0100%1h66.296−0.172%$472K$606K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.280−0.196%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.350−0.090%$126K$23K50xas long as short
Hotstuff SILVER-PERP+0.0112%1h66.316−0.142%$35K$21K20xas long as short
Bybit XAGUSDT+0.0131%4h66.350−0.090%$26.6M$36.4M150xas long as short
Aster XAGUSDT+0.0132%4h66.306−0.157%$2.7M$942K100xas long as short
Paradex XAG-USD-PERP+0.0137%8h66.338−0.109%$30K$1K5xas long as short
Variational Omni XAG+0.0166%4h66.373−0.056%$5.5M$9.8Mas long as short
Aevo XAG-PERP+0.0168%1h66.307−0.155%$48K10xas long as short
MEXC SILVER_USDT+0.0180%4h66.320−0.136%$102.7M$158.6M1000xas long as short
Binance XAGUSDT+0.0181%4h66.335−0.113%$192.1M$706.8M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.4100.000%$1.9M$971K20xas long as short
Lighter XAG+0.0192%1h66.315−0.143%$5.3M$10.6M25xas long as short
edgeX XAGUSDC+0.0197%4h66.404−0.008%$674K$315K30xas long as short
OKX XAG-USDT-SWAP+0.0212%8h66.350−0.090%$28.0M$65.7M50xas long as short
Hibachi XAG/USDT-Pshort+0.0224%1h66.320−0.136%$20K$22K10x
Nado XAG-PERP+0.0225%1h66.306−0.156%$1.3M$6.5M10xas long as short
Aftermath Perps XAGUSD+0.0237%1h66.322−0.132%$80K$38K10xas long as short
Bitget XAGUSDT+0.0248%4h66.330−0.120%$23.9M$46.1M100xas long as short
GRVT XAG_USDT_Perp+0.0266%4h66.378−0.048%$395K$1.5M25xas long as short
Bullet SILVER-USD+0.0287%1h66.329−0.122%$46K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.325−0.128%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0354%1h66.310−0.151%$50K$325K20xas long as short
Kraken Futures PF_XAGUSD+0.0463%1h66.275−0.204%$764K$478K25xas long as short