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+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.038%
Price spread now: Hibachi against Aftermath Perps−0.044%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 3 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 0.044% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3.0 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XAGUSD66.7750.0176pay 0.0022% / 1h45m 23s$80K$40K10x
ShortHibachi XAG/USDT-P66.7460.0224get 0.0028% / 1h45m 23s$20K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Aftermath Perps. 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
$10.18
Price spread: −0.044% → 0.000%
−$4.38
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$12.2
Costs to cover
0.180%
Break-even
15.4 days
Slippage unknown: Aftermath Perps: no order-book sample; 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 Aftermath Perps no order-book sample
Sell Hibachi no order-book sample
Aftermath Perps and 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
Hotstuff SILVER-PERP−0.0032%1h66.754−0.031%$36K$21K20xas long as short
dYdX XAG-USD0.0000%1h66.743−0.047%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.800+0.038%$26.1M$35.3M150xas long as short
SunX XAG-USDT0.0000%4h66.820+0.068%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.810+0.053%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.790+0.023%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.734−0.062%$121K250xas long as short
Gate XAG_USDT+0.0004%4h66.790+0.023%$155.6M$166.2M100xas long as short
Lighter RH XAG+0.0032%1h66.787+0.019%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.732−0.064%$5.4M$13.2M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400−0.561%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.750−0.037%$803K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h67.235+0.689%25xas long as short
Phoenix SILVER+0.0048%1h66.733−0.063%$57K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h66.749−0.039%$166.1M$86.2M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.763−0.018%$3.9M$700K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.728−0.070%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.700−0.112%$5.7M$9.8M25xas long as short
QFEX SILVER-USD+0.0051%1h66.780+0.008%$115K$2.8M20xas long as short
Kalshi KXSILVERPERP+0.0060%24h66.747−0.042%$573K$21.9M8.1xas long as short
BloFin XAG-USDT+0.0060%4h66.810+0.053%$2.6M$692K100xas long as short
Lighter XAG+0.0072%1h66.791+0.025%$5.4M$10.4M25xas long as short
Paradex XAG-USD-PERP+0.0087%8h66.790+0.023%$30K$1K5xas long as short
Variational Omni XAG+0.0092%4h66.785+0.015%$5.6M$9.9Mas long as short
Aster XAGUSDT+0.0098%4h66.798+0.035%$2.8M$1.1M100xas long as short
Pacifica XAG+0.0100%1h66.744−0.046%$476K$629K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.760−0.022%$24.7M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.780+0.008%$127K$26K50xas long as short
Binance XAGUSDT+0.0102%4h66.790+0.023%$191.9M$725.0M100xas long as short
MEXC SILVER_USDT+0.0102%4h66.790+0.023%$108.6M$157.0M1000xas long as short
Aevo XAG-PERP+0.0104%1h66.782+0.011%$48K10xas long as short
edgeX XAGUSDC+0.0114%4h66.841+0.100%$678K$315K30xas long as short
GRVT XAG_USDT_Perp+0.0118%4h66.810+0.053%$397K$1.5M25xas long as short
Nado XAG-PERP+0.0136%1h66.757−0.027%$1.3M$6.5M10xas long as short
RISEx XAG/USDC+0.0148%1h66.803+0.042%$1.3M$4.2M20xas long as short
Bitget XAGUSDT+0.0164%4h66.800+0.038%$24.8M$48.6M100xas long as short
Aftermath Perps XAGUSDlong+0.0176%1h66.775long leg$80K$40K10x
Bullet SILVER-USD+0.0183%1h66.794+0.029%$45K$75K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.780+0.008%$1.9M$967K20xas long as short
OKX XAG-USDT-SWAP+0.0188%8h66.790+0.023%$28.2M$67.4M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0200%1h66.770−0.007%$51K$344K20xas long as short
Hibachi XAG/USDT-Pshort+0.0224%1h66.746−0.044%$20K$22K10x
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.795+0.030%$104K111xas long as short
Kraken Futures PF_XAGUSD+0.0487%1h66.755−0.029%$766K$589K25xas long as short