Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0150%/8h= +16.5% APRpaid last 24h +0.031%

Price spread now: Hibachi against Aster+0.007%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Hibachi

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Hibachi: 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: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAGUSDT	65.590	0.0074	pay 0.0037% / 4h	55m 56s	$2.7M	$1.2M	100x
Short	Hibachi XAG/USDT-P	65.595	0.0224	get 0.0028% / 1h	55m 56s	$21K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee HibachibpOrdersPrice spread, now +0.007%Rate

Funding earned: $31.56
Price spread: +0.007% → 0.000%: $0.71
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $15.27
Costs to cover: 0.170%
Break-even: 3.6 days

Slippage unknown: Aster: live order book, 6 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 6 min ago	0.76 bp	4.8 bp −$5	7.5 bp −$75	22.1 bp −$2,209	doesn'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 exchanges

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
Hotstuff SILVER-PERP	−0.0104%	1h	65.591	+0.002%	$39K	$26K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.576	−0.022%	$13K	$8K	5x	as long as short
Ondo Perps XAG-USD.P	0.0000%	1h	65.530	−0.091%	$5.7M	$11.1M	25x	as long as short
RISEx XAG/USDC	0.0000%	1h	65.612	+0.034%	$1.3M	$5.4M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	65.580	−0.015%	$136.5M	$198.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.610	+0.030%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.620	+0.046%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.600	+0.015%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.528	−0.095%	$118K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.586	−0.007%	$4.6M	$9.5M	25x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.527	−0.096%	$5.1M	$11.9M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.506%	$11K	$240	52x	as long as short
Bybit XAGUSDT	+0.0039%	4h	65.600	+0.015%	$30.4M	$48.1M	150x	as long as short
StandX XAG-USD	+0.0040%	1h	65.640	+0.076%	$790K	$3.0M	40x	as long as short
QFEX SILVER-USD	+0.0042%	1h	65.600	+0.015%	$446K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	66.052	+0.704%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.579	−0.017%	$3.8M	$905K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.528	−0.095%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0052%	8h	65.588	−0.003%	$29K	—	5x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0055%	1h	65.560	−0.046%	$77K	$409K	20x	as long as short
Variational Omni XAG	+0.0061%	4h	65.748	+0.240%	$5.6M	$9.0M	—	as long as short
Aster XAGUSDTlong	+0.0074%	4h	65.590	long leg	$2.7M	$1.2M	100x
Binance XAGUSDT	+0.0077%	4h	65.580	−0.015%	$190.3M	$863.6M	100x	as long as short
MEXC SILVER_USDT	+0.0078%	4h	65.560	−0.046%	$114.2M	$162.7M	1000x	as long as short
Aevo XAG-PERP	+0.0088%	1h	65.576	−0.021%	$47K	—	10x	as long as short
tradeXYZ xyz:SILVER	+0.0090%	1h	65.564	−0.040%	$175.6M	$93.1M	25x	as long as short
Pacifica XAG	+0.0100%	1h	65.586	−0.006%	$463K	$520K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.540	−0.076%	$25.3M	$4.3M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.730	+0.213%	$112K	$19K	50x	as long as short
edgeX XAGUSDC	+0.0102%	4h	65.672	+0.126%	$670K	$316K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0102%	4h	65.762	+0.262%	$390K	$1.6M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.710	+0.183%	$1.6M	$1.9M	20x	as long as short
Kalshi KXSILVERPERP	+0.0107%	24h	65.588	−0.003%	$792K	$38.8M	8.1x	as long as short
Phoenix SILVER	+0.0122%	1h	65.734	+0.220%	$55K	$14K	25x	as long as short
Lighter XAG	+0.0128%	1h	65.582	−0.013%	$5.3M	$11.8M	25x	as long as short
Nado XAG-PERP	+0.0144%	1h	65.611	+0.033%	$1.2M	$3.4M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0178%	8h	65.590	0.000%	$27.8M	$85.8M	50x	as long as short
Bullet SILVER-USD	+0.0213%	1h	65.612	+0.034%	$45K	$73K	10x	as long as short
Bitget XAGUSDT	+0.0214%	4h	65.590	0.000%	$23.1M	$52.8M	100x	as long as short
Hibachi XAG/USDT-Pshort	+0.0224%	1h	65.595	+0.007%	$21K	$12K	10x
Aftermath Perps XAGUSD	+0.0225%	1h	65.645	+0.083%	$79K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0281% / S −0.0253%	1h	65.595	+0.008%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0316%	4h	65.670	+0.122%	$2.7M	$785K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0540%	1h	65.574	−0.024%	$1.0M	$943K	25x	as long as short