Funding you earn now, next payment 04:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.042%
Price spread now: Hibachi against Binance−0.060%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Hibachi is 0.060% cheaper against Binance than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 28 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAGUSDT | 66.090 | 0.0212 | pay 0.0106% / 4h | 11m 09s | $192.7M | $700.3M | 100x |
| Short | Hibachi XAG/USDT-P | 66.050 | 0.0384 | get 0.0048% / 1h | 11m 09s | $20K | $19K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Binance. 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
- $36.14
- Price spread: −0.060% → 0.000%
- −$6.02
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $11.11
- Costs to cover
- 0.190%
- Break-even
- 4.8 days
Slippage unknown: Binance: live order book, 3 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 Binance live order book, 3 min ago | 0.76 bp | 5.8 bp −$6 | 5.8 bp −$58 | 7.7 bp −$768 | 20.2 bp −$10.1K |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.018 | −0.109% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.100 | +0.015% | $150.1M | $163.7M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.090 | 0.000% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.120 | +0.046% | $1.0M | $968K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.120 | +0.046% | $1.5M | $317K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.001 | −0.134% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.073 | −0.025% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.000 | −0.136% | $5.2M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.469% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.060 | −0.045% | $795K | $3.1M | 40x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | +0.0042% | 1h | 65.950 | −0.212% | $5.7M | $9.6M | 25x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.491 | +0.607% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 66.027 | −0.095% | $35K | $21K | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.035 | −0.083% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.004 | −0.130% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.060 | −0.045% | $115K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.025 | −0.098% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0071% | 24h | 66.031 | −0.089% | $547K | $25.4M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.005 | −0.128% | $470K | $615K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.040 | −0.075% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.060 | −0.045% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0126% | 1h | 66.054 | −0.054% | $165.9M | $74.3M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.061 | −0.044% | $1.3M | $4.5M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0140% | 8h | 66.056 | −0.050% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0143% | 4h | 66.068 | −0.032% | $2.7M | $868K | 100x | as long as short |
| Bybit XAGUSDT | +0.0168% | 4h | 66.110 | +0.031% | $27.1M | $36.1M | 150x | as long as short |
| Lighter XAG | +0.0184% | 1h | 66.076 | −0.020% | $5.2M | $10.7M | 25x | as long as short |
| Aevo XAG-PERP | +0.0192% | 1h | 66.072 | −0.027% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.020 | −0.106% | $1.8M | $1.0M | 20x | as long as short |
| Variational Omni XAG | +0.0204% | 4h | 66.063 | −0.041% | $5.6M | $9.5M | — | as long as short |
| MEXC SILVER_USDT | +0.0210% | 4h | 66.080 | −0.015% | $110.6M | $153.0M | 1000x | as long as short |
| BloFin XAG-USDT | +0.0212% | 4h | 66.120 | +0.046% | $2.6M | $554K | 100x | as long as short |
| Binance XAGUSDTlong | +0.0212% | 4h | 66.090 | long leg | $192.7M | $700.3M | 100x | |
| Nado XAG-PERP | +0.0212% | 1h | 66.014 | −0.114% | $1.4M | $6.5M | 10x | as long as short |
| edgeX XAGUSDC | +0.0222% | 4h | 66.092 | +0.004% | $671K | $313K | 30x | as long as short |
| Aftermath Perps XAGUSD | +0.0222% | 1h | 66.046 | −0.067% | $80K | $36K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0234% | 8h | 66.080 | −0.015% | $27.7M | $65.0M | 50x | as long as short |
| Bitget XAGUSDT | +0.0256% | 4h | 66.080 | −0.015% | $23.8M | $45.4M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0274% | 4h | 66.094 | +0.006% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0288% | 1h | 66.077 | −0.019% | $44K | $76K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0356% | 1h | 66.050 | −0.060% | $69K | $355K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0383% / S −0.0424% | 1h | 66.075 | −0.022% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-Pshort | +0.0384% | 1h | 66.050 | −0.060% | $20K | $19K | 10x | |
| Kraken Futures PF_XAGUSD | +0.0485% | 1h | 66.044 | −0.070% | $912K | $683K | 25x | as long as short |
Binance XAGUSDT
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-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
Lighter XAG
Coinbase International SILVER-PERP-INTX
Variational Omni XAG
MEXC SILVER_USDT
BloFin XAG-USDT
edgeX XAGUSDC
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD