XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.007%

Price spread now: Hibachi against Bullet−0.163%7-day average — · you buy dearer than you sell

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

Long on Bullet Short on Hibachi

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 days—no 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 0.163% cheaper against Bullet than usual: you would sell low and buy high (spread −0.163% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 6.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SILVER-USD	66.030	0.0234	pay 0.0029% / 1h	37m 21s	$44K	$76K	10x
Short	Hibachi XAG/USDT-P	65.922	0.0320	get 0.0040% / 1h	37m 21s	$20K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Bullet. 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 BulletbpFee HibachibpOrdersPrice spread, now −0.163%Rate

Funding earned: $18.04
Price spread: −0.163% → 0.000%: −$16.35
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: −$15.31
Costs to cover: 0.170%
Break-even: 12.9 days

Slippage unknown: Bullet: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bullet no order-book sample	—	—	—	—	—
Sell Hibachi no order-book sample	—	—	—	—	—

Bullet 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	−0.0046%	1h	65.880	−0.227%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.934	−0.146%	$14K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.040	+0.015%	$149.6M	$163.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.980	−0.076%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.010	−0.030%	$1.0M	$966K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.990	−0.061%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.974	−0.085%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.986	−0.066%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.937	−0.141%	$5.1M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.560%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	65.980	−0.076%	$794K	$3.1M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.433	+0.610%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	65.963	−0.101%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.974	−0.085%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.920	−0.167%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0051%	1h	65.994	−0.055%	$166.1M	$73.5M	25x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.000	−0.045%	$114K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	65.942	−0.133%	$540K	$25.9M	8.1x	as long as short
Phoenix SILVER	+0.0073%	1h	65.926	−0.157%	$56K	$26K	25x	as long as short
RISEx XAG/USDC	+0.0080%	1h	65.995	−0.054%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.940	−0.137%	$469K	$612K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.970	−0.091%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.930	−0.151%	$113K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0107%	4h	66.040	+0.015%	$27.4M	$36.4M	150x	as long as short
Lighter XAG	+0.0112%	1h	65.984	−0.070%	$5.2M	$10.6M	25x	as long as short
Paradex XAG-USD-PERP	+0.0113%	8h	65.986	−0.066%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0137%	4h	66.009	−0.032%	$2.7M	$871K	100x	as long as short
Nado XAG-PERP	+0.0181%	1h	65.957	−0.111%	$1.4M	$5.8M	10x	as long as short
Aevo XAG-PERP	+0.0184%	1h	66.010	−0.030%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0188%	4h	65.963	−0.101%	$5.6M	$9.4M	—	as long as short
MEXC SILVER_USDT	+0.0200%	4h	66.010	−0.030%	$112.8M	$152.2M	1000x	as long as short
GRVT XAG_USDT_Perp	+0.0200%	4h	65.987	−0.064%	$394K	$1.5M	25x	as long as short
Binance XAGUSDT	+0.0200%	4h	66.030	0.000%	$191.2M	$702.4M	100x	as long as short
BloFin XAG-USDT	+0.0204%	4h	66.000	−0.045%	$2.6M	$556K	100x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	65.960	−0.106%	$75K	$363K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.121%	$1.8M	$1.0M	20x	as long as short
Aftermath Perps XAGUSD	+0.0213%	1h	65.952	−0.118%	$79K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0213%	4h	65.976	−0.081%	$669K	$311K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0232%	8h	66.020	−0.015%	$27.7M	$64.8M	50x	as long as short
Bullet SILVER-USDlong	+0.0234%	1h	66.030	long leg	$44K	$76K	10x
Bitget XAGUSDT	+0.0240%	4h	66.030	0.000%	$23.9M	$45.3M	100x	as long as short
Hibachi XAG/USDT-Pshort	+0.0320%	1h	65.922	−0.163%	$20K	$19K	10x
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	66.035	+0.008%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	65.952	−0.118%	$910K	$683K	25x	as long as short