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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0200%/8h= −21.9% APRnext payment $0.25 per $10,000 · paid last 24h −0.071%
Price spread now: Hotstuff against Hibachi+0.246%7-day average · you sell dearer than you buy
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 4 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 · Hotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.246% dearer against Hibachi than usual: you sell high and buy low (spread +0.246% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XAG/USDT-P65.4020.0248pay 0.0031% / 1h6m 10s$21K$12K10x
ShortHotstuff SILVER-PERP65.5630.0048get 0.0006% / 1h6m 10s$36K$23K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Hibachi. 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
−$42
Price spread: +0.246% → 0.000%
$24.59
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$31.41
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Hibachi: no order-book sample; Hotstuff: 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 Hibachi no order-book sample
Sell Hotstuff no order-book sample
Hibachi and Hotstuff: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP−0.0220%1h64.602−1.223%$11K$24052xas long as short
Ondo Perps XAG-USD.P−0.0002%1h65.460+0.088%$5.7M$10.6M25xas long as short
dYdX XAG-USD0.0000%1h65.488+0.131%$12K$7K5xas long as short
Gate XAG_USDT0.0000%4h65.580+0.272%$139.0M$201.5M100xas long as short
SunX XAG-USDT0.0000%4h65.650+0.379%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.570+0.257%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.650+0.379%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.611+0.320%$118K250xas long as short
Lighter RH XAG+0.0032%1h65.645+0.372%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.494+0.140%$5.1M$11.8M10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.400−0.003%$787K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.966+0.862%25xas long as short
Hotstuff SILVER-PERPshort+0.0048%1h65.563+0.246%$36K$23K20x
Polymarket Perps SILVER-USD+0.0050%1h65.518+0.177%$3.8M$894K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.546+0.220%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0058%8h65.551+0.227%$29K$1665xas long as short
QFEX SILVER-USD+0.0062%1h65.540+0.211%$445K$1.4M20xas long as short
Coinbase International SILVER-PERP-INTX+0.0088%1h65.600+0.302%$1.6M$1.8M20xas long as short
Kalshi KXSILVERPERP+0.0097%24h65.591+0.289%$690K$38.0M8.1xas long as short
Pacifica XAG+0.0100%1h65.519+0.178%$466K$572K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.530+0.195%$25.3M$4.6M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.400−0.003%$112K$19K50xas long as short
Variational Omni XAG+0.0101%4h65.440+0.058%$5.7M$9.2Mas long as short
Phoenix SILVER+0.0110%1h65.406+0.006%$55K$13K25xas long as short
tradeXYZ xyz:SILVER+0.0120%1h65.531+0.197%$174.4M$93.3M25xas long as short
Aevo XAG-PERP+0.0128%1h65.558+0.239%$47K10xas long as short
MEXC SILVER_USDT+0.0130%4h65.550+0.226%$121.3M$168.3M1000xas long as short
Binance XAGUSDT+0.0131%4h65.638+0.360%$193.6M$846.2M100xas long as short
Aster XAGUSDT+0.0134%4h65.622+0.336%$2.7M$1.1M100xas long as short
edgeX XAGUSDC+0.0135%4h65.446+0.067%$667K$314K30xas long as short
Nado XAG-PERP+0.0174%1h65.511+0.167%$1.2M$3.7M10xas long as short
GRVT XAG_USDT_Perp+0.0184%4h65.455+0.080%$395K$1.6M25xas long as short
Lighter XAG+0.0200%1h65.654+0.386%$5.1M$11.8M25xas long as short
RISEx XAG/USDC+0.0206%1h65.563+0.245%$1.2M$4.9M20xas long as short
Bybit XAGUSDT+0.0207%4h65.580+0.272%$30.6M$47.0M150xas long as short
OKX XAG-USDT-SWAP+0.0214%8h65.570+0.257%$28.1M$83.5M50xas long as short
Aftermath Perps XAGUSD+0.0216%1h65.446+0.067%$79K$37K10xas long as short
Hibachi XAG/USDT-Plong+0.0248%1h65.402long leg$21K$12K10x
Bitget XAGUSDT+0.0252%4h65.590+0.287%$23.2M$51.3M100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0265% / S −0.0231%1h65.455+0.081%$93K111xas long as short
Bullet SILVER-USD+0.0276%1h65.573+0.261%$44K$74K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0361%1h65.550+0.226%$77K$411K20xas long as short
BloFin XAG-USDT+0.0370%4h65.560+0.241%$2.7M$760K100xas long as short
Kraken Futures PF_XAGUSD+0.0773%1h65.573+0.261%$1.0M$939K25xas long as short