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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0344%/8h= −37.7% APRnext payment $0.43 per $10,000 · paid last 24h −0.064%
Price spread now: Lighter RH against Hibachi+0.100%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 5 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 · Lighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Lighter RH is 0.100% dearer against Hibachi than usual: you sell high and buy low (spread +0.100% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XAG/USDT-P66.0600.0376pay 0.0047% / 1h33m 24s$20K$19K10x
ShortLighter RH XAG66.1260.0032get 0.0004% / 1h33m 24s$4.7M$9.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
−$72.24
Price spread: +0.100% → 0.000%
$10.01
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$71.23
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Hibachi: no order-book sample; Lighter RH: live order book, 5 min ago. 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 Lighter RH live order book, 5 min ago1.44 bp1.5 bp −$12.0 bp −$2020.4 bp −$2,043doesn't fit
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
dYdX XAG-USD0.0000%1h66.022−0.057%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.170+0.167%$150.2M$163.2M100xas long as short
SunX XAG-USDT0.0000%4h66.140+0.121%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.160+0.151%$1.0M$978K75xas long as short
Phemex XAGUSDT0.0000%4h66.130+0.106%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.074+0.021%$121K250xas long as short
Lighter RH XAGshort+0.0032%1h66.126+0.100%$4.7M$9.4M25x
Extended XAG-USD+0.0032%1h66.077+0.026%$5.2M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.515%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.120+0.091%$795K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.573+0.777%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h66.114+0.082%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.115+0.083%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.052−0.012%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.020−0.061%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.140+0.121%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.080+0.030%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0069%24h66.085+0.038%$518K$25.5M8.1xas long as short
Pacifica XAG+0.0100%1h66.091+0.047%$470K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.110+0.076%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.050−0.015%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0133%1h66.119+0.089%$165.5M$74.0M25xas long as short
RISEx XAG/USDC+0.0137%1h66.146+0.130%$1.3M$4.5M20xas long as short
Aster XAGUSDT+0.0145%4h66.105+0.068%$2.7M$876K100xas long as short
Paradex XAG-USD-PERP+0.0151%8h66.145+0.129%$30K$1K5xas long as short
Bybit XAGUSDT+0.0160%4h66.160+0.151%$27.0M$36.1M150xas long as short
Nado XAG-PERP+0.0196%1h66.092+0.048%$1.3M$6.5M10xas long as short
Lighter XAG+0.0200%1h66.131+0.108%$5.2M$10.5M25xas long as short
Aevo XAG-PERP+0.0200%1h66.140+0.121%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.130+0.106%$1.8M$999K20xas long as short
BloFin XAG-USDT+0.0201%4h66.110+0.076%$2.6M$554K100xas long as short
Variational Omni XAG+0.0210%4h66.123+0.096%$5.6M$9.7Mas long as short
MEXC SILVER_USDT+0.0216%4h66.150+0.136%$109.3M$152.5M1000xas long as short
Binance XAGUSDT+0.0216%4h66.150+0.136%$192.8M$700.8M100xas long as short
Aftermath Perps XAGUSD+0.0229%1h66.095+0.052%$80K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0231%8h66.160+0.151%$27.8M$65.5M50xas long as short
edgeX XAGUSDC+0.0235%4h66.098+0.058%$671K$312K30xas long as short
Bitget XAGUSDT+0.0260%4h66.150+0.136%$23.8M$45.7M100xas long as short
GRVT XAG_USDT_Perp+0.0282%4h66.121+0.092%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0309%1h66.163+0.156%$44K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.100+0.061%$62K$348K20xas long as short
Hibachi XAG/USDT-Plong+0.0376%1h66.060long leg$20K$19K10x
GMX SILVER/USD [ETH-USDC]L +0.0376% / S −0.0411%1h66.155+0.144%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.088+0.042%$912K$676K25xas long as short