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−0.0322%/8h= −35.2% APRnext payment $0.40 per $10,000 · paid last 24h −0.060%
Price spread now: QFEX against Hibachi+0.061%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 · farm boardneeds both histories
The price spread pays, funding is against you. QFEX is 0.061% dearer against Hibachi than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi XAG/USDT-P66.0800.0376pay 0.0047% / 1h33m 53s$20K$19K10x
ShortQFEX SILVER-USD66.1200.0054get 0.0007% / 1h33m 53s$115K$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$67.57
Price spread: +0.061% → 0.000%
$6.05
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$80.52
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; QFEX: live order book, 4 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 QFEX live order book, 4 min ago1.51 bp9.4 bp −$99.5 bp −$959.6 bp −$964doesn'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%1h66.022−0.087%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.150+0.106%$150.1M$163.2M100xas long as short
SunX XAG-USDT0.0000%4h66.140+0.091%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.160+0.121%$1.0M$978K75xas long as short
Phemex XAGUSDT0.0000%4h66.130+0.076%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.056−0.036%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.108+0.042%$4.7M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.063−0.025%$5.2M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.484%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.110+0.045%$795K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.549+0.710%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.092+0.018%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.052−0.042%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.010−0.106%$5.7M$9.6M25xas long as short
QFEX SILVER-USDshort+0.0054%1h66.120+0.061%$115K$2.7M20x
Phoenix SILVER+0.0060%1h66.050−0.045%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0069%24h66.085+0.008%$518K$25.5M8.1xas long as short
Pacifica XAG+0.0100%1h66.068−0.018%$470K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.100+0.030%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.070−0.015%$113K$30K50xas long as short
Hotstuff SILVER-PERP+0.0120%1h66.074−0.009%$35K$21K20xas long as short
tradeXYZ xyz:SILVER+0.0133%1h66.095+0.023%$165.5M$74.0M25xas long as short
RISEx XAG/USDC+0.0137%1h66.124+0.066%$1.3M$4.5M20xas long as short
Aster XAGUSDT+0.0145%4h66.100+0.030%$2.7M$876K100xas long as short
Paradex XAG-USD-PERP+0.0151%8h66.120+0.060%$30K$1K5xas long as short
Bybit XAGUSDT+0.0159%4h66.160+0.121%$27.0M$36.1M150xas long as short
Nado XAG-PERP+0.0195%1h66.060−0.031%$1.3M$6.5M10xas long as short
Lighter XAG+0.0200%1h66.119+0.059%$5.2M$10.5M25xas long as short
Aevo XAG-PERP+0.0200%1h66.117+0.056%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.130+0.076%$1.8M$999K20xas long as short
BloFin XAG-USDT+0.0201%4h66.110+0.045%$2.6M$554K100xas long as short
Variational Omni XAG+0.0210%4h66.123+0.066%$5.6M$9.7Mas long as short
MEXC SILVER_USDT+0.0216%4h66.140+0.091%$109.2M$152.5M1000xas long as short
Binance XAGUSDT+0.0216%4h66.140+0.091%$192.8M$700.9M100xas long as short
edgeX XAGUSDC+0.0220%4h66.135+0.083%$671K$311K30xas long as short
Aftermath Perps XAGUSD+0.0230%1h66.091+0.016%$80K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0231%8h66.140+0.091%$27.8M$65.5M50xas long as short
Bitget XAGUSDT+0.0260%4h66.130+0.076%$23.8M$45.7M100xas long as short
GRVT XAG_USDT_Perp+0.0286%4h66.160+0.121%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0309%1h66.129+0.074%$45K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.100+0.030%$62K$348K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0376% / S −0.0410%1h66.135+0.083%$103K111xas long as short
Hibachi XAG/USDT-Plong+0.0376%1h66.080long leg$20K$19K10x
Kraken Futures PF_XAGUSD+0.0485%1h66.088+0.012%$912K$676K25xas long as short