Funding you earn now, next payment 10:00 UTC+0.0476%/8h= +52.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.044%
Price spread now: Hibachi against Injective+1.393%53s7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Hibachi is 1.393% dearer against Injective than usual: you sell high and buy low: +$139 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XAG/USDC PERP | 64.602 | −0.0220 | get 0.0028% / 1h | 1m 53s | $11K | $240 | 52x |
| Short | Hibachi XAG/USDT-P | 65.502 | 0.0256 | get 0.0032% / 1h | 1m 53s | $21K | $12K | 10x |
Injective XAG/USDC PERP
Hibachi XAG/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Injective. 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
- $99.96
- Price spread: +1.393% → 0.000%
- $139.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $230.28
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Hibachi no order-book sample | — | — | — | — | — |
Injective 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −0.7240% | 1h | 65.679 | +1.667% | $36K | $23K | 20x | as long as short |
| Injective XAG/USDC PERPlong | −0.0220% | 1h | 64.602 | long leg | $11K | $240 | 52x | |
| Ondo Perps XAG-USD.P | −0.0008% | 1h | 65.490 | +1.375% | $5.7M | $10.8M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.697 | +1.695% | $13K | $8K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.580 | +1.514% | $138.7M | $204.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.590 | +1.529% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.680 | +1.669% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.580 | +1.514% | $1.5M | $253K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.512 | +1.409% | $118K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.575 | +1.507% | $4.5M | $9.8M | 25x | as long as short |
Hotstuff SILVER-PERP
Ondo Perps XAG-USD.P
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAGShow all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.502 | +1.394% | $5.1M | $11.8M | 10x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.580 | +1.514% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.039 | +2.224% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.556 | +1.477% | $3.8M | $894K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.512 | +1.409% | $3K | $6K | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0055% | 1h | 65.540 | +1.452% | $77K | $411K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0058% | 8h | 65.626 | +1.585% | $29K | $166 | 5x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 65.580 | +1.514% | $445K | $1.4M | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0088% | 1h | 65.690 | +1.684% | $1.6M | $1.9M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0098% | 24h | 65.648 | +1.619% | $708K | $38.6M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.651 | +1.624% | $467K | $572K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.550 | +1.467% | $25.4M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.620 | +1.576% | $112K | $19K | 50x | as long as short |
| Variational Omni XAG | +0.0104% | 4h | 65.650 | +1.622% | $5.7M | $9.2M | — | as long as short |
| Phoenix SILVER | +0.0110% | 1h | 65.625 | +1.584% | $55K | $13K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0118% | 1h | 65.528 | +1.433% | $174.4M | $93.8M | 25x | as long as short |
| Binance XAGUSDT | +0.0127% | 4h | 65.586 | +1.523% | $193.2M | $859.6M | 100x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 65.570 | +1.498% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0130% | 4h | 65.560 | +1.483% | $120.5M | $169.4M | 1000x | as long as short |
| Aster XAGUSDT | +0.0130% | 4h | 65.590 | +1.529% | $2.7M | $1.1M | 100x | as long as short |
| edgeX XAGUSDC | +0.0138% | 4h | 65.677 | +1.664% | $669K | $314K | 30x | as long as short |
| Nado XAG-PERP | +0.0172% | 1h | 65.578 | +1.512% | $1.2M | $3.7M | 10x | as long as short |
| Bybit XAGUSDT | +0.0177% | 4h | 65.620 | +1.576% | $30.4M | $47.9M | 150x | as long as short |
| GRVT XAG_USDT_Perp | +0.0182% | 4h | 65.613 | +1.564% | $396K | $1.5M | 25x | as long as short |
| Lighter XAG | +0.0192% | 1h | 65.567 | +1.495% | $5.1M | $12.0M | 25x | as long as short |
| RISEx XAG/USDC | +0.0206% | 1h | 65.618 | +1.572% | $1.2M | $4.9M | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0216% | 8h | 65.620 | +1.576% | $28.0M | $85.4M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0225% | 1h | 65.567 | +1.494% | $79K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0252% | 4h | 65.610 | +1.560% | $23.2M | $52.5M | 100x | as long as short |
| Hibachi XAG/USDT-Pshort | +0.0256% | 1h | 65.502 | +1.393% | $21K | $12K | 10x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0266% / S −0.0233% | 1h | 65.575 | +1.506% | $93K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0273% | 1h | 65.585 | +1.522% | $44K | $74K | 10x | as long as short |
| BloFin XAG-USDT | +0.0372% | 4h | 65.730 | +1.746% | $2.7M | $762K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0773% | 1h | 65.564 | +1.490% | $1.0M | $943K | 25x | as long as short |
Extended XAG-USD
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Paradex XAG-USD-PERP
QFEX SILVER-USD
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Phoenix SILVER
tradeXYZ xyz:SILVER
Binance XAGUSDT
Aevo XAG-PERP
MEXC SILVER_USDT
Aster XAGUSDT
edgeX XAGUSDC
Nado XAG-PERP
Bybit XAGUSDT
GRVT XAG_USDT_Perp
Lighter XAG
RISEx XAG/USDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
BloFin XAG-USDT
Kraken Futures PF_XAGUSD