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: Hibachi against Lighter RH−0.100%7-day average · you buy dearer than you sell
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 airdropLighter RH: Points live · Hibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.100% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.100% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 23 hours of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XAG66.1260.0032pay 0.0004% / 1h33m 25s$4.7M$9.4M25x
ShortHibachi XAG/USDT-P66.0600.0376get 0.0047% / 1h33m 25s$20K$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Lighter RH. 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
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$53.24
Costs to cover
0.090%
Break-even
1.8 days
Slippage unknown: Lighter RH: live order book, 5 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 5 min ago1.44 bp1.5 bp −$22.6 bp −$2620.4 bp −$2,035doesn't fit
Sell Hibachi no order-book sample
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%1h66.022−0.157%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.170+0.066%$150.2M$163.2M100xas long as short
SunX XAG-USDT0.0000%4h66.140+0.021%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.160+0.051%$1.0M$978K75xas long as short
Phemex XAGUSDT0.0000%4h66.130+0.006%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.074−0.078%$121K250xas long as short
Lighter RH XAGlong+0.0032%1h66.126long leg$4.7M$9.4M25x
Extended XAG-USD+0.0032%1h66.077−0.074%$5.2M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.414%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.120−0.009%$795K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.573+0.676%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h66.114−0.018%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.115−0.017%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.052−0.112%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.020−0.160%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.140+0.021%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.080−0.070%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0069%24h66.085−0.062%$518K$25.5M8.1xas long as short
Pacifica XAG+0.0100%1h66.091−0.053%$470K$619K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.110−0.024%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.050−0.115%$113K$30K50xas long as short
tradeXYZ xyz:SILVER+0.0133%1h66.119−0.011%$165.5M$74.0M25xas long as short
RISEx XAG/USDC+0.0137%1h66.146+0.030%$1.3M$4.5M20xas long as short
Aster XAGUSDT+0.0145%4h66.105−0.033%$2.7M$876K100xas long as short
Paradex XAG-USD-PERP+0.0151%8h66.145+0.029%$30K$1K5xas long as short
Bybit XAGUSDT+0.0160%4h66.160+0.051%$27.0M$36.1M150xas long as short
Nado XAG-PERP+0.0196%1h66.092−0.052%$1.3M$6.5M10xas long as short
Lighter XAG+0.0200%1h66.131+0.008%$5.2M$10.5M25xas long as short
Aevo XAG-PERP+0.0200%1h66.140+0.021%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.130+0.006%$1.8M$999K20xas long as short
BloFin XAG-USDT+0.0201%4h66.110−0.024%$2.6M$554K100xas long as short
Variational Omni XAG+0.0210%4h66.123−0.004%$5.6M$9.7Mas long as short
MEXC SILVER_USDT+0.0216%4h66.150+0.036%$109.3M$152.5M1000xas long as short
Binance XAGUSDT+0.0216%4h66.150+0.036%$192.8M$700.8M100xas long as short
Aftermath Perps XAGUSD+0.0229%1h66.095−0.048%$80K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0231%8h66.160+0.051%$27.8M$65.5M50xas long as short
edgeX XAGUSDC+0.0235%4h66.098−0.042%$671K$312K30xas long as short
Bitget XAGUSDT+0.0260%4h66.150+0.036%$23.8M$45.7M100xas long as short
GRVT XAG_USDT_Perp+0.0282%4h66.121−0.008%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0309%1h66.163+0.056%$44K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.100−0.039%$62K$348K20xas long as short
Hibachi XAG/USDT-Pshort+0.0376%1h66.060−0.100%$20K$19K10x
GMX SILVER/USD [ETH-USDC]L +0.0376% / S −0.0411%1h66.155+0.044%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.088−0.058%$912K$676K25xas long as short