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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0139%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h +0.017%
Price spread now: Hibachi against Nado−0.052%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Hibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.052% cheaper against Nado than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 30 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XAG-PERP65.9570.0181pay 0.0023% / 1h37m 08s$1.4M$5.8M10x
ShortHibachi XAG/USDT-P65.9220.0320get 0.0040% / 1h37m 08s$20K$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Nado. 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
$29.09
Price spread: −0.052% → 0.000%
−$5.24
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$7.85
Costs to cover
0.160%
Break-even
5.1 days
Slippage unknown: Nado: live order book, 2 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 Nado live order book, 2 min ago0.08 bp3.6 bp −$47.1 bp −$71doesn't fitdoesn'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
Ondo Perps XAG-USD.P−0.0046%1h65.880−0.116%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.934−0.035%$14K5xas long as short
Gate XAG_USDT0.0000%4h66.040+0.126%$149.6M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h66.020+0.096%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.050+0.142%$1.0M$966K75xas long as short
Phemex XAGUSDT0.0000%4h66.030+0.111%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.974+0.026%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.017+0.091%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.964+0.011%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.672%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.980+0.035%$794K$3.1M40xas long as short
Vest SI-PERP+0.0046%1h66.433+0.722%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.963+0.010%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.974+0.026%$3.9M$674K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.965+0.013%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0051%1h65.994+0.057%$166.1M$73.5M25xas long as short
QFEX SILVER-USD+0.0060%1h66.000+0.066%$114K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0073%24h65.988+0.048%$540K$25.9M8.1xas long as short
Phoenix SILVER+0.0073%1h65.926−0.046%$56K$26K25xas long as short
RISEx XAG/USDC+0.0080%1h65.995+0.057%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.940−0.026%$469K$612K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.000+0.066%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.930−0.040%$113K$30K50xas long as short
Bybit XAGUSDT+0.0107%4h66.040+0.126%$27.4M$36.4M150xas long as short
Lighter XAG+0.0112%1h66.024+0.102%$5.2M$10.6M25xas long as short
Paradex XAG-USD-PERP+0.0113%8h65.986+0.045%$30K$1K5xas long as short
Aster XAGUSDT+0.0137%4h66.018+0.093%$2.7M$871K100xas long as short
BloFin XAG-USDT+0.0171%4h66.020+0.096%$2.6M$562K100xas long as short
Nado XAG-PERPlong+0.0181%1h65.957long leg$1.4M$5.8M10x
Aevo XAG-PERP+0.0184%1h66.010+0.081%$47K10xas long as short
Variational Omni XAG+0.0188%4h65.963+0.010%$5.6M$9.4Mas long as short
MEXC SILVER_USDT+0.0200%4h66.030+0.111%$112.8M$152.2M1000xas long as short
GRVT XAG_USDT_Perp+0.0200%4h65.987+0.047%$394K$1.5M25xas long as short
Binance XAGUSDT+0.0200%4h66.030+0.111%$191.2M$702.5M100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h66.010+0.081%$75K$363K20xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.950−0.010%$1.8M$1.0M20xas long as short
Aftermath Perps XAGUSD+0.0213%1h65.952−0.007%$79K$36K10xas long as short
edgeX XAGUSDC+0.0213%4h65.976+0.030%$669K$311K30xas long as short
OKX XAG-USDT-SWAP+0.0232%8h66.040+0.126%$27.7M$64.8M50xas long as short
Bullet SILVER-USD+0.0234%1h66.030+0.111%$44K$76K10xas long as short
Bitget XAGUSDT+0.0240%4h66.030+0.111%$23.9M$45.3M100xas long as short
Hibachi XAG/USDT-Pshort+0.0320%1h65.922−0.052%$20K$19K10x
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h66.035+0.119%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h65.989+0.049%$911K$683K25xas long as short