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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.025%
Price spread now: Hibachi against Variational Omni−0.267%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Hibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.267% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.267% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 4.0 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAG65.2270get 0.0000% / 4h7m 08s$5.5M$9.1M
ShortHibachi XAG/USDT-P65.0520.0224get 0.0028% / 1h7m 08s$20K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Variational Omni. 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
$47.04
Price spread: −0.267% → 0.000%
−$26.75
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$11.29
Costs to cover
0.090%
Break-even
5.3 days
Slippage unknown: Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 2 min ago2.58 bpdoesn't fit2.9 bp −$29doesn'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−0.0026%1h64.970−0.394%$5.7M$9.9M25xas long as short
Hotstuff SILVER-PERP−0.0024%1h65.035−0.294%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h64.997−0.353%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.100−0.194%$27.7M$39.1M150xas long as short
Variational Omni XAGlong0.0000%4h65.227long leg$5.5M$9.1M
SunX XAG-USDT0.0000%4h65.090−0.210%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.150−0.118%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.100−0.194%$1.5M$278K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.023−0.312%$118K250xas long as short
Gate XAG_USDT+0.0030%4h65.090−0.210%$140.2M$181.7M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.088−0.212%$4.6M$10.0M25xas long as short
Extended XAG-USD+0.0032%1h65.018−0.321%$5.0M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.799%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0034%4h65.080−0.225%$124.5M$162.6M1000xas long as short
Binance XAGUSDT+0.0034%4h65.090−0.210%$191.6M$755.9M100xas long as short
StandX XAG-USD+0.0040%1h65.110−0.179%$783K$3.0M40xas long as short
Aster XAGUSDT+0.0040%4h65.095−0.202%$2.7M$982K100xas long as short
QFEX SILVER-USD+0.0044%1h65.070−0.240%$170K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.493+0.408%25xas long as short
Aevo XAG-PERP+0.0048%1h65.077−0.230%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.041−0.285%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.025−0.309%$3K$6K20xas long as short
edgeX XAGUSDC+0.0050%4h65.251+0.037%$664K$312K30xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.054−0.264%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.076−0.231%$56K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0071%1h65.046−0.277%$172.9M$84.5M25xas long as short
Kalshi KXSILVERPERP+0.0080%24h65.055−0.263%$489K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.030−0.302%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.011−0.331%$463K$598K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.040−0.286%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.200−0.041%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.077−0.230%$1.3M$4.9M20xas long as short
BloFin XAG-USDT+0.0136%4h65.100−0.194%$2.7M$624K100xas long as short
GRVT XAG_USDT_Perp+0.0144%4h65.219−0.012%$394K$1.6M25xas long as short
Nado XAG-PERP+0.0155%1h65.031−0.300%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0162%4h65.090−0.210%$23.2M$44.9M100xas long as short
OKX XAG-USDT-SWAP+0.0173%8h65.080−0.225%$28.4M$70.4M50xas long as short
Lighter XAG+0.0184%1h65.094−0.204%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0194%1h65.101−0.192%$78K$37K10xas long as short
Hibachi XAG/USDT-Pshort+0.0224%1h65.052−0.267%$20K$16K10x
Bullet SILVER-USD+0.0234%1h65.077−0.230%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.075−0.233%$92K111xas long as short
Kraken Futures PF_XAGUSD+0.0365%1h65.053−0.267%$1.0M$869K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0365%1h65.080−0.225%$65K$398K20xas long as short