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+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h −0.024%
Price spread now: Pacifica against Coinbase International−0.026%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.284% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.180%−$18 on $10k
Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.026%, 7d avg −0.031%
Together, before fees−0.229%+ Points / potential airdropPacifica: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.180%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SILVER-PERP-INTX65.0100.0080pay 0.0010% / 1h51m 49s$1.6M$1.4M20x
ShortPacifica XAG64.9930.0100get 0.0013% / 1h51m 49s$462K$594K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Coinbase International. 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
$4.2
Price spread: −0.026% → −0.031%
$0.52
Slippage, 4 orders
−$10.37
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$23.65
Costs to cover
0.284%
Break-even
46.4 days
Slippage from Coinbase International: live order book, 2 min ago; Pacifica: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago3.08 bp8.1 bp −$89.1 bp −$91doesn't fitdoesn't fit
Sell Pacifica live order book, 47 min ago0.08 bp4.4 bp −$4doesn't fitdoesn't fitdoesn't fit

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%1h64.987−0.036%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.040+0.046%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.080+0.108%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.050+0.062%$1.4M$291K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.003−0.011%$117K250xas long as short
Variational Omni XAG+0.0018%4h65.014+0.007%$5.4M$9.1Mas long as short
Lighter RH XAG+0.0032%1h65.035+0.039%$4.5M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h64.990−0.030%$4.9M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.138%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h65.030+0.031%$782K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h65.441+0.663%25xas long as short
QFEX SILVER-USD+0.0047%1h65.050+0.062%$171K$1.4M20xas long as short
Gate XAG_USDT+0.0050%4h65.060+0.077%$139.8M$179.0M100xas long as short
Polymarket Perps SILVER-USD+0.0050%1h64.983−0.042%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h64.958−0.080%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h64.940−0.108%$5.6M$9.8M25xas long as short
MEXC SILVER_USDT+0.0054%4h65.060+0.077%$125.8M$155.7M1000xas long as short
Binance XAGUSDT+0.0056%4h65.078+0.105%$193.4M$762.2M100xas long as short
Paradex XAG-USD-PERP+0.0058%8h65.036+0.040%$29K$1K5xas long as short
Hotstuff SILVER-PERP+0.0064%1h65.047+0.057%$35K$21K20xas long as short
Aster XAGUSDT+0.0065%4h65.082+0.110%$2.6M$987K100xas long as short
edgeX XAGUSDC+0.0068%4h65.017+0.011%$662K$313K30xas long as short
Aevo XAG-PERP+0.0072%1h65.019+0.015%$47K10xas long as short
Coinbase International SILVER-PERP-INTXlong+0.0080%1h65.010long leg$1.6M$1.4M20x
Kalshi KXSILVERPERP+0.0082%24h65.022+0.018%$477K$33.4M8.1xas long as short
Pacifica XAGshort+0.0100%1h64.993−0.026%$462K$594K10x
KuCoin XAGUSDTM+0.0100%4h65.0100.000%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h64.990−0.031%$111K$19K50xas long as short
Phoenix SILVER+0.0111%1h65.011+0.002%$55K$31K25xas long as short
Bybit XAGUSDT+0.0118%4h65.100+0.138%$27.3M$39.4M150xas long as short
tradeXYZ xyz:SILVER+0.0144%1h65.013+0.005%$173.6M$85.7M25xas long as short
RISEx XAG/USDC+0.0158%1h65.054+0.067%$1.3M$4.9M20xas long as short
Nado XAG-PERP+0.0159%1h65.020+0.015%$1.2M$4.6M10xas long as short
Bitget XAGUSDT+0.0182%4h65.090+0.123%$23.2M$45.2M100xas long as short
OKX XAG-USDT-SWAP+0.0183%8h65.090+0.123%$28.6M$72.2M50xas long as short
Aftermath Perps XAGUSD+0.0203%1h65.009−0.001%$78K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0212%1h65.000−0.015%$76K$416K20xas long as short
BloFin XAG-USDT+0.0223%4h65.050+0.062%$2.7M$631K100xas long as short
Lighter XAG+0.0224%1h65.025+0.022%$5.3M$10.7M25xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.045+0.054%$92K111xas long as short
Hibachi XAG/USDT-P+0.0280%1h64.990−0.031%$20K$15K10xas long as short
Bullet SILVER-USD+0.0315%1h65.050+0.062%$45K$75K10xas long as short
GRVT XAG_USDT_Perp+0.0388%4h65.056+0.071%$383K$1.6M25xas long as short
Kraken Futures PF_XAGUSD+0.0419%1h65.007−0.005%$1.0M$868K25xas long as short