XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.011%

Price spread now: Pacifica against Extended+0.012%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$200.203% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.012%, 7d avg −0.015%

Together, before fees−0.043%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.027% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	66.102	0.0032	pay 0.0004% / 1h	44m 11s	$5.2M	$11.8M	10x
Short	Pacifica XAG	66.110	0.0100	get 0.0013% / 1h	44m 11s	$470K	$616K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee PacificabpOrdersPrice spread, now +0.012%Rate

Funding earned: $14.28
Price spread: +0.012% → −0.015%: $2.69
Slippage, 4 orders: −$7.28
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$3.31
Costs to cover: 0.203%
Break-even: 8.6 days

Slippage from Extended: live order book, 5 min ago; Pacifica: live order book, 15 min ago.

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 Extended live order book, 5 min ago	0.08 bp	2.9 bp −$3	5.1 bp −$51	11.6 bp −$1,161	doesn't fit
Sell Pacifica live order book, 15 min ago	0.08 bp	5.7 bp −$6	doesn't fit	doesn't fit	doesn't fit

XAG on 44 venues

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
dYdX XAG-USD	0.0000%	1h	66.085	−0.026%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.180	+0.118%	$150.2M	$163.1M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.180	+0.118%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.220	+0.179%	$1.0M	$978K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.200	+0.148%	$1.5M	$316K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.102	0.000%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.157	+0.084%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USDlong	+0.0032%	1h	66.102	long leg	$5.2M	$11.8M	10x
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.451%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.150	+0.073%	$796K	$3.0M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.592	+0.741%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.136	+0.052%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.103	+0.002%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.040	−0.094%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.150	+0.073%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.069	−0.050%	$56K	$26K	25x	as long as short
Hotstuff SILVER-PERP	+0.0064%	1h	66.123	+0.032%	$35K	$21K	20x	as long as short
Kalshi KXSILVERPERP	+0.0067%	24h	66.127	+0.038%	$523K	$25.3M	8.1x	as long as short
Pacifica XAGshort	+0.0100%	1h	66.110	+0.012%	$470K	$616K	10x
KuCoin XAGUSDTM	+0.0100%	4h	66.140	+0.058%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.060	−0.063%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0130%	1h	66.136	+0.052%	$165.5M	$73.9M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.165	+0.095%	$1.3M	$4.4M	20x	as long as short
Aster XAGUSDT	+0.0140%	4h	66.170	+0.103%	$2.7M	$877K	100x	as long as short
Paradex XAG-USD-PERP	+0.0145%	8h	66.157	+0.084%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0146%	4h	66.190	+0.133%	$26.7M	$36.0M	150x	as long as short
Nado XAG-PERP	+0.0188%	1h	66.107	+0.008%	$1.3M	$6.5M	10x	as long as short
Lighter XAG	+0.0192%	1h	66.170	+0.102%	$5.2M	$10.5M	25x	as long as short
Aevo XAG-PERP	+0.0192%	1h	66.169	+0.102%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0196%	4h	66.123	+0.032%	$5.6M	$9.7M	—	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.130	+0.043%	$1.8M	$1.0M	20x	as long as short
MEXC SILVER_USDT	+0.0206%	4h	66.170	+0.103%	$108.9M	$152.4M	1000x	as long as short
Binance XAGUSDT	+0.0208%	4h	66.180	+0.118%	$192.9M	$702.8M	100x	as long as short
edgeX XAGUSDC	+0.0212%	4h	66.102	0.000%	$671K	$315K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0226%	8h	66.190	+0.133%	$27.8M	$65.6M	50x	as long as short
Aftermath Perps XAGUSD	+0.0231%	1h	66.094	−0.012%	$79K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0249%	4h	66.140	+0.058%	$2.6M	$554K	100x	as long as short
Bitget XAGUSDT	+0.0250%	4h	66.180	+0.118%	$23.9M	$45.7M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0272%	4h	66.100	−0.003%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0311%	1h	66.181	+0.120%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0336%	1h	66.089	−0.020%	$20K	$19K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.160	+0.088%	$62K	$348K	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0371% / S −0.0403%	1h	66.185	+0.126%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0485%	1h	66.147	+0.068%	$913K	$677K	25x	as long as short