Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.023%

Price spread now: Pacifica against HTX−0.040%7-day average −0.113% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.077%+$8 on $10k

Price spread, last 3 days (all we have)−0.157%−$16 · spread now −0.040%, 7d avg −0.113%

Together, before fees−0.081%+ Points / potential airdropPacifica: Active · farm board−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.073% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAG-USDT	66.060	0	get 0.0000% / 4h	2h 23m	$1.0M	$1.2M	75x
Short	Pacifica XAG	66.034	0.0100	get 0.0013% / 1h	23m 09s	$472K	$647K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against HTX. 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 HTXbpFee PacificabpOrdersPrice spread, now −0.040%Rate

Funding earned: $21
Price spread: −0.040% → −0.113%: $7.31
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $8.31
Costs to cover: 0.200%
Break-even: 4.2 days

Slippage unknown: HTX: live order book, 6 min ago; Pacifica: live order book, 65 min ago. Net counts fees only.

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 HTX live order book, 6 min ago	5.30 bp	11.3 bp −$11	11.3 bp −$113	14.4 bp −$1,436	doesn't fit
Sell Pacifica live order book, 65 min ago	0.08 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

XAG on 43 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	65.992	−0.103%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.040	−0.030%	$25.8M	$36.9M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.030	−0.045%	$147.5M	$184.6M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.020	−0.061%	$2K	$3.4M	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	0.0000%	1h	66.040	−0.030%	$91K	$360K	20x	as long as short
HTX XAG-USDTlong	0.0000%	4h	66.060	long leg	$1.0M	$1.2M	75x
Phemex XAGUSDT	0.0000%	4h	66.060	0.000%	$1.5M	$250K	100x	as long as short
Aftermath Perps XAGUSD	+0.0022%	1h	66.009	−0.078%	$79K	$40K	10x	as long as short
Ondo Perps XAG-USD.P	+0.0026%	1h	65.970	−0.136%	$5.5M	$9.8M	25x	as long as short
Nado XAG-PERP	+0.0031%	1h	66.030	−0.046%	$1.3M	$6.6M	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XAG	+0.0032%	1h	66.019	−0.062%	$5.1M	$11.5M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	66.022	−0.058%	$4.4M	$9.9M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.038	−0.033%	$5.3M	$15.0M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.515%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.970	−0.136%	$715K	$2.8M	40x	as long as short
Bullet SILVER-USD	+0.0042%	1h	66.038	−0.034%	$44K	$74K	10x	as long as short
Vest SI-PERP	+0.0046%	1h	66.508	+0.678%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.015	−0.068%	$164.7M	$96.3M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.005	−0.083%	$3.9M	$743K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.013	−0.071%	$4K	$5K	20x	as long as short
Kalshi KXSILVERPERP	+0.0055%	24h	65.968	−0.139%	$637K	$21.8M	8.1x	as long as short
Phoenix SILVER	+0.0073%	1h	66.027	−0.050%	$56K	$26K	25x	as long as short
QFEX SILVER-USD	+0.0080%	1h	66.020	−0.061%	$143K	$2.8M	20x	as long as short
Pacifica XAGshort	+0.0100%	1h	66.034	−0.040%	$472K	$647K	10x
KuCoin XAGUSDTM	+0.0100%	4h	66.000	−0.091%	$24.2M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.020	−0.061%	$112K	$85K	50x	as long as short
Aster XAGUSDT	+0.0121%	4h	66.047	−0.020%	$2.8M	$1.2M	100x	as long as short
Paradex XAG-USD-PERP	+0.0130%	8h	66.035	−0.038%	$30K	$1K	5x	as long as short
Bitget XAGUSDT	+0.0162%	4h	66.030	−0.045%	$23.7M	$53.0M	100x	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.033	−0.042%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0170%	4h	66.040	−0.030%	$191.6M	$803.8M	100x	as long as short
BloFin XAG-USDT	+0.0174%	4h	65.970	−0.136%	$2.6M	$1.2M	100x	as long as short
MEXC SILVER_USDT	+0.0176%	4h	66.030	−0.045%	$122.0M	$192.2M	1000x	as long as short
Variational Omni XAG	+0.0196%	4h	66.013	−0.072%	$5.3M	$12.2M	—	as long as short
OKX XAG-USDT-SWAP	+0.0197%	8h	66.040	−0.030%	$27.5M	$70.2M	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.000	−0.091%	$1.9M	$1.2M	20x	as long as short
edgeX XAGUSDC	+0.0229%	4h	65.952	−0.163%	$669K	$314K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0298%	4h	65.969	−0.137%	$398K	$1.7M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0384% / S −0.0407%	1h	66.035	−0.038%	$102K	—	29x	as long as short
Hotstuff SILVER-PERP	+0.0392%	1h	66.015	−0.068%	$35K	$21K	20x	as long as short
RISEx XAG/USDC	+0.0432%	1h	66.040	−0.030%	$1.3M	$4.3M	20x	as long as short
Hibachi XAG/USDT-P	+0.0560%	1h	66.030	−0.046%	$20K	$22K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0615%	1h	65.982	−0.118%	$774K	$628K	25x	as long as short