Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Pacifica against KuCoin−0.050%7-day average −0.001% · you buy dearer than you sell

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

Long on KuCoin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.050%, 7d avg −0.001%

Together, before fees−0.027%+ Points / potential airdropPacifica: Active · farm board−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.049% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XAGUSDTM	66.360	0.0100	pay 0.0050% / 4h	1h 08m	$24.4M	$4.5M	75x
Short	Pacifica XAG	66.327	0.0100	get 0.0013% / 1h	8m 29s	$474K	$625K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against KuCoin. 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 KuCoinbpFee PacificabpOrdersPrice spread, now −0.050%Rate

Funding earned: $0
Price spread: −0.050% → −0.001%: −$4.87
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$24.87
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 5 min ago; Pacifica: live order book, 10 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 KuCoin live order book, 5 min ago	0.75 bp	8.3 bp −$8	15.0 bp −$150	doesn't fit	doesn't fit
Sell Pacifica live order book, 10 min ago	0.08 bp	doesn't fit	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
Kraken Futures PF_XAGUSD	−0.0271%	1h	66.353	−0.011%	$768K	$569K	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.297	−0.095%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.400	+0.060%	$25.7M	$33.5M	150x	as long as short
RISEx XAG/USDC	0.0000%	1h	66.393	+0.050%	$1.3M	$4.2M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.380	+0.030%	$146.5M	$173.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.390	+0.045%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.370	+0.015%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.390	+0.045%	$1.5M	$249K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.321	−0.059%	$120K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0016%	1h	66.335	−0.038%	$35K	$21K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SILVER-USD	+0.0016%	1h	66.370	+0.015%	$124K	$2.8M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.360	0.000%	$4.8M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.314	−0.069%	$5.5M	$12.4M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.060%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.320	−0.060%	$794K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.821	+0.695%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.350	−0.015%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.310	−0.075%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.290	−0.105%	$5.7M	$10.0M	25x	as long as short
tradeXYZ xyz:SILVER	+0.0054%	1h	66.350	−0.015%	$165.3M	$88.2M	25x	as long as short
Kalshi KXSILVERPERP	+0.0058%	24h	66.318	−0.063%	$567K	$21.3M	8.1x	as long as short
Phoenix SILVER	+0.0073%	1h	66.292	−0.102%	$56K	$26K	25x	as long as short
Variational Omni XAG	+0.0073%	4h	66.326	−0.051%	$5.5M	$10.5M	—	as long as short
Bitget XAGUSDT	+0.0078%	4h	66.400	+0.060%	$24.0M	$47.9M	100x	as long as short
Aster XAGUSDT	+0.0079%	4h	66.370	+0.015%	$2.8M	$1.0M	100x	as long as short
MEXC SILVER_USDT	+0.0090%	4h	66.390	+0.045%	$123.3M	$182.6M	1000x	as long as short
Binance XAGUSDT	+0.0091%	4h	66.390	+0.045%	$190.5M	$729.1M	100x	as long as short
Aevo XAG-PERP	+0.0096%	1h	66.366	+0.010%	$48K	—	10x	as long as short
Pacifica XAGshort	+0.0100%	1h	66.327	−0.050%	$474K	$625K	10x
KuCoin XAGUSDTMlong	+0.0100%	4h	66.360	long leg	$24.4M	$4.5M	75x
ApeX Omni XAGUSDT	+0.0100%	1h	66.210	−0.226%	$113K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.220	−0.211%	$1.9M	$861K	20x	as long as short
edgeX XAGUSDC	+0.0105%	4h	66.317	−0.065%	$673K	$314K	30x	as long as short
BloFin XAG-USDT	+0.0109%	4h	66.330	−0.045%	$2.5M	$848K	100x	as long as short
Paradex XAG-USD-PERP	+0.0117%	8h	66.376	+0.024%	$30K	$1K	5x	as long as short
GRVT XAG_USDT_Perp	+0.0126%	4h	66.280	−0.121%	$395K	$1.4M	25x	as long as short
Aftermath Perps XAGUSD	+0.0129%	1h	66.268	−0.138%	$80K	$40K	10x	as long as short
Lighter XAG	+0.0136%	1h	66.368	+0.012%	$5.2M	$11.0M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0178%	8h	66.390	+0.045%	$27.4M	$66.5M	50x	as long as short
Hibachi XAG/USDT-P	+0.0192%	1h	66.310	−0.075%	$20K	$22K	10x	as long as short
Nado XAG-PERP	+0.0218%	1h	66.336	−0.036%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0269%	1h	66.404	+0.066%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0303% / S −0.0300%	1h	66.385	+0.038%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.360	0.000%	$51K	$359K	20x	as long as short