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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0117%/8h= −12.9% APRnext payment $0.15 per $10,000 · paid last 24h −0.024%
Price spread now: Pacifica against Nado+0.001%7-day average −0.032% · you sell dearer than you buy
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 3 days (all we have)−0.088%−$9 on $10k
Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.001%, 7d avg −0.032%
Together, before fees−0.228%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.033% dearer against Nado than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.032%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XAG-PERP66.2760.0217pay 0.0027% / 1h1m 12s$1.3M$6.6M10x
ShortPacifica XAG66.2770.0100get 0.0013% / 1h1m 12s$472K$606K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Nado. 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
−$24.67
Price spread: +0.001% → −0.032%
$3.28
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$36.39
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 3 min ago; Pacifica: live order book, 3 min ago. 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 Nado live order book, 3 min ago0.08 bp4.1 bp −$48.1 bp −$8131.0 bp −$3,102doesn't fit
Sell Pacifica live order book, 3 min ago0.23 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

XAG on 43 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%1h66.300+0.035%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.350+0.111%$152.0M$166.0M100xas long as short
SunX XAG-USDT0.0000%4h66.340+0.096%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.380+0.156%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.370+0.141%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.272−0.006%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.317+0.061%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.270−0.010%$5.3M$12.2M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.187%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.390+0.171%$799K$2.9M40xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P+0.0042%1h66.220−0.085%$5.7M$9.6M25xas long as short
Vest SI-PERP+0.0046%1h66.774+0.751%25xas long as short
Phoenix SILVER+0.0048%1h66.315+0.058%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.308+0.048%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.266−0.016%$3K$6K20xas long as short
QFEX SILVER-USD+0.0054%1h66.330+0.081%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0063%24h66.299+0.034%$490K$24.5M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.335+0.088%$1.2M$4.4M20xas long as short
tradeXYZ xyz:SILVER+0.0099%1h66.302+0.039%$165.9M$75.7M25xas long as short
Pacifica XAGshort+0.0100%1h66.277+0.001%$472K$606K10x
KuCoin XAGUSDTM+0.0100%4h66.290+0.021%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.300+0.036%$113K$30K50xas long as short
Hotstuff SILVER-PERP+0.0104%1h66.292+0.024%$35K$21K20xas long as short
Paradex XAG-USD-PERP+0.0139%8h66.323+0.070%$30K$1K5xas long as short
Aster XAGUSDT+0.0139%4h66.341+0.098%$2.7M$934K100xas long as short
Bybit XAGUSDT+0.0149%4h66.380+0.156%$26.7M$36.5M150xas long as short
Aevo XAG-PERP+0.0168%1h66.334+0.086%$48K10xas long as short
Variational Omni XAG+0.0170%4h66.313+0.056%$5.5M$9.8Mas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.280+0.006%$1.9M$970K20xas long as short
MEXC SILVER_USDT+0.0186%4h66.340+0.096%$111.5M$159.8M1000xas long as short
Binance XAGUSDT+0.0188%4h66.353+0.115%$192.4M$707.2M100xas long as short
edgeX XAGUSDC+0.0190%4h66.322+0.068%$673K$315K30xas long as short
Lighter XAG+0.0192%1h66.350+0.112%$5.3M$10.7M25xas long as short
OKX XAG-USDT-SWAP+0.0215%8h66.350+0.111%$27.8M$65.8M50xas long as short
Nado XAG-PERPlong+0.0217%1h66.276long leg$1.3M$6.6M10x
Hibachi XAG/USDT-P+0.0224%1h66.320+0.066%$20K$22K10xas long as short
Aftermath Perps XAGUSD+0.0238%1h66.312+0.053%$80K$38K10xas long as short
Bitget XAGUSDT+0.0252%4h66.340+0.096%$23.9M$46.1M100xas long as short
GRVT XAG_USDT_Perp+0.0274%4h66.382+0.159%$399K$1.5M25xas long as short
Bullet SILVER-USD+0.0288%1h66.352+0.114%$46K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0326% / S −0.0335%1h66.345+0.104%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0463%1h66.300+0.036%$765K$478K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0504%1h66.330+0.081%$50K$325K20xas long as short