Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.003%

Price spread now: Aster against Pacifica+0.132%7-day average +0.063% · you sell dearer than you buy

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

Long on Pacifica Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.132%, 7d avg +0.063%

Together, before fees−0.076%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.069% dearer against Pacifica than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of +0.063%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 23 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAG	65.294	0.0100	pay 0.0013% / 1h	19m 35s	$466K	$626K	10x
Short	Aster XAGUSDT	65.380	0.0090	get 0.0045% / 4h	2h 19m	$2.7M	$951K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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 PacificabpFee AsterbpOrdersPrice spread, now +0.132%Rate

Funding earned: −$2.1
Price spread: +0.132% → +0.063%: $6.88
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$11.22
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 29 min ago; Aster: live order book, 4 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 Pacifica live order book, 29 min ago	0.23 bp	4.3 bp −$4	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	1.53 bp	5.5 bp −$6	7.2 bp −$72	14.7 bp −$1,469	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
Ondo Perps XAG-USD.P	−0.0002%	1h	65.270	−0.037%	$5.6M	$9.5M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.288	−0.008%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.290	−0.006%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.270	−0.037%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.300	+0.009%	$1.5M	$276K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.186	−0.166%	$118K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	65.375	+0.124%	$1.2M	$4.9M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	65.341	+0.072%	$4.7M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.288	−0.010%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.694%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SILVER	+0.0036%	1h	65.241	−0.081%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	65.240	−0.083%	$785K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.745	+0.691%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	65.298	+0.006%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.339	+0.069%	$3.9M	$711K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.205	−0.136%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.350	+0.086%	$152K	$2.8M	20x	as long as short
Gate XAG_USDT	+0.0052%	4h	65.390	+0.147%	$147.6M	$176.4M	100x	as long as short
Paradex XAG-USD-PERP	+0.0064%	8h	65.349	+0.085%	$29K	$1K	5x	as long as short
tradeXYZ xyz:SILVER	+0.0074%	1h	65.341	+0.072%	$170.1M	$82.1M	25x	as long as short
Kalshi KXSILVERPERP	+0.0075%	24h	65.174	−0.184%	$501K	$28.9M	8.1x	as long as short
Aster XAGUSDTshort	+0.0090%	4h	65.380	+0.132%	$2.7M	$951K	100x
Pacifica XAGlong	+0.0100%	1h	65.294	long leg	$466K	$626K	10x
KuCoin XAGUSDTM	+0.0100%	4h	65.320	+0.040%	$24.6M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.200	−0.144%	$111K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0113%	4h	65.390	+0.147%	$28.5M	$39.8M	150x	as long as short
Variational Omni XAG	+0.0125%	4h	65.184	−0.169%	$5.5M	$9.5M	—	as long as short
Lighter XAG	+0.0128%	1h	65.350	+0.086%	$5.3M	$11.2M	25x	as long as short
MEXC SILVER_USDT	+0.0136%	4h	65.360	+0.101%	$120.0M	$160.4M	1000x	as long as short
Aevo XAG-PERP	+0.0136%	1h	65.249	−0.068%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0140%	4h	65.380	+0.132%	$188.8M	$743.4M	100x	as long as short
edgeX XAGUSDC	+0.0141%	4h	65.252	−0.065%	$664K	$313K	30x	as long as short
Nado XAG-PERP	+0.0155%	1h	65.308	+0.022%	$1.3M	$5.6M	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.150	−0.221%	$1.6M	$1.4M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0178%	4h	65.293	−0.002%	$388K	$1.5M	25x	as long as short
Bitget XAGUSDT	+0.0210%	4h	65.370	+0.116%	$23.2M	$48.2M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0217%	8h	65.370	+0.116%	$27.9M	$70.7M	50x	as long as short
Aftermath Perps XAGUSD	+0.0218%	1h	65.329	+0.054%	$79K	$37K	10x	as long as short
Bullet SILVER-USD	+0.0236%	1h	65.264	−0.046%	$43K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0336%	1h	65.185	−0.166%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0360% / S −0.0338%	1h	65.265	−0.044%	$89K	—	111x	as long as short
BloFin XAG-USDT	+0.0377%	4h	65.220	−0.113%	$2.6M	$626K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0472%	1h	65.240	−0.082%	$910K	$755K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0517%	1h	65.270	−0.037%	$66K	$371K	20x	as long as short