Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h 0.000%

Price spread now: Binance against Pacifica+0.090%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 Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 2 days (all we have)−0.025%−$3 · spread now +0.090%, 7d avg +0.063%

Together, before fees−0.038%+ Points / potential airdropPacifica: Active · farm board−$4 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: Binance is 0.027% dearer against Pacifica than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAG	66.656	0.0100	pay 0.0013% / 1h	59m 07s	$482K	$624K	10x
Short	Binance XAGUSDT	66.716	0.0107	get 0.0053% / 4h	3h 59m	$192.1M	$726.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.090%Rate

Funding earned: $1.41
Price spread: +0.090% → +0.063%: $2.66
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$13.93
Costs to cover: 0.180%
Break-even: 76.3 days

Slippage unknown: Pacifica: live order book, 15 min ago; Binance: live order book, 15 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, 15 min ago	0.08 bp	5.1 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.75 bp	5.8 bp −$6	5.8 bp −$58	8.3 bp −$827	18.2 bp −$9,100

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	66.669	+0.020%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.730	+0.111%	$26.5M	$34.9M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.710	+0.081%	$155.9M	$163.6M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.720	+0.096%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.720	+0.096%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.700	+0.066%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.651	−0.007%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.693	+0.055%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.649	−0.011%	$5.4M	$13.0M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	66.676	+0.030%	$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
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.384%	$11K	$94K	52x	as long as short
Phoenix SILVER	+0.0036%	1h	66.664	+0.012%	$57K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.680	+0.036%	$798K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	67.154	+0.747%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.669	+0.020%	$166.1M	$87.0M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.670	+0.021%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.646	−0.015%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.600	−0.084%	$5.7M	$9.9M	25x	as long as short
Kalshi KXSILVERPERP	+0.0060%	24h	66.666	+0.015%	$558K	$21.7M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.680	+0.036%	$115K	$2.8M	20x	as long as short
Variational Omni XAG	+0.0090%	4h	66.706	+0.075%	$5.6M	$10.1M	—	as long as short
Paradex XAG-USD-PERP	+0.0095%	8h	66.709	+0.080%	$30K	$1K	5x	as long as short
Pacifica XAGlong	+0.0100%	1h	66.656	long leg	$482K	$624K	10x
KuCoin XAGUSDTM	+0.0100%	4h	66.670	+0.021%	$24.7M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.680	+0.036%	$127K	$26K	50x	as long as short
Nado XAG-PERP	+0.0101%	1h	66.659	+0.005%	$1.3M	$6.6M	10x	as long as short
Aster XAGUSDT	+0.0103%	4h	66.701	+0.068%	$2.8M	$1.1M	100x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.698	+0.063%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0106%	4h	66.710	+0.081%	$116.2M	$153.7M	1000x	as long as short
Binance XAGUSDTshort	+0.0107%	4h	66.716	+0.090%	$192.1M	$726.3M	100x
Lighter XAG	+0.0120%	1h	66.693	+0.056%	$5.4M	$10.4M	25x	as long as short
edgeX XAGUSDC	+0.0130%	4h	66.696	+0.061%	$677K	$316K	30x	as long as short
BloFin XAG-USDT	+0.0148%	4h	66.690	+0.051%	$2.6M	$668K	100x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.701	+0.067%	$1.3M	$4.2M	20x	as long as short
Bitget XAGUSDT	+0.0162%	4h	66.720	+0.096%	$24.9M	$48.8M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0164%	4h	66.732	+0.115%	$401K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0170%	1h	66.720	+0.096%	$45K	$76K	10x	as long as short
Aftermath Perps XAGUSD	+0.0173%	1h	66.660	+0.006%	$80K	$40K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.690	+0.051%	$1.9M	$942K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0191%	8h	66.730	+0.111%	$28.2M	$67.5M	50x	as long as short
Hibachi XAG/USDT-P	+0.0248%	1h	66.667	+0.016%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.705	+0.074%	$104K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0487%	1h	66.678	+0.033%	$767K	$590K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0500%	1h	66.710	+0.081%	$50K	$351K	20x	as long as short