Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: HTX against Pacifica+0.146%7-day average +0.113% · you sell dearer than you buy

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

Long on Pacifica Short on HTX

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)−0.019%−$2 · spread now +0.146%, 7d avg +0.113%

Together, before fees−0.096%+ Points / potential airdropPacifica: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.032% dearer against Pacifica than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of +0.113%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.077% in total) that is about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAG	66.473	0.0100	pay 0.0013% / 1h	28m 08s	$474K	$623K	10x
Short	HTX XAG-USDT	66.570	0	get 0.0000% / 4h	3h 28m	$1.1M	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.146%Rate

Funding earned: −$21
Price spread: +0.146% → +0.113%: $3.25
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$37.75
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 46 min ago; HTX: live order book, 1 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, 46 min ago	0.08 bp	5.1 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 1 min ago	2.25 bp	14.1 bp −$14	14.2 bp −$142	16.5 bp −$1,647	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
Hotstuff SILVER-PERP	−0.0016%	1h	66.490	+0.026%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.490	+0.025%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.570	+0.146%	$26.0M	$35.4M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.560	+0.131%	$155.0M	$167.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.560	+0.131%	$3K	$3.0M	20x	as long as short
HTX XAG-USDTshort	0.0000%	4h	66.570	+0.146%	$1.1M	$1.1M	75x
Phemex XAGUSDT	0.0000%	4h	66.600	+0.191%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.465	−0.012%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.536	+0.095%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.464	−0.014%	$5.4M	$12.4M	10x	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	−0.110%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.540	+0.101%	$801K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.964	+0.739%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.492	+0.029%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.525	+0.078%	$165.4M	$85.5M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.499	+0.039%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.470	−0.005%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.430	−0.065%	$5.7M	$9.7M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.520	+0.071%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.475	+0.003%	$563K	$21.5M	8.1x	as long as short
BloFin XAG-USDT	+0.0083%	4h	66.570	+0.146%	$2.6M	$703K	100x	as long as short
Aster XAGUSDT	+0.0084%	4h	66.520	+0.071%	$2.8M	$1.1M	100x	as long as short
Variational Omni XAG	+0.0087%	4h	66.545	+0.108%	$5.6M	$9.9M	—	as long as short
Paradex XAG-USD-PERP	+0.0096%	8h	66.523	+0.075%	$30K	$1K	5x	as long as short
MEXC SILVER_USDT	+0.0098%	4h	66.540	+0.101%	$108.7M	$160.2M	1000x	as long as short
Binance XAGUSDT	+0.0099%	4h	66.546	+0.109%	$192.4M	$722.5M	100x	as long as short
edgeX XAGUSDC	+0.0099%	4h	66.546	+0.110%	$675K	$316K	30x	as long as short
Pacifica XAGlong	+0.0100%	1h	66.473	long leg	$474K	$623K	10x
KuCoin XAGUSDTM	+0.0100%	4h	66.500	+0.041%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.540	+0.101%	$127K	$24K	50x	as long as short
GRVT XAG_USDT_Perp	+0.0104%	4h	66.559	+0.129%	$394K	$1.5M	25x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.517	+0.065%	$48K	—	10x	as long as short
Lighter XAG	+0.0112%	1h	66.541	+0.102%	$5.4M	$10.5M	25x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.526	+0.080%	$1.3M	$4.3M	20x	as long as short
Nado XAG-PERP	+0.0166%	1h	66.482	+0.014%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0170%	4h	66.560	+0.131%	$24.5M	$48.1M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.580	+0.161%	$1.9M	$929K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0189%	8h	66.560	+0.131%	$27.9M	$67.3M	50x	as long as short
Aftermath Perps XAGUSD	+0.0193%	1h	66.512	+0.059%	$80K	$39K	10x	as long as short
Bullet SILVER-USD	+0.0223%	1h	66.542	+0.103%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	66.493	+0.030%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.535	+0.093%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0489%	1h	66.500	+0.041%	$764K	$565K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0502%	1h	66.540	+0.101%	$50K	$336K	20x	as long as short