Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0113%/8h= +12.3% APRpaid last 24h +0.019%

Price spread now: OKX against Pacifica+0.146%7-day average +0.059% · you sell dearer than you buy

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

Long on Pacifica Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.146%, 7d avg +0.059%

Together, before fees+0.011%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.087% dearer against Pacifica than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAG	65.554	0.0100	pay 0.0013% / 1h	0m 06s	$467K	$590K	10x
Short	OKX XAG-USDT-SWAP	65.650	0.0213	get 0.0213% / 8h	7h 00m	$28.3M	$81.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.146%Rate

Funding earned: $23.63
Price spread: +0.146% → +0.059%: $8.72
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: $14.35
Costs to cover: 0.180%
Break-even: 2.7 days

Slippage unknown: Pacifica: live order book, 34 min ago; OKX: 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, 34 min ago	0.39 bp	4.7 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.76 bp	5.8 bp −$6	6.7 bp −$67	12.1 bp −$1,207	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
dYdX XAG-USD	0.0000%	1h	65.533	−0.032%	$12K	$6K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.650	+0.146%	$138.2M	$195.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.640	+0.131%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.670	+0.177%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.640	+0.131%	$1.5M	$253K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.591	+0.057%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.630	+0.116%	$4.5M	$10.1M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.589	+0.053%	$5.1M	$11.9M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.452%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.560	+0.009%	$789K	$3.0M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.056	+0.766%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0047%	1h	65.620	+0.101%	$436K	$1.5M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.611	+0.087%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.583	+0.044%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.500	−0.082%	$5.7M	$10.2M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0055%	1h	65.620	+0.101%	$77K	$434K	20x	as long as short
Variational Omni XAG	+0.0076%	4h	65.573	+0.029%	$5.4M	$9.1M	—	as long as short
Paradex XAG-USD-PERP	+0.0079%	8h	65.593	+0.060%	$29K	$166	5x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0080%	1h	65.600	+0.070%	$1.6M	$1.6M	20x	as long as short
Kalshi KXSILVERPERP	+0.0090%	24h	65.564	+0.015%	$660K	$36.2M	8.1x	as long as short
Pacifica XAGlong	+0.0100%	1h	65.554	long leg	$467K	$590K	10x
KuCoin XAGUSDTM	+0.0100%	4h	65.610	+0.085%	$25.4M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.590	+0.055%	$112K	$19K	50x	as long as short
Phoenix SILVER	+0.0111%	1h	65.549	−0.008%	$56K	$31K	25x	as long as short
Hotstuff SILVER-PERP	+0.0120%	1h	65.592	+0.058%	$35K	$22K	20x	as long as short
Aevo XAG-PERP	+0.0120%	1h	65.637	+0.127%	$47K	—	10x	as long as short
tradeXYZ xyz:SILVER	+0.0120%	1h	65.604	+0.076%	$174.4M	$92.3M	25x	as long as short
Binance XAGUSDT	+0.0122%	4h	65.658	+0.159%	$195.5M	$822.2M	100x	as long as short
MEXC SILVER_USDT	+0.0124%	4h	65.630	+0.116%	$114.8M	$164.3M	1000x	as long as short
Aster XAGUSDT	+0.0135%	4h	65.652	+0.150%	$2.7M	$1.1M	100x	as long as short
edgeX XAGUSDC	+0.0143%	4h	65.604	+0.077%	$668K	$314K	30x	as long as short
Nado XAG-PERP	+0.0148%	1h	65.582	+0.043%	$1.3M	$4.1M	10x	as long as short
RISEx XAG/USDC	+0.0158%	1h	65.645	+0.138%	$1.2M	$4.9M	20x	as long as short
Aftermath Perps XAGUSD	+0.0196%	1h	65.527	−0.041%	$79K	$37K	10x	as long as short
OKX XAG-USDT-SWAPshort	+0.0213%	8h	65.650	+0.146%	$28.3M	$81.1M	50x
Lighter XAG	+0.0216%	1h	65.643	+0.136%	$5.1M	$12.2M	25x	as long as short
Bitget XAGUSDT	+0.0232%	4h	65.640	+0.131%	$23.0M	$49.3M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.585	+0.047%	$93K	—	111x	as long as short
Bybit XAGUSDT	+0.0287%	4h	65.670	+0.177%	$30.7M	$45.0M	150x	as long as short
Bullet SILVER-USD	+0.0304%	1h	65.643	+0.136%	$45K	$75K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0350%	4h	65.590	+0.055%	$384K	$1.6M	25x	as long as short
BloFin XAG-USDT	+0.0364%	4h	65.580	+0.040%	$2.7M	$710K	100x	as long as short
Hibachi XAG/USDT-P	+0.0376%	1h	65.523	−0.047%	$21K	$12K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0415%	1h	65.612	+0.088%	$1.0M	$893K	25x	as long as short