Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.009%

Price spread now: Paradex against Pacifica+0.064%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · Paradex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.064% dearer against Pacifica than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAG	65.590	0.0100	pay 0.0013% / 1h	56m 48s	$467K	$570K	10x
Short	Paradex XAG-USD-PERP	65.632	0.0057	get 0.0057% / 8h	5h 56m	$29K	$166	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.064%Rate

Funding earned: −$8.96
Price spread: +0.064% → 0.000%: $6.41
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$14.55
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 55 min ago; Paradex: no order-book sample. 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, 55 min ago	1.30 bp	5.5 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAG on 44 exchanges

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	−1.5176%	1h	65.532	−0.088%	$36K	$23K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.593	+0.004%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.700	+0.168%	$139.4M	$202.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.670	+0.123%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.690	+0.153%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.690	+0.153%	$1.5M	$251K	100x	as long as short
Ondo Perps XAG-USD.P	+0.0001%	1h	65.530	−0.091%	$5.7M	$10.9M	25x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.594	+0.006%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.688	+0.149%	$4.5M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.619	+0.046%	$5.1M	$11.8M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.506%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.690	+0.153%	$790K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.089	+0.761%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.640	+0.077%	$174.6M	$94.0M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.601	+0.017%	$3.8M	$894K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.605	+0.023%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.620	+0.046%	$447K	$1.4M	20x	as long as short
Paradex XAG-USD-PERPshort	+0.0057%	8h	65.632	+0.064%	$29K	$166	5x
Kalshi KXSILVERPERP	+0.0098%	24h	65.648	+0.089%	$699K	$38.6M	8.1x	as long as short
Pacifica XAGlong	+0.0100%	1h	65.590	long leg	$467K	$570K	10x
KuCoin XAGUSDTM	+0.0100%	4h	65.640	+0.077%	$25.4M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.700	+0.168%	$112K	$19K	50x	as long as short
Variational Omni XAG	+0.0101%	4h	65.650	+0.091%	$5.7M	$9.1M	—	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.690	+0.153%	$1.6M	$1.9M	20x	as long as short
Phoenix SILVER	+0.0110%	1h	65.621	+0.048%	$55K	$14K	25x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.732	+0.217%	$1.2M	$4.9M	20x	as long as short
Aevo XAG-PERP	+0.0120%	1h	65.659	+0.106%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0122%	4h	65.680	+0.138%	$121.7M	$162.6M	1000x	as long as short
Aster XAGUSDT	+0.0122%	4h	65.655	+0.099%	$2.7M	$1.1M	100x	as long as short
Binance XAGUSDT	+0.0123%	4h	65.693	+0.158%	$191.8M	$862.7M	100x	as long as short
edgeX XAGUSDC	+0.0129%	4h	65.604	+0.021%	$668K	$315K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0160%	4h	65.726	+0.208%	$396K	$1.5M	25x	as long as short
Bybit XAGUSDT	+0.0164%	4h	65.710	+0.184%	$30.5M	$47.9M	150x	as long as short
Nado XAG-PERP	+0.0171%	1h	65.587	−0.004%	$1.2M	$3.7M	10x	as long as short
Lighter XAG	+0.0192%	1h	65.684	+0.144%	$5.1M	$11.6M	25x	as long as short
Bullet SILVER-USD	+0.0195%	1h	65.660	+0.107%	$45K	$74K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.650	+0.092%	$77K	$411K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0216%	8h	65.700	+0.168%	$28.1M	$85.8M	50x	as long as short
Aftermath Perps XAGUSD	+0.0222%	1h	65.626	+0.055%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0250%	4h	65.710	+0.184%	$23.2M	$52.7M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0267% / S −0.0235%	1h	65.665	+0.115%	$93K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0280%	1h	65.696	+0.163%	$21K	$12K	10x	as long as short
BloFin XAG-USDT	+0.0363%	4h	65.650	+0.092%	$2.7M	$771K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0547%	1h	65.622	+0.049%	$1.0M	$943K	25x	as long as short