XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.012%

Price spread now: QFEX against Pacifica+0.077%7-day average +0.045% · you sell dearer than you buy

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

Long on Pacifica Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.033%+$3 on $10k

Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.077%, 7d avg +0.045%

Together, before fees−0.010%+ Points / potential airdropPacifica: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.032% dearer against Pacifica than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.045%): +$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 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAG	66.169	0.0100	pay 0.0013% / 1h	26m 18s	$473K	$625K	10x
Short	QFEX SILVER-USD	66.220	0.0016	get 0.0002% / 1h	26m 18s	$152K	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.077%Rate

Funding earned: −$17.56
Price spread: +0.077% → +0.045%: $3.23
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$32.33
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 58 min ago; QFEX: live order book, 6 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, 58 min ago	0.38 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 6 min ago	2.27 bp	7.3 bp −$7	7.3 bp −$73	8.9 bp −$888	13.9 bp −$6,928

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
Kraken Futures PF_XAGUSD	−0.0272%	1h	66.207	+0.058%	$767K	$567K	25x	as long as short
Hotstuff SILVER-PERP	−0.0024%	1h	66.191	+0.033%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.175	+0.009%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.230	+0.092%	$25.6M	$33.3M	150x	as long as short
RISEx XAG/USDC	0.0000%	1h	66.229	+0.090%	$1.3M	$4.2M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.220	+0.077%	$146.3M	$172.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.240	+0.107%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.270	+0.153%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.250	+0.122%	$1.5M	$248K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.150	−0.029%	$120K	—	250x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SILVER-USDshort	+0.0016%	1h	66.220	+0.077%	$152K	$2.8M	20x
Lighter RH XAG	+0.0032%	1h	66.211	+0.063%	$4.7M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.151	−0.027%	$5.5M	$12.4M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.349%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.180	+0.017%	$792K	$2.7M	40x	as long as short
Aster XAGUSDT	+0.0040%	4h	66.237	+0.103%	$2.8M	$1.0M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.654	+0.733%	—	—	25x	as long as short
Bitget XAGUSDT	+0.0046%	4h	66.230	+0.092%	$23.7M	$47.6M	100x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.180	+0.017%	$164.8M	$88.8M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.192	+0.035%	$3.9M	$694K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.160	−0.014%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.140	−0.044%	$5.7M	$9.9M	25x	as long as short
Variational Omni XAG	+0.0055%	4h	66.207	+0.057%	$5.5M	$10.5M	—	as long as short
Kalshi KXSILVERPERP	+0.0056%	24h	66.209	+0.060%	$583K	$21.3M	8.1x	as long as short
Phoenix SILVER	+0.0073%	1h	66.172	+0.005%	$56K	$26K	25x	as long as short
MEXC SILVER_USDT	+0.0074%	4h	66.210	+0.062%	$118.0M	$181.8M	1000x	as long as short
Binance XAGUSDT	+0.0077%	4h	66.220	+0.077%	$189.9M	$728.2M	100x	as long as short
Aevo XAG-PERP	+0.0080%	1h	66.237	+0.102%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0089%	4h	66.236	+0.101%	$672K	$316K	30x	as long as short
BloFin XAG-USDT	+0.0090%	4h	66.240	+0.107%	$2.5M	$847K	100x	as long as short
GRVT XAG_USDT_Perp	+0.0092%	4h	66.268	+0.149%	$390K	$1.5M	25x	as long as short
Pacifica XAGlong	+0.0100%	1h	66.169	long leg	$473K	$625K	10x
KuCoin XAGUSDTM	+0.0100%	4h	66.190	+0.032%	$24.3M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.200	+0.047%	$113K	$26K	50x	as long as short
Hibachi XAG/USDT-P	+0.0104%	1h	66.180	+0.017%	$20K	$22K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.190	+0.032%	$1.9M	$859K	20x	as long as short
Paradex XAG-USD-PERP	+0.0119%	8h	66.206	+0.055%	$30K	$1K	5x	as long as short
Aftermath Perps XAGUSD	+0.0120%	1h	66.217	+0.073%	$80K	$40K	10x	as long as short
Lighter XAG	+0.0136%	1h	66.208	+0.060%	$5.1M	$10.9M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0164%	8h	66.230	+0.092%	$27.3M	$66.3M	50x	as long as short
Nado XAG-PERP	+0.0217%	1h	66.157	−0.019%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0266%	1h	66.228	+0.089%	$44K	$74K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0303% / S −0.0300%	1h	66.225	+0.085%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0506%	1h	66.220	+0.077%	$51K	$359K	20x	as long as short