Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h +0.018%
Price spread now: Pacifica against Phoenix+0.007%47s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix SILVER65.9950.0073pay 0.0009% / 1h2m 19s$56K$26K25x
ShortPacifica XAG66.0000.0100get 0.0013% / 1h2m 19s$469K$604K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Phoenix. 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

Funding earned
$5.72
Price spread: +0.007% → 0.000%
$0.7
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$8.58
Costs to cover
0.150%
Break-even
17.5 days
Slippage unknown: Phoenix: no order-book sample; Pacifica: live order book, 51 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix no order-book sample
Sell Pacifica live order book, 51 min ago0.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Phoenix: 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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0050%1h65.940−0.083%$5.7M$9.2M25xas long as short
dYdX XAG-USD0.0000%1h65.989−0.010%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.070+0.114%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.100+0.159%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.070+0.114%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.001+0.009%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.053+0.088%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.999+0.006%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.614%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.080+0.129%$795K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.482+0.738%25xas long as short
Gate XAG_USDT+0.0046%4h66.080+0.129%$149.9M$164.5M100xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.027+0.048%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.9950.000%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0055%8h66.047+0.079%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.040+0.068%$114K$2.7M20xas long as short
tradeXYZ xyz:SILVER+0.0060%1h66.026+0.047%$166.3M$73.9M25xas long as short
Phoenix SILVERlong+0.0073%1h65.995long leg$56K$26K25x
Kalshi KXSILVERPERP+0.0074%24h66.027+0.048%$530K$26.7M8.1xas long as short
Hotstuff SILVER-PERP+0.0080%1h66.032+0.056%$35K$21K20xas long as short
RISEx XAG/USDC+0.0080%1h66.066+0.107%$1.3M$4.9M20xas long as short
Pacifica XAGshort+0.0100%1h66.000+0.007%$469K$604K10x
KuCoin XAGUSDTM+0.0100%4h66.030+0.053%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.990−0.008%$113K$30K50xas long as short
Bybit XAGUSDT+0.0104%4h66.080+0.129%$27.8M$36.5M150xas long as short
Aster XAGUSDT+0.0119%4h66.069+0.113%$2.7M$871K100xas long as short
Lighter XAG+0.0120%1h66.055+0.091%$5.2M$10.9M25xas long as short
Variational Omni XAG+0.0164%4h66.053+0.089%$5.7M$9.5Mas long as short
Aevo XAG-PERP+0.0168%1h66.050+0.084%$47K10xas long as short
MEXC SILVER_USDT+0.0172%4h66.060+0.098%$115.2M$152.9M1000xas long as short
Binance XAGUSDT+0.0172%4h66.067+0.110%$191.1M$702.8M100xas long as short
edgeX XAGUSDC+0.0183%4h66.054+0.089%$670K$311K30xas long as short
Nado XAG-PERP+0.0187%1h66.017+0.034%$1.4M$5.8M10xas long as short
Aftermath Perps XAGUSD+0.0199%1h66.029+0.051%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0204%1h66.040+0.068%$75K$363K20xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.980−0.023%$1.8M$1.0M20xas long as short
GRVT XAG_USDT_Perp+0.0210%4h66.073+0.118%$395K$1.5M25xas long as short
BloFin XAG-USDT+0.0221%4h66.040+0.068%$2.6M$570K100xas long as short
OKX XAG-USDT-SWAP+0.0223%8h66.070+0.114%$27.8M$64.6M50xas long as short
Bitget XAGUSDT+0.0226%4h66.070+0.114%$24.0M$44.9M100xas long as short
Bullet SILVER-USD+0.0237%1h66.074+0.120%$44K$75K10xas long as short
Hibachi XAG/USDT-P+0.0304%1h66.042+0.070%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0440%1h66.065+0.106%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h66.032+0.056%$911K$685K25xas long as short