XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%

Price spread now: Pacifica against Polymarket Perps−0.036%7-day average −0.008% · you buy dearer than you sell

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

Long on Polymarket Perps Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 4 days (all we have)−0.211%−$21 · spread now −0.036%, 7d avg −0.008%

Together, before fees−0.231%+ Points / potential airdropPacifica: Active · farm board−$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.028% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of −0.008%). If the spread goes back, that is −$3 on $10k: about 45 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SILVER-USD	66.790	0.0050	pay 0.0006% / 1h	56m 14s	$3.9M	$699K	20x
Short	Pacifica XAG	66.766	0.0100	get 0.0013% / 1h	56m 14s	$482K	$624K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Polymarket Perps. 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 Polymarket PerpsbpFee PacificabpOrdersPrice spread, now −0.036%Rate

Funding earned: $10.5
Price spread: −0.036% → −0.008%: −$2.84
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$8.34
Costs to cover: 0.160%
Break-even: 12.6 days

Slippage unknown: Polymarket Perps: live order book, 3 min ago; Pacifica: live order book, 18 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 Polymarket Perps live order book, 3 min ago	1.65 bp	5.6 bp −$6	5.8 bp −$58	6.8 bp −$675	doesn't fit
Sell Pacifica live order book, 18 min ago	0.08 bp	doesn't fit	doesn't fit	doesn't fit	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	66.742	−0.071%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.790	0.000%	$155.8M	$164.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.800	+0.015%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.840	+0.075%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.810	+0.030%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.735	−0.082%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.789	−0.002%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.744	−0.069%	$5.4M	$13.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.584%	$11K	$94K	52x	as long as short
Ondo Perps XAG-USD.P	+0.0034%	1h	66.730	−0.090%	$5.7M	$9.8M	25x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SILVER	+0.0036%	1h	66.670	−0.180%	$57K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.750	−0.060%	$803K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	67.257	+0.699%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.761	−0.043%	$166.3M	$87.1M	25x	as long as short
Polymarket Perps SILVER-USDlong	+0.0050%	1h	66.790	long leg	$3.9M	$699K	20x
SoDEX SILVER-USD	+0.0050%	1h	66.730	−0.090%	$4K	$5K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.800	+0.015%	$115K	$2.8M	20x	as long as short
BloFin XAG-USDT	+0.0054%	4h	66.810	+0.030%	$2.6M	$670K	100x	as long as short
Kalshi KXSILVERPERP	+0.0060%	24h	66.767	−0.034%	$557K	$21.7M	8.1x	as long as short
Lighter XAG	+0.0080%	1h	66.786	−0.007%	$5.4M	$10.4M	25x	as long as short
Hotstuff SILVER-PERP	+0.0080%	1h	66.789	−0.001%	$36K	$21K	20x	as long as short
Variational Omni XAG	+0.0087%	4h	66.806	+0.024%	$5.6M	$10.1M	—	as long as short
Paradex XAG-USD-PERP	+0.0093%	8h	66.799	+0.014%	$30K	$1K	5x	as long as short
Pacifica XAGshort	+0.0100%	1h	66.766	−0.036%	$482K	$624K	10x
KuCoin XAGUSDTM	+0.0100%	4h	66.780	−0.015%	$24.7M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.680	−0.165%	$127K	$26K	50x	as long as short
Aster XAGUSDT	+0.0100%	4h	66.787	−0.005%	$2.8M	$1.1M	100x	as long as short
Bybit XAGUSDT	+0.0100%	4h	66.810	+0.030%	$26.6M	$34.9M	150x	as long as short
MEXC SILVER_USDT	+0.0104%	4h	66.800	+0.015%	$116.3M	$153.8M	1000x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.735	−0.082%	$48K	—	10x	as long as short
Binance XAGUSDT	+0.0105%	4h	66.808	+0.028%	$192.5M	$725.8M	100x	as long as short
edgeX XAGUSDC	+0.0122%	4h	66.702	−0.132%	$677K	$313K	30x	as long as short
Nado XAG-PERP	+0.0132%	1h	66.782	−0.012%	$1.3M	$6.6M	10x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.820	+0.045%	$1.3M	$4.2M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0164%	4h	66.732	−0.086%	$401K	$1.5M	25x	as long as short
Bitget XAGUSDT	+0.0166%	4h	66.810	+0.030%	$24.9M	$48.8M	100x	as long as short
Aftermath Perps XAGUSD	+0.0173%	1h	66.687	−0.154%	$80K	$40K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.760	−0.045%	$1.9M	$956K	20x	as long as short
Bullet SILVER-USD	+0.0185%	1h	66.814	+0.036%	$45K	$76K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0192%	8h	66.790	0.000%	$28.2M	$67.7M	50x	as long as short
Hibachi XAG/USDT-P	+0.0248%	1h	66.672	−0.177%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.795	+0.007%	$104K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0349%	1h	66.790	0.000%	$51K	$351K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0487%	1h	66.779	−0.017%	$767K	$592K	25x	as long as short