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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0172%/8h= −18.8% APRnext payment $0.21 per $10,000 · paid last 24h −0.034%
Price spread now: Pacifica against Bullet−0.131%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Pacifica is 0.131% cheaper against Bullet than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SILVER-USD66.1610.0272pay 0.0034% / 1h3m 19s$45K$76K10x
ShortPacifica XAG66.0740.0100get 0.0013% / 1h3m 19s$470K$612K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Bullet. 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
−$36.05
Price spread: −0.131% → 0.000%
−$13.14
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$65.19
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Bullet: no order-book sample; Pacifica: live order book, 60 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 Bullet no order-book sample
Sell Pacifica live order book, 60 min ago0.23 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Bullet: 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
dYdX XAG-USD0.0000%1h66.087−0.112%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.170+0.014%$149.5M$165.2M100xas long as short
SunX XAG-USDT0.0000%4h66.160−0.002%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.190+0.044%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.170+0.014%$1.5M$255K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.090−0.107%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.131−0.045%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.086−0.113%$5.2M$12.0M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.361%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.100−0.092%$795K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P+0.0042%1h66.020−0.213%$5.7M$9.7M25xas long as short
Vest SI-PERP+0.0046%1h66.580+0.633%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.110−0.077%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.085−0.115%$3K$6K20xas long as short
Hotstuff SILVER-PERP+0.0056%1h66.100−0.092%$35K$21K20xas long as short
QFEX SILVER-USD+0.0062%1h66.140−0.032%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0066%24h66.101−0.091%$544K$24.8M8.1xas long as short
Phoenix SILVER+0.0084%1h66.097−0.097%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0093%1h66.122−0.059%$165.4M$73.8M25xas long as short
Pacifica XAGshort+0.0100%1h66.074−0.131%$470K$612K10x
KuCoin XAGUSDTM+0.0100%4h66.090−0.107%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.120−0.062%$113K$30K50xas long as short
Aster XAGUSDT+0.0122%4h66.120−0.062%$2.7M$878K100xas long as short
Paradex XAG-USD-PERP+0.0127%8h66.129−0.049%$30K$1K5xas long as short
Bybit XAGUSDT+0.0134%4h66.170+0.014%$26.9M$36.0M150xas long as short
Aevo XAG-PERP+0.0176%1h66.148−0.020%$47K10xas long as short
Variational Omni XAG+0.0178%4h66.142−0.029%$5.6M$9.8Mas long as short
RISEx XAG/USDC+0.0181%1h66.149−0.018%$1.3M$4.4M20xas long as short
Lighter XAG+0.0184%1h66.139−0.034%$5.2M$10.6M25xas long as short
MEXC SILVER_USDT+0.0188%4h66.160−0.002%$106.8M$154.2M1000xas long as short
Binance XAGUSDT+0.0190%4h66.160−0.002%$191.8M$705.6M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.180+0.029%$1.8M$1.0M20xas long as short
edgeX XAGUSDC+0.0198%4h66.162+0.002%$671K$315K30xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0204%1h66.130−0.047%$63K$337K20xas long as short
BloFin XAG-USDT+0.0207%4h66.160−0.002%$2.6M$551K100xas long as short
OKX XAG-USDT-SWAP+0.0216%8h66.150−0.017%$27.7M$65.8M50xas long as short
Nado XAG-PERP+0.0224%1h66.085−0.115%$1.3M$6.5M10xas long as short
Aftermath Perps XAGUSD+0.0230%1h66.129−0.049%$80K$37K10xas long as short
Bitget XAGUSDT+0.0238%4h66.150−0.017%$23.8M$45.6M100xas long as short
GRVT XAG_USDT_Perp+0.0254%4h66.140−0.032%$396K$1.5M25xas long as short
Bullet SILVER-USDlong+0.0272%1h66.161long leg$45K$76K10x
Hibachi XAG/USDT-P+0.0296%1h66.066−0.143%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0361% / S −0.0389%1h66.165+0.006%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0551%1h66.117−0.066%$912K$674K25xas long as short