XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.011%

Price spread now: Pacifica against Extended+0.002%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$170.173% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now +0.002%, 7d avg −0.012%

Together, before fees−0.028%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	65.570	0.0032	pay 0.0004% / 1h	46m 44s	$5.1M	$11.8M	10x
Short	Pacifica XAG	65.571	0.0100	get 0.0013% / 1h	46m 44s	$467K	$567K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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 ExtendedbpFee PacificabpOrdersPrice spread, now +0.002%Rate

Funding earned: $14.28
Price spread: +0.002% → −0.012%: $1.47
Slippage, 4 orders: −$4.28
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$1.53
Costs to cover: 0.173%
Break-even: 7.8 days

Slippage from Extended: live order book, 5 min ago; Pacifica: live order book, 65 min ago.

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 Extended live order book, 5 min ago	0.15 bp	3.2 bp −$3	4.7 bp −$47	12.6 bp −$1,260	doesn't fit
Sell Pacifica live order book, 65 min ago	1.30 bp	6.0 bp −$6	doesn't fit	doesn't fit	doesn't fit

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	−0.058%	$36K	$23K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.598	+0.043%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.640	+0.107%	$138.3M	$204.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.660	+0.138%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.670	+0.153%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.680	+0.168%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.605	+0.054%	$119K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0004%	1h	65.530	−0.061%	$5.7M	$11.0M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	65.620	+0.077%	$4.6M	$9.5M	25x	as long as short
Extended XAG-USDlong	+0.0032%	1h	65.570	long leg	$5.1M	$11.8M	10x

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	−1.476%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.680	+0.168%	$790K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.076	+0.772%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.606	+0.055%	$3.8M	$893K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.588	+0.028%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.640	+0.107%	$447K	$1.4M	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	65.608	+0.058%	$29K	$166	5x	as long as short
tradeXYZ xyz:SILVER	+0.0057%	1h	65.597	+0.042%	$174.4M	$94.1M	25x	as long as short
Variational Omni XAG	+0.0086%	4h	65.668	+0.150%	$5.7M	$9.1M	—	as long as short
Kalshi KXSILVERPERP	+0.0100%	24h	65.635	+0.100%	$719K	$38.7M	8.1x	as long as short
Pacifica XAGshort	+0.0100%	1h	65.571	+0.002%	$467K	$567K	10x
KuCoin XAGUSDTM	+0.0100%	4h	65.600	+0.046%	$25.4M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.630	+0.092%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.690	+0.183%	$1.6M	$1.9M	20x	as long as short
Aster XAGUSDT	+0.0107%	4h	65.630	+0.092%	$2.7M	$1.1M	100x	as long as short
Binance XAGUSDT	+0.0109%	4h	65.630	+0.092%	$191.3M	$863.8M	100x	as long as short
MEXC SILVER_USDT	+0.0110%	4h	65.620	+0.077%	$122.4M	$163.0M	1000x	as long as short
Aevo XAG-PERP	+0.0112%	1h	65.640	+0.107%	$47K	—	10x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.620	+0.077%	$1.2M	$4.9M	20x	as long as short
edgeX XAGUSDC	+0.0118%	4h	65.679	+0.167%	$669K	$314K	30x	as long as short
Bybit XAGUSDT	+0.0120%	4h	65.640	+0.107%	$30.6M	$48.2M	150x	as long as short
Phoenix SILVER	+0.0122%	1h	65.626	+0.086%	$55K	$14K	25x	as long as short
GRVT XAG_USDT_Perp	+0.0132%	4h	65.670	+0.153%	$396K	$1.5M	25x	as long as short
Nado XAG-PERP	+0.0142%	1h	65.607	+0.057%	$1.2M	$3.6M	10x	as long as short
Lighter XAG	+0.0144%	1h	65.623	+0.082%	$5.1M	$11.6M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.630	+0.092%	$77K	$414K	20x	as long as short
Bullet SILVER-USD	+0.0208%	1h	65.655	+0.131%	$44K	$73K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0212%	8h	65.630	+0.092%	$28.0M	$85.7M	50x	as long as short
Aftermath Perps XAGUSD	+0.0216%	1h	65.644	+0.113%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0242%	4h	65.620	+0.077%	$23.2M	$52.8M	100x	as long as short
Hibachi XAG/USDT-P	+0.0264%	1h	65.640	+0.107%	$21K	$12K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0270% / S −0.0238%	1h	65.655	+0.130%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0350%	4h	65.680	+0.168%	$2.7M	$772K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0548%	1h	65.617	+0.072%	$1.0M	$943K	25x	as long as short