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−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Pacifica−0.023%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 5 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 −$3 a day on $10k at the current rate, and dYdX is 0.023% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAG66.0380.0100pay 0.0013% / 1h35m 09s$470K$619K10x
ShortdYdX XAG-USD66.0220get 0.0000% / 1h35m 09s$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$21
Price spread: −0.023% → 0.000%
−$2.35
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$41.35
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 24 min ago; dYdX: no order-book sample. 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 Pacifica live order book, 24 min ago0.08 bp8.0 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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-USDshort0.0000%1h66.022−0.023%$15K5x
Gate XAG_USDT0.0000%4h66.120+0.124%$150.0M$163.2M100xas long as short
SunX XAG-USDT0.0000%4h66.110+0.109%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.140+0.154%$1.0M$978K75xas long as short
Phemex XAGUSDT0.0000%4h66.120+0.124%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.040+0.003%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.094+0.085%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.035−0.005%$5.2M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.548%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.130+0.139%$795K$3.0M40xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SI-PERP+0.0046%1h66.532+0.748%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.065+0.041%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.041+0.005%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h65.980−0.088%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.090+0.079%$115K$2.7M20xas long as short
Phoenix SILVER+0.0060%1h66.050+0.018%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0069%24h66.065+0.041%$518K$25.5M8.1xas long as short
Pacifica XAGlong+0.0100%1h66.038long leg$470K$619K10x
KuCoin XAGUSDTM+0.0100%4h66.080+0.064%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.070+0.048%$113K$30K50xas long as short
Hotstuff SILVER-PERP+0.0120%1h66.074+0.055%$35K$21K20xas long as short
tradeXYZ xyz:SILVER+0.0133%1h66.078+0.061%$165.4M$73.9M25xas long as short
RISEx XAG/USDC+0.0137%1h66.106+0.103%$1.3M$4.5M20xas long as short
Aster XAGUSDT+0.0147%4h66.100+0.094%$2.7M$876K100xas long as short
Paradex XAG-USD-PERP+0.0152%8h66.087+0.074%$30K$1K5xas long as short
Bybit XAGUSDT+0.0157%4h66.130+0.139%$27.0M$36.2M150xas long as short
Nado XAG-PERP+0.0194%1h66.0380.000%$1.3M$6.5M10xas long as short
Lighter XAG+0.0200%1h66.102+0.097%$5.2M$10.5M25xas long as short
Aevo XAG-PERP+0.0200%1h66.103+0.098%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h66.130+0.139%$1.8M$999K20xas long as short
BloFin XAG-USDT+0.0201%4h66.110+0.109%$2.6M$554K100xas long as short
Variational Omni XAG+0.0210%4h66.123+0.129%$5.6M$9.7Mas long as short
MEXC SILVER_USDT+0.0216%4h66.100+0.094%$109.2M$152.5M1000xas long as short
Binance XAGUSDT+0.0217%4h66.109+0.108%$192.7M$701.1M100xas long as short
edgeX XAGUSDC+0.0220%4h66.135+0.146%$671K$311K30xas long as short
Aftermath Perps XAGUSD+0.0230%1h66.074+0.054%$80K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0231%8h66.120+0.124%$27.8M$65.4M50xas long as short
Bitget XAGUSDT+0.0260%4h66.100+0.094%$23.8M$45.6M100xas long as short
GRVT XAG_USDT_Perp+0.0286%4h66.160+0.185%$389K$1.5M25xas long as short
Bullet SILVER-USD+0.0310%1h66.109+0.108%$45K$76K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.090+0.079%$62K$348K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0375% / S −0.0409%1h66.115+0.117%$103K111xas long as short
Hibachi XAG/USDT-P+0.0376%1h66.080+0.064%$20K$19K10xas long as short
Kraken Futures PF_XAGUSD+0.0485%1h66.067+0.044%$911K$676K25xas long as short