XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.016%

Price spread now: Pacifica against QFEX−0.070%7-day average −0.045% · you buy dearer than you sell

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

Long on QFEX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.029%−$3 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.070%, 7d avg −0.045%

Together, before fees+0.007%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.025% cheaper against QFEX than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of −0.045%). If the spread goes back, that is −$2 on $10k: about 2.0 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SILVER-USD	66.040	0.0060	pay 0.0007% / 1h	6m 21s	$114K	$2.7M	20x
Short	Pacifica XAG	65.994	0.0100	get 0.0013% / 1h	6m 21s	$469K	$604K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against QFEX. 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 QFEXbpFee PacificabpOrdersPrice spread, now −0.070%Rate

Funding earned: $8.42
Price spread: −0.070% → −0.045%: −$2.45
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$12.04
Costs to cover: 0.180%
Break-even: 17.0 days

Slippage unknown: QFEX: live order book, 7 min ago; Pacifica: live order book, 47 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 QFEX live order book, 7 min ago	2.27 bp	7.3 bp −$7	7.3 bp −$73	8.6 bp −$860	doesn't fit
Sell Pacifica live order book, 47 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
Ondo Perps XAG-USD.P	−0.0053%	1h	65.950	−0.136%	$5.7M	$9.2M	25x	as long as short
Hotstuff SILVER-PERP	−0.0016%	1h	66.012	−0.042%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.989	−0.078%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.080	+0.061%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.080	+0.061%	$1.0M	$949K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.050	+0.015%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.994	−0.070%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.049	+0.013%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.995	−0.068%	$5.2M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.545%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.020	−0.030%	$794K	$3.0M	40x	as long as short
Gate XAG_USDT	+0.0044%	4h	66.070	+0.045%	$149.8M	$164.4M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.475	+0.659%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.025	−0.023%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.994	−0.070%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	66.046	+0.009%	$30K	$1K	5x	as long as short
QFEX SILVER-USDlong	+0.0060%	1h	66.040	long leg	$114K	$2.7M	20x
tradeXYZ xyz:SILVER	+0.0060%	1h	66.024	−0.024%	$166.3M	$73.8M	25x	as long as short
Phoenix SILVER	+0.0073%	1h	65.977	−0.095%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	66.003	−0.056%	$537K	$26.5M	8.1x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.059	+0.029%	$1.3M	$4.9M	20x	as long as short
Pacifica XAGshort	+0.0100%	1h	65.994	−0.070%	$469K	$604K	10x
KuCoin XAGUSDTM	+0.0100%	4h	66.030	−0.015%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.960	−0.121%	$113K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0100%	4h	66.080	+0.061%	$27.8M	$36.5M	150x	as long as short
Lighter XAG	+0.0120%	1h	66.052	+0.018%	$5.2M	$10.9M	25x	as long as short
Aster XAGUSDT	+0.0120%	4h	66.050	+0.015%	$2.7M	$866K	100x	as long as short
Variational Omni XAG	+0.0163%	4h	66.003	−0.056%	$5.6M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.046	+0.009%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0174%	4h	66.060	+0.030%	$114.5M	$152.8M	1000x	as long as short
Binance XAGUSDT	+0.0175%	4h	66.070	+0.045%	$191.0M	$702.9M	100x	as long as short
edgeX XAGUSDC	+0.0182%	4h	66.013	−0.041%	$670K	$311K	30x	as long as short
Nado XAG-PERP	+0.0186%	1h	66.013	−0.040%	$1.4M	$5.8M	10x	as long as short
Aftermath Perps XAGUSD	+0.0198%	1h	66.020	−0.030%	$79K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	66.030	−0.015%	$75K	$363K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0206%	4h	66.028	−0.019%	$394K	$1.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.980	−0.091%	$1.8M	$1.0M	20x	as long as short
BloFin XAG-USDT	+0.0224%	4h	66.030	−0.015%	$2.6M	$569K	100x	as long as short
OKX XAG-USDT-SWAP	+0.0224%	8h	66.050	+0.015%	$27.7M	$64.6M	50x	as long as short
Bitget XAGUSDT	+0.0228%	4h	66.060	+0.030%	$24.0M	$44.9M	100x	as long as short
Bullet SILVER-USD	+0.0236%	1h	66.063	+0.035%	$44K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0304%	1h	66.017	−0.035%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	66.065	+0.038%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	66.039	−0.001%	$911K	$685K	25x	as long as short