Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.034%

Price spread now: Pacifica against Bitget−0.022%7-day average −0.063% · you buy dearer than you sell

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

Long on Bitget Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)−0.059%−$6 · spread now −0.022%, 7d avg −0.063%

Together, before fees−0.100%+ Points / potential airdropPacifica: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.041% dearer against Bitget than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.063%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.040% in total) that is about 7.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XAGUSDT	66.350	0.0256	pay 0.0128% / 4h	1h 55m	$23.9M	$46.1M	100x
Short	Pacifica XAG	66.335	0.0100	get 0.0013% / 1h	55m 53s	$472K	$607K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Bitget. 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 BitgetbpFee PacificabpOrdersPrice spread, now −0.022%Rate

Funding earned: −$32.76
Price spread: −0.022% → −0.063%: $4.1
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$48.66
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 3 min ago; Pacifica: live order book, 8 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 Bitget live order book, 3 min ago	0.75 bp	7.3 bp −$7	9.0 bp −$90	16.8 bp −$1,678	50.6 bp −$25.3K
Sell Pacifica live order book, 8 min ago	0.23 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

XAG on 43 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	66.359	+0.013%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.360	+0.015%	$152.1M	$161.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.380	+0.045%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.390	+0.060%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.370	+0.030%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.288	−0.093%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.346	−0.006%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.278	−0.109%	$5.3M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.075%	$11K	$94K	52x	as long as short
Ondo Perps XAG-USD.P	+0.0039%	1h	66.290	−0.090%	$5.7M	$9.7M	25x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.440	+0.136%	$799K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.807	+0.689%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.307	−0.065%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.325	−0.038%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.281	−0.104%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.370	+0.030%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0063%	24h	66.350	0.000%	$543K	$24.5M	8.1x	as long as short
Pacifica XAGshort	+0.0100%	1h	66.335	−0.022%	$472K	$607K	10x
KuCoin XAGUSDTM	+0.0100%	4h	66.300	−0.075%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.290	−0.090%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0103%	1h	66.302	−0.072%	$165.9M	$75.7M	25x	as long as short
Paradex XAG-USD-PERP	+0.0141%	8h	66.371	+0.031%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0144%	4h	66.341	−0.013%	$2.7M	$941K	100x	as long as short
Bybit XAGUSDT	+0.0146%	4h	66.360	+0.015%	$26.7M	$36.2M	150x	as long as short
Lighter XAG	+0.0160%	1h	66.352	+0.003%	$5.3M	$10.4M	25x	as long as short
Hotstuff SILVER-PERP	+0.0160%	1h	66.342	−0.012%	$35K	$21K	20x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.355	+0.007%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0178%	4h	66.354	+0.006%	$5.5M	$9.8M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.388	+0.057%	$1.2M	$4.4M	20x	as long as short
MEXC SILVER_USDT	+0.0192%	4h	66.350	0.000%	$111.6M	$151.6M	1000x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.320	−0.045%	$1.9M	$971K	20x	as long as short
Binance XAGUSDT	+0.0192%	4h	66.343	−0.011%	$192.2M	$706.7M	100x	as long as short
edgeX XAGUSDC	+0.0197%	4h	66.335	−0.023%	$673K	$315K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0217%	8h	66.340	−0.015%	$27.9M	$65.7M	50x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.338	−0.019%	$20K	$22K	10x	as long as short
Aftermath Perps XAGUSD	+0.0235%	1h	66.345	−0.007%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0253%	1h	66.327	−0.034%	$1.3M	$6.6M	10x	as long as short
Bitget XAGUSDTlong	+0.0256%	4h	66.350	long leg	$23.9M	$46.1M	100x
GRVT XAG_USDT_Perp	+0.0280%	4h	66.367	+0.026%	$398K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0294%	1h	66.367	+0.026%	$46K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0328% / S −0.0338%	1h	66.365	+0.023%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.330	−0.030%	$50K	$326K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0549%	1h	66.321	−0.043%	$765K	$478K	25x	as long as short