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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: Pacifica against Lighter RH−0.083%7-day average −0.031% · 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 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.083%, 7d avg −0.031%
Together, before fees+0.054%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.053% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.031%). If the spread goes back, that is −$5 on $10k: about 2.6 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.012% in total) that is about 31 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XAG65.3620.0032pay 0.0004% / 1h25m 27s$4.6M$9.8M25x
ShortPacifica XAG65.3080.0100get 0.0013% / 1h25m 27s$467K$624K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Lighter RH. 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
$14.28
Price spread: −0.083% → −0.031%
−$5.26
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$1.02
Costs to cover
0.080%
Break-even
6.5 days
Slippage unknown: Lighter RH: live order book, 3 min ago; Pacifica: live order book, 18 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 Lighter RH live order book, 3 min ago1.52 bp1.8 bp −$23.3 bp −$3327.6 bp −$2,757doesn't fit
Sell Pacifica live order book, 18 min ago0.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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
Hibachi XAG/USDT-P−0.0184%1h65.320−0.064%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0088%1h65.240−0.187%$5.6M$9.8M25xas long as short
Hotstuff SILVER-PERP−0.0040%1h65.327−0.054%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.295−0.102%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.370+0.012%$27.8M$40.0M150xas long as short
SunX XAG-USDT0.0000%4h65.390+0.043%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.420+0.089%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.390+0.043%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.320−0.065%$118K250xas long as short
Gate XAG_USDT+0.0026%4h65.380+0.028%$141.1M$182.5M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAGlong+0.0032%1h65.362long leg$4.6M$9.8M25x
Extended XAG-USD+0.0032%1h65.308−0.082%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.588%$11K$94K52xas long as short
Variational Omni XAG+0.0035%4h65.364+0.002%$5.5M$9.4Mas long as short
Aster XAGUSDT+0.0040%4h65.340−0.034%$2.7M$975K100xas long as short
StandX XAG-USD+0.0040%1h65.360−0.003%$786K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h65.784+0.646%25xas long as short
QFEX SILVER-USD+0.0050%1h65.350−0.018%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.333−0.044%$170.3M$83.7M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.328−0.052%$3.8M$718K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.308−0.083%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0055%8h65.353−0.014%$29K$1K5xas long as short
Binance XAGUSDT+0.0061%4h65.370+0.012%$190.9M$763.6M100xas long as short
RISEx XAG/USDC+0.0061%1h65.384+0.033%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.347−0.023%$56K$31K25xas long as short
MEXC SILVER_USDT+0.0062%4h65.360−0.003%$115.9M$157.4M1000xas long as short
edgeX XAGUSDC+0.0066%4h65.342−0.031%$665K$312K30xas long as short
Aevo XAG-PERP+0.0072%1h65.360−0.004%$47K10xas long as short
Kalshi KXSILVERPERP+0.0077%24h65.356−0.009%$517K$31.0M8.1xas long as short
Pacifica XAGshort+0.0100%1h65.308−0.083%$467K$624K10x
KuCoin XAGUSDTM+0.0100%4h65.340−0.034%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.290−0.110%$112K$19K50xas long as short
GRVT XAG_USDT_Perp+0.0116%4h65.363+0.001%$385K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.320−0.064%$1.6M$1.4M20xas long as short
Nado XAG-PERP+0.0130%1h65.317−0.069%$1.2M$5.4M10xas long as short
Lighter XAG+0.0144%1h65.368+0.009%$5.4M$11.4M25xas long as short
Bitget XAGUSDT+0.0176%4h65.370+0.012%$23.8M$46.3M100xas long as short
Bullet SILVER-USD+0.0179%1h65.374+0.018%$44K$76K10xas long as short
OKX XAG-USDT-SWAP+0.0183%8h65.360−0.003%$28.0M$70.6M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.360−0.003%$65K$378K20xas long as short
Aftermath Perps XAGUSD+0.0221%1h65.346−0.024%$79K$37K10xas long as short
BloFin XAG-USDT+0.0255%4h65.350−0.018%$2.6M$611K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0273% / S −0.0241%1h65.365+0.005%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.353−0.013%$916K$746K25xas long as short