XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h −0.022%

Price spread now: Pacifica against Nado+0.003%50s7-day average −0.030% · you sell dearer than you buy

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

Long on Nado Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.094%−$9 on $10k

Price spread, last 4 days (all we have)−0.181%−$18 · spread now +0.003%, 7d avg −0.030%

Together, before fees−0.275%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$27 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.033% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.030%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XAG-PERP	65.370	0.0104	pay 0.0013% / 1h	43m 31s	$1.2M	$5.5M	10x
Short	Pacifica XAG	65.371	0.0100	get 0.0013% / 1h	43m 31s	$467K	$627K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Nado. 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 NadobpFee PacificabpOrdersPrice spread, now +0.003%Rate

Funding earned: −$0.94
Price spread: +0.003% → −0.030%: $3.28
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$12.66
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 5 min ago; Pacifica: live order book, 65 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 Nado live order book, 5 min ago	0.08 bp	4.2 bp −$4	8.0 bp −$80	34.5 bp −$3,453	doesn't fit
Sell Pacifica live order book, 65 min ago	0.23 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
Hibachi XAG/USDT-P	−0.0120%	1h	65.374	+0.006%	$20K	$20K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0086%	1h	65.300	−0.106%	$5.6M	$9.7M	25x	as long as short
Hotstuff SILVER-PERP	−0.0024%	1h	65.395	+0.039%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.404	+0.052%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.440	+0.108%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.450	+0.123%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.420	+0.077%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.373	+0.006%	$118K	—	250x	as long as short
Bybit XAGUSDT	+0.0024%	4h	65.440	+0.108%	$28.4M	$39.6M	150x	as long as short
Gate XAG_USDT	+0.0028%	4h	65.450	+0.123%	$141.4M	$180.8M	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	65.414	+0.068%	$4.6M	$9.7M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.365	−0.006%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.576%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.420	+0.077%	$787K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.843	+0.724%	—	—	25x	as long as short
Aster XAGUSDT	+0.0047%	4h	65.435	+0.100%	$2.7M	$966K	100x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.400	+0.047%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.398	+0.044%	$170.3M	$83.7M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.382	+0.019%	$3.8M	$718K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.364	−0.008%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0058%	8h	65.408	+0.059%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.420	+0.077%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.384	+0.022%	$56K	$31K	25x	as long as short
Variational Omni XAG	+0.0070%	4h	65.414	+0.067%	$5.5M	$9.4M	—	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.394	+0.037%	$491K	$30.2M	8.1x	as long as short
Binance XAGUSDT	+0.0079%	4h	65.432	+0.095%	$189.8M	$763.1M	100x	as long as short
MEXC SILVER_USDT	+0.0080%	4h	65.410	+0.062%	$115.1M	$157.1M	1000x	as long as short
Aevo XAG-PERP	+0.0088%	1h	65.408	+0.059%	$47K	—	10x	as long as short
Lighter XAG	+0.0088%	1h	65.423	+0.082%	$5.4M	$11.3M	25x	as long as short
edgeX XAGUSDC	+0.0090%	4h	65.433	+0.097%	$666K	$314K	30x	as long as short
Pacifica XAGshort	+0.0100%	1h	65.371	+0.003%	$467K	$627K	10x
KuCoin XAGUSDTM	+0.0100%	4h	65.380	+0.016%	$25.4M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.410	+0.062%	$112K	$19K	50x	as long as short
Nado XAG-PERPlong	+0.0104%	1h	65.370	long leg	$1.2M	$5.5M	10x
GRVT XAG_USDT_Perp	+0.0120%	4h	65.397	+0.043%	$397K	$1.6M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.380	+0.016%	$1.6M	$1.4M	20x	as long as short
Bullet SILVER-USD	+0.0149%	1h	65.435	+0.100%	$43K	$77K	10x	as long as short
Bitget XAGUSDT	+0.0186%	4h	65.430	+0.092%	$23.8M	$46.7M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0191%	8h	65.430	+0.092%	$27.9M	$71.3M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.410	+0.062%	$66K	$372K	20x	as long as short
Aftermath Perps XAGUSD	+0.0211%	1h	65.399	+0.045%	$79K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0320% / S −0.0301%	1h	65.435	+0.100%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0322%	4h	65.470	+0.154%	$2.6M	$616K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0492%	1h	65.391	+0.033%	$916K	$746K	25x	as long as short