Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.006%

Price spread now: BloFin against Pacifica+0.077%7-day average +0.072% · you sell dearer than you buy

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

Long on Pacifica Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.208%−$21 on $10k

Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.077%, 7d avg +0.072%

Together, before fees−0.158%+ Points / potential airdropPacifica: Active · farm board−$16 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAG	66.079	0.0100	pay 0.0013% / 1h	47m 13s	$471K	$607K	10x
Short	BloFin XAG-USDT	66.130	0.0103	get 0.0052% / 4h	2h 47m	$2.6M	$571K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee PacificabpFee BloFinbpOrdersPrice spread, now +0.077%Rate

Funding earned: $0.65
Price spread: +0.077% → +0.072%: $0.54
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$18.81
Costs to cover: 0.200%
Break-even: 210.7 days

Slippage unknown: Pacifica: live order book, 2 min ago; BloFin: live order book, 6 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 Pacifica live order book, 2 min ago	0.23 bp	4.3 bp −$4	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	0.76 bp	6.8 bp −$7	6.8 bp −$68	8.3 bp −$835	13.1 bp −$6,531

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	−0.0029%	1h	66.020	−0.089%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	66.104	+0.038%	$14K	$66	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.140	+0.092%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.190	+0.168%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.150	+0.107%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.094	+0.023%	$121K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	66.146	+0.101%	$1.3M	$4.8M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.142	+0.095%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.094	+0.023%	$5.2M	$11.4M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.486%	$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
Phoenix SILVER	+0.0036%	1h	66.096	+0.026%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.140	+0.092%	$796K	$3.0M	40x	as long as short
Gate XAG_USDT	+0.0042%	4h	66.160	+0.122%	$149.9M	$154.0M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.571	+0.744%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.112	+0.050%	$3.9M	$676K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.094	+0.023%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.120	+0.062%	$114K	$2.7M	20x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	66.125	+0.070%	$30K	$1K	5x	as long as short
tradeXYZ xyz:SILVER	+0.0071%	1h	66.109	+0.045%	$166.7M	$73.8M	25x	as long as short
Kalshi KXSILVERPERP	+0.0075%	24h	66.112	+0.050%	$519K	$26.7M	8.1x	as long as short
Bybit XAGUSDT	+0.0077%	4h	66.170	+0.138%	$27.8M	$36.2M	150x	as long as short
Pacifica XAGlong	+0.0100%	1h	66.079	long leg	$471K	$607K	10x
KuCoin XAGUSDTM	+0.0100%	4h	66.110	+0.047%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.100	+0.032%	$113K	$30K	50x	as long as short
BloFin XAG-USDTshort	+0.0103%	4h	66.130	+0.077%	$2.6M	$571K	100x
Aster XAGUSDT	+0.0108%	4h	66.155	+0.114%	$2.7M	$873K	100x	as long as short
Lighter XAG	+0.0136%	1h	66.147	+0.103%	$5.3M	$10.6M	25x	as long as short
Variational Omni XAG	+0.0151%	4h	66.143	+0.097%	$5.7M	$9.5M	—	as long as short
Aevo XAG-PERP	+0.0152%	1h	66.134	+0.084%	$47K	—	10x	as long as short
MEXC SILVER_USDT	+0.0160%	4h	66.150	+0.107%	$116.4M	$151.8M	1000x	as long as short
Binance XAGUSDT	+0.0161%	4h	66.150	+0.107%	$191.4M	$702.1M	100x	as long as short
Nado XAG-PERP	+0.0164%	1h	66.107	+0.041%	$1.4M	$5.5M	10x	as long as short
edgeX XAGUSDC	+0.0174%	4h	66.143	+0.097%	$671K	$312K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.980	−0.150%	$1.8M	$1.0M	20x	as long as short
Aftermath Perps XAGUSD	+0.0196%	1h	66.096	+0.026%	$80K	$36K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.140	+0.092%	$74K	$364K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0206%	4h	66.160	+0.122%	$395K	$1.5M	25x	as long as short
Bitget XAGUSDT	+0.0220%	4h	66.160	+0.122%	$24.0M	$44.8M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0221%	8h	66.150	+0.107%	$27.8M	$64.6M	50x	as long as short
Bullet SILVER-USD	+0.0228%	1h	66.147	+0.103%	$44K	$76K	10x	as long as short
Hotstuff SILVER-PERP	+0.0232%	1h	66.107	+0.042%	$35K	$21K	20x	as long as short
Hibachi XAG/USDT-P	+0.0320%	1h	66.100	+0.032%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0388% / S −0.0443%	1h	66.145	+0.100%	$106K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0466%	1h	66.122	+0.065%	$909K	$688K	25x	as long as short