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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.19 per $10,000 · paid last 24h +0.049%
Price spread now: GMX against Pacifica+0.097%163s7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.097% dearer against Pacifica than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 163 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAG65.7310.0100pay 0.0013% / 1h3m 28s$465K$523K10x
ShortGMX SILVER/USD [ETH-USDC]65.795L +0.0279% / S −0.0250%get 0.0031% / 1h3m 28s$93K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
$31.48
Price spread: +0.097% → 0.000%
$9.7
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$21.18
Costs to cover
0.200%
Break-even
2.3 days
Slippage unknown: Pacifica: live order book, 43 min ago; GMX: no order-book sample. 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 Pacifica live order book, 43 min ago0.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAG on 44 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP−3.2000%1h65.748+0.025%$39K$26K20xas long as short
dYdX XAG-USD0.0000%1h65.705−0.039%$13K$8K5xas long as short
Gate XAG_USDT0.0000%4h65.760+0.044%$137.3M$207.4M100xas long as short
SunX XAG-USDT0.0000%4h65.800+0.105%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.850+0.181%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.810+0.120%$1.5M$257K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.745+0.021%$119K250xas long as short
Lighter RH XAG+0.0032%1h65.785+0.082%$4.6M$9.9M25xas long as short
Extended XAG-USD+0.0032%1h65.726−0.008%$5.1M$11.9M10xas long as short
Injective XAG/USDC PERP+0.0033%1h64.602−1.718%$11K$24052xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.790+0.089%$791K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.194+0.704%25xas long as short
Bybit XAGUSDT+0.0050%4h65.760+0.044%$30.4M$48.3M150xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.730−0.002%$3.8M$905K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.747+0.024%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h65.680−0.078%$5.7M$11.2M25xas long as short
QFEX SILVER-USD+0.0051%1h65.740+0.013%$447K$1.4M20xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.763+0.048%$29K5xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0054%1h65.780+0.074%$77K$412K20xas long as short
Variational Omni XAG+0.0064%4h65.778+0.070%$5.6M$9.0Mas long as short
Aster XAGUSDT+0.0082%4h65.761+0.045%$2.7M$1.2M100xas long as short
MEXC SILVER_USDT+0.0086%4h65.750+0.029%$117.3M$166.9M1000xas long as short
Binance XAGUSDT+0.0087%4h65.750+0.029%$191.2M$864.8M100xas long as short
tradeXYZ xyz:SILVER+0.0087%1h65.717−0.022%$176.0M$92.9M25xas long as short
Aevo XAG-PERP+0.0096%1h65.793+0.094%$47K10xas long as short
Pacifica XAGlong+0.0100%1h65.731long leg$465K$523K10x
KuCoin XAGUSDTM+0.0100%4h65.720−0.017%$25.4M$4.4M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.740+0.013%$112K$19K50xas long as short
edgeX XAGUSDC+0.0102%4h65.789+0.087%$671K$315K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h65.620−0.169%$1.6M$1.9M20xas long as short
Kalshi KXSILVERPERP+0.0106%24h65.814+0.126%$779K$39.2M8.1xas long as short
GRVT XAG_USDT_Perp+0.0108%4h65.784+0.081%$391K$1.6M25xas long as short
RISEx XAG/USDC+0.0116%1h65.810+0.120%$1.3M$5.4M20xas long as short
Nado XAG-PERP+0.0118%1h65.729−0.004%$1.2M$3.4M10xas long as short
Phoenix SILVER+0.0122%1h65.787+0.085%$55K$14K25xas long as short
Lighter XAG+0.0144%1h65.784+0.080%$5.3M$12.1M25xas long as short
OKX XAG-USDT-SWAP+0.0184%8h65.750+0.029%$28.0M$86.2M50xas long as short
Bitget XAGUSDT+0.0222%4h65.750+0.029%$23.1M$53.1M100xas long as short
Aftermath Perps XAGUSD+0.0223%1h65.744+0.019%$79K$37K10xas long as short
Hibachi XAG/USDT-P+0.0224%1h65.743+0.017%$21K$12K10xas long as short
Bullet SILVER-USD+0.0228%1h65.763+0.048%$45K$73K10xas long as short
GMX SILVER/USD [ETH-USDC]shortL +0.0279% / S −0.0250%1h65.795+0.097%$93K111x
BloFin XAG-USDT+0.0329%4h65.790+0.089%$2.7M$783K100xas long as short
Kraken Futures PF_XAGUSD+0.0546%1h65.777+0.070%$1.0M$947K25xas long as short