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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.015%
Price spread now: Injective against Pacifica+0.375%99s7-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 7 days−0.074%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 0.375% dearer against Pacifica than usual: you sell high and buy low (spread +0.375% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 19 days. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAG66.1520.0100pay 0.0013% / 1h47m 33s$474K$641K10x
ShortInjective XAG/USDC PERP66.4000.0033get 0.0004% / 1h47m 33s$11K$94K52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: +0.375% → 0.000%
$37.49
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$15.47
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Pacifica: live order book, 36 min ago; Injective: 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, 36 min ago0.38 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 43 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
Kraken Futures PF_XAGUSD−0.0272%1h66.168+0.024%$777K$591K25xas long as short
Hotstuff SILVER-PERP−0.0072%1h66.161+0.014%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h66.121−0.046%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.210+0.088%$25.5M$34.1M150xas long as short
RISEx XAG/USDC0.0000%1h66.209+0.086%$1.3M$4.2M20xas long as short
Gate XAG_USDT0.0000%4h66.190+0.057%$146.4M$171.5M100xas long as short
SunX XAG-USDT0.0000%4h66.190+0.057%$2K$3.3M20xas long as short
HTX XAG-USDT0.0000%4h66.220+0.103%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.210+0.088%$1.5M$247K100xas long as short
Bitget XAGUSDT+0.0002%4h66.220+0.103%$23.7M$48.6M100xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.131−0.032%$120K10xas long as short
Aster XAGUSDT+0.0005%4h66.200+0.072%$2.8M$1.1M100xas long as short
GRVT XAG_USDT_Perp+0.0008%4h66.209+0.086%$395K$1.6M25xas long as short
QFEX SILVER-USD+0.0016%1h66.190+0.057%$144K$2.8M20xas long as short
Variational Omni XAG+0.0031%4h66.189+0.056%$5.4M$10.7Mas long as short
Lighter XAG+0.0032%1h66.177+0.037%$5.2M$10.7M25xas long as short
Lighter RH XAG+0.0032%1h66.174+0.034%$4.5M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.147−0.007%$5.5M$14.8M10xas long as short
Injective XAG/USDC PERPshort+0.0033%1h66.400+0.375%$11K$94K52x
MEXC SILVER_USDT+0.0040%4h66.200+0.073%$116.6M$181.1M1000xas long as short
StandX XAG-USD+0.0040%1h66.160+0.012%$792K$2.8M40xas long as short
Binance XAGUSDT+0.0041%4h66.209+0.086%$189.3M$760.4M100xas long as short
Vest SI-PERP+0.0046%1h66.640+0.738%25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h66.160+0.012%$164.0M$91.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.176+0.036%$3.9M$715K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.131−0.032%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.120−0.048%$5.6M$9.9M25xas long as short
Kalshi KXSILVERPERP+0.0054%24h66.149−0.005%$589K$21.6M8.1xas long as short
Aevo XAG-PERP+0.0056%1h66.188+0.054%$48K10xas long as short
edgeX XAGUSDC+0.0056%4h66.191+0.059%$671K$315K30xas long as short
BloFin XAG-USDT+0.0068%4h66.180+0.042%$2.5M$1.2M100xas long as short
Phoenix SILVER+0.0073%1h66.148−0.006%$56K$26K25xas long as short
Aftermath Perps XAGUSD+0.0075%1h66.151−0.002%$80K$40K10xas long as short
Paradex XAG-USD-PERP+0.0090%8h66.186+0.052%$30K$1K5xas long as short
Pacifica XAGlong+0.0100%1h66.152long leg$474K$641K10x
KuCoin XAGUSDTM+0.0100%4h66.170+0.027%$24.3M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.150−0.003%$113K$51K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h66.180+0.042%$1.9M$886K20xas long as short
OKX XAG-USDT-SWAP+0.0140%8h66.210+0.088%$27.2M$67.5M50xas long as short
Nado XAG-PERP+0.0150%1h66.151−0.002%$1.3M$6.5M10xas long as short
Bullet SILVER-USD+0.0175%1h66.213+0.093%$45K$74K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0360% / S −0.0369%1h66.195+0.065%$103K29xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0808%1h66.210+0.088%$60K$357K20xas long as short