XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.022%

Price spread now: Nado against Pacifica−0.001%7-day average +0.030% · you buy dearer than you sell

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

Long on Pacifica Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.094%+$9 on $10k

Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.001%, 7d avg +0.030%

Together, before fees+0.273%+ Points / potential airdropPacifica: Active · Nado: Active · farm board+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.031% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.001% now, against its 7-day average of +0.030%). If the spread goes back, that is −$3 on $10k: about 2.3 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.094% in total) that is about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAG	65.356	0.0100	pay 0.0013% / 1h	55m 57s	$469K	$621K	10x
Short	Nado XAG-PERP	65.355	0.0144	get 0.0018% / 1h	55m 57s	$1.2M	$5.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.001%Rate

Funding earned: $9.27
Price spread: −0.001% → +0.030%: −$3.09
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$8.81
Costs to cover: 0.150%
Break-even: 13.7 days

Slippage unknown: Pacifica: live order book, 48 min ago; Nado: live order book, 3 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, 48 min ago	0.08 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 3 min ago	0.08 bp	5.1 bp −$5	9.3 bp −$93	43.5 bp −$4,352	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
Ondo Perps XAG-USD.P	−0.0046%	1h	65.260	−0.146%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.352	−0.006%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.400	+0.068%	$27.8M	$39.6M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.410	+0.083%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.420	+0.099%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.420	+0.099%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.353	−0.005%	$118K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0024%	1h	65.360	+0.007%	$35K	$21K	20x	as long as short
Variational Omni XAG	+0.0030%	4h	65.314	−0.064%	$5.5M	$9.2M	—	as long as short
Lighter RH XAG	+0.0032%	1h	65.408	+0.080%	$4.6M	$9.7M	25x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.349	−0.010%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.598%	$11K	$94K	52x	as long as short
Gate XAG_USDT	+0.0034%	4h	65.430	+0.114%	$141.4M	$176.4M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.390	+0.053%	$787K	$2.9M	40x	as long as short
Aster XAGUSDT	+0.0043%	4h	65.418	+0.096%	$2.7M	$954K	100x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.390	+0.053%	$152K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.821	+0.712%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.382	+0.041%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.342	−0.021%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0053%	8h	65.375	+0.030%	$29K	$1K	5x	as long as short
MEXC SILVER_USDT	+0.0054%	4h	65.390	+0.053%	$116.9M	$156.0M	1000x	as long as short
Binance XAGUSDT	+0.0055%	4h	65.410	+0.083%	$191.7M	$762.2M	100x	as long as short
Phoenix SILVER	+0.0061%	1h	65.294	−0.094%	$56K	$31K	25x	as long as short
edgeX XAGUSDC	+0.0066%	4h	65.316	−0.061%	$665K	$315K	30x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.397	+0.064%	$47K	—	10x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.393	+0.057%	$483K	$31.5M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0080%	1h	65.384	+0.044%	$170.7M	$83.3M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.230	−0.192%	$1.6M	$1.4M	20x	as long as short
Pacifica XAGlong	+0.0100%	1h	65.356	long leg	$469K	$621K	10x
KuCoin XAGUSDTM	+0.0100%	4h	65.370	+0.022%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.260	−0.146%	$112K	$19K	50x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.421	+0.100%	$1.2M	$4.9M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0142%	4h	65.325	−0.047%	$391K	$1.6M	25x	as long as short
Nado XAG-PERPshort	+0.0144%	1h	65.355	−0.001%	$1.2M	$5.0M	10x
Lighter XAG	+0.0160%	1h	65.404	+0.074%	$5.3M	$11.1M	25x	as long as short
Hibachi XAG/USDT-P	+0.0160%	1h	65.354	−0.003%	$20K	$17K	10x	as long as short
Bitget XAGUSDT	+0.0170%	4h	65.400	+0.068%	$23.7M	$45.8M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0182%	8h	65.400	+0.068%	$28.2M	$70.9M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.380	+0.037%	$66K	$386K	20x	as long as short
Aftermath Perps XAGUSD	+0.0210%	1h	65.315	−0.061%	$78K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0220%	4h	65.380	+0.037%	$2.7M	$599K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.415	+0.091%	$93K	—	111x	as long as short
Bullet SILVER-USD	+0.0241%	1h	65.422	+0.102%	$44K	$75K	10x	as long as short
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.381	+0.038%	$1.0M	$873K	25x	as long as short