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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%
Price spread now: Pacifica against tradeXYZ−0.051%7-day average −0.003% · you buy dearer than you sell
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−0.058%−$6 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.051%, 7d avg −0.003%
Together, before fees−0.041%+ Points / potential airdroptradeXYZ: Active · Pacifica: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.048% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.003%). If the spread goes back, that is −$5 on $10k: about 3.2 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SILVER65.9550.0051pay 0.0006% / 1h37m 53s$166.0M$73.5M25x
ShortPacifica XAG65.9210.0100get 0.0013% / 1h37m 53s$469K$612K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against tradeXYZ. 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
$10.39
Price spread: −0.051% → −0.003%
−$4.8
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$20.41
Costs to cover
0.260%
Break-even
20.7 days
Slippage unknown: tradeXYZ: live order book, 12 min ago; Pacifica: live order book, 16 min ago. 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 tradeXYZ live order book, 12 min ago0.08 bp9.4 bp −$910.2 bp −$102doesn't fitdoesn't fit
Sell Pacifica live order book, 16 min ago0.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

XAG on 44 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
Ondo Perps XAG-USD.P−0.0045%1h65.880−0.114%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.934−0.032%$14K5xas long as short
Gate XAG_USDT0.0000%4h66.010+0.083%$149.6M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h65.980+0.038%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.010+0.083%$1.0M$966K75xas long as short
Phemex XAGUSDT0.0000%4h65.990+0.053%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.920−0.053%$120K250xas long as short
Lighter RH XAG+0.0032%1h65.977+0.033%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.933−0.033%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.675%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.000+0.068%$794K$3.1M40xas long as short
Vest SI-PERP+0.0046%1h66.406+0.684%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.947−0.012%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.946−0.014%$3.9M$674K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.920−0.053%$3K$6K20xas long as short
tradeXYZ xyz:SILVERlong+0.0051%1h65.955long leg$166.0M$73.5M25x
QFEX SILVER-USD+0.0060%1h65.970+0.023%$114K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0073%24h65.942−0.020%$540K$25.9M8.1xas long as short
Phoenix SILVER+0.0073%1h65.889−0.100%$56K$26K25xas long as short
RISEx XAG/USDC+0.0080%1h65.982+0.041%$1.3M$4.9M20xas long as short
Bybit XAGUSDT+0.0097%4h66.010+0.083%$27.4M$36.4M150xas long as short
Pacifica XAGshort+0.0100%1h65.921−0.051%$469K$612K10x
KuCoin XAGUSDTM+0.0100%4h65.970+0.023%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.920−0.053%$113K$30K50xas long as short
Lighter XAG+0.0112%1h65.978+0.036%$5.2M$10.6M25xas long as short
Paradex XAG-USD-PERP+0.0114%8h65.971+0.024%$30K$1K5xas long as short
Aster XAGUSDT+0.0137%4h65.970+0.023%$2.7M$871K100xas long as short
Nado XAG-PERP+0.0181%1h65.937−0.027%$1.4M$5.9M10xas long as short
Aevo XAG-PERP+0.0184%1h65.976+0.032%$47K10xas long as short
Variational Omni XAG+0.0188%4h65.963+0.013%$5.6M$9.4Mas long as short
MEXC SILVER_USDT+0.0200%4h65.990+0.053%$112.9M$152.1M1000xas long as short
Binance XAGUSDT+0.0201%4h66.000+0.068%$191.1M$702.6M100xas long as short
BloFin XAG-USDT+0.0204%4h66.000+0.068%$2.6M$556K100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h65.960+0.008%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h65.973+0.027%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.950−0.008%$1.8M$1.0M20xas long as short
edgeX XAGUSDC+0.0213%4h65.953−0.003%$669K$310K30xas long as short
Aftermath Perps XAGUSD+0.0213%1h65.954−0.002%$79K$36K10xas long as short
OKX XAG-USDT-SWAP+0.0232%8h65.990+0.053%$27.7M$64.8M50xas long as short
Bullet SILVER-USD+0.0233%1h65.984+0.044%$44K$76K10xas long as short
Bitget XAGUSDT+0.0240%4h66.000+0.068%$23.9M$45.3M100xas long as short
Hibachi XAG/USDT-P+0.0328%1h65.940−0.023%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h65.985+0.045%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h65.952−0.005%$910K$683K25xas long as short