Funding you earn now, next payment 00:00 UTC−0.0144%/8h= −15.7% APRnext payment −$0.18 per $10,000 · paid last 24h −0.035%
Price spread now: Pacifica against Bullet−0.118%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Pacifica is 0.118% cheaper against Bullet than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SILVER-USD | 66.473 | 0.0244 | pay 0.0030% / 1h | 43m 02s | $46K | $75K | 10x |
| Short | Pacifica XAG | 66.394 | 0.0100 | get 0.0013% / 1h | 43m 02s | $475K | $625K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Bullet. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$30.14
- Price spread: −0.118% → 0.000%
- −$11.83
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$57.97
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bullet: no order-book sample; Pacifica: live order book, 36 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 Bullet no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 36 min ago | 0.08 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Bullet: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.370 | −0.155% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.500 | +0.041% | $25.7M | $33.5M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.480 | +0.011% | $147.4M | $169.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.460 | −0.019% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.490 | +0.026% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.490 | +0.026% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.406 | −0.100% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.469 | −0.005% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.416 | −0.084% | $5.5M | $12.3M | 10x | as long as short |
| Hotstuff SILVER-PERP | +0.0032% | 1h | 66.417 | −0.084% | $35K | $21K | 20x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.109% | $11K | $94K | 52x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 66.371 | −0.153% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.390 | −0.124% | $795K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.890 | +0.628% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.420 | −0.079% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.407 | −0.099% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.320 | −0.230% | $5.7M | $10.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.411 | −0.093% | $590K | $21.2M | 8.1x | as long as short |
| QFEX SILVER-USD | +0.0061% | 1h | 66.450 | −0.034% | $124K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0069% | 1h | 66.449 | −0.036% | $165.6M | $87.6M | 25x | as long as short |
| Variational Omni XAG | +0.0088% | 4h | 66.467 | −0.009% | $5.6M | $10.3M | — | as long as short |
| Aster XAGUSDT | +0.0089% | 4h | 66.480 | +0.011% | $2.8M | $1.1M | 100x | as long as short |
| Pacifica XAGshort | +0.0100% | 1h | 66.394 | −0.118% | $475K | $625K | 10x | |
| MEXC SILVER_USDT | +0.0100% | 4h | 66.470 | −0.004% | $114.3M | $152.9M | 1000x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.420 | −0.079% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.370 | −0.154% | $126K | $26K | 50x | as long as short |
| Binance XAGUSDT | +0.0101% | 4h | 66.490 | +0.026% | $192.0M | $722.4M | 100x | as long as short |
| BloFin XAG-USDT | +0.0101% | 4h | 66.470 | −0.004% | $2.6M | $650K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0103% | 8h | 66.440 | −0.048% | $30K | $1K | 5x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.457 | −0.024% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0110% | 4h | 66.443 | −0.045% | $674K | $316K | 30x | as long as short |
| Lighter XAG | +0.0112% | 1h | 66.469 | −0.005% | $5.2M | $10.3M | 25x | as long as short |
| Bitget XAGUSDT | +0.0118% | 4h | 66.490 | +0.026% | $24.2M | $47.9M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0146% | 1h | 66.417 | −0.084% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0154% | 4h | 66.424 | −0.073% | $395K | $1.4M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0160% | 1h | 66.460 | −0.019% | $1.9M | $848K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0188% | 8h | 66.480 | +0.011% | $27.6M | $66.3M | 50x | as long as short |
| RISEx XAG/USDC | +0.0208% | 1h | 66.459 | −0.020% | $1.3M | $4.2M | 20x | as long as short |
| Bullet SILVER-USDlong | +0.0244% | 1h | 66.473 | long leg | $46K | $75K | 10x | |
| Nado XAG-PERP | +0.0254% | 1h | 66.408 | −0.097% | $1.3M | $6.5M | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0258% / S −0.0231% | 1h | 66.475 | +0.004% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0304% | 1h | 66.384 | −0.133% | $20K | $22K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0352% | 1h | 66.460 | −0.019% | $51K | $360K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0596% | 1h | 66.436 | −0.055% | $768K | $566K | 25x | as long as short |
Bullet SILVER-USD
Pacifica XAG
Bybit XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Phoenix SILVER
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Variational Omni XAG
Aster XAGUSDT
MEXC SILVER_USDT
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Binance XAGUSDT
BloFin XAG-USDT
Paradex XAG-USD-PERP
edgeX XAGUSDC
Lighter XAG
Bitget XAGUSDT
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
RISEx XAG/USDC
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD