Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h −0.024%
Price spread now: Pacifica against Coinbase International−0.026%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.026%, 7d avg −0.031%
=Together, before fees−0.229%+ Points / potential airdropPacifica: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.180%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SILVER-PERP-INTX | 65.010 | 0.0080 | pay 0.0010% / 1h | 51m 49s | $1.6M | $1.4M | 20x |
| Short | Pacifica XAG | 64.993 | 0.0100 | get 0.0013% / 1h | 51m 49s | $462K | $594K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Coinbase International. 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
- $4.2
- Price spread: −0.026% → −0.031%
- $0.52
- Slippage, 4 orders
- −$10.37
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$23.65
- Costs to cover
- 0.284%
- Break-even
- 46.4 days
Slippage from Coinbase International: live order book, 2 min ago; Pacifica: live order book, 47 min ago.
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 Coinbase International live order book, 2 min ago | 3.08 bp | 8.1 bp −$8 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 47 min ago | 0.08 bp | 4.4 bp −$4 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 64.987 | −0.036% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.040 | +0.046% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.080 | +0.108% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.050 | +0.062% | $1.4M | $291K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.003 | −0.011% | $117K | — | 250x | as long as short |
| Variational Omni XAG | +0.0018% | 4h | 65.014 | +0.007% | $5.4M | $9.1M | — | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.035 | +0.039% | $4.5M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 64.990 | −0.030% | $4.9M | $11.8M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +2.138% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.030 | +0.031% | $782K | $3.0M | 40x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 65.441 | +0.663% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0047% | 1h | 65.050 | +0.062% | $171K | $1.4M | 20x | as long as short |
| Gate XAG_USDT | +0.0050% | 4h | 65.060 | +0.077% | $139.8M | $179.0M | 100x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 64.983 | −0.042% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 64.958 | −0.080% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 64.940 | −0.108% | $5.6M | $9.8M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0054% | 4h | 65.060 | +0.077% | $125.8M | $155.7M | 1000x | as long as short |
| Binance XAGUSDT | +0.0056% | 4h | 65.078 | +0.105% | $193.4M | $762.2M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0058% | 8h | 65.036 | +0.040% | $29K | $1K | 5x | as long as short |
| Hotstuff SILVER-PERP | +0.0064% | 1h | 65.047 | +0.057% | $35K | $21K | 20x | as long as short |
| Aster XAGUSDT | +0.0065% | 4h | 65.082 | +0.110% | $2.6M | $987K | 100x | as long as short |
| edgeX XAGUSDC | +0.0068% | 4h | 65.017 | +0.011% | $662K | $313K | 30x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 65.019 | +0.015% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTXlong | +0.0080% | 1h | 65.010 | long leg | $1.6M | $1.4M | 20x | |
| Kalshi KXSILVERPERP | +0.0082% | 24h | 65.022 | +0.018% | $477K | $33.4M | 8.1x | as long as short |
| Pacifica XAGshort | +0.0100% | 1h | 64.993 | −0.026% | $462K | $594K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.010 | 0.000% | $25.2M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 64.990 | −0.031% | $111K | $19K | 50x | as long as short |
| Phoenix SILVER | +0.0111% | 1h | 65.011 | +0.002% | $55K | $31K | 25x | as long as short |
| Bybit XAGUSDT | +0.0118% | 4h | 65.100 | +0.138% | $27.3M | $39.4M | 150x | as long as short |
| tradeXYZ xyz:SILVER | +0.0144% | 1h | 65.013 | +0.005% | $173.6M | $85.7M | 25x | as long as short |
| RISEx XAG/USDC | +0.0158% | 1h | 65.054 | +0.067% | $1.3M | $4.9M | 20x | as long as short |
| Nado XAG-PERP | +0.0159% | 1h | 65.020 | +0.015% | $1.2M | $4.6M | 10x | as long as short |
| Bitget XAGUSDT | +0.0182% | 4h | 65.090 | +0.123% | $23.2M | $45.2M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0183% | 8h | 65.090 | +0.123% | $28.6M | $72.2M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0203% | 1h | 65.009 | −0.001% | $78K | $37K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0212% | 1h | 65.000 | −0.015% | $76K | $416K | 20x | as long as short |
| BloFin XAG-USDT | +0.0223% | 4h | 65.050 | +0.062% | $2.7M | $631K | 100x | as long as short |
| Lighter XAG | +0.0224% | 1h | 65.025 | +0.022% | $5.3M | $10.7M | 25x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.045 | +0.054% | $92K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0280% | 1h | 64.990 | −0.031% | $20K | $15K | 10x | as long as short |
| Bullet SILVER-USD | +0.0315% | 1h | 65.050 | +0.062% | $45K | $75K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0388% | 4h | 65.056 | +0.071% | $383K | $1.6M | 25x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0419% | 1h | 65.007 | −0.005% | $1.0M | $868K | 25x | as long as short |
Coinbase International SILVER-PERP-INTX
Pacifica XAG
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Variational Omni XAG
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Gate XAG_USDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
MEXC SILVER_USDT
Binance XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
edgeX XAGUSDC
Kalshi KXSILVERPERP
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Phoenix SILVER
Bybit XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
BloFin XAG-USDT
Lighter XAG
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
GRVT XAG_USDT_Perp
Kraken Futures PF_XAGUSD