Funding you earn now, next payment 11:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: Pacifica against Lighter RH−0.078%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$150.148% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.078%, 7d avg −0.032%
=Together, before fees+0.020%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.047% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.032%). If the spread goes back, that is −$5 on $10k: about 2.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.012% in total) that is about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XAG | 65.699 | 0.0032 | pay 0.0004% / 1h | 53m 39s | $4.5M | $9.4M | 25x |
| Short | Pacifica XAG | 65.648 | 0.0100 | get 0.0013% / 1h | 53m 39s | $467K | $570K | 10x |
Lighter RH XAG
Pacifica XAGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Lighter RH. 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
- $14.28
- Price spread: −0.078% → −0.032%
- −$4.68
- Slippage, 4 orders
- −$6.78
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$5.18
- Costs to cover
- 0.148%
- Break-even
- 9.5 days
Slippage from Lighter RH: live order book, 3 min ago; Pacifica: live order book, 58 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 Lighter RH live order book, 3 min ago | 1.34 bp | 2.0 bp −$2 | 3.1 bp −$31 | 21.2 bp −$2,116 | doesn't fit |
| Sell Pacifica live order book, 58 min ago | 1.30 bp | 6.0 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
XAG on 44 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −1.5176% | 1h | 65.532 | −0.254% | $36K | $23K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.651 | −0.073% | $13K | $8K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.730 | +0.047% | $138.6M | $203.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.690 | −0.014% | $2K | $2.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.710 | +0.016% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.700 | +0.001% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.645 | −0.083% | $119K | — | 250x | as long as short |
| Ondo Perps XAG-USD.P | +0.0011% | 1h | 65.610 | −0.136% | $5.7M | $11.0M | 25x | as long as short |
| Lighter RH XAGlong | +0.0032% | 1h | 65.699 | long leg | $4.5M | $9.4M | 25x | |
| Extended XAG-USD | +0.0032% | 1h | 65.648 | −0.077% | $5.1M | $11.8M | 10x | as long as short |
Hotstuff SILVER-PERP
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Ondo Perps XAG-USD.P
Extended XAG-USDShow all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −1.670% | $11K | $240 | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.680 | −0.029% | $790K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.146 | +0.680% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.671 | −0.043% | $3.8M | $894K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.631 | −0.104% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.680 | −0.029% | $447K | $1.4M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0055% | 1h | 65.669 | −0.046% | $174.6M | $93.8M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0057% | 8h | 65.687 | −0.019% | $29K | $166 | 5x | as long as short |
| Variational Omni XAG | +0.0096% | 4h | 65.678 | −0.032% | $5.7M | $9.1M | — | as long as short |
| Kalshi KXSILVERPERP | +0.0099% | 24h | 65.704 | +0.007% | $711K | $38.6M | 8.1x | as long as short |
| Pacifica XAGshort | +0.0100% | 1h | 65.648 | −0.078% | $467K | $570K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.680 | −0.029% | $25.4M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.700 | +0.001% | $112K | $19K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 65.640 | −0.090% | $1.6M | $1.9M | 20x | as long as short |
| Phoenix SILVER | +0.0110% | 1h | 65.621 | −0.119% | $55K | $14K | 25x | as long as short |
| Aster XAGUSDT | +0.0115% | 4h | 65.714 | +0.023% | $2.7M | $1.1M | 100x | as long as short |
| Binance XAGUSDT | +0.0116% | 4h | 65.709 | +0.015% | $191.9M | $863.4M | 100x | as long as short |
| RISEx XAG/USDC | +0.0116% | 1h | 65.711 | +0.018% | $1.2M | $4.9M | 20x | as long as short |
| MEXC SILVER_USDT | +0.0118% | 4h | 65.700 | +0.001% | $122.0M | $162.7M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0120% | 1h | 65.681 | −0.028% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0134% | 4h | 65.652 | −0.071% | $669K | $313K | 30x | as long as short |
| Bybit XAGUSDT | +0.0144% | 4h | 65.720 | +0.032% | $30.6M | $48.1M | 150x | as long as short |
| Nado XAG-PERP | +0.0144% | 1h | 65.658 | −0.062% | $1.2M | $3.7M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0150% | 4h | 65.689 | −0.016% | $396K | $1.5M | 25x | as long as short |
| Lighter XAG | +0.0152% | 1h | 65.698 | −0.002% | $5.1M | $11.6M | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.670 | −0.044% | $77K | $411K | 20x | as long as short |
| Bullet SILVER-USD | +0.0210% | 1h | 65.722 | +0.035% | $45K | $74K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0213% | 8h | 65.710 | +0.016% | $28.0M | $85.8M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0217% | 1h | 65.651 | −0.073% | $79K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0248% | 4h | 65.710 | +0.016% | $23.2M | $52.7M | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0268% / S −0.0236% | 1h | 65.695 | −0.006% | $93K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0280% | 1h | 65.661 | −0.058% | $21K | $12K | 10x | as long as short |
| BloFin XAG-USDT | +0.0360% | 4h | 65.750 | +0.077% | $2.7M | $772K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0547% | 1h | 65.668 | −0.048% | $1.0M | $943K | 25x | as long as short |
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Paradex XAG-USD-PERP
Variational Omni XAG
Kalshi KXSILVERPERP
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
Phoenix SILVER
Aster XAGUSDT
Binance XAGUSDT
RISEx XAG/USDC
MEXC SILVER_USDT
Aevo XAG-PERP
edgeX XAGUSDC
Bybit XAGUSDT
Nado XAG-PERP
GRVT XAG_USDT_Perp
Lighter XAG
Deribit SILVER_USDC-PERPETUAL
Bullet SILVER-USD
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
BloFin XAG-USDT
Kraken Futures PF_XAGUSD