Funding you earn now, next payment 04:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.005%
Price spread now: edgeX against Pacifica+0.003%52s7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.272% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now +0.003%, 7d avg +0.055%
=Together, before fees+0.094%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.052% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.003% now, against its 7-day average of +0.055%). If the spread goes back, that is −$5 on $10k: about 37 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.004% in total) that is about 3 months. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAG | 66.100 | 0.0100 | pay 0.0013% / 1h | 42m 40s | $470K | $616K | 10x |
| Short | edgeX XAGUSDC | 66.102 | 0.0212 | get 0.0106% / 4h | 42m 40s | $671K | $315K | 30x |
Pacifica XAG
edgeX XAGUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Pacifica. 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
- $23.55
- Price spread: +0.003% → +0.055%
- −$5.21
- Slippage, 4 orders
- −$10.18
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$8.85
- Costs to cover
- 0.272%
- Break-even
- 9.6 days
Slippage from Pacifica: live order book, 16 min ago; edgeX: live order book, 16 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 Pacifica live order book, 16 min ago | 0.08 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 16 min ago | 2.27 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$918 | 20.9 bp −$10.4K |
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 | 66.085 | −0.023% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.160 | +0.091% | $150.2M | $163.1M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.200 | +0.151% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.200 | +0.151% | $1.0M | $978K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.200 | +0.151% | $1.5M | $316K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.107 | +0.010% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.133 | +0.049% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.076 | −0.036% | $5.2M | $11.8M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.454% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.150 | +0.076% | $796K | $3.0M | 40x | as long as short |
dYdX XAG-USD
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
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.594 | +0.747% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.137 | +0.056% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.104 | +0.006% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.000 | −0.151% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.120 | +0.030% | $115K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.069 | −0.047% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0068% | 24h | 66.144 | +0.067% | $523K | $25.3M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0088% | 1h | 66.132 | +0.048% | $35K | $21K | 20x | as long as short |
| Pacifica XAGlong | +0.0100% | 1h | 66.100 | long leg | $470K | $616K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.130 | +0.045% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.100 | 0.000% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0130% | 1h | 66.115 | +0.023% | $165.4M | $73.9M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.133 | +0.051% | $1.3M | $4.5M | 20x | as long as short |
| Aster XAGUSDT | +0.0142% | 4h | 66.156 | +0.084% | $2.7M | $877K | 100x | as long as short |
| Bybit XAGUSDT | +0.0146% | 4h | 66.150 | +0.076% | $27.0M | $36.1M | 150x | as long as short |
| Paradex XAG-USD-PERP | +0.0148% | 8h | 66.138 | +0.058% | $30K | $1K | 5x | as long as short |
| Nado XAG-PERP | +0.0185% | 1h | 66.128 | +0.043% | $1.3M | $6.5M | 10x | as long as short |
| Aevo XAG-PERP | +0.0192% | 1h | 66.174 | +0.112% | $48K | — | 10x | as long as short |
| Variational Omni XAG | +0.0196% | 4h | 66.123 | +0.034% | $5.6M | $9.7M | — | as long as short |
| Lighter XAG | +0.0200% | 1h | 66.141 | +0.062% | $5.2M | $10.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.130 | +0.045% | $1.8M | $1.0M | 20x | as long as short |
| MEXC SILVER_USDT | +0.0210% | 4h | 66.150 | +0.076% | $108.9M | $152.4M | 1000x | as long as short |
| Binance XAGUSDT | +0.0211% | 4h | 66.130 | +0.045% | $192.7M | $701.6M | 100x | as long as short |
| edgeX XAGUSDCshort | +0.0212% | 4h | 66.102 | +0.003% | $671K | $315K | 30x | |
| BloFin XAG-USDT | +0.0225% | 4h | 66.170 | +0.106% | $2.6M | $554K | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0227% | 8h | 66.130 | +0.045% | $27.7M | $65.6M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0229% | 1h | 66.102 | +0.002% | $79K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0252% | 4h | 66.160 | +0.091% | $23.9M | $45.7M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0276% | 4h | 66.163 | +0.096% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0312% | 1h | 66.181 | +0.123% | $45K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0336% | 1h | 66.128 | +0.043% | $20K | $19K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0355% | 1h | 66.160 | +0.091% | $62K | $348K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0371% / S −0.0404% | 1h | 66.185 | +0.129% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0485% | 1h | 66.147 | +0.072% | $913K | $676K | 25x | as long as short |
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
Hotstuff SILVER-PERP
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Aster XAGUSDT
Bybit XAGUSDT
Paradex XAG-USD-PERP
Nado XAG-PERP
Aevo XAG-PERP
Variational Omni XAG
Lighter XAG
Coinbase International SILVER-PERP-INTX
MEXC SILVER_USDT
Binance XAGUSDT
BloFin XAG-USDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD