Funding you earn now, next payment 02:00 UTC+0.0181%/8h= +19.8% APRnext payment +$0.23 per $10,000 · paid last 24h +0.028%
Price spread now: GMX against Pacifica+0.066%7-day average +0.076% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.173%+$17 on $10k
+Price spread, last 3 days (all we have)+0.039%+$4 · spread now +0.066%, 7d avg +0.076%
=Together, before fees+0.212%+ Points / potential airdropPacifica: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAG | 66.371 | 0.0100 | pay 0.0013% / 1h | 21m 53s | $472K | $607K | 10x |
| Short | GMX SILVER/USD [ETH-USDC] | 66.415 | L +0.0291% / S −0.0281% | get 0.0035% / 1h | 21m 53s | $103K | — | 111x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $37.99
- Price spread: +0.066% → +0.076%
- −$0.97
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $17.02
- Costs to cover
- 0.200%
- Break-even
- 3.9 days
Slippage unknown: Pacifica: live order book, 47 min ago; GMX: no order-book sample. 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 Pacifica live order book, 47 min ago | 0.08 bp | 4.3 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 43 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 | 66.363 | −0.012% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.450 | +0.119% | $152.7M | $164.0M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.430 | +0.089% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.450 | +0.119% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.440 | +0.104% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.342 | −0.044% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0008% | 1h | 66.335 | −0.054% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.411 | +0.061% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.362 | −0.014% | $5.4M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.044% | $11K | $94K | 52x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.400 | +0.044% | $799K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.860 | +0.737% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.309 | −0.093% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.402 | +0.047% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.343 | −0.042% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.320 | −0.077% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.410 | +0.059% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0061% | 24h | 66.378 | +0.011% | $567K | $23.4M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.432 | +0.091% | $1.3M | $4.3M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0099% | 1h | 66.396 | +0.038% | $165.7M | $75.8M | 25x | as long as short |
| Pacifica XAGlong | +0.0100% | 1h | 66.371 | long leg | $472K | $607K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.390 | +0.029% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.290 | −0.122% | $126K | $23K | 50x | as long as short |
| Bybit XAGUSDT | +0.0121% | 4h | 66.460 | +0.134% | $26.6M | $36.4M | 150x | as long as short |
| Aster XAGUSDT | +0.0128% | 4h | 66.438 | +0.101% | $2.8M | $939K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0131% | 8h | 66.418 | +0.071% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0150% | 4h | 66.344 | −0.041% | $5.5M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0160% | 1h | 66.415 | +0.066% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0170% | 4h | 66.440 | +0.104% | $102.7M | $158.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0172% | 4h | 66.447 | +0.115% | $192.5M | $707.8M | 100x | as long as short |
| edgeX XAGUSDC | +0.0183% | 4h | 66.379 | +0.012% | $673K | $313K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.350 | −0.032% | $1.9M | $969K | 20x | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.419 | +0.073% | $5.3M | $10.6M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0205% | 8h | 66.440 | +0.104% | $28.0M | $65.9M | 50x | as long as short |
| Nado XAG-PERP | +0.0224% | 1h | 66.375 | +0.006% | $1.3M | $6.4M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0228% | 1h | 66.375 | +0.007% | $80K | $38K | 10x | as long as short |
| Bitget XAGUSDT | +0.0242% | 4h | 66.440 | +0.104% | $23.9M | $46.0M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0248% | 1h | 66.322 | −0.074% | $20K | $22K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0260% | 4h | 66.388 | +0.026% | $397K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0285% | 1h | 66.431 | +0.090% | $46K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC]short | L +0.0291% / S −0.0281% | 1h | 66.415 | +0.066% | $103K | — | 111x | |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.400 | +0.044% | $50K | $325K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0462% | 1h | 66.390 | +0.029% | $766K | $478K | 25x | as long as short |
Pacifica XAG
GMX SILVER/USD [ETH-USDC]
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-USD
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
tradeXYZ xyz:SILVER
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Bybit XAGUSDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
Lighter XAG
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD