Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.010%
Price spread now: Polymarket Perps against Pacifica+0.024%7-day average +0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.195%+$19 · spread now +0.024%, 7d avg +0.007%
=Together, before fees+0.215%+ Points / potential airdropPacifica: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$2 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 | 66.196 | 0.0100 | pay 0.0013% / 1h | 29m 01s | $474K | $625K | 10x |
| Short | Polymarket Perps SILVER-USD | 66.212 | 0.0050 | get 0.0006% / 1h | 29m 01s | $3.9M | $694K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$10.5
- Price spread: +0.024% → +0.007%
- $1.68
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$24.82
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 55 min ago; Polymarket Perps: live order book, 5 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 Pacifica live order book, 55 min ago | 0.38 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 0.83 bp | 5.7 bp −$6 | 5.9 bp −$59 | 7.1 bp −$711 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAGUSD | −0.0272% | 1h | 66.227 | +0.048% | $767K | $567K | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.121 | −0.113% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.270 | +0.112% | $25.6M | $33.3M | 150x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 66.252 | +0.084% | $1.3M | $4.2M | 20x | as long as short |
| Hotstuff SILVER-PERP | 0.0000% | 1h | 66.183 | −0.020% | $35K | $21K | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.260 | +0.097% | $146.3M | $172.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.280 | +0.127% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.280 | +0.127% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.270 | +0.112% | $1.5M | $248K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.182 | −0.021% | $120K | — | 250x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XAG-USDT | +0.0013% | 4h | 66.230 | +0.051% | $2.5M | $837K | 100x | as long as short |
| QFEX SILVER-USD | +0.0016% | 1h | 66.240 | +0.066% | $144K | $2.8M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.253 | +0.087% | $4.7M | $9.7M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.198 | +0.003% | $5.5M | $12.7M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.308% | $11K | $94K | 52x | as long as short |
| Aster XAGUSDT | +0.0035% | 4h | 66.267 | +0.108% | $2.8M | $1.0M | 100x | as long as short |
| Bitget XAGUSDT | +0.0040% | 4h | 66.280 | +0.127% | $23.7M | $47.7M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.150 | −0.069% | $792K | $2.8M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.672 | +0.719% | — | — | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.235 | +0.059% | $165.0M | $88.8M | 25x | as long as short |
| Polymarket Perps SILVER-USDshort | +0.0050% | 1h | 66.212 | +0.024% | $3.9M | $694K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.186 | −0.015% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.140 | −0.085% | $5.6M | $9.9M | 25x | as long as short |
| Variational Omni XAG | +0.0055% | 4h | 66.207 | +0.016% | $5.5M | $10.5M | — | as long as short |
| Kalshi KXSILVERPERP | +0.0056% | 24h | 66.198 | +0.003% | $585K | $21.3M | 8.1x | as long as short |
| MEXC SILVER_USDT | +0.0070% | 4h | 66.260 | +0.097% | $117.3M | $181.7M | 1000x | as long as short |
| Binance XAGUSDT | +0.0071% | 4h | 66.270 | +0.112% | $190.0M | $729.6M | 100x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 66.237 | +0.062% | $48K | — | 10x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 66.172 | −0.036% | $56K | $26K | 25x | as long as short |
| edgeX XAGUSDC | +0.0079% | 4h | 66.198 | +0.003% | $671K | $315K | 30x | as long as short |
| GRVT XAG_USDT_Perp | +0.0084% | 4h | 66.229 | +0.050% | $390K | $1.5M | 25x | as long as short |
| Pacifica XAGlong | +0.0100% | 1h | 66.196 | long leg | $474K | $625K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.220 | +0.036% | $24.3M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.130 | −0.100% | $113K | $26K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 66.190 | −0.009% | $1.9M | $859K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0113% | 1h | 66.177 | −0.029% | $80K | $40K | 10x | as long as short |
| Paradex XAG-USD-PERP | +0.0115% | 8h | 66.230 | +0.052% | $30K | $1K | 5x | as long as short |
| Lighter XAG | +0.0128% | 1h | 66.258 | +0.093% | $5.1M | $10.9M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0161% | 8h | 66.280 | +0.127% | $27.3M | $66.4M | 50x | as long as short |
| Nado XAG-PERP | +0.0214% | 1h | 66.187 | −0.013% | $1.3M | $6.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0264% | 1h | 66.255 | +0.089% | $44K | $74K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0303% / S −0.0300% | 1h | 66.255 | +0.089% | $103K | — | 29x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0354% | 1h | 66.240 | +0.066% | $51K | $359K | 20x | as long as short |
Pacifica XAG
Polymarket Perps SILVER-USD
Kraken Futures PF_XAGUSD
Bybit XAGUSDT
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
BloFin XAG-USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Aster XAGUSDT
Bitget XAGUSDT
StandX XAG-USD
tradeXYZ xyz:SILVER
SoDEX SILVER-USD
Variational Omni XAG
Kalshi KXSILVERPERP
MEXC SILVER_USDT
Binance XAGUSDT
Phoenix SILVER
edgeX XAGUSDC
GRVT XAG_USDT_Perp
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
Paradex XAG-USD-PERP
Lighter XAG
OKX XAG-USDT-SWAP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL