Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: SoDEX against Pacifica+0.027%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. SoDEX is 0.027% dearer against Pacifica than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAG | 64.734 | 0.0100 | pay 0.0013% / 1h | 30m 00s | $462K | $592K | 10x |
| Short | SoDEX SILVER-USD | 64.751 | 0.0050 | get 0.0006% / 1h | 30m 00s | $3K | $6K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: +0.027% → 0.000%
- $2.69
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$23.81
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 4 min ago; SoDEX: 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, 4 min ago | 0.39 bp | 4.7 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 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 | 64.734 | +0.001% | $12K | $6K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 64.820 | +0.133% | $139.3M | $184.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 64.770 | +0.056% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 64.830 | +0.149% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 64.790 | +0.087% | $1.4M | $325K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 64.732 | −0.003% | $117K | — | 250x | as long as short |
| Variational Omni XAG | +0.0017% | 4h | 64.834 | +0.156% | $5.3M | $9.1M | — | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 64.777 | +0.068% | $4.5M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 64.696 | −0.058% | $5.0M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +2.574% | $11K | $94K | 52x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 64.880 | +0.226% | $780K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.196 | +0.714% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0047% | 1h | 64.780 | +0.072% | $446K | $1.5M | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 64.684 | −0.077% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USDshort | +0.0050% | 1h | 64.751 | +0.027% | $3K | $6K | 20x | |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 64.690 | −0.067% | $5.6M | $9.9M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0056% | 4h | 64.780 | +0.072% | $120.8M | $158.7M | 1000x | as long as short |
| Binance XAGUSDT | +0.0056% | 4h | 64.824 | +0.140% | $196.8M | $779.1M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0061% | 8h | 64.767 | +0.051% | $29K | $166 | 5x | as long as short |
| edgeX XAGUSDC | +0.0068% | 4h | 64.855 | +0.187% | $661K | $314K | 30x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 64.753 | +0.030% | $46K | — | 10x | as long as short |
| Aster XAGUSDT | +0.0075% | 4h | 64.810 | +0.118% | $2.6M | $1.0M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0080% | 1h | 64.710 | −0.036% | $1.6M | $1.5M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0085% | 24h | 64.763 | +0.045% | $485K | $34.4M | 8.1x | as long as short |
| Pacifica XAGlong | +0.0100% | 1h | 64.734 | long leg | $462K | $592K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 64.730 | −0.006% | $25.0M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 64.800 | +0.103% | $111K | $19K | 50x | as long as short |
| Phoenix SILVER | +0.0111% | 1h | 64.908 | +0.269% | $55K | $31K | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0128% | 1h | 64.767 | +0.052% | $34K | $21K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0132% | 1h | 64.785 | +0.079% | $173.1M | $88.2M | 25x | as long as short |
| GRVT XAG_USDT_Perp | +0.0152% | 4h | 64.934 | +0.310% | $390K | $1.5M | 25x | as long as short |
| RISEx XAG/USDC | +0.0158% | 1h | 64.780 | +0.072% | $1.2M | $4.9M | 20x | as long as short |
| Nado XAG-PERP | +0.0159% | 1h | 64.700 | −0.051% | $1.2M | $4.2M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0192% | 8h | 64.850 | +0.180% | $28.8M | $74.1M | 50x | as long as short |
| Bitget XAGUSDT | +0.0194% | 4h | 64.850 | +0.180% | $23.4M | $46.8M | 100x | as long as short |
| Bybit XAGUSDT | +0.0199% | 4h | 64.860 | +0.195% | $29.3M | $42.8M | 150x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0214% | 1h | 64.740 | +0.010% | $76K | $431K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0220% | 1h | 64.822 | +0.137% | $78K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0227% | 4h | 64.860 | +0.195% | $2.7M | $654K | 100x | as long as short |
| Lighter XAG | +0.0232% | 1h | 64.775 | +0.064% | $5.2M | $11.1M | 25x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 64.805 | +0.110% | $92K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0297% | 1h | 64.773 | +0.061% | $44K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0360% | 1h | 64.798 | +0.100% | $20K | $15K | 10x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0421% | 1h | 64.727 | −0.011% | $1.0M | $890K | 25x | as long as short |
Pacifica XAG
SoDEX SILVER-USD
Gate XAG_USDT
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
Polymarket Perps SILVER-USD
MEXC SILVER_USDT
Binance XAGUSDT
Paradex XAG-USD-PERP
edgeX XAGUSDC
Aster XAGUSDT
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Phoenix SILVER
tradeXYZ xyz:SILVER
GRVT XAG_USDT_Perp
RISEx XAG/USDC
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Bybit XAGUSDT
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
Lighter XAG
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
Kraken Futures PF_XAGUSD