Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h +0.018%
Price spread now: Pacifica against Phoenix+0.007%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour. The two prices were read 47 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 | Phoenix SILVER | 65.995 | 0.0073 | pay 0.0009% / 1h | 2m 19s | $56K | $26K | 25x |
| Short | Pacifica XAG | 66.000 | 0.0100 | get 0.0013% / 1h | 2m 19s | $469K | $604K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Phoenix. 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
- $5.72
- Price spread: +0.007% → 0.000%
- $0.7
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$8.58
- Costs to cover
- 0.150%
- Break-even
- 17.5 days
Slippage unknown: Phoenix: no order-book sample; Pacifica: live order book, 51 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 51 min ago | 0.08 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Phoenix: 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0050% | 1h | 65.940 | −0.083% | $5.7M | $9.2M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.989 | −0.010% | $14K | $66 | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.070 | +0.114% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.100 | +0.159% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.070 | +0.114% | $1.5M | $317K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.001 | +0.009% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.053 | +0.088% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.999 | +0.006% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.614% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.080 | +0.129% | $795K | $3.0M | 40x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.482 | +0.738% | — | — | 25x | as long as short |
| Gate XAG_USDT | +0.0046% | 4h | 66.080 | +0.129% | $149.9M | $164.5M | 100x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.027 | +0.048% | $3.9M | $676K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.995 | 0.000% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0055% | 8h | 66.047 | +0.079% | $30K | $1K | 5x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 66.040 | +0.068% | $114K | $2.7M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0060% | 1h | 66.026 | +0.047% | $166.3M | $73.9M | 25x | as long as short |
| Phoenix SILVERlong | +0.0073% | 1h | 65.995 | long leg | $56K | $26K | 25x | |
| Kalshi KXSILVERPERP | +0.0074% | 24h | 66.027 | +0.048% | $530K | $26.7M | 8.1x | as long as short |
| Hotstuff SILVER-PERP | +0.0080% | 1h | 66.032 | +0.056% | $35K | $21K | 20x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 66.066 | +0.107% | $1.3M | $4.9M | 20x | as long as short |
| Pacifica XAGshort | +0.0100% | 1h | 66.000 | +0.007% | $469K | $604K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.030 | +0.053% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.990 | −0.008% | $113K | $30K | 50x | as long as short |
| Bybit XAGUSDT | +0.0104% | 4h | 66.080 | +0.129% | $27.8M | $36.5M | 150x | as long as short |
| Aster XAGUSDT | +0.0119% | 4h | 66.069 | +0.113% | $2.7M | $871K | 100x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.055 | +0.091% | $5.2M | $10.9M | 25x | as long as short |
| Variational Omni XAG | +0.0164% | 4h | 66.053 | +0.089% | $5.7M | $9.5M | — | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.050 | +0.084% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0172% | 4h | 66.060 | +0.098% | $115.2M | $152.9M | 1000x | as long as short |
| Binance XAGUSDT | +0.0172% | 4h | 66.067 | +0.110% | $191.1M | $702.8M | 100x | as long as short |
| edgeX XAGUSDC | +0.0183% | 4h | 66.054 | +0.089% | $670K | $311K | 30x | as long as short |
| Nado XAG-PERP | +0.0187% | 1h | 66.017 | +0.034% | $1.4M | $5.8M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0199% | 1h | 66.029 | +0.051% | $79K | $36K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0204% | 1h | 66.040 | +0.068% | $75K | $363K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 65.980 | −0.023% | $1.8M | $1.0M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0210% | 4h | 66.073 | +0.118% | $395K | $1.5M | 25x | as long as short |
| BloFin XAG-USDT | +0.0221% | 4h | 66.040 | +0.068% | $2.6M | $570K | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0223% | 8h | 66.070 | +0.114% | $27.8M | $64.6M | 50x | as long as short |
| Bitget XAGUSDT | +0.0226% | 4h | 66.070 | +0.114% | $24.0M | $44.9M | 100x | as long as short |
| Bullet SILVER-USD | +0.0237% | 1h | 66.074 | +0.120% | $44K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0304% | 1h | 66.042 | +0.070% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0388% / S −0.0440% | 1h | 66.065 | +0.106% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0624% | 1h | 66.032 | +0.056% | $911K | $685K | 25x | as long as short |
Phoenix SILVER
Pacifica XAG
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
Gate XAG_USDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
RISEx XAG/USDC
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Bybit XAGUSDT
Aster XAGUSDT
Lighter XAG
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
BloFin XAG-USDT
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD