Funding you earn now, next payment 12:00 UTC−0.0439%/8h= −48.1% APRnext payment −$0.55 per $10,000 · paid last 24h −0.080%
Price spread now: Pacifica against Kraken Futures0.000%7-day average +0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now 0.000%, 7d avg +0.010%
=Together, before fees−0.175%+ Points / potential airdropPacifica: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.154% in total (about -8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.55 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XAGUSD | 65.636 | 0.0539 | pay 0.0067% / 1h | 57m 59s | $1.0M | $943K | 25x |
| Short | Pacifica XAG | 65.636 | 0.0100 | get 0.0013% / 1h | 57m 59s | $463K | $520K | 10x |
Kraken Futures PF_XAGUSD
Pacifica XAGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Kraken Futures. 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
- −$92.23
- Price spread: 0.000% → +0.010%
- −$0.92
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$111.15
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 3 min ago; Pacifica: live order book, 49 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 Kraken Futures live order book, 3 min ago | 2.33 bp | 9.0 bp −$9 | 15.2 bp −$152 | 112.8 bp −$11.3K | doesn't fit |
| Sell Pacifica live order book, 49 min ago | 0.08 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
XAG on 44 exchanges
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 | −0.0029% | 1h | 65.580 | −0.085% | $5.7M | $11.1M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.635 | −0.001% | $13K | $8K | 5x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 65.692 | +0.086% | $1.2M | $5.4M | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.630 | −0.009% | $136.6M | $198.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.660 | +0.036% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.680 | +0.067% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.650 | +0.021% | $1.5M | $257K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.599 | −0.056% | $119K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.638 | +0.003% | $4.6M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.567 | −0.105% | $5.1M | $11.9M | 10x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USDShow all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −1.575% | $11K | $240 | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.660 | +0.036% | $790K | $3.0M | 40x | as long as short |
| QFEX SILVER-USD | +0.0042% | 1h | 65.670 | +0.052% | $447K | $1.4M | 20x | as long as short |
| Bybit XAGUSDT | +0.0044% | 4h | 65.630 | −0.009% | $30.4M | $48.1M | 150x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.100 | +0.707% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 65.651 | +0.023% | $39K | $26K | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.652 | +0.024% | $3.8M | $904K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.593 | −0.066% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0052% | 8h | 65.661 | +0.039% | $29K | — | 5x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0055% | 1h | 65.620 | −0.024% | $77K | $412K | 20x | as long as short |
| Variational Omni XAG | +0.0061% | 4h | 65.748 | +0.170% | $5.6M | $9.0M | — | as long as short |
| Aster XAGUSDT | +0.0075% | 4h | 65.620 | −0.024% | $2.7M | $1.2M | 100x | as long as short |
| Binance XAGUSDT | +0.0079% | 4h | 65.620 | −0.024% | $190.4M | $864.9M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0080% | 4h | 65.620 | −0.024% | $114.4M | $162.5M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0088% | 1h | 65.640 | +0.005% | $47K | — | 10x | as long as short |
| tradeXYZ xyz:SILVER | +0.0093% | 1h | 65.606 | −0.046% | $175.7M | $93.0M | 25x | as long as short |
| Pacifica XAGshort | +0.0100% | 1h | 65.636 | 0.000% | $463K | $520K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.590 | −0.070% | $25.4M | $4.3M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.730 | +0.143% | $112K | $19K | 50x | as long as short |
| GRVT XAG_USDT_Perp | +0.0102% | 4h | 65.762 | +0.192% | $390K | $1.6M | 25x | as long as short |
| edgeX XAGUSDC | +0.0104% | 4h | 65.741 | +0.161% | $670K | $316K | 30x | as long as short |
| Lighter XAG | +0.0104% | 1h | 65.642 | +0.009% | $5.3M | $11.8M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 65.710 | +0.113% | $1.6M | $1.9M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0106% | 24h | 65.672 | +0.055% | $793K | $38.8M | 8.1x | as long as short |
| Phoenix SILVER | +0.0122% | 1h | 65.734 | +0.149% | $55K | $14K | 25x | as long as short |
| Nado XAG-PERP | +0.0158% | 1h | 65.638 | +0.004% | $1.2M | $3.4M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0179% | 8h | 65.630 | −0.009% | $27.9M | $86.0M | 50x | as long as short |
| Bitget XAGUSDT | +0.0214% | 4h | 65.620 | −0.024% | $23.1M | $52.9M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 65.644 | +0.011% | $21K | $12K | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0225% | 1h | 65.677 | +0.063% | $79K | $37K | 10x | as long as short |
| Bullet SILVER-USD | +0.0229% | 1h | 65.676 | +0.060% | $45K | $73K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0281% / S −0.0252% | 1h | 65.665 | +0.044% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0323% | 4h | 65.670 | +0.052% | $2.7M | $785K | 100x | as long as short |
| Kraken Futures PF_XAGUSDlong | +0.0539% | 1h | 65.636 | long leg | $1.0M | $943K | 25x |
Injective XAG/USDC PERP
StandX XAG-USD
QFEX SILVER-USD
Bybit XAGUSDT
Vest SI-PERP
Hotstuff SILVER-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Deribit SILVER_USDC-PERPETUAL
Variational Omni XAG
Aster XAGUSDT
Binance XAGUSDT
MEXC SILVER_USDT
Aevo XAG-PERP
tradeXYZ xyz:SILVER
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
GRVT XAG_USDT_Perp
edgeX XAGUSDC
Lighter XAG
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Phoenix SILVER
Nado XAG-PERP
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Hibachi XAG/USDT-P
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT