Funding you earn now, next payment 00:00 UTC+0.0145%/8h= +15.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.035%
Price spread now: Bullet against Pacifica+0.051%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bullet is 0.051% dearer against Pacifica than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAG | 66.414 | 0.0100 | pay 0.0013% / 1h | 40m 14s | $475K | $625K | 10x |
| Short | Bullet SILVER-USD | 66.448 | 0.0245 | get 0.0031% / 1h | 40m 14s | $46K | $75K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- $30.43
- Price spread: +0.051% → 0.000%
- $5.14
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $19.57
- Costs to cover
- 0.160%
- Break-even
- 2.5 days
Slippage unknown: Pacifica: live order book, 39 min ago; Bullet: 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, 39 min ago | 0.08 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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 | 66.370 | −0.067% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.460 | +0.069% | $25.7M | $33.7M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.440 | +0.039% | $147.2M | $170.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.470 | +0.084% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.500 | +0.129% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.470 | +0.084% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.372 | −0.063% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.463 | +0.074% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.377 | −0.056% | $5.5M | $12.3M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.021% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 66.418 | +0.006% | $56K | $26K | 25x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.410 | −0.006% | $795K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.898 | +0.729% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.426 | +0.018% | $3.9M | $699K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.374 | −0.060% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.360 | −0.082% | $5.7M | $10.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.420 | +0.009% | $590K | $21.2M | 8.1x | as long as short |
| QFEX SILVER-USD | +0.0061% | 1h | 66.460 | +0.069% | $124K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0070% | 1h | 66.400 | −0.021% | $165.5M | $87.6M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0080% | 1h | 66.435 | +0.031% | $35K | $21K | 20x | as long as short |
| BloFin XAG-USDT | +0.0082% | 4h | 66.460 | +0.069% | $2.6M | $650K | 100x | as long as short |
| Variational Omni XAG | +0.0090% | 4h | 66.457 | +0.064% | $5.6M | $10.1M | — | as long as short |
| Aster XAGUSDT | +0.0092% | 4h | 66.473 | +0.089% | $2.8M | $1.1M | 100x | as long as short |
| Pacifica XAGlong | +0.0100% | 1h | 66.414 | long leg | $475K | $625K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.420 | +0.009% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.370 | −0.066% | $126K | $26K | 50x | as long as short |
| MEXC SILVER_USDT | +0.0102% | 4h | 66.450 | +0.054% | $114.5M | $152.9M | 1000x | as long as short |
| Paradex XAG-USD-PERP | +0.0102% | 8h | 66.451 | +0.055% | $30K | $1K | 5x | as long as short |
| Binance XAGUSDT | +0.0103% | 4h | 66.450 | +0.054% | $191.9M | $721.6M | 100x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.441 | +0.040% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0110% | 4h | 66.443 | +0.043% | $674K | $316K | 30x | as long as short |
| Lighter XAG | +0.0112% | 1h | 66.425 | +0.017% | $5.2M | $10.3M | 25x | as long as short |
| Bitget XAGUSDT | +0.0122% | 4h | 66.450 | +0.054% | $24.2M | $47.9M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0149% | 1h | 66.433 | +0.029% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0156% | 4h | 66.486 | +0.107% | $399K | $1.4M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0160% | 1h | 66.420 | +0.009% | $1.9M | $848K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0188% | 8h | 66.440 | +0.039% | $27.6M | $66.1M | 50x | as long as short |
| RISEx XAG/USDC | +0.0208% | 1h | 66.473 | +0.089% | $1.3M | $4.2M | 20x | as long as short |
| Bullet SILVER-USDshort | +0.0245% | 1h | 66.448 | +0.051% | $46K | $75K | 10x | |
| Nado XAG-PERP | +0.0250% | 1h | 66.403 | −0.016% | $1.3M | $6.6M | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0258% / S −0.0231% | 1h | 66.445 | +0.046% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0304% | 1h | 66.409 | −0.007% | $20K | $22K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0503% | 1h | 66.430 | +0.024% | $50K | $360K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0596% | 1h | 66.420 | +0.009% | $768K | $566K | 25x | as long as short |
Pacifica XAG
Bullet SILVER-USD
Bybit XAGUSDT
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
Phoenix SILVER
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
BloFin XAG-USDT
Variational Omni XAG
Aster XAGUSDT
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
MEXC SILVER_USDT
Paradex XAG-USD-PERP
Binance XAGUSDT
edgeX XAGUSDC
Lighter XAG
Bitget XAGUSDT
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
RISEx XAG/USDC
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD