Funding you earn now, next payment 04:00 UTC+0.0256%/8h= +28.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.052%
Price spread now: Deribit against Pacifica+0.015%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 4 days (all we have)+0.153%+$15 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now +0.015%, 7d avg +0.053%
=Together, before fees+0.282%+ Points / potential airdropPacifica: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.038% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.015% now, against its 7-day average of +0.053%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAG | 66.080 | 0.0100 | pay 0.0013% / 1h | 39m 36s | $470K | $619K | 10x |
| Short | Deribit SILVER_USDC-PERPETUAL | 66.090 | 0.0356 | get 0.0044% / 1h | 39m 36s | $62K | $348K | 20x |
Pacifica XAG
Deribit SILVER_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $53.67
- Price spread: +0.015% → +0.053%
- −$3.76
- Slippage, 4 orders
- −$7.16
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $27.75
- Costs to cover
- 0.222%
- Break-even
- 3.4 days
Slippage from Pacifica: live order book, 19 min ago; Deribit: live order book, 19 min ago.
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, 19 min ago | 0.08 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 19 min ago | 0.76 bp | 4.3 bp −$4 | 5.9 bp −$59 | doesn't fit | doesn't fit |
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 | 66.085 | +0.008% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.150 | +0.106% | $150.2M | $163.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.130 | +0.076% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.150 | +0.106% | $1.0M | $978K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.140 | +0.091% | $1.5M | $316K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.047 | −0.049% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.121 | +0.062% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.060 | −0.030% | $5.2M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.484% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.140 | +0.091% | $796K | $3.0M | 40x | as long as short |
dYdX XAG-USD
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
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.557 | +0.722% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.101 | +0.032% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.044 | −0.054% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.030 | −0.076% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.130 | +0.076% | $115K | $2.7M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 66.088 | +0.012% | $35K | $21K | 20x | as long as short |
| Phoenix SILVER | +0.0060% | 1h | 66.069 | −0.017% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0068% | 24h | 66.089 | +0.014% | $508K | $25.5M | 8.1x | as long as short |
| Pacifica XAGlong | +0.0100% | 1h | 66.080 | long leg | $470K | $619K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.090 | +0.015% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.120 | +0.061% | $113K | $30K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0133% | 1h | 66.099 | +0.029% | $165.5M | $73.8M | 25x | as long as short |
| RISEx XAG/USDC | +0.0137% | 1h | 66.133 | +0.080% | $1.3M | $4.5M | 20x | as long as short |
| Aster XAGUSDT | +0.0143% | 4h | 66.134 | +0.081% | $2.7M | $877K | 100x | as long as short |
| Bybit XAGUSDT | +0.0148% | 4h | 66.150 | +0.106% | $27.0M | $36.1M | 150x | as long as short |
| Paradex XAG-USD-PERP | +0.0151% | 8h | 66.130 | +0.076% | $30K | $1K | 5x | as long as short |
| Nado XAG-PERP | +0.0187% | 1h | 66.079 | −0.001% | $1.3M | $6.5M | 10x | as long as short |
| Aevo XAG-PERP | +0.0192% | 1h | 66.122 | +0.064% | $47K | — | 10x | as long as short |
| Lighter XAG | +0.0200% | 1h | 66.133 | +0.080% | $5.2M | $10.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0200% | 1h | 66.130 | +0.076% | $1.8M | $1.0M | 20x | as long as short |
| Variational Omni XAG | +0.0202% | 4h | 66.133 | +0.080% | $5.6M | $9.7M | — | as long as short |
| MEXC SILVER_USDT | +0.0212% | 4h | 66.130 | +0.076% | $109.0M | $152.4M | 1000x | as long as short |
| Binance XAGUSDT | +0.0215% | 4h | 66.140 | +0.091% | $192.8M | $701.1M | 100x | as long as short |
| edgeX XAGUSDC | +0.0226% | 4h | 66.170 | +0.137% | $671K | $310K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0230% | 8h | 66.140 | +0.091% | $27.7M | $65.5M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0231% | 1h | 66.101 | +0.032% | $80K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0240% | 4h | 66.140 | +0.091% | $2.6M | $554K | 100x | as long as short |
| Bitget XAGUSDT | +0.0256% | 4h | 66.140 | +0.091% | $23.8M | $45.7M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0280% | 4h | 66.144 | +0.097% | $389K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0313% | 1h | 66.139 | +0.089% | $45K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0344% | 1h | 66.098 | +0.027% | $20K | $19K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUALshort | +0.0356% | 1h | 66.090 | +0.015% | $62K | $348K | 20x | |
| GMX SILVER/USD [ETH-USDC] | L +0.0373% / S −0.0406% | 1h | 66.125 | +0.068% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0485% | 1h | 66.099 | +0.029% | $912K | $676K | 25x | as long as short |
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Hotstuff SILVER-PERP
Phoenix SILVER
Kalshi KXSILVERPERP
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
RISEx XAG/USDC
Aster XAGUSDT
Bybit XAGUSDT
Paradex XAG-USD-PERP
Nado XAG-PERP
Aevo XAG-PERP
Lighter XAG
Coinbase International SILVER-PERP-INTX
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
BloFin XAG-USDT
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD