Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.015%
Price spread now: Injective against Pacifica+0.375%99s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Injective is 0.375% dearer against Pacifica than usual: you sell high and buy low (spread +0.375% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 19 days. The two prices were read 99 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 | Pacifica XAG | 66.152 | 0.0100 | pay 0.0013% / 1h | 47m 33s | $474K | $641K | 10x |
| Short | Injective XAG/USDC PERP | 66.400 | 0.0033 | get 0.0004% / 1h | 47m 33s | $11K | $94K | 52x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +0.375% → 0.000%
- $37.49
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $15.47
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Pacifica: live order book, 36 min ago; Injective: 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, 36 min ago | 0.38 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 43 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAGUSD | −0.0272% | 1h | 66.168 | +0.024% | $777K | $591K | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0072% | 1h | 66.161 | +0.014% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.121 | −0.046% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.210 | +0.088% | $25.5M | $34.1M | 150x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 66.209 | +0.086% | $1.3M | $4.2M | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.190 | +0.057% | $146.4M | $171.5M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.190 | +0.057% | $2K | $3.3M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.220 | +0.103% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.210 | +0.088% | $1.5M | $247K | 100x | as long as short |
| Bitget XAGUSDT | +0.0002% | 4h | 66.220 | +0.103% | $23.7M | $48.6M | 100x | as long as short |
Show all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.131 | −0.032% | $120K | — | 10x | as long as short |
| Aster XAGUSDT | +0.0005% | 4h | 66.200 | +0.072% | $2.8M | $1.1M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0008% | 4h | 66.209 | +0.086% | $395K | $1.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0016% | 1h | 66.190 | +0.057% | $144K | $2.8M | 20x | as long as short |
| Variational Omni XAG | +0.0031% | 4h | 66.189 | +0.056% | $5.4M | $10.7M | — | as long as short |
| Lighter XAG | +0.0032% | 1h | 66.177 | +0.037% | $5.2M | $10.7M | 25x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.174 | +0.034% | $4.5M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.147 | −0.007% | $5.5M | $14.8M | 10x | as long as short |
| Injective XAG/USDC PERPshort | +0.0033% | 1h | 66.400 | +0.375% | $11K | $94K | 52x | |
| MEXC SILVER_USDT | +0.0040% | 4h | 66.200 | +0.073% | $116.6M | $181.1M | 1000x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.160 | +0.012% | $792K | $2.8M | 40x | as long as short |
| Binance XAGUSDT | +0.0041% | 4h | 66.209 | +0.086% | $189.3M | $760.4M | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.640 | +0.738% | — | — | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.160 | +0.012% | $164.0M | $91.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.176 | +0.036% | $3.9M | $715K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.131 | −0.032% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.120 | −0.048% | $5.6M | $9.9M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0054% | 24h | 66.149 | −0.005% | $589K | $21.6M | 8.1x | as long as short |
| Aevo XAG-PERP | +0.0056% | 1h | 66.188 | +0.054% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0056% | 4h | 66.191 | +0.059% | $671K | $315K | 30x | as long as short |
| BloFin XAG-USDT | +0.0068% | 4h | 66.180 | +0.042% | $2.5M | $1.2M | 100x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 66.148 | −0.006% | $56K | $26K | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0075% | 1h | 66.151 | −0.002% | $80K | $40K | 10x | as long as short |
| Paradex XAG-USD-PERP | +0.0090% | 8h | 66.186 | +0.052% | $30K | $1K | 5x | as long as short |
| Pacifica XAGlong | +0.0100% | 1h | 66.152 | long leg | $474K | $641K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.170 | +0.027% | $24.3M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.150 | −0.003% | $113K | $51K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 66.180 | +0.042% | $1.9M | $886K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0140% | 8h | 66.210 | +0.088% | $27.2M | $67.5M | 50x | as long as short |
| Nado XAG-PERP | +0.0150% | 1h | 66.151 | −0.002% | $1.3M | $6.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0175% | 1h | 66.213 | +0.093% | $45K | $74K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0360% / S −0.0369% | 1h | 66.195 | +0.065% | $103K | — | 29x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0808% | 1h | 66.210 | +0.088% | $60K | $357K | 20x | as long as short |
Pacifica XAG
Injective XAG/USDC PERP
Kraken Futures PF_XAGUSD
Bybit XAGUSDT
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Bitget XAGUSDT
gTrade (Gains Network) XAG/USD
Aster XAGUSDT
GRVT XAG_USDT_Perp
Variational Omni XAG
Lighter XAG
Lighter RH XAG
Extended XAG-USD
MEXC SILVER_USDT
StandX XAG-USD
Binance XAGUSDT
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
edgeX XAGUSDC
BloFin XAG-USDT
Phoenix SILVER
Aftermath Perps XAGUSD
Paradex XAG-USD-PERP
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL