# SILVER funding rates and arbitrage

Updated 2026-10-29 17:55 UTC · https://afterfees.xyz/coin/SILVER

## Best SILVER arbitrage after every cost

No SILVER pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## SILVER funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Bullet](https://afterfees.xyz/venues/bullet) | SILVER-USD | 0.0043% | 1 h | +37.9% | — | $175.2K | 2026-10-29 18:00 |
| [Phoenix](https://afterfees.xyz/venues/phoenix) | SILVER | 0.0029% | 1 h | +25.2% | +16.4% | — | 2026-10-29 19:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | SILVERUSDT | 0.0087% | 4 h | +19.0% | — | — | 2026-10-29 20:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | SILVER_USDT | 0.0086% | 4 h | +18.8% | +8.5% | $221.6M | 2026-10-29 20:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | xyz:SILVER | 0.0012% | 1 h | +10.3% | +7.7% | $173.3M | 2026-10-29 19:00 |
| [QFEX](https://afterfees.xyz/venues/qfex) | SILVER-USD | 0.0006% | 1 h | +5.7% | — | $3.2M | 2026-10-29 18:00 |

## Cost to enter $10,000 of SILVER

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | SILVER_USDT | 1.0 bp | order-book snapshot, 37 min old |
| Hyperliquid | xyz:SILVER | 1.4 bp | order-book snapshot, 29 min old |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## Questions

**Is SILVER funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no SILVER pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest SILVER funding rate?**

Bullet at +37.9% a year (0.0043% every 1 h); the lowest is QFEX at +5.7%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._