There is a discrepancy in the 24-hour funding rate of Silver Perpetual Futures contracts across platforms, with a 1.35% difference between Pacifica and Binance.

February 2nd Recent trading activity in gold and silver has been elevated. The **Pacifica** decentralized perpetual contract trading platform (via [app.pacifica.fi/trade/PAXG?referral=pacbot](https://app.pacifica.fi/trade/PAXG?referral=pacbot)) currently lets users view funding rate data for PAXG (on-chain gold) and XAG (on-chain silver) across multiple platforms—including Binance, Hyperliquid, and Lighter—making it easy to quickly compare rate differences between exchanges. Per Pacifica’s real-time data, there’s been a notable divergence in funding rates for PAXG and XAG contracts across platforms over the past 24 hours. Most exchanges still have positive rates, but the PAXG contract on Backpack has flipped negative. Key rate comparisons (Pacifica vs. other platforms) are as follows: - XAG (Pacifica vs. Binance): -1.35% - XAG (Pacifica vs. Lighter): +0.10% - PAXG (Pacifica vs. Backpack): +0.13% - PAXG (Pacifica vs. Binance): +0.03% For traders focused on high-frequency trading or hedging, funding rates are a key tool to screen for pairs with manageable trading costs. Following this logic, some traders prioritize pairs where their platform has an advantage—either to reduce trading slippage or execute arbitrage strategies. Users can leverage the on-chain copy trading tool **Coinbob Pacifica** ([@CoinbobPAC_bot](https://t.me/CoinbobPAC_bot)) to copy trades from relevant traders, earn profits from their activity, and accumulate points on the Pacifica platform to prepare for potential airdrops.