2026-01-09 10:29:34

In March this year, 18,000 tons of silver futures contracts on Wall Street are about to expire, but they face severe physical delivery challenges. This has evolved into a delivery risk event, with market expectations of potential large-scale defaults.

Interestingly, the Shanghai silver price is currently higher than the Comex international futures price, and this abnormal price difference suggests a clear cross-border arbitrage opportunity. Many exchanges have launched silver contract products in an attempt to seize this market opportunity.

From a trading perspective, this price divergence creates leverage trading opportunities. For example, on Bitget, many traders have already positioned themselves with silver long positions at 5x leverage, betting on profits from the price convergence process. Such cross-exchange arbitrage and leverage trading strategies are becoming new choices for market participants. The recent volatility in the silver contract market warrants ongoing attention to its subsequent delivery and settlement situation.

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AirdropATM

· 01-09 18:55

Another round of settlement drama is coming. Will it be fulfilled this time? Playing with 5x leverage to bet on convergence is truly walking a tightrope. With such a large price difference between Shanghai and international markets, why hasn't anyone arbitraged it away? There are plenty of defaults happening; just get used to it.

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DoomCanister

· 01-09 10:59

1.8 million tons of delivery cannot be settled, this is outrageous. Is Wall Street about to crash? Shanghai prices are higher than international ones, the arbitrage space is so large. Feels like another feast of harvesting the little guys. Playing silver with 5x leverage? Really bold. Just wait for the bet to converge and it's over. A wave of defaults is coming, let's just watch the show. Delivery risk, to put it simply, means there's no spot inventory. Old trick.

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NotSatoshi

· 01-09 10:59

Huh, 18,000 tons can't be delivered? That’s pretty embarrassing haha --- The premium in Shanghai is so obvious, the arbitrage opportunity is definitely there --- 5x leverage betting on convergence, another group of newbies waiting to be exploited --- Is a wave of defaults coming? Feels a bit dangerous --- Can this really make a splash this time, or is it just another false alarm --- Cross-exchange arbitrage sounds simple, but the actual operation has quite high barriers --- See the real test in March, let’s see who takes the bait then --- Silver contracts have become a new scam again, better to be cautious --- Delivery risk event? That term just sounds uncomfortable --- Hey wait, Shanghai is more expensive than international? That’s not right

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PebbleHander

· 01-09 10:59

Is leveraged silver really a gamble on default? It feels a bit risky. --- The premium in Shanghai is so obvious that the arbitrage space has been completely exploited. --- Playing silver with 5x leverage? Is this guy trying to make quick money or blow up his position? --- With such severe delivery issues, will Comex really default at that time? --- Cross-exchange arbitrage sounds easy, but the actual operation probably incurs quite a few costs. --- This round of silver is definitely worth paying attention to; let's see what tricks can be played in March. --- The convergence of the price gap sounds good, but who can guarantee the direction won't reverse?

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StrawberryIce

· 01-09 10:58

Wall Street is really about to crash this time; 18,000 tons of silver can't be pushed out. The price difference between Shanghai and the international market is so large, I see the arbitrage opportunity, but I'm a bit scared. Playing silver with 5x leverage? Bro, you're gambling with your life. Honestly, I'm a bit worried about the default risk. Let's wait and see how March ends; it feels like something's going to happen.

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blockBoy

· 01-09 10:35

Huh, 18,000 tons default? This move is a bit intense. Such a large arbitrage space, no wonder everyone is rushing in. Betting on convergence with 5x leverage, that's pretty aggressive. Shanghai being higher than the international market is indeed strange. Is a wave of defaults coming? This round of silver is interesting, staying tuned. Profiting from the spread under convergence expectations, quite a clever tactic. With such serious delivery issues, what do big players do?

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