← All markets

Silver

SI=FSIZ26.CMX
Updated 18:23:00 · refreshes every 60s
Implied Opening Price
66.15
−0.63−0.94%
65.5166.78VIX 15.3%
Spot vs Implied Open
Cost-of-Carry Model
Full methodology →
Model Inputs
VariableValueSource
Futures Price (F)66.78SIZ26.CMX
Spot Price (S)66.78SI=F
Risk-Free Rate (r)3.86%US Treasury 3-month bill
Storage Cost (q)0.25%Estimate
Time to Expiry (t)84.1dNov 30, 2026
About this projection

The Silver implied open tracks the front-month SI=F futures contract, adjusted for cost of carry: the USD risk-free rate plus an annualized storage-and-insurance estimate of roughly 0.25% per year, discounted over the time to contract expiry.

Commodities have no dividend stream, so storage cost takes yield's place in the fair-value formula. The projection refreshes continuously while futures trade; the methodology page has the full derivation.

This is not financial advice.← Back