Funding you earn now, next payment 06:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Lighter RH against ApeX Omni+0.109%108s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.460% of the position
Funding, last 7 days−0.145%−$14 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.109%, 7d avg −0.017%
=Together, before fees−0.292%+ Points / potential airdropLighter RH: Points live · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.126% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.109% now, against its 7-day average of −0.017%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.2 days. The two prices were read 108 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 | ApeX Omni XAGUSDT | 65.580 | 0.0100 | pay 0.0013% / 1h | 5m 34s | $112K | $23K | 50x |
| Short | Lighter RH XAG | 65.652 | 0.0032 | get 0.0004% / 1h | 5m 34s | $4.7M | $9.6M | 25x |
ApeX Omni XAGUSDT
Lighter RH XAGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against ApeX Omni. 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
- −$14.28
- Price spread: +0.109% → −0.017%
- $12.61
- Slippage, 4 orders
- −$35.99
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$47.66
- Costs to cover
- 0.460%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 40 min ago; Lighter RH: live order book, 3 min ago.
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 ApeX Omni live order book, 40 min ago | 6.05 bp | 28.2 bp −$28 | 63.1 bp −$631 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.42 bp | 1.8 bp −$2 | 3.0 bp −$30 | 17.0 bp −$1,703 | doesn't fit |
XAG on 44 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0040% | 1h | 65.660 | +0.122% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0004% | 1h | 65.530 | −0.076% | $5.7M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.636 | +0.085% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.680 | +0.152% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.700 | +0.183% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.680 | +0.152% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.630 | +0.076% | $119K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.657 | +0.117% | $1.2M | $4.9M | 20x | as long as short |
| Lighter RH XAGshort | +0.0032% | 1h | 65.652 | +0.109% | $4.7M | $9.6M | 25x | |
| Extended XAG-USD | +0.0032% | 1h | 65.602 | +0.033% | $5.2M | $11.7M | 10x | as long as short |
Hibachi XAG/USDT-P
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.250% | $11K | $94K | 52x | as long as short |
| Phoenix SILVER | +0.0036% | 1h | 65.648 | +0.104% | $56K | $26K | 25x | as long as short |
| Gate XAG_USDT | +0.0040% | 4h | 65.670 | +0.137% | $144.4M | $181.2M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.720 | +0.213% | $790K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.142 | +0.857% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.680 | +0.152% | $3.9M | $711K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.621 | +0.063% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.630 | +0.076% | $152K | $2.8M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.633 | +0.081% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0062% | 8h | 65.636 | +0.085% | $29K | $1K | 5x | as long as short |
| Kalshi KXSILVERPERP | +0.0076% | 24h | 65.698 | +0.180% | $462K | $29.3M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0076% | 1h | 65.630 | +0.076% | $171.0M | $82.2M | 25x | as long as short |
| Aster XAGUSDT | +0.0079% | 4h | 65.660 | +0.122% | $2.7M | $944K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.609 | +0.044% | $468K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.630 | +0.076% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDTlong | +0.0100% | 1h | 65.580 | long leg | $112K | $23K | 50x | |
| Bybit XAGUSDT | +0.0106% | 4h | 65.680 | +0.152% | $28.9M | $39.2M | 150x | as long as short |
| Variational Omni XAG | +0.0120% | 4h | 65.674 | +0.143% | $5.5M | $9.5M | — | as long as short |
| Lighter XAG | +0.0128% | 1h | 65.657 | +0.118% | $5.4M | $11.4M | 25x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 65.677 | +0.148% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0129% | 4h | 65.660 | +0.122% | $188.8M | $745.8M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0130% | 4h | 65.640 | +0.091% | $112.6M | $162.3M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0147% | 4h | 65.560 | −0.030% | $667K | $312K | 30x | as long as short |
| Nado XAG-PERP | +0.0149% | 1h | 65.685 | +0.161% | $1.3M | $5.6M | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.690 | +0.168% | $1.6M | $1.3M | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0206% | 1h | 65.598 | +0.027% | $79K | $37K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.670 | +0.137% | $66K | $368K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0208% | 4h | 65.644 | +0.098% | $398K | $1.5M | 25x | as long as short |
| Bitget XAGUSDT | +0.0210% | 4h | 65.670 | +0.137% | $23.9M | $46.3M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0212% | 8h | 65.670 | +0.137% | $27.9M | $70.2M | 50x | as long as short |
| Bullet SILVER-USD | +0.0238% | 1h | 65.701 | +0.185% | $43K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0366% / S −0.0361% | 1h | 65.685 | +0.160% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0373% | 4h | 65.730 | +0.229% | $2.6M | $622K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0469% | 1h | 65.665 | +0.129% | $916K | $735K | 25x | as long as short |
Injective XAG/USDC PERP
Phoenix SILVER
Gate XAG_USDT
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Hotstuff SILVER-PERP
Paradex XAG-USD-PERP
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
Bybit XAGUSDT
Variational Omni XAG
Lighter XAG
Aevo XAG-PERP
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
Nado XAG-PERP
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
GRVT XAG_USDT_Perp
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD