XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0155%/8h= −16.9% APRnext payment −$0.19 per $10,000 · paid last 24h −0.054%

Price spread now: Lighter RH against Bullet−0.053%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bullet Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Lighter RH is 0.053% cheaper against Bullet than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SILVER-USD	66.846	0.0187	pay 0.0023% / 1h	48m 34s	$45K	$76K	10x
Short	Lighter RH XAG	66.811	0.0032	get 0.0004% / 1h	48m 34s	$4.8M	$9.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bullet. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BulletbpFee Lighter RHbpOrdersPrice spread, now −0.053%Rate

Funding earned: −$32.45
Price spread: −0.053% → 0.000%: −$5.28
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$45.73
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Bullet: no order-book sample; Lighter RH: live order book, 5 min ago. Net counts fees only.

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 Bullet no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 5 min ago	0.39 bp	0.7 bp −$1	1.6 bp −$16	20.7 bp −$2,075	doesn't fit

Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
dYdX XAG-USD	0.0000%	1h	66.797	−0.073%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.830	−0.024%	$26.2M	$35.3M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.830	−0.024%	$155.6M	$165.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.840	−0.009%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.870	+0.036%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.840	−0.009%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.774	−0.107%	$121K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0016%	1h	66.793	−0.079%	$36K	$21K	20x	as long as short
Lighter RH XAGshort	+0.0032%	1h	66.811	−0.053%	$4.8M	$9.5M	25x
Extended XAG-USD	+0.0032%	1h	66.769	−0.115%	$5.4M	$13.2M	10x	as long as short

Show 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	−0.667%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.760	−0.129%	$803K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	67.263	+0.624%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.759	−0.130%	$57K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.782	−0.096%	$166.3M	$86.1M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.778	−0.102%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.779	−0.100%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.730	−0.174%	$5.7M	$9.8M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.810	−0.054%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0060%	24h	66.790	−0.084%	$570K	$21.9M	8.1x	as long as short
Lighter XAG	+0.0080%	1h	66.811	−0.052%	$5.4M	$10.4M	25x	as long as short
Paradex XAG-USD-PERP	+0.0089%	8h	66.822	−0.035%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0091%	4h	66.775	−0.107%	$5.7M	$9.9M	—	as long as short
Pacifica XAG	+0.0100%	1h	66.771	−0.112%	$476K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.790	−0.084%	$24.7M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.750	−0.144%	$127K	$26K	50x	as long as short
Aster XAGUSDT	+0.0103%	4h	66.820	−0.039%	$2.8M	$1.1M	100x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.803	−0.064%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0106%	4h	66.810	−0.054%	$116.6M	$155.6M	1000x	as long as short
Binance XAGUSDT	+0.0107%	4h	66.819	−0.040%	$192.3M	$725.8M	100x	as long as short
edgeX XAGUSDC	+0.0115%	4h	66.802	−0.066%	$678K	$314K	30x	as long as short
Nado XAG-PERP	+0.0130%	1h	66.786	−0.090%	$1.3M	$6.5M	10x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.830	−0.024%	$1.3M	$4.2M	20x	as long as short
Bitget XAGUSDT	+0.0164%	4h	66.830	−0.024%	$24.8M	$48.7M	100x	as long as short
BloFin XAG-USDT	+0.0164%	4h	66.830	−0.024%	$2.6M	$692K	100x	as long as short
Aftermath Perps XAGUSD	+0.0175%	1h	66.754	−0.138%	$80K	$40K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.780	−0.099%	$1.9M	$967K	20x	as long as short
Bullet SILVER-USDlong	+0.0187%	1h	66.846	long leg	$45K	$76K	10x
OKX XAG-USDT-SWAP	+0.0189%	8h	66.830	−0.024%	$28.2M	$67.5M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0199%	1h	66.820	−0.039%	$51K	$344K	20x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.775	−0.106%	$20K	$22K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0274%	4h	66.790	−0.084%	$397K	$1.5M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.825	−0.031%	$104K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0486%	1h	66.812	−0.051%	$767K	$589K	25x	as long as short