XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.041%

Price spread now: Lighter against dYdX+0.068%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 5 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: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.068% dearer against dYdX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XAG-USD	66.359	0	get 0.0000% / 1h	4m 54s	$15K	—	5x
Short	Lighter XAG	66.403	0.0136	get 0.0017% / 1h	4m 54s	$5.2M	$11.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against dYdX. 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 dYdXbpFee LighterbpOrdersPrice spread, now +0.068%Rate

Funding earned: $28.56
Price spread: +0.068% → 0.000%: $6.77
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $25.33
Costs to cover: 0.100%
Break-even: 0.8 days

Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 9 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 dYdX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 9 min ago	0.23 bp	0.2 bp $0	0.3 bp −$3	5.2 bp −$523	15.0 bp −$7,497

dYdX: 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
Kraken Futures PF_XAGUSD	−0.0271%	1h	66.380	+0.032%	$768K	$569K	25x	as long as short
dYdX XAG-USDlong	0.0000%	1h	66.359	long leg	$15K	—	5x
Bybit XAGUSDT	0.0000%	4h	66.450	+0.138%	$25.7M	$33.5M	150x	as long as short
RISEx XAG/USDC	0.0000%	1h	66.422	+0.096%	$1.3M	$4.2M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.430	+0.108%	$146.5M	$174.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.430	+0.108%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.410	+0.077%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.400	+0.062%	$1.5M	$249K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.353	−0.008%	$120K	—	250x	as long as short
QFEX SILVER-USD	+0.0016%	1h	66.400	+0.062%	$124K	$2.8M	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	66.400	+0.062%	$4.8M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.366	+0.011%	$5.5M	$12.3M	10x	as long as short
Hotstuff SILVER-PERP	+0.0032%	1h	66.374	+0.023%	$35K	$21K	20x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.062%	$11K	$94K	52x	as long as short
BloFin XAG-USDT	+0.0040%	4h	66.380	+0.032%	$2.6M	$848K	100x	as long as short
StandX XAG-USD	+0.0040%	1h	66.330	−0.043%	$794K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.853	+0.745%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.384	+0.038%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.354	−0.007%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.320	−0.058%	$5.7M	$10.0M	25x	as long as short
tradeXYZ xyz:SILVER	+0.0054%	1h	66.384	+0.038%	$165.4M	$88.2M	25x	as long as short
Kalshi KXSILVERPERP	+0.0058%	24h	66.372	+0.020%	$588K	$21.4M	8.1x	as long as short
Phoenix SILVER	+0.0073%	1h	66.345	−0.020%	$56K	$26K	25x	as long as short
Aster XAGUSDT	+0.0079%	4h	66.420	+0.093%	$2.8M	$1.0M	100x	as long as short
Variational Omni XAG	+0.0080%	4h	66.386	+0.041%	$5.5M	$10.5M	—	as long as short
Bitget XAGUSDT	+0.0084%	4h	66.440	+0.123%	$24.2M	$48.0M	100x	as long as short
MEXC SILVER_USDT	+0.0092%	4h	66.420	+0.093%	$123.9M	$182.7M	1000x	as long as short
Binance XAGUSDT	+0.0094%	4h	66.434	+0.114%	$191.0M	$729.4M	100x	as long as short
edgeX XAGUSDC	+0.0098%	4h	66.377	+0.028%	$673K	$315K	30x	as long as short
Pacifica XAG	+0.0100%	1h	66.360	+0.002%	$475K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.380	+0.032%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.330	−0.043%	$113K	$19K	50x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.407	+0.073%	$48K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	66.380	+0.032%	$1.9M	$864K	20x	as long as short
Paradex XAG-USD-PERP	+0.0116%	8h	66.402	+0.066%	$30K	$1K	5x	as long as short
Aftermath Perps XAGUSD	+0.0131%	1h	66.309	−0.075%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0134%	4h	66.378	+0.030%	$402K	$1.4M	25x	as long as short
Lighter XAGshort	+0.0136%	1h	66.403	+0.068%	$5.2M	$11.0M	25x
OKX XAG-USDT-SWAP	+0.0181%	8h	66.440	+0.123%	$27.5M	$66.7M	50x	as long as short
Hibachi XAG/USDT-P	+0.0200%	1h	66.330	−0.043%	$20K	$22K	10x	as long as short
Nado XAG-PERP	+0.0218%	1h	66.367	+0.012%	$1.3M	$6.5M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0258% / S −0.0231%	1h	66.415	+0.085%	$103K	—	111x	as long as short
Bullet SILVER-USD	+0.0269%	1h	66.415	+0.085%	$46K	$75K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0503%	1h	66.410	+0.077%	$51K	$359K	20x	as long as short