Funding you earn now, next payment 02:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.009%
Price spread now: Lighter RH against gTrade (Gains Network)+0.101%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2732.727% of the position
Funding, last 3 days (all we have)+0.027%+$3 on $10k
+Price spread, last 3 days (all we have)−0.151%−$15 · spread now +0.101%, 7d avg +0.053%
=Together, before fees−0.124%+ Points / potential airdropLighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.048% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XAG/USD | 66.303 | L +0.0004% / S −0.0006% | pay 0.0000% / 1h | 38m 17s | $120K | — | 250x |
| Short | Lighter RH XAG | 66.370 | 0.0032 | get 0.0004% / 1h | 38m 17s | $4.8M | $9.5M | 25x |
gTrade (Gains Network) XAG/USD
Lighter RH XAGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against gTrade (Gains Network). 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
- $5.94
- Price spread: +0.101% → +0.053%
- $4.79
- Slippage, 4 orders
- −$262.75
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$262.02
- Costs to cover
- 2.727%
- Break-even
- 315.8 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 61 min ago; Lighter RH: live order book, 5 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 gTrade (Gains Network) virtual book (oracle venue), 61 min ago | 130.00 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 579.9 bp −$58.0K | 2587.5 bp −$1.29M |
| Sell Lighter RH live order book, 5 min ago | 1.37 bp | 1.4 bp −$1 | 2.2 bp −$22 | 18.8 bp −$1,878 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.423 | +0.181% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.360 | +0.087% | $153.6M | $162.0M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.380 | +0.117% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.550 | +0.373% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.400 | +0.147% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDlong | L +0.0004% / S −0.0006% | 1h | 66.303 | long leg | $120K | — | 250x | |
| Lighter RH XAGshort | +0.0032% | 1h | 66.370 | +0.101% | $4.8M | $9.5M | 25x | |
| Extended XAG-USD | +0.0032% | 1h | 66.308 | +0.009% | $5.4M | $12.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.147% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.530 | +0.343% | $800K | $2.9M | 40x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.874 | +0.862% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.413 | +0.167% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.368 | +0.099% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.303 | +0.001% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.350 | +0.071% | $5.7M | $9.5M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.430 | +0.192% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0061% | 24h | 66.361 | +0.088% | $577K | $23.1M | 8.1x | as long as short |
| Bybit XAGUSDT | +0.0077% | 4h | 66.410 | +0.162% | $26.4M | $35.9M | 150x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.450 | +0.222% | $1.2M | $4.3M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0093% | 1h | 66.325 | +0.034% | $165.6M | $76.0M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.437 | +0.203% | $473K | $605K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.380 | +0.117% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.490 | +0.283% | $126K | $23K | 50x | as long as short |
| BloFin XAG-USDT | +0.0103% | 4h | 66.570 | +0.403% | $2.6M | $624K | 100x | as long as short |
| Aster XAGUSDT | +0.0118% | 4h | 66.360 | +0.087% | $2.7M | $968K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0123% | 8h | 66.454 | +0.228% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0129% | 4h | 66.505 | +0.305% | $5.5M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0144% | 1h | 66.362 | +0.090% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0150% | 4h | 66.360 | +0.087% | $102.2M | $158.0M | 1000x | as long as short |
| Binance XAGUSDT | +0.0152% | 4h | 66.381 | +0.118% | $192.6M | $707.9M | 100x | as long as short |
| edgeX XAGUSDC | +0.0153% | 4h | 66.569 | +0.401% | $676K | $313K | 30x | as long as short |
| Lighter XAG | +0.0160% | 1h | 66.381 | +0.119% | $5.3M | $10.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.520 | +0.328% | $1.9M | $967K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0197% | 8h | 66.400 | +0.147% | $27.9M | $65.9M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0221% | 1h | 66.456 | +0.231% | $80K | $38K | 10x | as long as short |
| Hotstuff SILVER-PERP | +0.0224% | 1h | 66.483 | +0.272% | $35K | $21K | 20x | as long as short |
| Nado XAG-PERP | +0.0225% | 1h | 66.386 | +0.126% | $1.3M | $6.5M | 10x | as long as short |
| Bitget XAGUSDT | +0.0226% | 4h | 66.340 | +0.056% | $24.4M | $45.7M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0238% | 4h | 66.520 | +0.328% | $400K | $1.5M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0272% | 1h | 66.473 | +0.256% | $20K | $22K | 10x | as long as short |
| Bullet SILVER-USD | +0.0278% | 1h | 66.388 | +0.129% | $45K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0292% / S −0.0281% | 1h | 66.375 | +0.109% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.350 | +0.071% | $50K | $325K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0463% | 1h | 66.346 | +0.065% | $765K | $472K | 25x | as long as short |
Vest SI-PERP
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Kalshi KXSILVERPERP
Bybit XAGUSDT
RISEx XAG/USDC
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
BloFin XAG-USDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Lighter XAG
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Hotstuff SILVER-PERP
Nado XAG-PERP
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Hibachi XAG/USDT-P
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD