Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.24 per $10,000 · paid last 24h +0.032%
Price spread now: Lighter against Injective−2.332%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.194%+$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 2.332% cheaper against Injective than usual: you would sell low and buy high (spread −2.332% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$233 on $10k: about 41 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.194% in total) that is about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAG/USDC PERP66.4000.0033pay 0.0004% / 1h32m 57s$11K$94K52x
ShortLighter XAG64.8510.0224get 0.0028% / 1h32m 57s$5.2M$11.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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

Funding earned
$40.04
Price spread: −2.332% → 0.000%
−$233.22
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter: 0 bp × 2 orders
$0
Net
−$193.2
Costs to cover
0.000%
Break-even
40.8 days
Slippage unknown: Injective: no order-book sample; Lighter: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Lighter live order book, 5 min ago0.01 bp0.0 bp $00.3 bp −$36.7 bp −$66819.2 bp −$9,599
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XAG-USD0.0000%1h64.799−2.412%$12K$6K5xas long as short
SunX XAG-USDT0.0000%4h64.860−2.319%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h64.890−2.274%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h64.870−2.304%$1.4M$317K100xas long as short
Gate XAG_USDT+0.0002%4h64.860−2.319%$138.6M$183.6M100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.779−2.441%$117K250xas long as short
Variational Omni XAG+0.0015%4h64.904−2.253%$5.3M$9.1Mas long as short
Lighter RH XAG+0.0032%1h64.855−2.327%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h64.776−2.446%$5.0M$12.1M10xas long as short
Injective XAG/USDC PERPlong+0.0033%1h66.400long leg$11K$94K52x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h64.920−2.229%$781K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.261−1.715%25xas long as short
QFEX SILVER-USD+0.0047%1h64.840−2.349%$446K$1.5M20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h64.769−2.456%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h64.782−2.437%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h64.740−2.500%$5.6M$9.9M25xas long as short
MEXC SILVER_USDT+0.0054%4h64.840−2.349%$120.4M$158.4M1000xas long as short
Binance XAGUSDT+0.0056%4h64.849−2.336%$196.8M$777.2M100xas long as short
Paradex XAG-USD-PERP+0.0061%8h64.796−2.416%$29K$1665xas long as short
edgeX XAGUSDC+0.0061%4h64.915−2.236%$661K$314K30xas long as short
Aster XAGUSDT+0.0071%4h64.860−2.319%$2.6M$996K100xas long as short
Aevo XAG-PERP+0.0072%1h64.837−2.354%$47K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0080%1h64.790−2.425%$1.6M$1.4M20xas long as short
Kalshi KXSILVERPERP+0.0085%24h64.815−2.387%$484K$34.5M8.1xas long as short
Hotstuff SILVER-PERP+0.0088%1h64.805−2.402%$34K$21K20xas long as short
Pacifica XAG+0.0100%1h64.781−2.438%$462K$592K10xas long as short
KuCoin XAGUSDTM+0.0100%4h64.800−2.410%$25.1M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h64.870−2.304%$111K$19K50xas long as short
Phoenix SILVER+0.0111%1h64.908−2.247%$55K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0135%1h64.815−2.387%$173.5M$87.6M25xas long as short
GRVT XAG_USDT_Perp+0.0152%4h64.934−2.207%$390K$1.5M25xas long as short
RISEx XAG/USDC+0.0158%1h64.846−2.340%$1.2M$4.9M20xas long as short
Nado XAG-PERP+0.0158%1h64.798−2.413%$1.2M$4.2M10xas long as short
Bitget XAGUSDT+0.0192%4h64.850−2.334%$23.2M$46.5M100xas long as short
Bybit XAGUSDT+0.0193%4h64.870−2.304%$29.3M$42.6M150xas long as short
OKX XAG-USDT-SWAP+0.0194%8h64.860−2.319%$28.7M$73.3M50xas long as short
Aftermath Perps XAGUSD+0.0220%1h64.869−2.306%$78K$37K10xas long as short
BloFin XAG-USDT+0.0223%4h64.850−2.334%$2.7M$653K100xas long as short
Lighter XAGshort+0.0224%1h64.851−2.332%$5.2M$11.0M25x
GMX SILVER/USD [ETH-USDC]L +0.0237% / S −0.0196%1h64.845−2.342%$92K111xas long as short
Bullet SILVER-USD+0.0300%1h64.842−2.346%$45K$75K10xas long as short
Hibachi XAG/USDT-P+0.0344%1h64.870−2.304%$20K$15K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0367%1h64.830−2.364%$76K$430K20xas long as short
Kraken Futures PF_XAGUSD+0.0420%1h64.811−2.392%$1.0M$890K25xas long as short