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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.024%
Price spread now: Bullet against Lighter−0.002%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XAG65.4660.0072pay 0.0009% / 1h48m 36s$5.4M$11.3M25x
ShortBullet SILVER-USD65.4650.0143get 0.0018% / 1h48m 36s$44K$76K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Lighter. 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
$14.81
Price spread: −0.002% → 0.000%
−$0.17
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Bullet: 4 bp × 2 orders
−$8
Net
$6.64
Costs to cover
0.080%
Break-even
3.9 days
Slippage unknown: Lighter: live order book, 5 min ago; Bullet: no order-book sample. 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 Lighter live order book, 5 min ago0.50 bp0.5 bp −$12.9 bp −$297.2 bp −$71819.3 bp −$9,630
Sell Bullet no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi XAG/USDT-P−0.0120%1h65.399−0.103%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0082%1h65.330−0.208%$5.6M$9.7M25xas long as short
dYdX XAG-USD0.0000%1h65.406−0.091%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.460−0.009%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.460−0.009%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.460−0.009%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.413−0.082%$118K250xas long as short
Gate XAG_USDT+0.0030%4h65.460−0.009%$141.5M$178.9M100xas long as short
Lighter RH XAG+0.0032%1h65.454−0.019%$4.7M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h65.422−0.068%$5.1M$11.6M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400+1.427%$11K$94K52xas long as short
Bybit XAGUSDT+0.0036%4h65.470+0.006%$28.6M$39.5M150xas long as short
StandX XAG-USD+0.0040%1h65.430−0.055%$787K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h65.884+0.638%25xas long as short
QFEX SILVER-USD+0.0050%1h65.430−0.055%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.425−0.063%$170.7M$83.3M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.423−0.066%$3.9M$716K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.406−0.092%$3K$6K20xas long as short
Aster XAGUSDT+0.0051%4h65.460−0.009%$2.7M$964K100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0056%1h65.440−0.040%$66K$371K20xas long as short
Hotstuff SILVER-PERP+0.0056%1h65.436−0.046%$35K$21K20xas long as short
Paradex XAG-USD-PERP+0.0059%8h65.444−0.034%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.430−0.055%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.561+0.145%$56K$31K25xas long as short
Lighter XAGlong+0.0072%1h65.466long leg$5.4M$11.3M25x
Kalshi KXSILVERPERP+0.0077%24h65.439−0.041%$499K$29.6M8.1xas long as short
Variational Omni XAG+0.0084%4h65.404−0.095%$5.5M$9.4Mas long as short
Binance XAGUSDT+0.0088%4h65.465−0.001%$189.5M$760.0M100xas long as short
MEXC SILVER_USDT+0.0088%4h65.450−0.025%$113.6M$156.6M1000xas long as short
Pacifica XAG+0.0100%1h65.414−0.080%$467K$627K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.430−0.055%$24.6M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.470+0.006%$112K$19K50xas long as short
Aevo XAG-PERP+0.0104%1h65.445−0.032%$47K10xas long as short
edgeX XAGUSDC+0.0108%4h65.508+0.064%$667K$313K30xas long as short
Nado XAG-PERP+0.0118%1h65.417−0.075%$1.2M$5.5M10xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.410−0.086%$1.6M$1.3M20xas long as short
GRVT XAG_USDT_Perp+0.0132%4h65.425−0.062%$384K$1.5M25xas long as short
Bullet SILVER-USDshort+0.0143%1h65.465−0.002%$44K$76K10x
Bitget XAGUSDT+0.0188%4h65.450−0.025%$23.8M$46.5M100xas long as short
OKX XAG-USDT-SWAP+0.0195%8h65.440−0.040%$27.8M$71.1M50xas long as short
Aftermath Perps XAGUSD+0.0209%1h65.464−0.004%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0321% / S −0.0301%1h65.455−0.017%$93K111xas long as short
BloFin XAG-USDT+0.0329%4h65.470+0.006%$2.6M$617K100xas long as short
Kraken Futures PF_XAGUSD+0.0492%1h65.420−0.070%$917K$744K25xas long as short