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
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: 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XAG | 65.466 | 0.0072 | pay 0.0009% / 1h | 48m 36s | $5.4M | $11.3M | 25x |
| Short | Bullet SILVER-USD | 65.465 | 0.0143 | get 0.0018% / 1h | 48m 36s | $44K | $76K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 5 min ago | 0.50 bp | 0.5 bp −$1 | 2.9 bp −$29 | 7.2 bp −$718 | 19.3 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0120% | 1h | 65.399 | −0.103% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0082% | 1h | 65.330 | −0.208% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.406 | −0.091% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.460 | −0.009% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.460 | −0.009% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.460 | −0.009% | $1.5M | $281K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.413 | −0.082% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0030% | 4h | 65.460 | −0.009% | $141.5M | $178.9M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.454 | −0.019% | $4.7M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.422 | −0.068% | $5.1M | $11.6M | 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 | +1.427% | $11K | $94K | 52x | as long as short |
| Bybit XAGUSDT | +0.0036% | 4h | 65.470 | +0.006% | $28.6M | $39.5M | 150x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.430 | −0.055% | $787K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.884 | +0.638% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.430 | −0.055% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.425 | −0.063% | $170.7M | $83.3M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.423 | −0.066% | $3.9M | $716K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.406 | −0.092% | $3K | $6K | 20x | as long as short |
| Aster XAGUSDT | +0.0051% | 4h | 65.460 | −0.009% | $2.7M | $964K | 100x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0056% | 1h | 65.440 | −0.040% | $66K | $371K | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.436 | −0.046% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0059% | 8h | 65.444 | −0.034% | $29K | $1K | 5x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.430 | −0.055% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.561 | +0.145% | $56K | $31K | 25x | as long as short |
| Lighter XAGlong | +0.0072% | 1h | 65.466 | long leg | $5.4M | $11.3M | 25x | |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.439 | −0.041% | $499K | $29.6M | 8.1x | as long as short |
| Variational Omni XAG | +0.0084% | 4h | 65.404 | −0.095% | $5.5M | $9.4M | — | as long as short |
| Binance XAGUSDT | +0.0088% | 4h | 65.465 | −0.001% | $189.5M | $760.0M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0088% | 4h | 65.450 | −0.025% | $113.6M | $156.6M | 1000x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.414 | −0.080% | $467K | $627K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.430 | −0.055% | $24.6M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.470 | +0.006% | $112K | $19K | 50x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 65.445 | −0.032% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0108% | 4h | 65.508 | +0.064% | $667K | $313K | 30x | as long as short |
| Nado XAG-PERP | +0.0118% | 1h | 65.417 | −0.075% | $1.2M | $5.5M | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.410 | −0.086% | $1.6M | $1.3M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0132% | 4h | 65.425 | −0.062% | $384K | $1.5M | 25x | as long as short |
| Bullet SILVER-USDshort | +0.0143% | 1h | 65.465 | −0.002% | $44K | $76K | 10x | |
| Bitget XAGUSDT | +0.0188% | 4h | 65.450 | −0.025% | $23.8M | $46.5M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0195% | 8h | 65.440 | −0.040% | $27.8M | $71.1M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0209% | 1h | 65.464 | −0.004% | $79K | $37K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0321% / S −0.0301% | 1h | 65.455 | −0.017% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0329% | 4h | 65.470 | +0.006% | $2.6M | $617K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0492% | 1h | 65.420 | −0.070% | $917K | $744K | 25x | as long as short |
Lighter XAG
Bullet SILVER-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
Bybit XAGUSDT
StandX XAG-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Aster XAGUSDT
Deribit SILVER_USDC-PERPETUAL
Paradex XAG-USD-PERP
RISEx XAG/USDC
Phoenix SILVER
Kalshi KXSILVERPERP
Variational Omni XAG
Binance XAGUSDT
MEXC SILVER_USDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD