XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.056%

Price spread now: Hotstuff against Lighter−0.044%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Hotstuff

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Hotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Hotstuff is 0.044% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XAG	66.340	0.0192	pay 0.0024% / 1h	0m 22s	$5.3M	$10.7M	25x
Short	Hotstuff SILVER-PERP	66.310	0.0088	get 0.0011% / 1h	0m 22s	$35K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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

Position, each leg$Hold fordaysFee LighterbpFee HotstuffbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$21.84
Price spread: −0.044% → 0.000%: −$4.45
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$31.29
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 8 min ago; Hotstuff: 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, 8 min ago	0.48 bp	0.9 bp −$1	1.6 bp −$16	6.2 bp −$623	17.4 bp −$8,682
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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 43 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	66.300	−0.060%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.350	+0.016%	$152.0M	$166.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.340	+0.001%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.380	+0.061%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.370	+0.046%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.263	−0.115%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.332	−0.011%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.271	−0.103%	$5.3M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.091%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.390	+0.076%	$799K	$2.9M	40x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0042%	1h	66.240	−0.150%	$5.7M	$9.6M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.766	+0.643%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.315	−0.037%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.312	−0.041%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.266	−0.111%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.340	+0.001%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0063%	24h	66.299	−0.061%	$490K	$24.5M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.350	+0.016%	$1.3M	$4.4M	20x	as long as short
Hotstuff SILVER-PERPshort	+0.0088%	1h	66.310	−0.044%	$35K	$21K	20x
tradeXYZ xyz:SILVER	+0.0099%	1h	66.301	−0.058%	$165.9M	$75.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.289	−0.076%	$472K	$606K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.290	−0.075%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.300	−0.060%	$113K	$30K	50x	as long as short
Aster XAGUSDT	+0.0138%	4h	66.351	+0.017%	$2.7M	$934K	100x	as long as short
Paradex XAG-USD-PERP	+0.0139%	8h	66.330	−0.014%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0153%	4h	66.350	+0.016%	$26.7M	$36.4M	150x	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.329	−0.016%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0176%	4h	66.333	−0.009%	$5.5M	$9.8M	—	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.280	−0.090%	$1.9M	$970K	20x	as long as short
MEXC SILVER_USDT	+0.0188%	4h	66.340	+0.001%	$111.5M	$159.8M	1000x	as long as short
Binance XAGUSDT	+0.0189%	4h	66.342	+0.004%	$192.4M	$706.9M	100x	as long as short
edgeX XAGUSDC	+0.0190%	4h	66.322	−0.027%	$673K	$315K	30x	as long as short
Lighter XAGlong	+0.0192%	1h	66.340	long leg	$5.3M	$10.7M	25x
OKX XAG-USDT-SWAP	+0.0216%	8h	66.330	−0.014%	$27.8M	$65.7M	50x	as long as short
Nado XAG-PERP	+0.0218%	1h	66.281	−0.088%	$1.3M	$6.6M	10x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.320	−0.029%	$20K	$22K	10x	as long as short
Aftermath Perps XAGUSD	+0.0238%	1h	66.306	−0.050%	$80K	$38K	10x	as long as short
Bitget XAGUSDT	+0.0254%	4h	66.340	+0.001%	$23.9M	$46.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0274%	4h	66.382	+0.063%	$399K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0288%	1h	66.351	+0.017%	$46K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0327% / S −0.0335%	1h	66.345	+0.008%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0463%	1h	66.300	−0.059%	$765K	$478K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0504%	1h	66.330	−0.014%	$50K	$325K	20x	as long as short