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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0062%/8h= −6.8% APRnext payment $0.08 per $10,000 · paid last 24h −0.026%
Price spread now: SoDEX against Lighter−0.064%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.064% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XAG66.4450.0112pay 0.0014% / 1h40m 59s$5.2M$10.3M25x
ShortSoDEX SILVER-USD66.4020.0050get 0.0006% / 1h40m 59s$4K$5K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$13.02
Price spread: −0.064% → 0.000%
−$6.4
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$27.42
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 7 min ago; SoDEX: 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, 7 min ago0.35 bp0.4 bp $00.4 bp −$44.6 bp −$46016.0 bp −$8,007
Sell SoDEX no order-book sample
SoDEX: 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%1h66.370−0.113%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.470+0.038%$25.7M$33.5M150xas long as short
Gate XAG_USDT0.0000%4h66.460+0.023%$147.4M$170.0M100xas long as short
SunX XAG-USDT0.0000%4h66.480+0.053%$2K$3.1M20xas long as short
HTX XAG-USDT0.0000%4h66.500+0.084%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.490+0.068%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.392−0.079%$120K250xas long as short
Hotstuff SILVER-PERP+0.0016%1h66.432−0.019%$35K$21K20xas long as short
Lighter RH XAG+0.0032%1h66.447+0.004%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.398−0.070%$5.5M$12.3M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400−0.067%$11K$94K52xas long as short
Phoenix SILVER+0.0036%1h66.418−0.040%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.400−0.067%$795K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.902+0.689%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.434−0.016%$3.9M$699K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h66.402−0.064%$4K$5K20x
Ondo Perps XAG-USD.P+0.0050%1h66.350−0.142%$5.7M$10.0M25xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.420−0.037%$590K$21.2M8.1xas long as short
QFEX SILVER-USD+0.0061%1h66.460+0.023%$124K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0070%1h66.429−0.023%$165.6M$87.6M25xas long as short
BloFin XAG-USDT+0.0082%4h66.460+0.023%$2.6M$650K100xas long as short
Variational Omni XAG+0.0088%4h66.467+0.033%$5.6M$10.3Mas long as short
Aster XAGUSDT+0.0092%4h66.461+0.024%$2.8M$1.1M100xas long as short
Pacifica XAG+0.0100%1h66.399−0.068%$475K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.420−0.037%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.370−0.112%$126K$26K50xas long as short
MEXC SILVER_USDT+0.0102%4h66.460+0.023%$114.4M$152.9M1000xas long as short
Paradex XAG-USD-PERP+0.0102%8h66.437−0.012%$30K$1K5xas long as short
Binance XAGUSDT+0.0102%4h66.467+0.034%$191.9M$721.6M100xas long as short
Aevo XAG-PERP+0.0104%1h66.460+0.023%$48K10xas long as short
edgeX XAGUSDC+0.0110%4h66.443−0.003%$674K$316K30xas long as short
Lighter XAGlong+0.0112%1h66.445long leg$5.2M$10.3M25x
Bitget XAGUSDT+0.0120%4h66.470+0.038%$24.2M$47.9M100xas long as short
Aftermath Perps XAGUSD+0.0148%1h66.436−0.013%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0156%4h66.486+0.062%$399K$1.4M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0160%1h66.460+0.023%$1.9M$848K20xas long as short
OKX XAG-USDT-SWAP+0.0188%8h66.460+0.023%$27.6M$66.2M50xas long as short
RISEx XAG/USDC+0.0208%1h66.461+0.025%$1.3M$4.2M20xas long as short
Bullet SILVER-USD+0.0244%1h66.470+0.038%$46K$75K10xas long as short
Nado XAG-PERP+0.0251%1h66.409−0.053%$1.3M$6.5M10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0258% / S −0.0231%1h66.465+0.031%$103K111xas long as short
Hibachi XAG/USDT-P+0.0304%1h66.415−0.044%$20K$22K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.450+0.008%$51K$360K20xas long as short
Kraken Futures PF_XAGUSD+0.0596%1h66.437−0.011%$768K$566K25xas long as short