Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.03 per $10,000 · paid last 24h −0.008%
Price spread now: gTrade (Gains Network) against Lighter RH−0.105%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$278as in the Price arb table
costs, in and out, $10k−$2732.734% of the position
Funding, last 3 days (all we have)−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.155%+$16 · spread now −0.105%, 7d avg −0.057%
=Together, before fees+0.127%+ Points / potential airdropLighter RH: Points live · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.048% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XAG | 65.420 | 0.0032 | pay 0.0004% / 1h | 56m 51s | $4.6M | $9.7M | 25x |
| Short | gTrade (Gains Network) XAG/USD | 65.351 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 56m 51s | $118K | — | 250x |
Lighter RH XAG
gTrade (Gains Network) XAG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Lighter RH. 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
- −$5.49
- Price spread: −0.105% → −0.057%
- −$4.81
- Slippage, 4 orders
- −$263.43
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$283.73
- Costs to cover
- 2.734%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 12 min ago.
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 RH live order book, 2 min ago | 1.70 bp | 1.7 bp −$2 | 2.6 bp −$26 | 26.6 bp −$2,662 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 12 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2012.7 bp −$1.01M |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 65.293 | −0.194% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.430 | +0.016% | $27.8M | $39.6M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.390 | −0.046% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.430 | +0.016% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.420 | 0.000% | $1.5M | $281K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDshort | L +0.0004% / S −0.0006% | 1h | 65.351 | −0.105% | $118K | — | 250x | |
| Ondo Perps XAG-USD.P | +0.0009% | 1h | 65.270 | −0.229% | $5.6M | $9.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0024% | 1h | 65.360 | −0.091% | $35K | $21K | 20x | as long as short |
| Variational Omni XAG | +0.0030% | 4h | 65.314 | −0.162% | $5.5M | $9.2M | — | as long as short |
| Lighter RH XAGlong | +0.0032% | 1h | 65.420 | long leg | $4.6M | $9.7M | 25x |
dYdX XAG-USD
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Ondo Perps XAG-USD.P
Hotstuff SILVER-PERP
Variational Omni XAGShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.372 | −0.072% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.498% | $11K | $94K | 52x | as long as short |
| Gate XAG_USDT | +0.0034% | 4h | 65.450 | +0.046% | $141.5M | $176.3M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.330 | −0.137% | $786K | $2.9M | 40x | as long as short |
| Aster XAGUSDT | +0.0042% | 4h | 65.410 | −0.015% | $2.7M | $954K | 100x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.390 | −0.046% | $152K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.797 | +0.577% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.357 | −0.096% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.358 | −0.094% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0053% | 8h | 65.369 | −0.078% | $29K | $1K | 5x | as long as short |
| MEXC SILVER_USDT | +0.0054% | 4h | 65.430 | +0.016% | $116.9M | $156.0M | 1000x | as long as short |
| Binance XAGUSDT | +0.0055% | 4h | 65.430 | +0.016% | $191.7M | $763.2M | 100x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.294 | −0.192% | $56K | $31K | 25x | as long as short |
| edgeX XAGUSDC | +0.0066% | 4h | 65.316 | −0.159% | $665K | $315K | 30x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 65.408 | −0.019% | $47K | — | 10x | as long as short |
| Kalshi KXSILVERPERP | +0.0079% | 24h | 65.357 | −0.096% | $483K | $31.5M | 8.1x | as long as short |
| tradeXYZ xyz:SILVER | +0.0081% | 1h | 65.397 | −0.035% | $170.7M | $83.3M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 65.230 | −0.290% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.320 | −0.153% | $469K | $621K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.390 | −0.046% | $25.4M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.260 | −0.244% | $112K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.409 | −0.016% | $1.2M | $4.9M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0142% | 4h | 65.325 | −0.145% | $391K | $1.6M | 25x | as long as short |
| Lighter XAG | +0.0144% | 1h | 65.424 | +0.006% | $5.3M | $11.1M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0152% | 1h | 65.288 | −0.202% | $20K | $18K | 10x | as long as short |
| Nado XAG-PERP | +0.0153% | 1h | 65.348 | −0.110% | $1.2M | $5.1M | 10x | as long as short |
| Bitget XAGUSDT | +0.0170% | 4h | 65.430 | +0.016% | $23.7M | $45.9M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0182% | 8h | 65.410 | −0.015% | $28.2M | $71.0M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.410 | −0.015% | $66K | $385K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0210% | 1h | 65.296 | −0.189% | $78K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0220% | 4h | 65.380 | −0.061% | $2.7M | $599K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.415 | −0.007% | $93K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0248% | 1h | 65.372 | −0.073% | $44K | $75K | 10x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0363% | 1h | 65.379 | −0.062% | $1.0M | $874K | 25x | as long as short |
Extended XAG-USD
Injective XAG/USDC PERP
Gate XAG_USDT
StandX XAG-USD
Aster XAGUSDT
QFEX SILVER-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
MEXC SILVER_USDT
Binance XAGUSDT
Phoenix SILVER
edgeX XAGUSDC
Aevo XAG-PERP
Kalshi KXSILVERPERP
tradeXYZ xyz:SILVER
Coinbase International SILVER-PERP-INTX
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
RISEx XAG/USDC
GRVT XAG_USDT_Perp
Lighter XAG
Hibachi XAG/USDT-P
Nado XAG-PERP
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
Kraken Futures PF_XAGUSD