XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0199%/8h= +21.8% APRnext payment +$0.25 per $10,000 · paid last 24h +0.045%

Price spread now: GMX against Lighter RH+0.019%7-day average +0.050% · you sell dearer than you buy

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

Long on Lighter RH Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.124%+$12 on $10k

Price spread, last 3 days (all we have)+0.068%+$7 · spread now +0.019%, 7d avg +0.050%

Together, before fees+0.192%+ Points / potential airdropLighter RH: Points live · farm board+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.031% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.050%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH XAG	66.433	0.0032	pay 0.0004% / 1h	43m 56s	$4.8M	$9.6M	25x
Short	GMX SILVER/USD [ETH-USDC]	66.445	L +0.0258% / S −0.0231%	get 0.0029% / 1h	43m 56s	$103K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 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 Lighter RHbpFee GMXbpOrdersPrice spread, now +0.019%Rate

Funding earned: $41.73
Price spread: +0.019% → +0.050%: −$3.15
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $26.58
Costs to cover: 0.120%
Break-even: 2.5 days

Slippage unknown: Lighter RH: live order book, 5 min ago; GMX: 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 RH live order book, 5 min ago	1.59 bp	1.6 bp −$2	2.4 bp −$24	20.1 bp −$2,007	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
dYdX XAG-USD	0.0000%	1h	66.370	−0.095%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.460	+0.041%	$25.7M	$33.4M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.450	+0.026%	$147.4M	$169.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.450	+0.026%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.470	+0.056%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.450	+0.026%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.380	−0.079%	$120K	—	250x	as long as short
Lighter RH XAGlong	+0.0032%	1h	66.433	long leg	$4.8M	$9.6M	25x
Extended XAG-USD	+0.0032%	1h	66.385	−0.072%	$5.5M	$12.3M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.049%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SILVER	+0.0036%	1h	66.397	−0.054%	$56K	$26K	25x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.374	−0.088%	$35K	$21K	20x	as long as short
StandX XAG-USD	+0.0040%	1h	66.380	−0.079%	$794K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.878	+0.670%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.410	−0.034%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.382	−0.076%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.320	−0.170%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.385	−0.072%	$589K	$21.3M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.430	−0.004%	$124K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0068%	1h	66.416	−0.025%	$165.5M	$87.5M	25x	as long as short
Variational Omni XAG	+0.0088%	4h	66.467	+0.051%	$5.6M	$10.3M	—	as long as short
Aster XAGUSDT	+0.0089%	4h	66.420	−0.019%	$2.8M	$1.1M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.354	−0.118%	$475K	$625K	10x	as long as short
MEXC SILVER_USDT	+0.0100%	4h	66.440	+0.011%	$114.3M	$152.9M	1000x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.400	−0.049%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.400	−0.049%	$126K	$26K	50x	as long as short
Binance XAGUSDT	+0.0100%	4h	66.450	+0.026%	$191.9M	$723.1M	100x	as long as short
Paradex XAG-USD-PERP	+0.0104%	8h	66.397	−0.054%	$30K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.439	+0.010%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0110%	4h	66.444	+0.017%	$674K	$315K	30x	as long as short
Lighter XAG	+0.0112%	1h	66.433	0.000%	$5.2M	$10.3M	25x	as long as short
Bitget XAGUSDT	+0.0116%	4h	66.460	+0.041%	$24.2M	$48.0M	100x	as long as short
BloFin XAG-USDT	+0.0133%	4h	66.410	−0.034%	$2.6M	$650K	100x	as long as short
Aftermath Perps XAGUSD	+0.0147%	1h	66.417	−0.024%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0152%	4h	66.460	+0.041%	$395K	$1.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.460	+0.041%	$1.9M	$848K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0189%	8h	66.450	+0.026%	$27.6M	$66.3M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.424	−0.013%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0243%	1h	66.446	+0.020%	$46K	$75K	10x	as long as short
Nado XAG-PERP	+0.0256%	1h	66.392	−0.062%	$1.3M	$6.5M	10x	as long as short
GMX SILVER/USD [ETH-USDC]short	L +0.0258% / S −0.0231%	1h	66.445	+0.019%	$103K	—	111x
Hibachi XAG/USDT-P	+0.0296%	1h	66.409	−0.036%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.430	−0.004%	$50K	$360K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0596%	1h	66.405	−0.042%	$767K	$569K	25x	as long as short