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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Injective against Lighter RH−0.024%67s7-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 7 days−0.071%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.024% cheaper against Lighter RH than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XAG66.4160.0032pay 0.0004% / 1h3m 47s$4.8M$9.8M25x
ShortInjective XAG/USDC PERP66.4000.0033get 0.0004% / 1h3m 47s$11K$94K52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
$0.28
Price spread: −0.024% → 0.000%
−$2.44
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$2.18
Costs to cover
0.000%
Break-even
61.5 days
Slippage unknown: Lighter RH: live order book, 5 min ago; Injective: 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 RH live order book, 5 min ago0.73 bp3.1 bp −$34.4 bp −$4423.1 bp −$2,311doesn't fit
Sell Injective no order-book sample
Injective: 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
Kraken Futures PF_XAGUSD−0.0271%1h66.397−0.029%$768K$569K25xas long as short
dYdX XAG-USD0.0000%1h66.359−0.087%$15K5xas long as short
Bybit XAGUSDT0.0000%4h66.450+0.051%$25.7M$33.5M150xas long as short
RISEx XAG/USDC0.0000%1h66.435+0.028%$1.3M$4.2M20xas long as short
Gate XAG_USDT0.0000%4h66.450+0.051%$146.6M$174.0M100xas long as short
SunX XAG-USDT0.0000%4h66.450+0.051%$2K$3.1M20xas long as short
HTX XAG-USDT0.0000%4h66.440+0.036%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.430+0.021%$1.5M$249K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.363−0.080%$120K250xas long as short
QFEX SILVER-USD+0.0016%1h66.420+0.006%$125K$2.8M20xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAGlong+0.0032%1h66.416long leg$4.8M$9.8M25x
Extended XAG-USD+0.0032%1h66.368−0.072%$5.5M$12.3M10xas long as short
Injective XAG/USDC PERPshort+0.0033%1h66.400−0.024%$11K$94K52x
BloFin XAG-USDT+0.0040%4h66.380−0.055%$2.6M$848K100xas long as short
StandX XAG-USD+0.0040%1h66.370−0.070%$794K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.864+0.674%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.398−0.027%$3.9M$699K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.362−0.082%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.340−0.115%$5.7M$10.0M25xas long as short
tradeXYZ xyz:SILVER+0.0054%1h66.408−0.012%$165.4M$88.2M25xas long as short
Kalshi KXSILVERPERP+0.0058%24h66.395−0.032%$589K$21.4M8.1xas long as short
Phoenix SILVER+0.0073%1h66.345−0.107%$56K$26K25xas long as short
Aster XAGUSDT+0.0079%4h66.431+0.022%$2.8M$1.0M100xas long as short
Variational Omni XAG+0.0080%4h66.386−0.045%$5.5M$10.5Mas long as short
Bitget XAGUSDT+0.0086%4h66.450+0.051%$24.2M$48.0M100xas long as short
MEXC SILVER_USDT+0.0094%4h66.430+0.021%$124.2M$182.8M1000xas long as short
Binance XAGUSDT+0.0094%4h66.440+0.036%$191.0M$729.7M100xas long as short
edgeX XAGUSDC+0.0098%4h66.377−0.059%$673K$315K30xas long as short
Pacifica XAG+0.0100%1h66.381−0.053%$475K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.400−0.024%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.330−0.130%$113K$19K50xas long as short
Aevo XAG-PERP+0.0104%1h66.419+0.005%$48K10xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h66.380−0.055%$1.9M$864K20xas long as short
Paradex XAG-USD-PERP+0.0115%8h66.413−0.006%$30K$1K5xas long as short
Aftermath Perps XAGUSD+0.0131%1h66.316−0.151%$80K$40K10xas long as short
GRVT XAG_USDT_Perp+0.0134%4h66.378−0.057%$402K$1.4M25xas long as short
Lighter XAG+0.0136%1h66.418+0.003%$5.2M$11.0M25xas long as short
Hotstuff SILVER-PERP+0.0136%1h66.405−0.017%$35K$21K20xas long as short
OKX XAG-USDT-SWAP+0.0182%8h66.450+0.051%$27.5M$66.7M50xas long as short
Hibachi XAG/USDT-P+0.0216%1h66.352−0.097%$20K$22K10xas long as short
Nado XAG-PERP+0.0218%1h66.375−0.062%$1.3M$6.5M10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0258% / S −0.0231%1h66.435+0.028%$103K111xas long as short
Bullet SILVER-USD+0.0268%1h66.442+0.038%$46K$75K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0503%1h66.420+0.006%$51K$359K20xas long as short