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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.012%
Price spread now: RISEx against Lighter RH+0.025%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$120.124% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.039%+$4 on $10k
Price spread, last 7 days−0.002%$0 · spread now +0.025%, 7d avg +0.042%
Together, before fees+0.037%+ Points / potential airdropLighter RH: Points live · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XAG65.3440.0032pay 0.0004% / 1h38m 24s$4.6M$9.8M25x
ShortRISEx XAG/USDC65.3600.0061get 0.0008% / 1h38m 24s$1.3M$4.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$6.03
Price spread: +0.025% → +0.042%
−$1.72
Slippage, 4 orders
−$6.38
Fee Lighter RH: 0 bp × 2 orders
$0
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$8.07
Costs to cover
0.124%
Break-even
16.4 days
Slippage from Lighter RH: live order book, 5 min ago; RISEx: live order book, 1 min ago.

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 ago1.66 bp2.3 bp −$23.1 bp −$3124.2 bp −$2,417doesn't fit
Sell RISEx live order book, 1 min ago1.20 bp4.2 bp −$44.7 bp −$47doesn't fitdoesn't fit

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
Hibachi XAG/USDT-P−0.0128%1h65.358+0.022%$20K$20K10xas long as short
Ondo Perps XAG-USD.P−0.0075%1h65.240−0.159%$5.6M$9.7M25xas long as short
Hotstuff SILVER-PERP−0.0024%1h65.329−0.023%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.295−0.074%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.370+0.040%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.390+0.071%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.380+0.055%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.289−0.083%$118K250xas long as short
Bybit XAGUSDT+0.0015%4h65.370+0.040%$28.4M$39.7M150xas long as short
Gate XAG_USDT+0.0028%4h65.370+0.040%$141.2M$181.3M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAGlong+0.0032%1h65.344long leg$4.6M$9.8M25x
Extended XAG-USD+0.0032%1h65.292−0.079%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.616%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h65.350+0.009%$786K$3.0M40xas long as short
Aster XAGUSDT+0.0045%4h65.355+0.017%$2.7M$973K100xas long as short
Vest SI-PERP+0.0046%1h65.770+0.652%25xas long as short
QFEX SILVER-USD+0.0050%1h65.360+0.025%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.325−0.029%$170.2M$83.1M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.326−0.027%$3.8M$718K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.296−0.073%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0057%8h65.339−0.007%$29K$1K5xas long as short
Variational Omni XAG+0.0060%4h65.414+0.107%$5.5M$9.4Mas long as short
RISEx XAG/USDCshort+0.0061%1h65.360+0.025%$1.3M$4.9M20x
Phoenix SILVER+0.0061%1h65.377+0.051%$56K$31K25xas long as short
MEXC SILVER_USDT+0.0074%4h65.350+0.009%$115.3M$157.2M1000xas long as short
Binance XAGUSDT+0.0074%4h65.350+0.009%$189.9M$763.7M100xas long as short
Kalshi KXSILVERPERP+0.0077%24h65.368+0.037%$483K$30.6M8.1xas long as short
Aevo XAG-PERP+0.0080%1h65.351+0.011%$47K10xas long as short
edgeX XAGUSDC+0.0095%4h65.402+0.089%$666K$312K30xas long as short
Pacifica XAG+0.0100%1h65.291−0.081%$466K$624K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.330−0.021%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.370+0.040%$112K$19K50xas long as short
Lighter XAG+0.0112%1h65.347+0.004%$5.4M$11.4M25xas long as short
GRVT XAG_USDT_Perp+0.0116%4h65.409+0.100%$397K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.380+0.055%$1.6M$1.4M20xas long as short
Nado XAG-PERP+0.0120%1h65.321−0.035%$1.2M$5.5M10xas long as short
Bullet SILVER-USD+0.0163%1h65.361+0.026%$43K$76K10xas long as short
Bitget XAGUSDT+0.0186%4h65.360+0.025%$23.8M$46.6M100xas long as short
OKX XAG-USDT-SWAP+0.0189%8h65.370+0.040%$27.9M$71.3M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.340−0.006%$65K$375K20xas long as short
Aftermath Perps XAGUSD+0.0215%1h65.355+0.016%$79K$37K10xas long as short
BloFin XAG-USDT+0.0299%4h65.410+0.101%$2.6M$610K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0318% / S −0.0301%1h65.345+0.002%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.329−0.022%$915K$746K25xas long as short