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 − costs—under 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XAG | 65.344 | 0.0032 | pay 0.0004% / 1h | 38m 24s | $4.6M | $9.8M | 25x |
| Short | RISEx XAG/USDC | 65.360 | 0.0061 | get 0.0008% / 1h | 38m 24s | $1.3M | $4.9M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 5 min ago | 1.66 bp | 2.3 bp −$2 | 3.1 bp −$31 | 24.2 bp −$2,417 | doesn't fit |
| Sell RISEx live order book, 1 min ago | 1.20 bp | 4.2 bp −$4 | 4.7 bp −$47 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0128% | 1h | 65.358 | +0.022% | $20K | $20K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0075% | 1h | 65.240 | −0.159% | $5.6M | $9.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0024% | 1h | 65.329 | −0.023% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.295 | −0.074% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.370 | +0.040% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.390 | +0.071% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.380 | +0.055% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.289 | −0.083% | $118K | — | 250x | as long as short |
| Bybit XAGUSDT | +0.0015% | 4h | 65.370 | +0.040% | $28.4M | $39.7M | 150x | as long as short |
| Gate XAG_USDT | +0.0028% | 4h | 65.370 | +0.040% | $141.2M | $181.3M | 100x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAGlong | +0.0032% | 1h | 65.344 | long leg | $4.6M | $9.8M | 25x | |
| Extended XAG-USD | +0.0032% | 1h | 65.292 | −0.079% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.616% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.350 | +0.009% | $786K | $3.0M | 40x | as long as short |
| Aster XAGUSDT | +0.0045% | 4h | 65.355 | +0.017% | $2.7M | $973K | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.770 | +0.652% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.360 | +0.025% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.325 | −0.029% | $170.2M | $83.1M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.326 | −0.027% | $3.8M | $718K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.296 | −0.073% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0057% | 8h | 65.339 | −0.007% | $29K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0060% | 4h | 65.414 | +0.107% | $5.5M | $9.4M | — | as long as short |
| RISEx XAG/USDCshort | +0.0061% | 1h | 65.360 | +0.025% | $1.3M | $4.9M | 20x | |
| Phoenix SILVER | +0.0061% | 1h | 65.377 | +0.051% | $56K | $31K | 25x | as long as short |
| MEXC SILVER_USDT | +0.0074% | 4h | 65.350 | +0.009% | $115.3M | $157.2M | 1000x | as long as short |
| Binance XAGUSDT | +0.0074% | 4h | 65.350 | +0.009% | $189.9M | $763.7M | 100x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.368 | +0.037% | $483K | $30.6M | 8.1x | as long as short |
| Aevo XAG-PERP | +0.0080% | 1h | 65.351 | +0.011% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0095% | 4h | 65.402 | +0.089% | $666K | $312K | 30x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.291 | −0.081% | $466K | $624K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.330 | −0.021% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.370 | +0.040% | $112K | $19K | 50x | as long as short |
| Lighter XAG | +0.0112% | 1h | 65.347 | +0.004% | $5.4M | $11.4M | 25x | as long as short |
| GRVT XAG_USDT_Perp | +0.0116% | 4h | 65.409 | +0.100% | $397K | $1.6M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.380 | +0.055% | $1.6M | $1.4M | 20x | as long as short |
| Nado XAG-PERP | +0.0120% | 1h | 65.321 | −0.035% | $1.2M | $5.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0163% | 1h | 65.361 | +0.026% | $43K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0186% | 4h | 65.360 | +0.025% | $23.8M | $46.6M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0189% | 8h | 65.370 | +0.040% | $27.9M | $71.3M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.340 | −0.006% | $65K | $375K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0215% | 1h | 65.355 | +0.016% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0299% | 4h | 65.410 | +0.101% | $2.6M | $610K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0318% / S −0.0301% | 1h | 65.345 | +0.002% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0493% | 1h | 65.329 | −0.022% | $915K | $746K | 25x | as long as short |
Lighter RH XAG
RISEx XAG/USDC
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Bybit XAGUSDT
Gate XAG_USDT
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Aster XAGUSDT
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Variational Omni XAG
Phoenix SILVER
MEXC SILVER_USDT
Binance XAGUSDT
Kalshi KXSILVERPERP
edgeX XAGUSDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Bullet SILVER-USD
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD