Funding you earn now, next payment 10:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.010%
Price spread now: tradeXYZ against Lighter RH−0.072%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.225% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.072%, 7d avg −0.024%
=Together, before fees+0.134%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.048% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.024%). If the spread goes back, that is −$5 on $10k: about 45 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.072% in total) that is about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XAG | 65.575 | 0.0032 | pay 0.0004% / 1h | 1m 51s | $4.5M | $9.8M | 25x |
| Short | tradeXYZ xyz:SILVER | 65.528 | 0.0118 | get 0.0015% / 1h | 1m 51s | $174.4M | $93.8M | 25x |
Lighter RH XAG
tradeXYZ xyz:SILVERFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $18.11
- Price spread: −0.072% → −0.024%
- −$4.85
- Slippage, 4 orders
- −$4.55
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$9.29
- Costs to cover
- 0.225%
- Break-even
- 10.6 days
Slippage from Lighter RH: live order book, 5 min ago; tradeXYZ: live order book, 11 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 | 1.60 bp | 1.9 bp −$2 | 3.7 bp −$37 | 23.0 bp −$2,298 | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.15 bp | 9.4 bp −$9 | 9.6 bp −$96 | doesn't fit | doesn't fit |
XAG on 44 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −0.7240% | 1h | 65.679 | +0.158% | $36K | $23K | 20x | as long as short |
| Injective XAG/USDC PERP | −0.0220% | 1h | 64.602 | −1.484% | $11K | $240 | 52x | as long as short |
| Ondo Perps XAG-USD.P | −0.0008% | 1h | 65.490 | −0.130% | $5.7M | $10.8M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.697 | +0.185% | $13K | $8K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.580 | +0.007% | $138.7M | $204.4M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.590 | +0.022% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.680 | +0.160% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.580 | +0.007% | $1.5M | $253K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.512 | −0.096% | $118K | — | 250x | as long as short |
| Lighter RH XAGlong | +0.0032% | 1h | 65.575 | long leg | $4.5M | $9.8M | 25x |
Hotstuff SILVER-PERP
Injective XAG/USDC PERP
Ondo Perps XAG-USD.P
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USDShow all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.502 | −0.112% | $5.1M | $11.8M | 10x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.580 | +0.007% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.039 | +0.707% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.556 | −0.030% | $3.8M | $894K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.512 | −0.097% | $3K | $6K | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0055% | 1h | 65.540 | −0.054% | $77K | $411K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0058% | 8h | 65.626 | +0.077% | $29K | $166 | 5x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 65.580 | +0.007% | $445K | $1.4M | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0088% | 1h | 65.690 | +0.175% | $1.6M | $1.9M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0098% | 24h | 65.648 | +0.111% | $708K | $38.6M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.651 | +0.116% | $467K | $572K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.550 | −0.039% | $25.4M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.620 | +0.068% | $112K | $19K | 50x | as long as short |
| Variational Omni XAG | +0.0104% | 4h | 65.650 | +0.113% | $5.7M | $9.2M | — | as long as short |
| Phoenix SILVER | +0.0110% | 1h | 65.625 | +0.076% | $55K | $13K | 25x | as long as short |
| tradeXYZ xyz:SILVERshort | +0.0118% | 1h | 65.528 | −0.072% | $174.4M | $93.8M | 25x | |
| Binance XAGUSDT | +0.0127% | 4h | 65.586 | +0.016% | $193.2M | $859.6M | 100x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 65.570 | −0.008% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0130% | 4h | 65.560 | −0.023% | $120.5M | $169.4M | 1000x | as long as short |
| Aster XAGUSDT | +0.0130% | 4h | 65.590 | +0.022% | $2.7M | $1.1M | 100x | as long as short |
| edgeX XAGUSDC | +0.0138% | 4h | 65.677 | +0.155% | $669K | $314K | 30x | as long as short |
| Nado XAG-PERP | +0.0172% | 1h | 65.578 | +0.005% | $1.2M | $3.7M | 10x | as long as short |
| Bybit XAGUSDT | +0.0177% | 4h | 65.620 | +0.068% | $30.4M | $47.9M | 150x | as long as short |
| GRVT XAG_USDT_Perp | +0.0182% | 4h | 65.613 | +0.057% | $396K | $1.5M | 25x | as long as short |
| Lighter XAG | +0.0192% | 1h | 65.567 | −0.012% | $5.1M | $12.0M | 25x | as long as short |
| RISEx XAG/USDC | +0.0206% | 1h | 65.618 | +0.065% | $1.2M | $4.9M | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0216% | 8h | 65.620 | +0.068% | $28.0M | $85.4M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0225% | 1h | 65.567 | −0.013% | $79K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0252% | 4h | 65.610 | +0.053% | $23.2M | $52.5M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0256% | 1h | 65.502 | −0.112% | $21K | $12K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0266% / S −0.0233% | 1h | 65.575 | −0.001% | $93K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0273% | 1h | 65.585 | +0.015% | $44K | $74K | 10x | as long as short |
| BloFin XAG-USDT | +0.0372% | 4h | 65.730 | +0.236% | $2.7M | $762K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0773% | 1h | 65.564 | −0.017% | $1.0M | $943K | 25x | as long as short |
Extended XAG-USD
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Paradex XAG-USD-PERP
QFEX SILVER-USD
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Phoenix SILVER
Binance XAGUSDT
Aevo XAG-PERP
MEXC SILVER_USDT
Aster XAGUSDT
edgeX XAGUSDC
Nado XAG-PERP
Bybit XAGUSDT
GRVT XAG_USDT_Perp
Lighter XAG
RISEx XAG/USDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
BloFin XAG-USDT
Kraken Futures PF_XAGUSD