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−0.0150%/8h= −16.4% APRpaid last 24h −0.036%
Price spread now: Lighter RH against OKX−0.024%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$150.151% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 7 days−0.018%−$2 · spread now −0.024%, 7d avg −0.049%
Together, before fees−0.027%+ Points / potential airdropLighter RH: Points live · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.024% dearer against OKX than usual: you sell high and buy low (spread −0.024% now, against its 7-day average of −0.049%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.009% in total) that is about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XAG-USDT-SWAP65.3700.0182pay 0.0182% / 8h1h 18m$28.0M$71.0M50x
ShortLighter RH XAG65.3540.0032get 0.0004% / 1h18m 15s$4.6M$9.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against OKX. 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
−$31.41
Price spread: −0.024% → −0.049%
$2.42
Slippage, 4 orders
−$5.1
Fee OKX: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$44.09
Costs to cover
0.151%
Break-even
never at this rate
Slippage from OKX: live order book, 6 min ago; Lighter RH: live order book, 6 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 OKX live order book, 6 min ago0.76 bp5.8 bp −$66.0 bp −$6011.3 bp −$1,12990.5 bp −$45.2K
Sell Lighter RH live order book, 6 min ago1.21 bp1.4 bp −$12.3 bp −$2314.1 bp −$1,406doesn'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−0.0144%1h65.301−0.106%$20K$19K10xas long as short
Ondo Perps XAG-USD.P−0.0080%1h65.240−0.199%$5.6M$9.7M25xas long as short
Hotstuff SILVER-PERP−0.0008%1h65.330−0.061%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.253−0.179%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.3700.000%$27.8M$39.9M150xas long as short
SunX XAG-USDT0.0000%4h65.380+0.015%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.410+0.061%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.390+0.031%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.296−0.113%$118K250xas long as short
Gate XAG_USDT+0.0024%4h65.3700.000%$141.1M$183.1M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XAG+0.0028%4h65.404+0.051%$5.5M$9.4Mas long as short
Lighter RH XAGshort+0.0032%1h65.354−0.024%$4.6M$9.8M25x
Extended XAG-USD+0.0032%1h65.296−0.113%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.576%$11K$94K52xas long as short
Aster XAGUSDT+0.0034%4h65.360−0.015%$2.7M$975K100xas long as short
StandX XAG-USD+0.0040%1h65.350−0.031%$786K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h65.766+0.606%25xas long as short
QFEX SILVER-USD+0.0050%1h65.340−0.046%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.322−0.073%$170.3M$83.6M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.321−0.075%$3.8M$856K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.295−0.115%$3K$6K20xas long as short
MEXC SILVER_USDT+0.0052%4h65.360−0.015%$116.5M$157.6M1000xas long as short
Binance XAGUSDT+0.0053%4h65.366−0.006%$191.0M$766.4M100xas long as short
Paradex XAG-USD-PERP+0.0055%8h65.337−0.051%$29K$1K5xas long as short
RISEx XAG/USDC+0.0061%1h65.362−0.012%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.371+0.002%$56K$31K25xas long as short
Aevo XAG-PERP+0.0064%1h65.345−0.038%$47K10xas long as short
edgeX XAGUSDC+0.0073%4h65.369−0.002%$665K$313K30xas long as short
Kalshi KXSILVERPERP+0.0078%24h65.331−0.060%$507K$31.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.301−0.105%$469K$628K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.330−0.061%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.360−0.015%$112K$19K50xas long as short
GRVT XAG_USDT_Perp+0.0116%4h65.408+0.058%$385K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.290−0.122%$1.6M$1.4M20xas long as short
Nado XAG-PERP+0.0133%1h65.307−0.096%$1.2M$5.2M10xas long as short
Lighter XAG+0.0144%1h65.358−0.019%$5.3M$11.5M25xas long as short
Bitget XAGUSDT+0.0170%4h65.3700.000%$23.7M$46.5M100xas long as short
OKX XAG-USDT-SWAPlong+0.0182%8h65.370long leg$28.0M$71.0M50x
Bullet SILVER-USD+0.0182%1h65.364−0.009%$44K$76K10xas long as short
BloFin XAG-USDT+0.0214%4h65.3700.000%$2.6M$600K100xas long as short
Aftermath Perps XAGUSD+0.0214%1h65.324−0.070%$79K$37K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0272% / S −0.0241%1h65.365−0.008%$93K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0362%1h65.350−0.031%$65K$380K20xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.331−0.060%$915K$746K25xas long as short