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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XAG-USDT-SWAP | 65.370 | 0.0182 | pay 0.0182% / 8h | 1h 18m | $28.0M | $71.0M | 50x |
| Short | Lighter RH XAG | 65.354 | 0.0032 | get 0.0004% / 1h | 18m 15s | $4.6M | $9.8M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 6 min ago | 0.76 bp | 5.8 bp −$6 | 6.0 bp −$60 | 11.3 bp −$1,129 | 90.5 bp −$45.2K |
| Sell Lighter RH live order book, 6 min ago | 1.21 bp | 1.4 bp −$1 | 2.3 bp −$23 | 14.1 bp −$1,406 | 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 | −0.0144% | 1h | 65.301 | −0.106% | $20K | $19K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0080% | 1h | 65.240 | −0.199% | $5.6M | $9.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0008% | 1h | 65.330 | −0.061% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.253 | −0.179% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.370 | 0.000% | $27.8M | $39.9M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.380 | +0.015% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.410 | +0.061% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.390 | +0.031% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.296 | −0.113% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0024% | 4h | 65.370 | 0.000% | $141.1M | $183.1M | 100x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XAG | +0.0028% | 4h | 65.404 | +0.051% | $5.5M | $9.4M | — | as long as short |
| Lighter RH XAGshort | +0.0032% | 1h | 65.354 | −0.024% | $4.6M | $9.8M | 25x | |
| Extended XAG-USD | +0.0032% | 1h | 65.296 | −0.113% | $5.1M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.576% | $11K | $94K | 52x | as long as short |
| Aster XAGUSDT | +0.0034% | 4h | 65.360 | −0.015% | $2.7M | $975K | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.350 | −0.031% | $786K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.766 | +0.606% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.340 | −0.046% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.322 | −0.073% | $170.3M | $83.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.321 | −0.075% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.295 | −0.115% | $3K | $6K | 20x | as long as short |
| MEXC SILVER_USDT | +0.0052% | 4h | 65.360 | −0.015% | $116.5M | $157.6M | 1000x | as long as short |
| Binance XAGUSDT | +0.0053% | 4h | 65.366 | −0.006% | $191.0M | $766.4M | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0055% | 8h | 65.337 | −0.051% | $29K | $1K | 5x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.362 | −0.012% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.371 | +0.002% | $56K | $31K | 25x | as long as short |
| Aevo XAG-PERP | +0.0064% | 1h | 65.345 | −0.038% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0073% | 4h | 65.369 | −0.002% | $665K | $313K | 30x | as long as short |
| Kalshi KXSILVERPERP | +0.0078% | 24h | 65.331 | −0.060% | $507K | $31.2M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.301 | −0.105% | $469K | $628K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.330 | −0.061% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.360 | −0.015% | $112K | $19K | 50x | as long as short |
| GRVT XAG_USDT_Perp | +0.0116% | 4h | 65.408 | +0.058% | $385K | $1.6M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.290 | −0.122% | $1.6M | $1.4M | 20x | as long as short |
| Nado XAG-PERP | +0.0133% | 1h | 65.307 | −0.096% | $1.2M | $5.2M | 10x | as long as short |
| Lighter XAG | +0.0144% | 1h | 65.358 | −0.019% | $5.3M | $11.5M | 25x | as long as short |
| Bitget XAGUSDT | +0.0170% | 4h | 65.370 | 0.000% | $23.7M | $46.5M | 100x | as long as short |
| OKX XAG-USDT-SWAPlong | +0.0182% | 8h | 65.370 | long leg | $28.0M | $71.0M | 50x | |
| Bullet SILVER-USD | +0.0182% | 1h | 65.364 | −0.009% | $44K | $76K | 10x | as long as short |
| BloFin XAG-USDT | +0.0214% | 4h | 65.370 | 0.000% | $2.6M | $600K | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0214% | 1h | 65.324 | −0.070% | $79K | $37K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0272% / S −0.0241% | 1h | 65.365 | −0.008% | $93K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0362% | 1h | 65.350 | −0.031% | $65K | $380K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0493% | 1h | 65.331 | −0.060% | $915K | $746K | 25x | as long as short |
OKX XAG-USDT-SWAP
Lighter RH XAG
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Variational Omni XAG
Extended XAG-USD
Injective XAG/USDC PERP
Aster XAGUSDT
StandX XAG-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
MEXC SILVER_USDT
Binance XAGUSDT
Paradex XAG-USD-PERP
RISEx XAG/USDC
Phoenix SILVER
edgeX XAGUSDC
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Lighter XAG
Bitget XAGUSDT
Bullet SILVER-USD
BloFin XAG-USDT
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD