XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0127%/8h= +13.9% APRnext payment +$0.16 per $10,000 · paid last 24h +0.048%

Price spread now: Lighter against Ondo Perps+0.144%7-day average +0.131% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.214%+$21 on $10k

Price spread, last 7 days−0.157%−$16 · spread now +0.144%, 7d avg +0.131%

Together, before fees+0.057%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.131%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XAG-USD.P	65.610	0.0001	pay 0.0000% / 1h	8m 45s	$5.6M	$9.7M	25x
Short	Lighter XAG	65.704	0.0128	get 0.0016% / 1h	8m 45s	$5.4M	$11.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee LighterbpOrdersPrice spread, now +0.144%Rate

Funding earned: $26.71
Price spread: +0.144% → +0.131%: $1.25
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $22.97
Costs to cover: 0.050%
Break-even: 1.0 days

Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 5 min ago. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Lighter live order book, 5 min ago	0.47 bp	0.8 bp −$1	1.6 bp −$16	10.5 bp −$1,049	24.5 bp −$12.3K

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
dYdX XAG-USD	0.0000%	1h	65.642	+0.049%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.710	+0.152%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.720	+0.168%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.680	+0.107%	$1.5M	$280K	100x	as long as short
Ondo Perps XAG-USD.Plong	+0.0001%	1h	65.610	long leg	$5.6M	$9.7M	25x
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.675	+0.099%	$119K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	65.716	+0.162%	$1.2M	$4.9M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	65.701	+0.139%	$4.7M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.658	+0.073%	$5.2M	$11.7M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.204%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SILVER	+0.0036%	1h	65.648	+0.058%	$56K	$26K	25x	as long as short
Gate XAG_USDT	+0.0040%	4h	65.730	+0.183%	$144.9M	$180.3M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.620	+0.015%	$789K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.136	+0.802%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.693	+0.127%	$3.9M	$710K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.647	+0.056%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.690	+0.122%	$157K	$2.8M	20x	as long as short
Hibachi XAG/USDT-P	+0.0056%	1h	65.545	−0.099%	$20K	$19K	10x	as long as short
Paradex XAG-USD-PERP	+0.0063%	8h	65.691	+0.124%	$29K	$1K	5x	as long as short
Kalshi KXSILVERPERP	+0.0076%	24h	65.695	+0.130%	$449K	$28.9M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0079%	1h	65.678	+0.104%	$171.2M	$82.2M	25x	as long as short
Aster XAGUSDT	+0.0083%	4h	65.700	+0.137%	$2.7M	$944K	100x	as long as short
Pacifica XAG	+0.0100%	1h	65.660	+0.076%	$469K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.690	+0.122%	$24.7M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.580	−0.046%	$112K	$23K	50x	as long as short
Bybit XAGUSDT	+0.0118%	4h	65.730	+0.183%	$28.8M	$39.2M	150x	as long as short
Variational Omni XAG	+0.0127%	4h	65.584	−0.040%	$5.5M	$9.5M	—	as long as short
Lighter XAGshort	+0.0128%	1h	65.704	+0.144%	$5.4M	$11.4M	25x
Binance XAGUSDT	+0.0135%	4h	65.709	+0.150%	$189.5M	$745.3M	100x	as long as short
MEXC SILVER_USDT	+0.0136%	4h	65.700	+0.137%	$124.1M	$161.8M	1000x	as long as short
Aevo XAG-PERP	+0.0136%	1h	65.709	+0.150%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0147%	4h	65.560	−0.076%	$667K	$312K	30x	as long as short
Nado XAG-PERP	+0.0154%	1h	65.655	+0.068%	$1.3M	$5.5M	10x	as long as short
Hotstuff SILVER-PERP	+0.0160%	1h	65.698	+0.134%	$35K	$21K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.530	−0.122%	$1.6M	$1.3M	20x	as long as short
Aftermath Perps XAGUSD	+0.0207%	1h	65.502	−0.165%	$79K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.710	+0.152%	$66K	$368K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0208%	4h	65.644	+0.052%	$398K	$1.5M	25x	as long as short
Bitget XAGUSDT	+0.0214%	4h	65.720	+0.168%	$24.0M	$46.3M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0215%	8h	65.720	+0.168%	$27.9M	$70.2M	50x	as long as short
Bullet SILVER-USD	+0.0243%	1h	65.726	+0.177%	$44K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0366% / S −0.0361%	1h	65.725	+0.175%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0377%	4h	65.680	+0.107%	$2.6M	$622K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0469%	1h	65.690	+0.122%	$916K	$735K	25x	as long as short