XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h +0.018%

Price spread now: Lighter against Pacifica+0.008%7-day average +0.043% · you sell dearer than you buy

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

Long on Pacifica Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.130%+$13 on $10k

Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.008%, 7d avg +0.043%

Together, before fees+0.192%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.035% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.043%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.130%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XAG	66.031	0.0100	pay 0.0013% / 1h	8m 57s	$472K	$645K	10x
Short	Lighter XAG	66.036	0.0032	get 0.0004% / 1h	8m 57s	$5.1M	$11.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. 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 PacificabpFee LighterbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$14.28
Price spread: +0.008% → +0.043%: −$3.48
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$25.76
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 15 min ago; Lighter: live order book, 10 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 Pacifica live order book, 15 min ago	0.38 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 10 min ago	0.46 bp	0.5 bp $0	1.3 bp −$13	11.6 bp −$1,164	40.8 bp −$20.4K

XAG on 42 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
Nado XAG-PERP	−0.0001%	1h	66.040	+0.014%	$1.3M	$6.5M	10x	as long as short
dYdX XAG-USD	0.0000%	1h	65.992	−0.059%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.980	−0.077%	$25.7M	$36.4M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	65.970	−0.093%	$147.2M	$185.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.040	+0.013%	$2K	$3.4M	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	0.0000%	1h	66.060	+0.044%	$76K	$361K	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.020	−0.017%	$1.0M	$1.2M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.010	−0.032%	$1.5M	$249K	100x	as long as short
Bullet SILVER-USD	+0.0004%	1h	66.057	+0.039%	$44K	$74K	10x	as long as short
Aftermath Perps XAGUSD	+0.0014%	1h	66.009	−0.034%	$80K	$40K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XAGshort	+0.0032%	1h	66.036	+0.008%	$5.1M	$11.5M	25x
Lighter RH XAG	+0.0032%	1h	66.031	0.000%	$4.4M	$9.9M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.034	+0.005%	$5.3M	$14.8M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.559%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.040	+0.013%	$790K	$2.8M	40x	as long as short
BloFin XAG-USDT	+0.0041%	4h	66.020	−0.017%	$2.6M	$1.2M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.511	+0.727%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.014	−0.026%	$164.5M	$94.7M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.012	−0.029%	$3.9M	$743K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.016	−0.023%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.990	−0.062%	$5.4M	$9.8M	25x	as long as short
Kalshi KXSILVERPERP	+0.0055%	24h	66.000	−0.047%	$638K	$21.8M	8.1x	as long as short
Aster XAGUSDT	+0.0055%	4h	66.035	+0.006%	$2.8M	$1.1M	100x	as long as short
Bitget XAGUSDT	+0.0070%	4h	66.010	−0.032%	$23.7M	$52.5M	100x	as long as short
Phoenix SILVER	+0.0073%	1h	66.027	−0.006%	$56K	$26K	25x	as long as short
QFEX SILVER-USD	+0.0080%	1h	66.040	+0.013%	$143K	$2.8M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0092%	4h	66.058	+0.040%	$390K	$1.6M	25x	as long as short
Binance XAGUSDT	+0.0098%	4h	66.012	−0.029%	$190.3M	$797.7M	100x	as long as short
Pacifica XAGlong	+0.0100%	1h	66.031	long leg	$472K	$645K	10x
KuCoin XAGUSDTM	+0.0100%	4h	65.990	−0.062%	$24.2M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.050	+0.029%	$112K	$85K	50x	as long as short
MEXC SILVER_USDT	+0.0102%	4h	65.990	−0.062%	$122.9M	$192.5M	1000x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.052	+0.031%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0107%	4h	66.053	+0.034%	$5.3M	$11.4M	—	as long as short
Paradex XAG-USD-PERP	+0.0108%	8h	66.058	+0.041%	$30K	$1K	5x	as long as short
edgeX XAGUSDC	+0.0126%	4h	66.054	+0.035%	$670K	$314K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0159%	8h	65.960	−0.108%	$27.4M	$69.8M	50x	as long as short
Hotstuff SILVER-PERP	+0.0160%	1h	66.017	−0.021%	$35K	$21K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.000	−0.047%	$1.9M	$1.2M	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0391% / S −0.0418%	1h	66.055	+0.036%	$102K	—	29x	as long as short
RISEx XAG/USDC	+0.0432%	1h	66.054	+0.035%	$1.3M	$4.4M	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0615%	1h	66.007	−0.036%	$775K	$616K	25x	as long as short