Funding you earn now, next payment 05:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Lighter RH against Pacifica+0.068%7-day average +0.030% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.068%, 7d avg +0.030%
=Together, before fees−0.018%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.038% dearer against Pacifica than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.030%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 45 hours. At the pace of the last 7 days (−0.012% in total) that is about 23 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAG | 65.964 | 0.0100 | pay 0.0013% / 1h | 25m 50s | $470K | $608K | 10x |
| Short | Lighter RH XAG | 66.009 | 0.0032 | get 0.0004% / 1h | 25m 50s | $4.8M | $9.5M | 25x |
Pacifica XAG
Lighter RH XAGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Pacifica. 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
- −$14.28
- Price spread: +0.068% → +0.030%
- $3.84
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$18.44
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 28 min ago; Lighter RH: live order book, 3 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, 28 min ago | 0.08 bp | 4.3 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.84 bp | 2.0 bp −$2 | 2.3 bp −$23 | 17.6 bp −$1,758 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0052% | 1h | 65.900 | −0.097% | $5.7M | $9.3M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.934 | −0.046% | $14K | — | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.030 | +0.100% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.050 | +0.130% | $1.0M | $964K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.020 | +0.085% | $1.5M | $320K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.966 | +0.003% | $120K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0010% | 4h | 66.040 | +0.115% | $149.8M | $163.8M | 100x | as long as short |
| Lighter RH XAGshort | +0.0032% | 1h | 66.009 | +0.068% | $4.8M | $9.5M | 25x | |
| Extended XAG-USD | +0.0032% | 1h | 65.965 | +0.002% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.661% | $11K | $94K | 52x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Extended XAG-USD
Injective XAG/USDC PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.020 | +0.085% | $794K | $3.1M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.449 | +0.735% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.991 | +0.041% | $3.9M | $674K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.954 | −0.015% | $3K | $6K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0052% | 1h | 65.991 | +0.041% | $165.9M | $73.8M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.993 | +0.044% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0057% | 8h | 66.006 | +0.064% | $30K | $1K | 5x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 66.010 | +0.070% | $114K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.955 | −0.014% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0073% | 24h | 65.984 | +0.030% | $517K | $26.1M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 66.026 | +0.093% | $1.3M | $4.9M | 20x | as long as short |
| Pacifica XAGlong | +0.0100% | 1h | 65.964 | long leg | $470K | $608K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.980 | +0.024% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.970 | +0.009% | $113K | $30K | 50x | as long as short |
| Lighter XAG | +0.0104% | 1h | 66.013 | +0.074% | $5.2M | $10.7M | 25x | as long as short |
| Bybit XAGUSDT | +0.0127% | 4h | 66.040 | +0.115% | $27.7M | $36.6M | 150x | as long as short |
| Aster XAGUSDT | +0.0133% | 4h | 66.030 | +0.100% | $2.7M | $871K | 100x | as long as short |
| BloFin XAG-USDT | +0.0142% | 4h | 66.020 | +0.085% | $2.6M | $562K | 100x | as long as short |
| Nado XAG-PERP | +0.0171% | 1h | 65.987 | +0.035% | $1.4M | $5.8M | 10x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.014 | +0.076% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0178% | 4h | 66.013 | +0.074% | $5.6M | $9.4M | — | as long as short |
| MEXC SILVER_USDT | +0.0190% | 4h | 66.020 | +0.085% | $114.5M | $152.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0190% | 4h | 66.030 | +0.099% | $191.1M | $701.8M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0198% | 1h | 65.979 | +0.023% | $79K | $36K | 10x | as long as short |
| edgeX XAGUSDC | +0.0203% | 4h | 66.017 | +0.081% | $670K | $313K | 30x | as long as short |
| GRVT XAG_USDT_Perp | +0.0204% | 4h | 66.021 | +0.087% | $394K | $1.5M | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0205% | 1h | 66.000 | +0.055% | $75K | $363K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 65.950 | −0.021% | $1.8M | $1.0M | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0228% | 8h | 66.020 | +0.085% | $27.7M | $64.6M | 50x | as long as short |
| Bullet SILVER-USD | +0.0229% | 1h | 66.026 | +0.094% | $44K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0234% | 4h | 66.020 | +0.085% | $23.9M | $45.2M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 65.980 | +0.024% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0387% / S −0.0440% | 1h | 66.025 | +0.093% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0624% | 1h | 65.995 | +0.047% | $911K | $683K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
tradeXYZ xyz:SILVER
Hotstuff SILVER-PERP
Paradex XAG-USD-PERP
QFEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
RISEx XAG/USDC
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Bybit XAGUSDT
Aster XAGUSDT
BloFin XAG-USDT
Nado XAG-PERP
Aevo XAG-PERP
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
Aftermath Perps XAGUSD
edgeX XAGUSDC
GRVT XAG_USDT_Perp
Deribit SILVER_USDC-PERPETUAL
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bullet SILVER-USD
Bitget XAGUSDT
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD