XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Lighter RH against StandX+0.030%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$190.187% of the position

Long on StandX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 7 days−0.053%−$5 · spread now +0.030%, 7d avg −0.042%

Together, before fees−0.061%+ Points / potential airdropStandX: Active · Lighter RH: Points live · farm board−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.072% dearer against StandX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	66.380	0.0040	pay 0.0005% / 1h	44m 25s	$794K	$2.7M	40x
Short	Lighter RH XAG	66.400	0.0032	get 0.0004% / 1h	44m 25s	$4.8M	$9.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against StandX. 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 StandXbpFee Lighter RHbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$1.68
Price spread: +0.030% → −0.042%: $7.19
Slippage, 4 orders: −$10.67
Fee StandX: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$13.17
Costs to cover: 0.187%
Break-even: never at this rate

Slippage from StandX: live order book, 4 min ago; Lighter RH: live order book, 4 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 StandX live order book, 4 min ago	3.01 bp	8.5 bp −$8	9.6 bp −$96	37.4 bp −$3,745	doesn't fit
Sell Lighter RH live order book, 4 min ago	1.59 bp	1.6 bp −$2	2.2 bp −$22	16.3 bp −$1,628	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
dYdX XAG-USD	0.0000%	1h	66.370	−0.016%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.440	+0.090%	$25.7M	$33.4M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.440	+0.090%	$147.4M	$169.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.440	+0.090%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.470	+0.136%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.420	+0.060%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.380	+0.001%	$120K	—	250x	as long as short
Lighter RH XAGshort	+0.0032%	1h	66.400	+0.030%	$4.8M	$9.6M	25x
Extended XAG-USD	+0.0032%	1h	66.349	−0.046%	$5.5M	$12.3M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.030%	$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	66.397	+0.026%	$56K	$26K	25x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.374	−0.009%	$35K	$21K	20x	as long as short
StandX XAG-USDlong	+0.0040%	1h	66.380	long leg	$794K	$2.7M	40x
Vest SI-PERP	+0.0046%	1h	66.878	+0.750%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.410	+0.045%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.353	−0.041%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.320	−0.090%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.407	+0.041%	$589K	$21.3M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.430	+0.075%	$124K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0068%	1h	66.409	+0.044%	$165.5M	$87.5M	25x	as long as short
Variational Omni XAG	+0.0088%	4h	66.467	+0.131%	$5.6M	$10.3M	—	as long as short
Aster XAGUSDT	+0.0089%	4h	66.420	+0.060%	$2.8M	$1.1M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.354	−0.039%	$475K	$625K	10x	as long as short
MEXC SILVER_USDT	+0.0100%	4h	66.430	+0.075%	$114.3M	$152.9M	1000x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.390	+0.015%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.400	+0.030%	$126K	$26K	50x	as long as short
Binance XAGUSDT	+0.0100%	4h	66.449	+0.104%	$191.6M	$723.0M	100x	as long as short
Paradex XAG-USD-PERP	+0.0104%	8h	66.397	+0.025%	$30K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.420	+0.061%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0110%	4h	66.444	+0.097%	$674K	$315K	30x	as long as short
Lighter XAG	+0.0112%	1h	66.393	+0.020%	$5.2M	$10.3M	25x	as long as short
Bitget XAGUSDT	+0.0116%	4h	66.450	+0.105%	$24.2M	$48.0M	100x	as long as short
BloFin XAG-USDT	+0.0133%	4h	66.410	+0.045%	$2.6M	$650K	100x	as long as short
Aftermath Perps XAGUSD	+0.0147%	1h	66.417	+0.055%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0152%	4h	66.460	+0.121%	$395K	$1.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.460	+0.121%	$1.9M	$859K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0189%	8h	66.450	+0.105%	$27.6M	$66.3M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.424	+0.066%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0243%	1h	66.446	+0.099%	$46K	$75K	10x	as long as short
Nado XAG-PERP	+0.0256%	1h	66.392	+0.018%	$1.3M	$6.5M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0258% / S −0.0231%	1h	66.445	+0.098%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.409	+0.044%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.410	+0.045%	$51K	$360K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0596%	1h	66.394	+0.021%	$767K	$569K	25x	as long as short