XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.021%

Price spread now: Lighter against tradeXYZ+0.060%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on tradeXYZ Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 7 days+0.007%+$1 · spread now +0.060%, 7d avg +0.042%

Together, before fees+0.074%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SILVER	66.312	0.0099	pay 0.0012% / 1h	13m 55s	$165.9M	$76.2M	25x
Short	Lighter XAG	66.352	0.0192	get 0.0024% / 1h	13m 55s	$5.3M	$10.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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 tradeXYZbpFee LighterbpOrdersPrice spread, now +0.060%Rate

Funding earned: $19.48
Price spread: +0.060% → +0.042%: $1.82
Slippage, 4 orders: −$5.12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Lighter: 0 bp × 2 orders: $0
Net: −$1.81
Costs to cover: 0.231%
Break-even: 7.7 days

Slippage from tradeXYZ: live order book, 6 min ago; Lighter: 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 tradeXYZ live order book, 6 min ago	0.75 bp	11.0 bp −$11	11.3 bp −$113	13.0 bp −$1,301	doesn't fit
Sell Lighter live order book, 4 min ago	1.14 bp	1.2 bp −$1	1.3 bp −$13	6.1 bp −$608	17.9 bp −$8,970

XAG on 43 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	66.296	−0.024%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.360	+0.072%	$153.2M	$164.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.360	+0.072%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.400	+0.133%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.410	+0.148%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.299	−0.019%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.366	+0.081%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.286	−0.039%	$5.4M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.133%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.410	+0.148%	$799K	$2.9M	40x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.793	+0.725%	—	—	25x	as long as short
Ondo Perps XAG-USD.P	+0.0048%	1h	66.230	−0.124%	$5.7M	$9.6M	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.402	+0.136%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.308	−0.006%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.304	−0.012%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.330	+0.027%	$115K	$2.7M	20x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	66.305	−0.011%	$35K	$21K	20x	as long as short
Kalshi KXSILVERPERP	+0.0062%	24h	66.342	+0.045%	$609K	$23.8M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.337	+0.037%	$1.2M	$4.4M	20x	as long as short
tradeXYZ xyz:SILVERlong	+0.0099%	1h	66.312	long leg	$165.9M	$76.2M	25x
Pacifica XAG	+0.0100%	1h	66.284	−0.042%	$472K	$606K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.320	+0.012%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.380	+0.103%	$126K	$23K	50x	as long as short
Aster XAGUSDT	+0.0133%	4h	66.350	+0.057%	$2.7M	$942K	100x	as long as short
Bybit XAGUSDT	+0.0135%	4h	66.370	+0.087%	$26.6M	$36.4M	150x	as long as short
Paradex XAG-USD-PERP	+0.0136%	8h	66.330	+0.028%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0166%	4h	66.373	+0.092%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.358	+0.070%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0180%	4h	66.350	+0.057%	$102.7M	$158.6M	1000x	as long as short
Binance XAGUSDT	+0.0181%	4h	66.359	+0.071%	$192.2M	$706.4M	100x	as long as short
edgeX XAGUSDC	+0.0184%	4h	66.421	+0.165%	$674K	$315K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.410	+0.148%	$1.9M	$971K	20x	as long as short
Lighter XAGshort	+0.0192%	1h	66.352	+0.060%	$5.3M	$10.6M	25x
OKX XAG-USDT-SWAP	+0.0211%	8h	66.360	+0.072%	$28.0M	$65.7M	50x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.320	+0.012%	$20K	$22K	10x	as long as short
Nado XAG-PERP	+0.0225%	1h	66.283	−0.043%	$1.3M	$6.5M	10x	as long as short
Aftermath Perps XAGUSD	+0.0235%	1h	66.331	+0.029%	$80K	$38K	10x	as long as short
Bitget XAGUSDT	+0.0248%	4h	66.360	+0.072%	$23.9M	$46.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0266%	4h	66.450	+0.208%	$395K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0288%	1h	66.377	+0.098%	$46K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.375	+0.095%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0463%	1h	66.323	+0.017%	$765K	$478K	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0504%	1h	66.370	+0.087%	$50K	$325K	20x	as long as short