XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.009%

Price spread now: Lighter RH against tradeXYZ+0.045%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$240.238% of the position

Long on tradeXYZ Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.070%−$7 on $10k

Price spread, last 7 days−0.031%−$3 · spread now +0.045%, 7d avg +0.024%

Together, before fees−0.102%+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm board−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.021% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of +0.024%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SILVER	65.264	0.0050	pay 0.0006% / 1h	32m 17s	$169.6M	$81.7M	25x
Short	Lighter RH XAG	65.293	0.0032	get 0.0004% / 1h	32m 17s	$4.6M	$9.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$3.78
Price spread: +0.045% → +0.024%: $2.13
Slippage, 4 orders: −$5.82
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$25.48
Costs to cover: 0.238%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 8 min ago; Lighter RH: live order book, 1 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, 8 min ago	0.08 bp	9.1 bp −$9	10.3 bp −$103	doesn't fit	doesn't fit
Sell Lighter RH live order book, 1 min ago	1.62 bp	2.8 bp −$3	3.8 bp −$38	16.4 bp −$1,642	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
Hotstuff SILVER-PERP	−0.0056%	1h	65.295	+0.047%	$35K	$21K	20x	as long as short
Ondo Perps XAG-USD.P	−0.0037%	1h	65.190	−0.113%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.242	−0.034%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.310	+0.070%	$27.8M	$39.4M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.300	+0.055%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.340	+0.116%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.320	+0.086%	$1.5M	$281K	100x	as long as short
Variational Omni XAG	0.0000%	4h	65.332	+0.105%	$5.5M	$9.1M	—	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.268	+0.007%	$118K	—	250x	as long as short
Aster XAGUSDT	+0.0024%	4h	65.300	+0.055%	$2.7M	$928K	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SILVER_USDT	+0.0026%	4h	65.300	+0.055%	$119.3M	$157.4M	1000x	as long as short
Binance XAGUSDT	+0.0026%	4h	65.299	+0.053%	$191.6M	$753.7M	100x	as long as short
Lighter RH XAGshort	+0.0032%	1h	65.293	+0.045%	$4.6M	$9.8M	25x
Extended XAG-USD	+0.0032%	1h	65.244	−0.031%	$5.0M	$11.6M	10x	as long as short
edgeX XAGUSDC	+0.0032%	4h	65.342	+0.119%	$665K	$313K	30x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.741%	$11K	$94K	52x	as long as short
Gate XAG_USDT	+0.0034%	4h	65.320	+0.086%	$140.7M	$178.3M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.330	+0.101%	$786K	$2.9M	40x	as long as short
Aevo XAG-PERP	+0.0040%	1h	65.290	+0.040%	$47K	—	10x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.300	+0.055%	$157K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.721	+0.700%	—	—	25x	as long as short
tradeXYZ xyz:SILVERlong	+0.0050%	1h	65.264	long leg	$169.6M	$81.7M	25x
Polymarket Perps SILVER-USD	+0.0050%	1h	65.276	+0.018%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.238	−0.040%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0052%	8h	65.291	+0.041%	$29K	$1K	5x	as long as short
Phoenix SILVER	+0.0061%	1h	65.316	+0.080%	$56K	$31K	25x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.256	−0.012%	$466K	$31.8M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.300	+0.055%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.253	−0.017%	$464K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.280	+0.025%	$25.3M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.310	+0.070%	$112K	$19K	50x	as long as short
BloFin XAG-USDT	+0.0107%	4h	65.350	+0.132%	$2.7M	$574K	100x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.325	+0.093%	$1.2M	$4.8M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0130%	4h	65.372	+0.165%	$384K	$1.6M	25x	as long as short
Bitget XAGUSDT	+0.0152%	4h	65.300	+0.055%	$23.2M	$44.7M	100x	as long as short
Nado XAG-PERP	+0.0159%	1h	65.275	+0.017%	$1.2M	$4.7M	10x	as long as short
Lighter XAG	+0.0160%	1h	65.297	+0.051%	$5.3M	$11.1M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0166%	8h	65.310	+0.070%	$28.2M	$69.8M	50x	as long as short
Aftermath Perps XAGUSD	+0.0183%	1h	65.299	+0.054%	$79K	$37K	10x	as long as short
Hibachi XAG/USDT-P	+0.0184%	1h	65.313	+0.075%	$20K	$17K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0210%	1h	65.280	+0.025%	$65K	$391K	20x	as long as short
Bullet SILVER-USD	+0.0220%	1h	65.314	+0.077%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.305	+0.063%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.267	+0.005%	$1.0M	$868K	25x	as long as short