Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.14 per $10,000 · paid last 24h −0.031%
Price spread now: Lighter RH against Lighter+0.022%7-day average −0.017% · 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−$2as in the Price arb table
costs, in and out, $10k−$60.061% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now +0.022%, 7d avg −0.017%
=Together, before fees−0.165%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.039% dearer against Lighter than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.017%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XAG | 65.373 | 0.0144 | pay 0.0018% / 1h | 57m 36s | $5.3M | $11.1M | 25x |
| Short | Lighter RH XAG | 65.387 | 0.0032 | get 0.0004% / 1h | 57m 36s | $4.6M | $9.7M | 25x |
Lighter XAG
Lighter RH XAGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Lighter. 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
- −$23.52
- Price spread: +0.022% → −0.017%
- $3.91
- Slippage, 4 orders
- −$6.05
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$25.66
- Costs to cover
- 0.061%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; Lighter RH: live order book, 6 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 Lighter live order book, 6 min ago | 0.63 bp | 0.9 bp −$1 | 1.8 bp −$18 | 5.5 bp −$551 | 15.9 bp −$7,973 |
| Sell Lighter RH live order book, 6 min ago | 1.79 bp | 2.7 bp −$3 | 3.3 bp −$33 | 15.7 bp −$1,565 | 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 | 65.293 | −0.123% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.390 | +0.026% | $27.8M | $39.6M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.370 | −0.005% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.420 | +0.072% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.380 | +0.011% | $1.5M | $281K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.310 | −0.097% | $118K | — | 250x | as long as short |
| Ondo Perps XAG-USD.P | +0.0009% | 1h | 65.270 | −0.158% | $5.6M | $9.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0024% | 1h | 65.360 | −0.020% | $35K | $21K | 20x | as long as short |
| Variational Omni XAG | +0.0030% | 4h | 65.314 | −0.091% | $5.5M | $9.2M | — | as long as short |
| Lighter RH XAGshort | +0.0032% | 1h | 65.387 | +0.022% | $4.6M | $9.7M | 25x |
dYdX XAG-USD
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Ondo Perps XAG-USD.P
Hotstuff SILVER-PERP
Variational Omni XAGShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.319 | −0.083% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.571% | $11K | $94K | 52x | as long as short |
| Gate XAG_USDT | +0.0034% | 4h | 65.410 | +0.056% | $141.4M | $176.1M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.330 | −0.066% | $786K | $2.9M | 40x | as long as short |
| Aster XAGUSDT | +0.0042% | 4h | 65.380 | +0.011% | $2.7M | $958K | 100x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.390 | +0.026% | $152K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.764 | +0.598% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.351 | −0.034% | $3.8M | $856K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.303 | −0.107% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0053% | 8h | 65.369 | −0.006% | $29K | $1K | 5x | as long as short |
| MEXC SILVER_USDT | +0.0054% | 4h | 65.380 | +0.011% | $116.9M | $155.9M | 1000x | as long as short |
| Binance XAGUSDT | +0.0055% | 4h | 65.390 | +0.026% | $191.6M | $762.9M | 100x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.274 | −0.152% | $56K | $30K | 25x | as long as short |
| edgeX XAGUSDC | +0.0066% | 4h | 65.316 | −0.088% | $665K | $315K | 30x | as long as short |
| tradeXYZ xyz:SILVER | +0.0071% | 1h | 65.338 | −0.054% | $170.6M | $83.2M | 25x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 65.365 | −0.012% | $47K | — | 10x | as long as short |
| Kalshi KXSILVERPERP | +0.0079% | 24h | 65.347 | −0.040% | $483K | $31.5M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 65.230 | −0.219% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.320 | −0.081% | $469K | $621K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.330 | −0.066% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.260 | −0.173% | $112K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.382 | +0.014% | $1.2M | $4.9M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0142% | 4h | 65.325 | −0.074% | $391K | $1.6M | 25x | as long as short |
| Lighter XAGlong | +0.0144% | 1h | 65.373 | long leg | $5.3M | $11.1M | 25x | |
| Hibachi XAG/USDT-P | +0.0152% | 1h | 65.288 | −0.130% | $20K | $18K | 10x | as long as short |
| Nado XAG-PERP | +0.0167% | 1h | 65.305 | −0.104% | $1.2M | $5.1M | 10x | as long as short |
| Bitget XAGUSDT | +0.0170% | 4h | 65.390 | +0.026% | $23.7M | $45.8M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0182% | 8h | 65.370 | −0.005% | $28.2M | $70.9M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.350 | −0.035% | $66K | $385K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0215% | 1h | 65.301 | −0.110% | $78K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0222% | 4h | 65.310 | −0.097% | $2.6M | $598K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.375 | +0.003% | $93K | — | 111x | as long as short |
| Bullet SILVER-USD | +0.0248% | 1h | 65.372 | −0.002% | $44K | $75K | 10x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0363% | 1h | 65.342 | −0.048% | $1.0M | $875K | 25x | as long as short |
Extended XAG-USD
Injective XAG/USDC PERP
Gate XAG_USDT
StandX XAG-USD
Aster XAGUSDT
QFEX SILVER-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
MEXC SILVER_USDT
Binance XAGUSDT
Phoenix SILVER
edgeX XAGUSDC
tradeXYZ xyz:SILVER
Aevo XAG-PERP
Kalshi KXSILVERPERP
Coinbase International SILVER-PERP-INTX
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
RISEx XAG/USDC
GRVT XAG_USDT_Perp
Hibachi XAG/USDT-P
Nado XAG-PERP
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Bullet SILVER-USD
Kraken Futures PF_XAGUSD