XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0113%/8h= −12.4% APRnext payment −$0.14 per $10,000 · paid last 24h −0.005%

Price spread now: RISEx against Lighter+0.072%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$5as in the Price arb table

costs, in and out, $10k−$100.096% of the position

Long on Lighter Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 7 days−0.098%−$10 · spread now +0.072%, 7d avg +0.023%

Together, before fees−0.098%+ Points / potential airdropLighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.049% dearer against Lighter than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.023%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XAG	66.375	0.0192	pay 0.0024% / 1h	14m 48s	$5.3M	$10.6M	25x
Short	RISEx XAG/USDC	66.423	0.0079	get 0.0010% / 1h	14m 48s	$1.2M	$4.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Lighter. 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 LighterbpFee RISExbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$23.83
Price spread: +0.072% → +0.023%: $4.93
Slippage, 4 orders: −$3.62
Fee Lighter: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$28.52
Costs to cover: 0.096%
Break-even: never at this rate

Slippage from Lighter: live order book, 4 min ago; RISEx: 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 Lighter live order book, 4 min ago	1.14 bp	1.2 bp −$1	3.9 bp −$39	9.1 bp −$909	20.9 bp −$10.4K
Sell RISEx live order book, 4 min ago	0.01 bp	4.2 bp −$4	5.4 bp −$54	doesn't fit	doesn't fit

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	66.355	−0.030%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.360	−0.023%	$153.2M	$164.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.390	+0.022%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.440	+0.098%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.430	+0.083%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.319	−0.085%	$120K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0008%	1h	66.383	+0.012%	$35K	$21K	20x	as long as short
Lighter RH XAG	+0.0032%	1h	66.353	−0.033%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.290	−0.128%	$5.4M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.038%	$11K	$94K	52x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.410	+0.053%	$799K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.832	+0.688%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.402	+0.041%	$56K	$26K	25x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.300	−0.113%	$5.7M	$9.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.370	−0.008%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.307	−0.103%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.400	+0.038%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0062%	24h	66.363	−0.018%	$541K	$23.7M	8.1x	as long as short
RISEx XAG/USDCshort	+0.0079%	1h	66.423	+0.072%	$1.2M	$4.4M	20x
tradeXYZ xyz:SILVER	+0.0099%	1h	66.301	−0.112%	$165.8M	$76.1M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.366	−0.014%	$472K	$606K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.330	−0.068%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.380	+0.007%	$126K	$23K	50x	as long as short
Aster XAGUSDT	+0.0133%	4h	66.350	−0.038%	$2.7M	$942K	100x	as long as short
Bybit XAGUSDT	+0.0134%	4h	66.360	−0.023%	$26.6M	$36.4M	150x	as long as short
Paradex XAG-USD-PERP	+0.0136%	8h	66.410	+0.052%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0166%	4h	66.373	−0.004%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0168%	1h	66.379	+0.006%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0178%	4h	66.350	−0.038%	$102.7M	$158.6M	1000x	as long as short
Binance XAGUSDT	+0.0180%	4h	66.350	−0.038%	$192.2M	$706.4M	100x	as long as short
edgeX XAGUSDC	+0.0184%	4h	66.421	+0.069%	$674K	$315K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.410	+0.053%	$1.9M	$971K	20x	as long as short
Lighter XAGlong	+0.0192%	1h	66.375	long leg	$5.3M	$10.6M	25x
OKX XAG-USDT-SWAP	+0.0211%	8h	66.360	−0.023%	$28.0M	$65.7M	50x	as long as short
Nado XAG-PERP	+0.0224%	1h	66.371	−0.007%	$1.3M	$6.5M	10x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.365	−0.016%	$20K	$22K	10x	as long as short
Aftermath Perps XAGUSD	+0.0233%	1h	66.385	+0.015%	$80K	$38K	10x	as long as short
Bitget XAGUSDT	+0.0248%	4h	66.350	−0.038%	$23.9M	$46.1M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0266%	4h	66.450	+0.113%	$395K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0288%	1h	66.407	+0.049%	$46K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.405	+0.045%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.360	−0.023%	$50K	$325K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.360	−0.022%	$765K	$478K	25x	as long as short