Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Extended against Lighter RH−0.088%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$90.095% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 7 days+0.087%+$9 · spread now −0.088%, 7d avg −0.018%
Together, before fees+0.129%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board+$13 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: Extended is 0.070% cheaper against Lighter RH than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XAG66.0610.0032pay 0.0004% / 1h4m 45s$4.8M$9.6M25x
ShortExtended XAG-USD66.0030.0032get 0.0004% / 1h4m 45s$5.2M$11.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Lighter RH. 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

Funding earned
$0
Price spread: −0.088% → −0.018%
−$7.04
Slippage, 4 orders
−$4.46
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$16.5
Costs to cover
0.095%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Extended: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 4 min ago1.67 bp1.7 bp −$23.4 bp −$3423.0 bp −$2,299doesn't fit
Sell Extended live order book, 4 min ago0.08 bp2.6 bp −$34.2 bp −$4211.0 bp −$1,095doesn't fit

XAG on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0051%1h65.950−0.168%$5.7M$9.2M25xas long as short
dYdX XAG-USD0.0000%1h65.989−0.110%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.080+0.028%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.080+0.028%$1.1M$1.0M75xas long as short
Phemex XAGUSDT0.0000%4h66.070+0.013%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.999−0.094%$120K250xas long as short
Lighter RH XAGlong+0.0032%1h66.061long leg$4.8M$9.6M25x
Extended XAG-USDshort+0.0032%1h66.003−0.088%$5.2M$11.5M10x
Hotstuff SILVER-PERP+0.0032%1h66.027−0.052%$35K$21K20xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.513%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.060−0.002%$795K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.477+0.629%25xas long as short
Gate XAG_USDT+0.0046%4h66.080+0.028%$149.9M$164.4M100xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.027−0.052%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.997−0.097%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0056%8h66.044−0.025%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.050−0.017%$114K$2.7M20xas long as short
tradeXYZ xyz:SILVER+0.0060%1h66.034−0.041%$166.3M$73.9M25xas long as short
Phoenix SILVER+0.0073%1h65.995−0.100%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0074%24h66.028−0.050%$530K$26.7M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.062+0.001%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.997−0.097%$469K$604K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.030−0.047%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.990−0.108%$113K$30K50xas long as short
Bybit XAGUSDT+0.0112%4h66.090+0.044%$27.8M$36.5M150xas long as short
Lighter XAG+0.0120%1h66.063+0.003%$5.2M$10.9M25xas long as short
Aster XAGUSDT+0.0120%4h66.050−0.017%$2.7M$866K100xas long as short
Variational Omni XAG+0.0164%4h66.053−0.012%$5.7M$9.5Mas long as short
Aevo XAG-PERP+0.0168%1h66.053−0.012%$47K10xas long as short
MEXC SILVER_USDT+0.0174%4h66.060−0.002%$115.1M$152.9M1000xas long as short
Binance XAGUSDT+0.0174%4h66.076+0.022%$191.0M$703.2M100xas long as short
edgeX XAGUSDC+0.0182%4h66.013−0.073%$670K$311K30xas long as short
Nado XAG-PERP+0.0186%1h66.012−0.074%$1.4M$5.8M10xas long as short
BloFin XAG-USDT+0.0196%4h66.060−0.002%$2.6M$570K100xas long as short
Aftermath Perps XAGUSD+0.0198%1h66.022−0.059%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0204%1h66.040−0.032%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0208%4h66.053−0.013%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.980−0.123%$1.8M$1.0M20xas long as short
OKX XAG-USDT-SWAP+0.0223%8h66.070+0.013%$27.8M$64.6M50xas long as short
Bitget XAGUSDT+0.0228%4h66.070+0.013%$24.0M$44.9M100xas long as short
Bullet SILVER-USD+0.0237%1h66.064+0.005%$44K$75K10xas long as short
Hibachi XAG/USDT-P+0.0304%1h66.010−0.078%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0440%1h66.065+0.006%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h66.039−0.033%$911K$685K25xas long as short