XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.032%

Price spread now: Lighter against Lighter RH+0.025%7-day average +0.018% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$6as in the Price arb table

costs, in and out, $10k−$70.069% of the position

Long on Lighter RH Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.135%+$13 on $10k

Price spread, last 7 days−0.005%$0 · spread now +0.025%, 7d avg +0.018%

Together, before fees+0.130%+ Points / potential airdropLighter RH: Points live · Lighter: Season 3 · farm board+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH XAG	65.964	0.0032	pay 0.0004% / 1h	39m 24s	$4.8M	$9.5M	25x
Short	Lighter XAG	65.981	0.0112	get 0.0014% / 1h	39m 24s	$5.2M	$10.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee Lighter RHbpFee LighterbpOrdersPrice spread, now +0.025%Rate

Funding earned: $16.8
Price spread: +0.025% → +0.018%: $0.7
Slippage, 4 orders: −$6.86
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: $10.64
Costs to cover: 0.069%
Break-even: 2.6 days

Slippage from Lighter RH: live order book, 4 min ago; Lighter: live order book, 9 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 RH live order book, 4 min ago	2.03 bp	2.4 bp −$2	3.3 bp −$33	21.2 bp −$2,117	doesn't fit
Sell Lighter live order book, 9 min ago	0.64 bp	0.7 bp −$1	1.6 bp −$16	8.3 bp −$830	22.5 bp −$11.3K

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
Ondo Perps XAG-USD.P	−0.0046%	1h	65.880	−0.128%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.934	−0.047%	$14K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.010	+0.069%	$149.6M	$163.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.980	+0.024%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.010	+0.069%	$1.0M	$966K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.980	+0.024%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.930	−0.052%	$120K	—	250x	as long as short
Lighter RH XAGlong	+0.0032%	1h	65.964	long leg	$4.8M	$9.5M	25x
Extended XAG-USD	+0.0032%	1h	65.929	−0.054%	$5.1M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.660%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	65.970	+0.008%	$793K	$3.1M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.408	+0.672%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.958	−0.010%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.916	−0.073%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.954	−0.016%	$166.0M	$73.5M	25x	as long as short
QFEX SILVER-USD	+0.0060%	1h	65.980	+0.024%	$114K	$2.7M	20x	as long as short
Hotstuff SILVER-PERP	+0.0072%	1h	65.963	−0.002%	$35K	$21K	20x	as long as short
Kalshi KXSILVERPERP	+0.0072%	24h	65.935	−0.045%	$539K	$25.9M	8.1x	as long as short
Phoenix SILVER	+0.0073%	1h	65.889	−0.114%	$56K	$26K	25x	as long as short
RISEx XAG/USDC	+0.0080%	1h	65.992	+0.041%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.924	−0.062%	$469K	$612K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.960	−0.007%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.920	−0.067%	$113K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0109%	4h	66.010	+0.069%	$27.4M	$36.4M	150x	as long as short
Lighter XAGshort	+0.0112%	1h	65.981	+0.025%	$5.2M	$10.6M	25x
Paradex XAG-USD-PERP	+0.0116%	8h	65.986	+0.033%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0137%	4h	65.970	+0.008%	$2.7M	$871K	100x	as long as short
Nado XAG-PERP	+0.0181%	1h	65.953	−0.018%	$1.4M	$6.0M	10x	as long as short
Aevo XAG-PERP	+0.0184%	1h	65.978	+0.021%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0188%	4h	65.963	−0.001%	$5.6M	$9.4M	—	as long as short
Binance XAGUSDT	+0.0202%	4h	65.990	+0.039%	$191.0M	$702.6M	100x	as long as short
MEXC SILVER_USDT	+0.0202%	4h	65.980	+0.024%	$112.8M	$152.1M	1000x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	65.960	−0.007%	$75K	$363K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0206%	4h	65.973	+0.013%	$394K	$1.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.022%	$1.8M	$1.0M	20x	as long as short
Aftermath Perps XAGUSD	+0.0213%	1h	65.945	−0.029%	$79K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0213%	4h	65.953	−0.017%	$669K	$310K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0233%	8h	66.000	+0.054%	$27.7M	$64.8M	50x	as long as short
Bullet SILVER-USD	+0.0234%	1h	65.996	+0.048%	$45K	$76K	10x	as long as short
BloFin XAG-USDT	+0.0238%	4h	65.960	−0.007%	$2.6M	$556K	100x	as long as short
Bitget XAGUSDT	+0.0242%	4h	65.990	+0.039%	$23.9M	$45.3M	100x	as long as short
Hibachi XAG/USDT-P	+0.0328%	1h	65.930	−0.053%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	65.995	+0.046%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	65.940	−0.037%	$910K	$683K	25x	as long as short