Funding you earn now, next payment 03:00 UTC−0.0235%/8h= −25.7% APRnext payment −$0.29 per $10,000 · paid last 24h −0.054%
Price spread now: Lighter RH against Bullet+0.007%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SILVER-USD | 66.250 | 0.0267 | pay 0.0033% / 1h | 50m 50s | $46K | $75K | 10x |
| Short | Lighter RH XAG | 66.254 | 0.0032 | get 0.0004% / 1h | 50m 50s | $4.8M | $9.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bullet. 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
- −$49.35
- Price spread: +0.007% → 0.000%
- $0.75
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$56.6
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Bullet: no order-book sample; Lighter RH: live order book, 3 min ago. Net counts fees only.
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 Bullet no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 3 min ago | 1.54 bp | 2.0 bp −$2 | 2.4 bp −$24 | 18.1 bp −$1,814 | doesn't fit |
Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 66.236 | −0.021% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.270 | +0.031% | $151.7M | $161.7M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.220 | −0.045% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.280 | +0.046% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.290 | +0.061% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.180 | −0.104% | $121K | — | 250x | as long as short |
| Ondo Perps XAG-USD.P | +0.0022% | 1h | 66.160 | −0.135% | $5.7M | $9.7M | 25x | as long as short |
| Lighter RH XAGshort | +0.0032% | 1h | 66.254 | +0.007% | $4.8M | $9.4M | 25x | |
| Extended XAG-USD | +0.0032% | 1h | 66.206 | −0.066% | $5.3M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.227% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | +0.0040% | 1h | 66.273 | +0.035% | $35K | $21K | 20x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.390 | +0.212% | $799K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.691 | +0.666% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.196 | −0.081% | $3.9M | $673K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.188 | −0.093% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.230 | −0.029% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0063% | 24h | 66.249 | −0.001% | $547K | $24.5M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.303 | +0.081% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0095% | 1h | 66.228 | −0.033% | $165.8M | $74.7M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.219 | −0.047% | $471K | $607K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.230 | −0.029% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.330 | +0.121% | $113K | $30K | 50x | as long as short |
| Paradex XAG-USD-PERP | +0.0138% | 8h | 66.270 | +0.031% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0142% | 4h | 66.240 | −0.014% | $2.7M | $917K | 100x | as long as short |
| Bybit XAGUSDT | +0.0144% | 4h | 66.290 | +0.061% | $26.7M | $36.2M | 150x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.244 | −0.008% | $48K | — | 10x | as long as short |
| Lighter XAG | +0.0176% | 1h | 66.262 | +0.019% | $5.3M | $10.4M | 25x | as long as short |
| Variational Omni XAG | +0.0176% | 4h | 66.242 | −0.011% | $5.5M | $9.7M | — | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.250 | +0.001% | $1.2M | $4.4M | 20x | as long as short |
| MEXC SILVER_USDT | +0.0192% | 4h | 66.270 | +0.031% | $111.6M | $151.7M | 1000x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.350 | +0.152% | $1.9M | $972K | 20x | as long as short |
| Binance XAGUSDT | +0.0192% | 4h | 66.270 | +0.031% | $191.9M | $706.0M | 100x | as long as short |
| edgeX XAGUSDC | +0.0201% | 4h | 66.366 | +0.176% | $673K | $314K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 66.270 | +0.031% | $27.8M | $65.6M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0233% | 1h | 66.281 | +0.048% | $80K | $38K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0240% | 1h | 66.320 | +0.106% | $20K | $22K | 10x | as long as short |
| Nado XAG-PERP | +0.0242% | 1h | 66.198 | −0.077% | $1.3M | $6.6M | 10x | as long as short |
| Bitget XAGUSDT | +0.0254% | 4h | 66.270 | +0.031% | $23.9M | $46.1M | 100x | as long as short |
| Bullet SILVER-USDlong | +0.0267% | 1h | 66.250 | long leg | $46K | $75K | 10x | |
| GRVT XAG_USDT_Perp | +0.0282% | 4h | 66.380 | +0.196% | $393K | $1.5M | 25x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0330% / S −0.0341% | 1h | 66.255 | +0.008% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0354% | 1h | 66.240 | −0.014% | $50K | $326K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0550% | 1h | 66.198 | −0.078% | $763K | $475K | 25x | as long as short |
Bullet SILVER-USD
Lighter RH XAG
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
Lighter XAG
Variational Omni XAG
RISEx XAG/USDC
MEXC SILVER_USDT
Coinbase International SILVER-PERP-INTX
Binance XAGUSDT
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD