Funding you earn now, next payment 10:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h +0.027%
Price spread now: Lighter RH against Hotstuff+0.078%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHotstuff: Active · Lighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Lighter RH is 0.078% dearer against Hotstuff than usual: you sell high and buy low (spread +0.078% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff SILVER-PERP | 65.289 | 0.0112 | pay 0.0014% / 1h | 16m 27s | $35K | $23K | 20x |
| Short | Lighter RH XAG | 65.340 | 0.0032 | get 0.0004% / 1h | 16m 27s | $4.5M | $9.7M | 25x |
Hotstuff SILVER-PERP
Lighter RH XAGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Hotstuff. 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
- −$16.8
- Price spread: +0.078% → 0.000%
- $7.84
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$13.96
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Hotstuff: no order-book sample; Lighter RH: live order book, 5 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 5 min ago | 0.71 bp | 0.7 bp −$1 | 1.5 bp −$15 | 13.9 bp −$1,392 | doesn't fit |
Hotstuff: 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 44 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | −0.0220% | 1h | 64.602 | −1.052% | $11K | $240 | 52x | as long as short |
| Ondo Perps XAG-USD.P | −0.0003% | 1h | 65.240 | −0.075% | $5.7M | $10.4M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.257 | −0.050% | $12K | $6K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.370 | +0.124% | $139.3M | $199.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.330 | +0.063% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.320 | +0.047% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.340 | +0.078% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.302 | +0.020% | $118K | — | 250x | as long as short |
| Lighter RH XAGshort | +0.0032% | 1h | 65.340 | +0.078% | $4.5M | $9.7M | 25x | |
| Extended XAG-USD | +0.0032% | 1h | 65.284 | −0.008% | $5.1M | $11.6M | 10x | as long as short |
Injective XAG/USDC PERP
Ondo Perps XAG-USD.P
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Extended XAG-USDShow all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 65.330 | +0.063% | $786K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.775 | +0.744% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.333 | +0.067% | $3.8M | $892K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.250 | −0.060% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0058% | 8h | 65.327 | +0.059% | $29K | $166 | 5x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 65.330 | +0.063% | $444K | $1.4M | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0088% | 1h | 65.350 | +0.093% | $1.6M | $1.7M | 20x | as long as short |
| Variational Omni XAG | +0.0094% | 4h | 65.332 | +0.065% | $5.7M | $9.2M | — | as long as short |
| Kalshi KXSILVERPERP | +0.0096% | 24h | 65.340 | +0.078% | $641K | $37.2M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.278 | −0.018% | $465K | $574K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.310 | +0.032% | $25.2M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.270 | −0.029% | $111K | $19K | 50x | as long as short |
| Phoenix SILVER | +0.0110% | 1h | 65.288 | −0.002% | $55K | $13K | 25x | as long as short |
| Hotstuff SILVER-PERPlong | +0.0112% | 1h | 65.289 | long leg | $35K | $23K | 20x | |
| tradeXYZ xyz:SILVER | +0.0123% | 1h | 65.335 | +0.070% | $174.1M | $93.0M | 25x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 65.323 | +0.052% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0130% | 4h | 65.360 | +0.109% | $119.6M | $166.7M | 1000x | as long as short |
| Binance XAGUSDT | +0.0130% | 4h | 65.360 | +0.109% | $193.0M | $835.0M | 100x | as long as short |
| edgeX XAGUSDC | +0.0134% | 4h | 65.334 | +0.068% | $666K | $315K | 30x | as long as short |
| Aster XAGUSDT | +0.0138% | 4h | 65.366 | +0.118% | $2.7M | $1.1M | 100x | as long as short |
| Nado XAG-PERP | +0.0182% | 1h | 65.274 | −0.023% | $1.2M | $3.9M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0188% | 4h | 65.320 | +0.047% | $394K | $1.6M | 25x | as long as short |
| Lighter XAG | +0.0192% | 1h | 65.338 | +0.075% | $5.1M | $11.7M | 25x | as long as short |
| RISEx XAG/USDC | +0.0206% | 1h | 65.357 | +0.105% | $1.2M | $4.9M | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0210% | 1h | 65.290 | +0.002% | $77K | $411K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0214% | 8h | 65.370 | +0.124% | $27.9M | $82.3M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0220% | 1h | 65.306 | +0.026% | $78K | $37K | 10x | as long as short |
| Bybit XAGUSDT | +0.0222% | 4h | 65.380 | +0.139% | $30.4M | $46.8M | 150x | as long as short |
| Bitget XAGUSDT | +0.0246% | 4h | 65.370 | +0.124% | $23.1M | $50.3M | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0262% / S −0.0228% | 1h | 65.355 | +0.101% | $93K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0272% | 1h | 65.270 | −0.029% | $20K | $12K | 10x | as long as short |
| Bullet SILVER-USD | +0.0277% | 1h | 65.374 | +0.130% | $44K | $74K | 10x | as long as short |
| BloFin XAG-USDT | +0.0370% | 4h | 65.310 | +0.032% | $2.7M | $753K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0776% | 1h | 65.287 | −0.002% | $1.0M | $937K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
QFEX SILVER-USD
Coinbase International SILVER-PERP-INTX
Variational Omni XAG
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Phoenix SILVER
tradeXYZ xyz:SILVER
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Aster XAGUSDT
Nado XAG-PERP
GRVT XAG_USDT_Perp
Lighter XAG
RISEx XAG/USDC
Deribit SILVER_USDC-PERPETUAL
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bybit XAGUSDT
Bitget XAGUSDT
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
Bullet SILVER-USD
BloFin XAG-USDT
Kraken Futures PF_XAGUSD