XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.17 per $10,000 · paid last 24h −0.043%

Price spread now: dYdX against Lighter−0.104%58s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 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: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and dYdX is 0.104% cheaper against Lighter than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XAG	65.590	0.0136	pay 0.0017% / 1h	53m 45s	$5.3M	$11.8M	25x
Short	dYdX XAG-USD	65.521	0	get 0.0000% / 1h	53m 45s	$13K	$8K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.104%Rate

Funding earned: −$28.56
Price spread: −0.104% → 0.000%: −$10.38
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$48.94
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 8 min ago; dYdX: no order-book sample. 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 Lighter live order book, 8 min ago	0.39 bp	0.5 bp −$1	1.1 bp −$11	5.8 bp −$578	18.2 bp −$9,079
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
Hotstuff SILVER-PERP	−0.0088%	1h	65.565	−0.037%	$39K	$26K	20x	as long as short
dYdX XAG-USDshort	0.0000%	1h	65.521	−0.104%	$13K	$8K	5x
RISEx XAG/USDC	0.0000%	1h	65.619	+0.045%	$1.3M	$5.4M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	65.610	+0.031%	$136.5M	$198.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.620	+0.047%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.640	+0.077%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.640	+0.077%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.554	−0.054%	$119K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0025%	1h	65.520	−0.106%	$5.7M	$11.1M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	65.615	+0.039%	$4.6M	$9.5M	25x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.555	−0.052%	$5.1M	$12.0M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.506%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.590	+0.001%	$789K	$3.0M	40x	as long as short
QFEX SILVER-USD	+0.0042%	1h	65.600	+0.016%	$446K	$1.4M	20x	as long as short
Bybit XAGUSDT	+0.0043%	4h	65.620	+0.047%	$30.5M	$47.8M	150x	as long as short
Vest SI-PERP	+0.0046%	1h	66.037	+0.682%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.576	−0.021%	$3.8M	$905K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.561	−0.043%	$3K	$6K	20x	as long as short
Variational Omni XAG	+0.0052%	4h	65.578	−0.018%	$5.6M	$9.0M	—	as long as short
Paradex XAG-USD-PERP	+0.0052%	8h	65.597	+0.011%	$29K	—	5x	as long as short
Aster XAGUSDT	+0.0073%	4h	65.590	+0.001%	$2.7M	$1.2M	100x	as long as short
MEXC SILVER_USDT	+0.0074%	4h	65.610	+0.031%	$114.9M	$162.8M	1000x	as long as short
Binance XAGUSDT	+0.0076%	4h	65.610	+0.031%	$190.4M	$863.2M	100x	as long as short
edgeX XAGUSDC	+0.0087%	4h	65.624	+0.053%	$669K	$313K	30x	as long as short
Aevo XAG-PERP	+0.0088%	1h	65.608	+0.027%	$47K	—	10x	as long as short
GRVT XAG_USDT_Perp	+0.0096%	4h	65.674	+0.129%	$389K	$1.6M	25x	as long as short
Pacifica XAG	+0.0100%	1h	65.546	−0.066%	$462K	$520K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.580	−0.014%	$25.4M	$4.3M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.610	+0.031%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.710	+0.184%	$1.6M	$1.9M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0105%	1h	65.569	−0.031%	$175.6M	$86.7M	25x	as long as short
Kalshi KXSILVERPERP	+0.0107%	24h	65.620	+0.047%	$792K	$38.8M	8.1x	as long as short
Phoenix SILVER	+0.0122%	1h	65.584	−0.008%	$55K	$15K	25x	as long as short
Lighter XAGlong	+0.0136%	1h	65.590	long leg	$5.3M	$11.8M	25x
Nado XAG-PERP	+0.0139%	1h	65.564	−0.038%	$1.2M	$3.4M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0178%	8h	65.620	+0.047%	$27.9M	$85.7M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0208%	1h	65.600	+0.016%	$77K	$409K	20x	as long as short
Bitget XAGUSDT	+0.0214%	4h	65.610	+0.031%	$23.1M	$52.8M	100x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	65.538	−0.079%	$21K	$12K	10x	as long as short
Aftermath Perps XAGUSD	+0.0226%	1h	65.609	+0.030%	$79K	$37K	10x	as long as short
Bullet SILVER-USD	+0.0227%	1h	65.625	+0.054%	$45K	$73K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0282% / S −0.0253%	1h	65.625	+0.054%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0309%	4h	65.610	+0.031%	$2.7M	$784K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0540%	1h	65.594	+0.006%	$1.0M	$943K	25x	as long as short