Funding you earn now, next payment 02:00 UTC−0.0154%/8h= −16.9% APRnext payment −$0.19 per $10,000 · paid last 24h −0.038%
Price spread now: gTrade (Gains Network) against Lighter−0.107%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2712.714% of the position
Funding, last 3 days (all we have)−0.059%−$6 on $10k
+Price spread, last 3 days (all we have)+0.130%+$13 · spread now −0.107%, 7d avg −0.070%
=Together, before fees+0.071%+ Points / potential airdropLighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and gTrade (Gains Network) is 0.037% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.070%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XAG | 66.350 | 0.0160 | pay 0.0020% / 1h | 37m 12s | $5.3M | $10.5M | 25x |
| Short | gTrade (Gains Network) XAG/USD | 66.278 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 37m 12s | $120K | — | 250x |
Lighter XAG
gTrade (Gains Network) XAG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Lighter. 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
- −$32.37
- Price spread: −0.107% → −0.070%
- −$3.74
- Slippage, 4 orders
- −$261.43
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$307.54
- Costs to cover
- 2.714%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; gTrade (Gains Network): virtual book (oracle venue), 62 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 live order book, 6 min ago | 0.57 bp | 0.6 bp −$1 | 1.1 bp −$11 | 4.8 bp −$475 | 14.9 bp −$7,460 |
| Sell gTrade (Gains Network) virtual book (oracle venue), 62 min ago | 130.00 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2012.7 bp −$1.01M |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.294 | −0.083% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.360 | +0.016% | $153.3M | $162.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.360 | +0.016% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.410 | +0.091% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.370 | +0.031% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDshort | L +0.0004% / S −0.0006% | 1h | 66.278 | −0.107% | $120K | — | 250x | |
| Lighter RH XAG | +0.0032% | 1h | 66.337 | −0.020% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.277 | −0.109% | $5.4M | $12.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.076% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.420 | +0.106% | $799K | $2.9M | 40x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SI-PERP | +0.0046% | 1h | 66.810 | +0.694% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.413 | +0.095% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.314 | −0.054% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.275 | −0.113% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.280 | −0.105% | $5.7M | $9.5M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.360 | +0.016% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0061% | 24h | 66.336 | −0.021% | $562K | $23.2M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.375 | +0.038% | $1.2M | $4.3M | 20x | as long as short |
| Bybit XAGUSDT | +0.0080% | 4h | 66.380 | +0.046% | $26.4M | $35.9M | 150x | as long as short |
| tradeXYZ xyz:SILVER | +0.0094% | 1h | 66.307 | −0.064% | $165.5M | $76.0M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.328 | −0.033% | $472K | $605K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.320 | −0.045% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.470 | +0.181% | $126K | $23K | 50x | as long as short |
| BloFin XAG-USDT | +0.0103% | 4h | 66.570 | +0.332% | $2.6M | $624K | 100x | as long as short |
| Aster XAGUSDT | +0.0118% | 4h | 66.350 | 0.000% | $2.7M | $967K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0123% | 8h | 66.372 | +0.034% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0129% | 4h | 66.505 | +0.234% | $5.5M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0144% | 1h | 66.333 | −0.025% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0152% | 4h | 66.350 | 0.000% | $102.1M | $158.1M | 1000x | as long as short |
| Binance XAGUSDT | +0.0153% | 4h | 66.360 | +0.016% | $192.5M | $708.1M | 100x | as long as short |
| Lighter XAGlong | +0.0160% | 1h | 66.350 | long leg | $5.3M | $10.5M | 25x | |
| edgeX XAGUSDC | +0.0166% | 4h | 66.514 | +0.247% | $675K | $314K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.520 | +0.257% | $1.9M | $967K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0197% | 8h | 66.360 | +0.016% | $28.0M | $65.9M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0221% | 1h | 66.427 | +0.117% | $80K | $38K | 10x | as long as short |
| Hotstuff SILVER-PERP | +0.0224% | 1h | 66.368 | +0.028% | $35K | $21K | 20x | as long as short |
| Bitget XAGUSDT | +0.0226% | 4h | 66.360 | +0.016% | $24.2M | $46.1M | 100x | as long as short |
| Nado XAG-PERP | +0.0229% | 1h | 66.324 | −0.039% | $1.3M | $6.5M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0242% | 4h | 66.526 | +0.265% | $391K | $1.5M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0272% | 1h | 66.473 | +0.185% | $20K | $22K | 10x | as long as short |
| Bullet SILVER-USD | +0.0278% | 1h | 66.353 | +0.005% | $45K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0292% / S −0.0281% | 1h | 66.345 | −0.007% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0463% | 1h | 66.308 | −0.063% | $765K | $471K | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0504% | 1h | 66.340 | −0.015% | $50K | $325K | 20x | as long as short |
Vest SI-PERP
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
Bybit XAGUSDT
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
BloFin XAG-USDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Hotstuff SILVER-PERP
Bitget XAGUSDT
Nado XAG-PERP
GRVT XAG_USDT_Perp
Hibachi XAG/USDT-P
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD
Deribit SILVER_USDC-PERPETUAL