XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.026%

Price spread now: SoDEX against Lighter−0.091%7-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 SoDEX

What this pair did over the last

the charts below follow

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: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SoDEX is 0.091% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XAG	65.297	0.0160	pay 0.0020% / 1h	32m 18s	$5.3M	$11.1M	25x
Short	SoDEX SILVER-USD	65.238	0.0050	get 0.0006% / 1h	32m 18s	$3K	$6K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.091%Rate

Funding earned: −$23.1
Price spread: −0.091% → 0.000%: −$9.11
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$40.21
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 6 min ago; SoDEX: 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, 6 min ago	0.47 bp	0.6 bp −$1	0.7 bp −$7	4.5 bp −$446	16.5 bp −$8,273
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 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
Hotstuff SILVER-PERP	−0.0056%	1h	65.295	−0.004%	$35K	$21K	20x	as long as short
Ondo Perps XAG-USD.P	−0.0037%	1h	65.190	−0.165%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.242	−0.085%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.310	+0.019%	$27.8M	$39.4M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.300	+0.004%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.340	+0.065%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.320	+0.034%	$1.5M	$281K	100x	as long as short
Variational Omni XAG	0.0000%	4h	65.332	+0.053%	$5.5M	$9.1M	—	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.268	−0.045%	$118K	—	250x	as long as short
Aster XAGUSDT	+0.0024%	4h	65.300	+0.004%	$2.7M	$928K	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SILVER_USDT	+0.0026%	4h	65.300	+0.004%	$119.3M	$157.4M	1000x	as long as short
Binance XAGUSDT	+0.0026%	4h	65.299	+0.002%	$191.6M	$753.7M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.293	−0.006%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.244	−0.082%	$5.0M	$11.6M	10x	as long as short
edgeX XAGUSDC	+0.0032%	4h	65.342	+0.068%	$665K	$313K	30x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.688%	$11K	$94K	52x	as long as short
Gate XAG_USDT	+0.0034%	4h	65.320	+0.034%	$140.7M	$178.3M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.330	+0.050%	$786K	$2.9M	40x	as long as short
Aevo XAG-PERP	+0.0040%	1h	65.290	−0.011%	$47K	—	10x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.300	+0.004%	$157K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.721	+0.649%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.264	−0.051%	$169.6M	$81.7M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.276	−0.033%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USDshort	+0.0050%	1h	65.238	−0.091%	$3K	$6K	20x
Paradex XAG-USD-PERP	+0.0052%	8h	65.291	−0.010%	$29K	$1K	5x	as long as short
Phoenix SILVER	+0.0061%	1h	65.316	+0.028%	$56K	$31K	25x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.256	−0.064%	$466K	$31.8M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.300	+0.004%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.253	−0.068%	$464K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.280	−0.027%	$25.3M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.310	+0.019%	$112K	$19K	50x	as long as short
BloFin XAG-USDT	+0.0107%	4h	65.350	+0.080%	$2.7M	$574K	100x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.325	+0.042%	$1.2M	$4.8M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0130%	4h	65.372	+0.114%	$384K	$1.6M	25x	as long as short
Bitget XAGUSDT	+0.0152%	4h	65.300	+0.004%	$23.2M	$44.7M	100x	as long as short
Nado XAG-PERP	+0.0159%	1h	65.275	−0.034%	$1.2M	$4.7M	10x	as long as short
Lighter XAGlong	+0.0160%	1h	65.297	long leg	$5.3M	$11.1M	25x
OKX XAG-USDT-SWAP	+0.0166%	8h	65.310	+0.019%	$28.2M	$69.8M	50x	as long as short
Aftermath Perps XAGUSD	+0.0183%	1h	65.299	+0.002%	$79K	$37K	10x	as long as short
Hibachi XAG/USDT-P	+0.0184%	1h	65.313	+0.024%	$20K	$17K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0210%	1h	65.280	−0.027%	$65K	$391K	20x	as long as short
Bullet SILVER-USD	+0.0220%	1h	65.314	+0.025%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.305	+0.011%	$93K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.267	−0.047%	$1.0M	$868K	25x	as long as short