XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.028%

Price spread now: StandX against Lighter−0.017%46s7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.257% of the position

Long on Lighter Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 7 days+0.010%+$1 · spread now −0.017%, 7d avg +0.024%

Together, before fees−0.113%+ Points / potential airdropLighter: Season 3 · StandX: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and StandX is 0.041% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.024%). Swap the legs. The two prices were read 46 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	66.791	0.0072	pay 0.0009% / 1h	45m 40s	$5.4M	$10.4M	25x
Short	StandX XAG-USD	66.780	0.0040	get 0.0005% / 1h	45m 40s	$804K	$2.7M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$6.72
Price spread: −0.017% → +0.024%: −$4.07
Slippage, 4 orders: −$17.68
Fee Lighter: 0 bp × 2 orders: $0
Fee StandX: 4 bp × 2 orders: −$8
Net: −$36.47
Costs to cover: 0.257%
Break-even: never at this rate

Slippage from Lighter: live order book, 8 min ago; StandX: live order book, 3 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, 8 min ago	0.58 bp	0.6 bp −$1	0.6 bp −$6	5.4 bp −$538	16.9 bp −$8,430
Sell StandX live order book, 3 min ago	2.99 bp	14.5 bp −$14	15.2 bp −$152	36.1 bp −$3,611	doesn't fit

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	66.743	−0.072%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.800	+0.013%	$26.1M	$35.3M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	66.800	+0.013%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.810	+0.028%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.790	−0.002%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.735	−0.084%	$121K	—	250x	as long as short
Gate XAG_USDT	+0.0004%	4h	66.800	+0.013%	$155.6M	$166.2M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	66.787	−0.006%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.742	−0.074%	$5.4M	$13.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.586%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USDshort	+0.0040%	1h	66.780	−0.017%	$804K	$2.7M	40x
Vest SI-PERP	+0.0046%	1h	67.241	+0.673%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.747	−0.066%	$57K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.764	−0.041%	$166.1M	$86.2M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.755	−0.054%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.739	−0.078%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.700	−0.137%	$5.7M	$9.8M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.770	−0.032%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0060%	24h	66.747	−0.066%	$573K	$21.9M	8.1x	as long as short
BloFin XAG-USDT	+0.0060%	4h	66.810	+0.028%	$2.6M	$692K	100x	as long as short
Lighter XAGlong	+0.0072%	1h	66.791	long leg	$5.4M	$10.4M	25x
Hotstuff SILVER-PERP	+0.0080%	1h	66.796	+0.007%	$36K	$21K	20x	as long as short
Paradex XAG-USD-PERP	+0.0087%	8h	66.790	−0.001%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0092%	4h	66.785	−0.010%	$5.6M	$9.9M	—	as long as short
Aster XAGUSDT	+0.0098%	4h	66.790	−0.002%	$2.8M	$1.1M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.744	−0.070%	$476K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.760	−0.047%	$24.7M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.770	−0.032%	$127K	$26K	50x	as long as short
Binance XAGUSDT	+0.0102%	4h	66.802	+0.016%	$191.9M	$725.6M	100x	as long as short
MEXC SILVER_USDT	+0.0102%	4h	66.790	−0.002%	$108.6M	$157.0M	1000x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.783	−0.013%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0114%	4h	66.841	+0.075%	$678K	$315K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0118%	4h	66.810	+0.028%	$397K	$1.5M	25x	as long as short
Nado XAG-PERP	+0.0135%	1h	66.748	−0.065%	$1.3M	$6.5M	10x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.803	+0.017%	$1.3M	$4.2M	20x	as long as short
Bitget XAGUSDT	+0.0164%	4h	66.800	+0.013%	$24.8M	$48.6M	100x	as long as short
Aftermath Perps XAGUSD	+0.0175%	1h	66.776	−0.023%	$80K	$40K	10x	as long as short
Bullet SILVER-USD	+0.0183%	1h	66.794	+0.004%	$45K	$75K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.780	−0.017%	$1.9M	$967K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0189%	8h	66.790	−0.002%	$28.2M	$67.4M	50x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.742	−0.074%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.795	+0.006%	$104K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0349%	1h	66.790	−0.002%	$51K	$344K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0487%	1h	66.761	−0.046%	$766K	$589K	25x	as long as short