Funding you earn now, next payment 03:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.03 per $10,000 · paid last 24h −0.008%
Price spread now: gTrade (Gains Network) against Lighter RH−0.094%7-day average −0.053% · 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−$277as in the Price arb table
costs, in and out, $10k−$2732.732% of the position
Funding, last 3 days (all we have)−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.094%, 7d avg −0.053%
=Together, before fees+0.117%+ Points / potential airdropLighter RH: Points live · farm board+$12 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 gTrade (Gains Network) is 0.041% cheaper against Lighter RH than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XAG | 66.358 | 0.0032 | pay 0.0004% / 1h | 24m 53s | $4.8M | $9.5M | 25x |
| Short | gTrade (Gains Network) XAG/USD | 66.296 | L +0.0004% / S −0.0006% | get 0.0001% / 1h | 24m 53s | $121K | — | 250x |
Lighter RH XAG
gTrade (Gains Network) XAG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Lighter RH. 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
- −$5.48
- Price spread: −0.094% → −0.053%
- −$4.07
- Slippage, 4 orders
- −$263.23
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$282.78
- Costs to cover
- 2.732%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 4 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 RH live order book, 4 min ago | 1.42 bp | 1.4 bp −$1 | 2.3 bp −$23 | 23.6 bp −$2,358 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 4 min ago | 130.01 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 | 66.272 | −0.129% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.380 | +0.034% | $150.4M | $164.3M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.350 | −0.012% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.390 | +0.049% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.390 | +0.049% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDshort | L +0.0004% / S −0.0006% | 1h | 66.296 | −0.094% | $121K | — | 250x | |
| Lighter RH XAGlong | +0.0032% | 1h | 66.358 | long leg | $4.8M | $9.5M | 25x | |
| Extended XAG-USD | +0.0032% | 1h | 66.299 | −0.089% | $5.3M | $12.1M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.064% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.270 | −0.132% | $797K | $2.9M | 40x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
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 | 66.793 | +0.656% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.331 | −0.040% | $3.9M | $672K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.296 | −0.093% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.270 | −0.132% | $5.7M | $9.8M | 25x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.340 | −0.027% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0065% | 24h | 66.311 | −0.070% | $536K | $24.6M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.308 | −0.075% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0097% | 1h | 66.327 | −0.046% | $166.1M | $74.3M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.294 | −0.095% | $472K | $610K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.320 | −0.057% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.280 | −0.117% | $113K | $30K | 50x | as long as short |
| Hotstuff SILVER-PERP | +0.0120% | 1h | 66.301 | −0.085% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0134% | 8h | 66.341 | −0.025% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0135% | 4h | 66.370 | +0.019% | $2.7M | $877K | 100x | as long as short |
| Bybit XAGUSDT | +0.0158% | 4h | 66.380 | +0.034% | $26.9M | $36.1M | 150x | as long as short |
| BloFin XAG-USDT | +0.0175% | 4h | 66.340 | −0.027% | $2.6M | $553K | 100x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.359 | +0.002% | $48K | — | 10x | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.370 | +0.019% | $1.3M | $4.5M | 20x | as long as short |
| Variational Omni XAG | +0.0184% | 4h | 66.321 | −0.055% | $5.6M | $9.8M | — | as long as short |
| Lighter XAG | +0.0192% | 1h | 66.367 | +0.014% | $5.3M | $10.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.350 | −0.012% | $1.9M | $988K | 20x | as long as short |
| MEXC SILVER_USDT | +0.0194% | 4h | 66.370 | +0.019% | $105.4M | $153.5M | 1000x | as long as short |
| Binance XAGUSDT | +0.0196% | 4h | 66.372 | +0.022% | $192.3M | $705.4M | 100x | as long as short |
| edgeX XAGUSDC | +0.0204% | 4h | 66.323 | −0.052% | $673K | $313K | 30x | as long as short |
| Nado XAG-PERP | +0.0211% | 1h | 66.300 | −0.087% | $1.3M | $6.6M | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 66.370 | +0.019% | $27.8M | $65.9M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0234% | 1h | 66.277 | −0.122% | $80K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0246% | 4h | 66.360 | +0.003% | $23.8M | $45.8M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0268% | 4h | 66.347 | −0.016% | $402K | $1.5M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0272% | 1h | 66.270 | −0.132% | $20K | $19K | 10x | as long as short |
| Bullet SILVER-USD | +0.0280% | 1h | 66.363 | +0.008% | $46K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0351% / S −0.0372% | 1h | 66.365 | +0.011% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.350 | −0.012% | $50K | $322K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0549% | 1h | 66.333 | −0.037% | $915K | $671K | 25x | as long as short |
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Hotstuff SILVER-PERP
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
BloFin XAG-USDT
Aevo XAG-PERP
RISEx XAG/USDC
Variational Omni XAG
Lighter XAG
Coinbase International SILVER-PERP-INTX
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Nado XAG-PERP
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Hibachi XAG/USDT-P
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD