XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.031%

Price spread now: Lighter against Lighter RH+0.007%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs+$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$6as in the Price arb table

costs, in and out, $10k−$50.047% of the position

Long on Lighter RH Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.135%+$13 on $10k

Price spread, last 7 days+0.015%+$2 · spread now +0.007%, 7d avg +0.018%

Together, before fees+0.150%+ Points / potential airdropLighter RH: Points live · Lighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH XAG	66.195	0.0032	pay 0.0004% / 1h	49m 13s	$4.8M	$9.4M	25x
Short	Lighter XAG	66.200	0.0168	get 0.0021% / 1h	49m 13s	$5.3M	$10.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 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 Lighter RHbpFee LighterbpOrdersPrice spread, now +0.007%Rate

Funding earned: $28.56
Price spread: +0.007% → +0.018%: −$1.07
Slippage, 4 orders: −$4.67
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: $22.81
Costs to cover: 0.047%
Break-even: 1.4 days

Slippage from Lighter RH: live order book, 4 min ago; Lighter: live order book, 9 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	1.54 bp	1.5 bp −$2	2.2 bp −$22	22.7 bp −$2,270	doesn't fit
Sell Lighter live order book, 9 min ago	0.39 bp	0.4 bp $0	0.8 bp −$8	6.9 bp −$686	17.5 bp −$8,746

XAG on 43 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	66.178	−0.025%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.230	+0.053%	$151.3M	$161.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.220	+0.038%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.280	+0.129%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.230	+0.053%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.144	−0.077%	$121K	—	250x	as long as short
Hotstuff SILVER-PERP	+0.0024%	1h	66.194	−0.001%	$35K	$21K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0030%	1h	66.120	−0.113%	$5.7M	$9.7M	25x	as long as short
Lighter RH XAGlong	+0.0032%	1h	66.195	long leg	$4.8M	$9.4M	25x
Extended XAG-USD	+0.0032%	1h	66.145	−0.075%	$5.3M	$12.1M	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.310%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.250	+0.083%	$797K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.661	+0.704%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.185	−0.015%	$3.9M	$673K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.141	−0.081%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.220	+0.038%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0063%	24h	66.189	−0.009%	$546K	$24.5M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.206	+0.017%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0090%	1h	66.174	−0.032%	$165.7M	$74.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.166	−0.044%	$471K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.180	−0.023%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.330	+0.204%	$113K	$30K	50x	as long as short
Paradex XAG-USD-PERP	+0.0136%	8h	66.216	+0.032%	$30K	$1K	5x	as long as short
Aster XAGUSDT	+0.0138%	4h	66.218	+0.035%	$2.7M	$917K	100x	as long as short
Bybit XAGUSDT	+0.0141%	4h	66.230	+0.053%	$26.7M	$36.1M	150x	as long as short
Lighter XAGshort	+0.0168%	1h	66.200	+0.007%	$5.3M	$10.4M	25x
Aevo XAG-PERP	+0.0176%	1h	66.210	+0.022%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0176%	4h	66.242	+0.071%	$5.5M	$9.7M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.231	+0.054%	$1.2M	$4.4M	20x	as long as short
MEXC SILVER_USDT	+0.0190%	4h	66.210	+0.023%	$110.4M	$151.9M	1000x	as long as short
Binance XAGUSDT	+0.0191%	4h	66.206	+0.017%	$191.8M	$706.2M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.350	+0.234%	$1.9M	$972K	20x	as long as short
edgeX XAGUSDC	+0.0201%	4h	66.366	+0.259%	$673K	$314K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0216%	8h	66.210	+0.023%	$27.8M	$65.6M	50x	as long as short
Aftermath Perps XAGUSD	+0.0234%	1h	66.247	+0.079%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0238%	1h	66.171	−0.036%	$1.3M	$6.6M	10x	as long as short
Bitget XAGUSDT	+0.0252%	4h	66.220	+0.038%	$23.8M	$46.1M	100x	as long as short
Hibachi XAG/USDT-P	+0.0256%	1h	66.199	+0.006%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0263%	1h	66.226	+0.047%	$46K	$75K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0278%	4h	66.277	+0.124%	$400K	$1.5M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0331% / S −0.0342%	1h	66.215	+0.030%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0355%	1h	66.190	−0.007%	$50K	$326K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0550%	1h	66.171	−0.035%	$763K	$475K	25x	as long as short