Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: SoDEX against Lighter RH−0.086%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. SoDEX is 0.086% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 16 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XAG65.9770.0032pay 0.0004% / 1h38m 06s$4.8M$9.5M25x
ShortSoDEX SILVER-USD65.9200.0050get 0.0006% / 1h38m 06s$3K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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

Funding earned
$3.78
Price spread: −0.086% → 0.000%
−$8.58
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$12.8
Costs to cover
0.080%
Break-even
30.7 days
Slippage unknown: Lighter RH: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 6 min ago2.03 bp2.4 bp −$23.3 bp −$3321.2 bp −$2,117doesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0045%1h65.880−0.146%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.934−0.065%$14K5xas long as short
Gate XAG_USDT0.0000%4h66.000+0.035%$149.5M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h65.980+0.005%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.010+0.051%$1.0M$966K75xas long as short
Phemex XAGUSDT0.0000%4h65.990+0.020%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.920−0.085%$120K250xas long as short
Lighter RH XAGlong+0.0032%1h65.977long leg$4.8M$9.5M25x
Extended XAG-USD+0.0032%1h65.920−0.086%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.642%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.000+0.035%$794K$3.1M40xas long as short
Vest SI-PERP+0.0046%1h66.406+0.651%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.947−0.045%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.946−0.046%$3.9M$674K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h65.920−0.086%$3K$6K20x
tradeXYZ xyz:SILVER+0.0051%1h65.955−0.033%$166.0M$73.5M25xas long as short
QFEX SILVER-USD+0.0060%1h65.970−0.010%$114K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0073%24h65.942−0.052%$540K$25.9M8.1xas long as short
Phoenix SILVER+0.0073%1h65.889−0.133%$56K$26K25xas long as short
RISEx XAG/USDC+0.0080%1h65.982+0.008%$1.3M$4.9M20xas long as short
Bybit XAGUSDT+0.0097%4h66.010+0.051%$27.4M$36.4M150xas long as short
Pacifica XAG+0.0100%1h65.921−0.084%$469K$612K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.960−0.025%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.920−0.086%$113K$30K50xas long as short
Lighter XAG+0.0112%1h65.978+0.003%$5.2M$10.6M25xas long as short
Paradex XAG-USD-PERP+0.0114%8h65.971−0.009%$30K$1K5xas long as short
Aster XAGUSDT+0.0137%4h65.970−0.010%$2.7M$871K100xas long as short
Nado XAG-PERP+0.0181%1h65.937−0.060%$1.4M$5.9M10xas long as short
Aevo XAG-PERP+0.0184%1h65.9760.000%$47K10xas long as short
Variational Omni XAG+0.0188%4h65.963−0.020%$5.6M$9.4Mas long as short
MEXC SILVER_USDT+0.0200%4h65.980+0.005%$112.8M$152.1M1000xas long as short
Binance XAGUSDT+0.0201%4h66.000+0.035%$191.1M$702.5M100xas long as short
BloFin XAG-USDT+0.0204%4h66.000+0.035%$2.6M$556K100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h65.960−0.025%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h65.973−0.005%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.950−0.040%$1.8M$1.0M20xas long as short
edgeX XAGUSDC+0.0213%4h65.953−0.035%$669K$310K30xas long as short
Aftermath Perps XAGUSD+0.0213%1h65.954−0.035%$79K$36K10xas long as short
OKX XAG-USDT-SWAP+0.0232%8h65.990+0.020%$27.7M$64.8M50xas long as short
Bullet SILVER-USD+0.0233%1h65.984+0.011%$44K$76K10xas long as short
Bitget XAGUSDT+0.0240%4h65.990+0.020%$23.9M$45.3M100xas long as short
Hibachi XAG/USDT-P+0.0328%1h65.940−0.055%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h65.985+0.013%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h65.952−0.038%$910K$683K25xas long as short