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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%
Price spread now: StandX against Lighter RH−0.154%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$250.248% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days+0.197%+$20 · spread now −0.154%, 7d avg +0.042%
Together, before fees+0.211%+ Points / potential airdropLighter RH: Points live · StandX: Active · farm board+$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.196% cheaper against Lighter RH than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XAG65.6710.0032pay 0.0004% / 1h9m 53s$4.7M$9.6M25x
ShortStandX XAG-USD65.5700.0040get 0.0005% / 1h9m 53s$789K$3.0M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$1.68
Price spread: −0.154% → +0.042%
−$19.61
Slippage, 4 orders
−$16.8
Fee Lighter RH: 0 bp × 2 orders
$0
Fee StandX: 4 bp × 2 orders
−$8
Net
−$42.73
Costs to cover
0.248%
Break-even
185.0 days
Slippage from Lighter RH: live order book, 4 min ago; StandX: live order book, 4 min ago.

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, 4 min ago1.05 bp1.4 bp −$13.6 bp −$3622.3 bp −$2,234doesn't fit
Sell StandX live order book, 4 min ago2.29 bp9.3 bp −$99.3 bp −$9330.9 bp −$3,092doesn't fit

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
dYdX XAG-USD0.0000%1h65.576−0.145%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.690+0.029%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.710+0.059%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.690+0.029%$1.5M$280K100xas long as short
Ondo Perps XAG-USD.P+0.0001%1h65.560−0.169%$5.6M$9.7M25xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.616−0.084%$119K250xas long as short
RISEx XAG/USDC+0.0030%1h65.662−0.014%$1.2M$4.9M20xas long as short
Lighter RH XAGlong+0.0032%1h65.671long leg$4.7M$9.6M25x
Extended XAG-USD+0.0032%1h65.639−0.050%$5.1M$11.7M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.110%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h65.418−0.386%$56K$26K25xas long as short
Gate XAG_USDT+0.0040%4h65.710+0.059%$145.2M$179.9M100xas long as short
StandX XAG-USDshort+0.0040%1h65.570−0.154%$789K$3.0M40x
Vest SI-PERP+0.0046%1h66.068+0.604%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.627−0.067%$3.9M$710K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.636−0.054%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.630−0.063%$157K$2.8M20xas long as short
Hotstuff SILVER-PERP+0.0056%1h65.607−0.098%$35K$21K20xas long as short
Paradex XAG-USD-PERP+0.0064%8h65.616−0.085%$29K$1K5xas long as short
Kalshi KXSILVERPERP+0.0076%24h65.640−0.048%$450K$28.9M8.1xas long as short
tradeXYZ xyz:SILVER+0.0081%1h65.659−0.019%$171.1M$82.7M25xas long as short
Aster XAGUSDT+0.0088%4h65.680+0.013%$2.7M$944K100xas long as short
Pacifica XAG+0.0100%1h65.585−0.131%$468K$626K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.660−0.017%$24.7M$4.8M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.400−0.413%$112K$23K50xas long as short
Bybit XAGUSDT+0.0125%4h65.700+0.044%$28.9M$38.9M150xas long as short
Variational Omni XAG+0.0127%4h65.584−0.134%$5.5M$9.5Mas long as short
Lighter XAG+0.0128%1h65.691+0.030%$5.3M$11.2M25xas long as short
Hibachi XAG/USDT-P+0.0136%1h65.476−0.298%$20K$19K10xas long as short
Aevo XAG-PERP+0.0136%1h65.678+0.010%$47K10xas long as short
Binance XAGUSDT+0.0138%4h65.690+0.029%$189.4M$744.8M100xas long as short
MEXC SILVER_USDT+0.0138%4h65.680+0.013%$123.8M$161.7M1000xas long as short
Nado XAG-PERP+0.0155%1h65.582−0.135%$1.3M$5.5M10xas long as short
edgeX XAGUSDC+0.0158%4h65.443−0.348%$666K$311K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.530−0.215%$1.6M$1.3M20xas long as short
GRVT XAG_USDT_Perp+0.0204%4h65.430−0.367%$397K$1.5M25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0207%1h65.680+0.013%$66K$368K20xas long as short
Aftermath Perps XAGUSD+0.0208%1h65.471−0.305%$79K$37K10xas long as short
OKX XAG-USDT-SWAP+0.0216%8h65.700+0.044%$28.0M$70.2M50xas long as short
Bitget XAGUSDT+0.0216%4h65.700+0.044%$23.8M$46.3M100xas long as short
Bullet SILVER-USD+0.0245%1h65.681+0.015%$43K$76K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0366% / S −0.0361%1h65.675+0.006%$93K111xas long as short
BloFin XAG-USDT+0.0379%4h65.610−0.093%$2.6M$622K100xas long as short
Kraken Futures PF_XAGUSD+0.0469%1h65.657−0.021%$916K$735K25xas long as short