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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.013%
Price spread now: Lighter against Pacifica+0.022%7-day average +0.045% · you sell dearer than you buy
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 7 days+0.121%+$12 on $10k
Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.022%, 7d avg +0.045%
Together, before fees+0.166%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.023% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.045%). If the spread goes back, that is −$2 on $10k: about 42 hours of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XAG65.7310.0100pay 0.0013% / 1h3m 03s$465K$523K10x
ShortLighter XAG65.7460.0144get 0.0018% / 1h3m 03s$5.3M$12.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. 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
$9.24
Price spread: +0.022% → +0.045%
−$2.32
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$1.08
Costs to cover
0.080%
Break-even
7.8 days
Slippage unknown: Pacifica: live order book, 44 min ago; Lighter: live order book, 3 min ago. 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 Pacifica live order book, 44 min ago0.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 3 min ago0.77 bp0.8 bp −$11.1 bp −$119.3 bp −$93323.4 bp −$11.7K

XAG on 44 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP−3.2000%1h65.748+0.025%$39K$26K20xas long as short
dYdX XAG-USD0.0000%1h65.705−0.039%$13K$8K5xas long as short
Gate XAG_USDT0.0000%4h65.770+0.059%$137.3M$207.5M100xas long as short
SunX XAG-USDT0.0000%4h65.750+0.029%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.770+0.059%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.760+0.044%$1.5M$257K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.700−0.047%$119K250xas long as short
Lighter RH XAG+0.0032%1h65.749+0.027%$4.6M$9.9M25xas long as short
Extended XAG-USD+0.0032%1h65.697−0.051%$5.1M$11.9M10xas long as short
Injective XAG/USDC PERP+0.0033%1h64.602−1.718%$11K$24052xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.790+0.089%$791K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.194+0.704%25xas long as short
Bybit XAGUSDT+0.0050%4h65.790+0.089%$30.4M$48.3M150xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.730−0.002%$3.8M$905K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.697−0.052%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h65.680−0.078%$5.7M$11.2M25xas long as short
QFEX SILVER-USD+0.0051%1h65.740+0.013%$447K$1.4M20xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.763+0.048%$29K5xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0054%1h65.730−0.002%$77K$412K20xas long as short
Variational Omni XAG+0.0064%4h65.778+0.070%$5.6M$9.0Mas long as short
Aster XAGUSDT+0.0082%4h65.779+0.073%$2.7M$1.2M100xas long as short
MEXC SILVER_USDT+0.0086%4h65.750+0.029%$117.5M$167.0M1000xas long as short
Binance XAGUSDT+0.0087%4h65.770+0.059%$191.2M$865.1M100xas long as short
tradeXYZ xyz:SILVER+0.0087%1h65.738+0.010%$176.1M$92.9M25xas long as short
Aevo XAG-PERP+0.0088%1h65.732+0.001%$47K10xas long as short
Pacifica XAGlong+0.0100%1h65.731long leg$465K$523K10x
KuCoin XAGUSDTM+0.0100%4h65.720−0.017%$25.4M$4.4M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.740+0.013%$112K$19K50xas long as short
edgeX XAGUSDC+0.0102%4h65.789+0.087%$671K$315K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h65.620−0.169%$1.6M$1.9M20xas long as short
Kalshi KXSILVERPERP+0.0106%24h65.781+0.076%$778K$39.2M8.1xas long as short
GRVT XAG_USDT_Perp+0.0108%4h65.784+0.081%$391K$1.6M25xas long as short
RISEx XAG/USDC+0.0116%1h65.810+0.120%$1.3M$5.4M20xas long as short
Nado XAG-PERP+0.0118%1h65.729−0.004%$1.2M$3.4M10xas long as short
Phoenix SILVER+0.0122%1h65.787+0.085%$55K$14K25xas long as short
Lighter XAGshort+0.0144%1h65.746+0.022%$5.3M$12.1M25x
OKX XAG-USDT-SWAP+0.0184%8h65.780+0.074%$28.0M$86.3M50xas long as short
Bitget XAGUSDT+0.0222%4h65.780+0.074%$23.1M$53.1M100xas long as short
Aftermath Perps XAGUSD+0.0223%1h65.744+0.019%$79K$37K10xas long as short
Hibachi XAG/USDT-P+0.0224%1h65.743+0.017%$21K$12K10xas long as short
Bullet SILVER-USD+0.0228%1h65.763+0.048%$45K$73K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0279% / S −0.0250%1h65.795+0.097%$93K111xas long as short
BloFin XAG-USDT+0.0328%4h65.790+0.089%$2.7M$783K100xas long as short
Kraken Futures PF_XAGUSD+0.0547%1h65.721−0.015%$1.0M$947K25xas long as short