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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XAG | 65.731 | 0.0100 | pay 0.0013% / 1h | 3m 03s | $465K | $523K | 10x |
| Short | Lighter XAG | 65.746 | 0.0144 | get 0.0018% / 1h | 3m 03s | $5.3M | $12.1M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 44 min ago | 0.08 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 0.77 bp | 0.8 bp −$1 | 1.1 bp −$11 | 9.3 bp −$933 | 23.4 bp −$11.7K |
XAG on 44 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −3.2000% | 1h | 65.748 | +0.025% | $39K | $26K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.705 | −0.039% | $13K | $8K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.770 | +0.059% | $137.3M | $207.5M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.750 | +0.029% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.770 | +0.059% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.760 | +0.044% | $1.5M | $257K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.700 | −0.047% | $119K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.749 | +0.027% | $4.6M | $9.9M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.697 | −0.051% | $5.1M | $11.9M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 64.602 | −1.718% | $11K | $240 | 52x | as long as short |
Show all 44 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 65.790 | +0.089% | $791K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.194 | +0.704% | — | — | 25x | as long as short |
| Bybit XAGUSDT | +0.0050% | 4h | 65.790 | +0.089% | $30.4M | $48.3M | 150x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.730 | −0.002% | $3.8M | $905K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.697 | −0.052% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 65.680 | −0.078% | $5.7M | $11.2M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.740 | +0.013% | $447K | $1.4M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0053% | 8h | 65.763 | +0.048% | $29K | — | 5x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0054% | 1h | 65.730 | −0.002% | $77K | $412K | 20x | as long as short |
| Variational Omni XAG | +0.0064% | 4h | 65.778 | +0.070% | $5.6M | $9.0M | — | as long as short |
| Aster XAGUSDT | +0.0082% | 4h | 65.779 | +0.073% | $2.7M | $1.2M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0086% | 4h | 65.750 | +0.029% | $117.5M | $167.0M | 1000x | as long as short |
| Binance XAGUSDT | +0.0087% | 4h | 65.770 | +0.059% | $191.2M | $865.1M | 100x | as long as short |
| tradeXYZ xyz:SILVER | +0.0087% | 1h | 65.738 | +0.010% | $176.1M | $92.9M | 25x | as long as short |
| Aevo XAG-PERP | +0.0088% | 1h | 65.732 | +0.001% | $47K | — | 10x | as long as short |
| Pacifica XAGlong | +0.0100% | 1h | 65.731 | long leg | $465K | $523K | 10x | |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.720 | −0.017% | $25.4M | $4.4M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.740 | +0.013% | $112K | $19K | 50x | as long as short |
| edgeX XAGUSDC | +0.0102% | 4h | 65.789 | +0.087% | $671K | $315K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 65.620 | −0.169% | $1.6M | $1.9M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0106% | 24h | 65.781 | +0.076% | $778K | $39.2M | 8.1x | as long as short |
| GRVT XAG_USDT_Perp | +0.0108% | 4h | 65.784 | +0.081% | $391K | $1.6M | 25x | as long as short |
| RISEx XAG/USDC | +0.0116% | 1h | 65.810 | +0.120% | $1.3M | $5.4M | 20x | as long as short |
| Nado XAG-PERP | +0.0118% | 1h | 65.729 | −0.004% | $1.2M | $3.4M | 10x | as long as short |
| Phoenix SILVER | +0.0122% | 1h | 65.787 | +0.085% | $55K | $14K | 25x | as long as short |
| Lighter XAGshort | +0.0144% | 1h | 65.746 | +0.022% | $5.3M | $12.1M | 25x | |
| OKX XAG-USDT-SWAP | +0.0184% | 8h | 65.780 | +0.074% | $28.0M | $86.3M | 50x | as long as short |
| Bitget XAGUSDT | +0.0222% | 4h | 65.780 | +0.074% | $23.1M | $53.1M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0223% | 1h | 65.744 | +0.019% | $79K | $37K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 65.743 | +0.017% | $21K | $12K | 10x | as long as short |
| Bullet SILVER-USD | +0.0228% | 1h | 65.763 | +0.048% | $45K | $73K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0279% / S −0.0250% | 1h | 65.795 | +0.097% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0328% | 4h | 65.790 | +0.089% | $2.7M | $783K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0547% | 1h | 65.721 | −0.015% | $1.0M | $947K | 25x | as long as short |
Pacifica XAG
Lighter XAG
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Bybit XAGUSDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Deribit SILVER_USDC-PERPETUAL
Variational Omni XAG
Aster XAGUSDT
MEXC SILVER_USDT
Binance XAGUSDT
tradeXYZ xyz:SILVER
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
GRVT XAG_USDT_Perp
RISEx XAG/USDC
Phoenix SILVER
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD