XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.028%

Price spread now: Lighter against StandX−0.096%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$180.178% of the position

Long on StandX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.123%+$12 on $10k

Price spread, last 7 days+0.103%+$10 · spread now −0.096%, 7d avg −0.024%

Together, before fees+0.226%+ Points / potential airdropStandX: Active · Lighter: Season 3 · farm board+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.073% cheaper against StandX than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.024%). If the spread goes back, that is −$7 on $10k: about 2.0 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.123% in total) that is about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX XAG-USD	66.450	0.0040	pay 0.0005% / 1h	57m 16s	$799K	$2.9M	40x
Short	Lighter XAG	66.386	0.0160	get 0.0020% / 1h	57m 16s	$5.3M	$10.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against StandX. 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 StandXbpFee LighterbpOrdersPrice spread, now −0.096%Rate

Funding earned: $25.2
Price spread: −0.096% → −0.024%: −$7.25
Slippage, 4 orders: −$9.82
Fee StandX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $0.13
Costs to cover: 0.178%
Break-even: 7.0 days

Slippage from StandX: live order book, 2 min ago; Lighter: live order book, 6 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 StandX live order book, 2 min ago	3.01 bp	8.5 bp −$9	8.5 bp −$85	37.1 bp −$3,707	doesn't fit
Sell Lighter live order book, 6 min ago	0.19 bp	0.6 bp −$1	1.0 bp −$10	5.1 bp −$508	16.3 bp −$8,144

XAG on 44 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	66.325	−0.188%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.440	−0.015%	$25.9M	$35.7M	150x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.369	−0.122%	$35K	$21K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.410	−0.060%	$154.1M	$159.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.420	−0.045%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.430	−0.030%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.470	+0.030%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.348	−0.153%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.377	−0.109%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.350	−0.151%	$5.4M	$12.5M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0033%	1h	66.320	−0.196%	$5.7M	$9.5M	25x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.075%	$11K	$94K	52x	as long as short
StandX XAG-USDlong	+0.0040%	1h	66.450	long leg	$799K	$2.9M	40x
Vest SI-PERP	+0.0046%	1h	66.852	+0.605%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.369	−0.122%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.390	−0.090%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.342	−0.163%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.410	−0.060%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.411	−0.059%	$548K	$23.0M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.424	−0.039%	$1.2M	$4.3M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0092%	1h	66.384	−0.099%	$165.7M	$85.2M	25x	as long as short
Aster XAGUSDT	+0.0096%	4h	66.418	−0.048%	$2.8M	$1.0M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.371	−0.119%	$473K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.380	−0.105%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.390	−0.090%	$126K	$23K	50x	as long as short
Variational Omni XAG	+0.0108%	4h	66.543	+0.140%	$5.6M	$9.8M	—	as long as short
Paradex XAG-USD-PERP	+0.0112%	8h	66.414	−0.054%	$30K	$1K	5x	as long as short
edgeX XAGUSDC	+0.0123%	4h	66.509	+0.089%	$675K	$316K	30x	as long as short
MEXC SILVER_USDT	+0.0124%	4h	66.410	−0.060%	$108.1M	$156.0M	1000x	as long as short
Binance XAGUSDT	+0.0126%	4h	66.415	−0.052%	$193.2M	$714.6M	100x	as long as short
Aevo XAG-PERP	+0.0128%	1h	66.406	−0.066%	$48K	—	10x	as long as short
Lighter XAGshort	+0.0160%	1h	66.386	−0.096%	$5.3M	$10.4M	25x
BloFin XAG-USDT	+0.0169%	4h	66.450	0.000%	$2.6M	$686K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.380	−0.105%	$1.9M	$962K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0190%	4h	66.454	+0.006%	$402K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0194%	8h	66.410	−0.060%	$28.0M	$66.6M	50x	as long as short
Bitget XAGUSDT	+0.0198%	4h	66.420	−0.045%	$24.5M	$46.4M	100x	as long as short
Aftermath Perps XAGUSD	+0.0207%	1h	66.441	−0.014%	$80K	$39K	10x	as long as short
Nado XAG-PERP	+0.0247%	1h	66.373	−0.116%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0255%	1h	66.431	−0.028%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.425	−0.038%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.371	−0.119%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.400	−0.075%	$50K	$331K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.377	−0.110%	$765K	$552K	25x	as long as short