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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter RH against StandX+0.025%47s7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.269% 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−0.072%−$7 · spread now +0.025%, 7d avg −0.042%
Together, before fees−0.086%+ Points / potential airdropStandX: Active · Lighter RH: Points live · farm board−$9 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: Lighter RH is 0.067% dearer against StandX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.042%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAG-USD64.8900.0040pay 0.0005% / 1h34m 48s$780K$3.0M40x
ShortLighter RH XAG64.9060.0032get 0.0004% / 1h34m 48s$4.6M$9.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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

Funding earned
−$1.68
Price spread: +0.025% → −0.042%
$6.72
Slippage, 4 orders
−$18.85
Fee StandX: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$21.81
Costs to cover
0.269%
Break-even
never at this rate
Slippage from StandX: live order book, 4 min ago; Lighter RH: 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 StandX live order book, 4 min ago2.31 bp10.5 bp −$1110.9 bp −$10934.9 bp −$3,490doesn't fit
Sell Lighter RH live order book, 4 min ago1.39 bp1.8 bp −$22.1 bp −$2114.1 bp −$1,408doesn'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%1h64.862−0.043%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h64.940+0.077%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h64.950+0.092%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h64.940+0.077%$1.4M$310K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h64.866−0.037%$117K250xas long as short
Variational Omni XAG+0.0015%4h64.904+0.022%$5.3M$9.1Mas long as short
Gate XAG_USDT+0.0024%4h64.950+0.092%$139.8M$182.3M100xas long as short
Lighter RH XAGshort+0.0032%1h64.906+0.025%$4.6M$9.8M25x
Extended XAG-USD+0.0032%1h64.865−0.038%$5.0M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.327%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USDlong+0.0040%1h64.890long leg$780K$3.0M40x
Vest SI-PERP+0.0046%1h65.324+0.669%25xas long as short
QFEX SILVER-USD+0.0047%1h64.920+0.046%$445K$1.5M20xas long as short
MEXC SILVER_USDT+0.0050%4h64.910+0.031%$121.1M$158.1M1000xas long as short
Polymarket Perps SILVER-USD+0.0050%1h64.860−0.046%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h64.850−0.062%$3K$6K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h64.810−0.123%$5.6M$9.9M25xas long as short
Binance XAGUSDT+0.0054%4h64.910+0.031%$195.8M$771.9M100xas long as short
Paradex XAG-USD-PERP+0.0060%8h64.908+0.028%$29K$1665xas long as short
edgeX XAGUSDC+0.0061%4h64.937+0.073%$661K$313K30xas long as short
Aevo XAG-PERP+0.0064%1h64.904+0.021%$47K10xas long as short
Aster XAGUSDT+0.0067%4h64.916+0.040%$2.6M$995K100xas long as short
Coinbase International SILVER-PERP-INTX+0.0080%1h64.880−0.015%$1.6M$1.4M20xas long as short
Kalshi KXSILVERPERP+0.0084%24h64.923+0.051%$485K$33.8M8.1xas long as short
Hotstuff SILVER-PERP+0.0088%1h64.925+0.054%$35K$21K20xas long as short
Pacifica XAG+0.0100%1h64.856−0.052%$463K$592K10xas long as short
KuCoin XAGUSDTM+0.0100%4h64.880−0.015%$25.1M$4.5M75xas long as short
GRVT XAG_USDT_Perp+0.0100%4h64.907+0.026%$390K$1.6M25xas long as short
ApeX Omni XAGUSDT+0.0100%1h64.870−0.031%$111K$19K50xas long as short
Phoenix SILVER+0.0111%1h64.892+0.003%$55K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0135%1h64.892+0.003%$173.9M$86.9M25xas long as short
Nado XAG-PERP+0.0156%1h64.925+0.053%$1.2M$4.3M10xas long as short
RISEx XAG/USDC+0.0158%1h64.919+0.045%$1.2M$4.9M20xas long as short
Bitget XAGUSDT+0.0188%4h64.930+0.062%$23.3M$45.8M100xas long as short
OKX XAG-USDT-SWAP+0.0193%8h64.920+0.046%$28.6M$72.5M50xas long as short
Bybit XAGUSDT+0.0202%4h64.930+0.062%$29.1M$42.1M150xas long as short
BloFin XAG-USDT+0.0205%4h64.960+0.108%$2.7M$646K100xas long as short
Aftermath Perps XAGUSD+0.0217%1h64.927+0.056%$78K$37K10xas long as short
Lighter XAG+0.0224%1h64.920+0.047%$5.3M$11.0M25xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0237% / S −0.0196%1h64.935+0.069%$92K111xas long as short
Bullet SILVER-USD+0.0300%1h64.921+0.049%$45K$75K10xas long as short
Hibachi XAG/USDT-P+0.0336%1h64.882−0.013%$20K$15K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0367%1h64.910+0.031%$76K$427K20xas long as short
Kraken Futures PF_XAGUSD+0.0420%1h64.911+0.033%$1.0M$872K25xas long as short