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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.020%
Price spread now: GMX against Aevo+0.021%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.021% dearer against Aevo than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAG-PERP66.5310.0104pay 0.0013% / 1h29m 55s$48K10x
ShortGMX SILVER/USD [ETH-USDC]66.545L +0.0291% / S −0.0281%get 0.0035% / 1h29m 55s$103K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aevo. 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
$37.15
Price spread: +0.021% → 0.000%
$2.07
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
$11.22
Costs to cover
0.280%
Break-even
4.9 days
Slippage unknown: Aevo: no order-book sample; GMX: no order-book sample. 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 Aevo no order-book sample
Sell GMX no order-book sample
Aevo and GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h66.490−0.062%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.560+0.043%$155.3M$167.7M100xas long as short
SunX XAG-USDT0.0000%4h66.560+0.043%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.610+0.118%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.600+0.103%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.476−0.083%$120K250xas long as short
Hotstuff SILVER-PERP+0.0008%1h66.516−0.023%$35K$21K20xas long as short
Bybit XAGUSDT+0.0010%4h66.560+0.043%$26.1M$35.3M150xas long as short
Lighter RH XAG+0.0032%1h66.524−0.011%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.476−0.084%$5.4M$12.4M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400−0.197%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.560+0.043%$801K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.979+0.673%25xas long as short
Phoenix SILVER+0.0048%1h66.543+0.018%$56K$26K25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h66.508−0.035%$165.4M$85.5M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.512−0.029%$3.9M$700K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.473−0.088%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.450−0.122%$5.7M$9.7M25xas long as short
QFEX SILVER-USD+0.0051%1h66.540+0.013%$115K$2.8M20xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.503−0.042%$566K$21.5M8.1xas long as short
Aster XAGUSDT+0.0083%4h66.538+0.010%$2.8M$1.1M100xas long as short
Variational Omni XAG+0.0087%4h66.545+0.020%$5.6M$9.9Mas long as short
Paradex XAG-USD-PERP+0.0094%8h66.540+0.014%$30K$1K5xas long as short
MEXC SILVER_USDT+0.0098%4h66.540+0.013%$108.4M$160.2M1000xas long as short
Binance XAGUSDT+0.0099%4h66.547+0.024%$192.4M$721.8M100xas long as short
Pacifica XAG+0.0100%1h66.496−0.053%$475K$626K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.510−0.032%$24.6M$4.5M75xas long as short
GRVT XAG_USDT_Perp+0.0100%4h66.606+0.112%$394K$1.5M25xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.540+0.013%$127K$24K50xas long as short
Aevo XAG-PERPlong+0.0104%1h66.531long leg$48K10x
BloFin XAG-USDT+0.0111%4h66.600+0.103%$2.6M$703K100xas long as short
Lighter XAG+0.0112%1h66.5310.000%$5.4M$10.5M25xas long as short
edgeX XAGUSDC+0.0117%4h66.616+0.127%$676K$315K30xas long as short
RISEx XAG/USDC+0.0148%1h66.552+0.032%$1.3M$4.3M20xas long as short
Nado XAG-PERP+0.0164%1h66.501−0.045%$1.3M$6.5M10xas long as short
Bitget XAGUSDT+0.0170%4h66.550+0.028%$24.5M$48.1M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.580+0.073%$1.9M$929K20xas long as short
OKX XAG-USDT-SWAP+0.0189%8h66.550+0.028%$27.9M$67.2M50xas long as short
Aftermath Perps XAGUSD+0.0190%1h66.532+0.001%$80K$39K10xas long as short
Bullet SILVER-USD+0.0219%1h66.549+0.027%$45K$76K10xas long as short
Hibachi XAG/USDT-P+0.0240%1h66.513−0.028%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]shortL +0.0291% / S −0.0281%1h66.545+0.021%$103K111x
Kraken Futures PF_XAGUSD+0.0489%1h66.508−0.034%$765K$565K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0502%1h66.530−0.002%$50K$336K20xas long as short