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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0407%/8h= +44.5% APRnext payment +$0.51 per $10,000 · paid last 24h +0.012%
Price spread now: GMX against Aftermath Perps+0.060%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 +$12 a day on $10k at the current rate, and GMX is 0.060% dearer against Aftermath Perps than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XAGUSD65.9650.0013pay 0.0002% / 1h7m 08s$79K$40K10x
ShortGMX SILVER/USD [ETH-USDC]66.005L +0.0392% / S −0.0419%get 0.0052% / 1h7m 08s$102K29x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aftermath Perps. 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
$85.43
Price spread: +0.060% → 0.000%
$6.05
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
$70.48
Costs to cover
0.210%
Break-even
1.2 days
Slippage unknown: Aftermath Perps: 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 Aftermath Perps no order-book sample
Sell GMX no order-book sample
Aftermath Perps 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 42 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
Deribit SILVER_USDC-PERPETUAL−0.0053%1h66.010+0.068%$76K$361K20xas long as short
Nado XAG-PERP−0.0002%1h65.996+0.048%$1.3M$6.5M10xas long as short
dYdX XAG-USD0.0000%1h65.934−0.048%$14K5xas long as short
Bybit XAGUSDT0.0000%4h66.000+0.053%$25.7M$36.2M150xas long as short
Gate XAG_USDT0.0000%4h66.000+0.053%$147.1M$185.5M100xas long as short
Bullet SILVER-USD0.0000%1h66.019+0.082%$44K$74K10xas long as short
SunX XAG-USDT0.0000%4h66.000+0.053%$2K$3.4M20xas long as short
HTX XAG-USDT0.0000%4h66.040+0.114%$1.0M$1.2M75xas long as short
Phemex XAGUSDT0.0000%4h66.030+0.098%$1.5M$249K100xas long as short
Aftermath Perps XAGUSDlong+0.0013%1h65.965long leg$79K$40K10x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XAG+0.0032%1h65.991+0.039%$5.1M$11.5M25xas long as short
Lighter RH XAG+0.0032%1h65.992+0.041%$4.4M$10.0M25xas long as short
Extended XAG-USD+0.0032%1h66.030+0.098%$5.3M$14.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.659%$11K$94K52xas long as short
Aster XAGUSDT+0.0038%4h66.036+0.107%$2.8M$1.1M100xas long as short
StandX XAG-USD+0.0040%1h66.020+0.083%$790K$2.8M40xas long as short
Vest SI-PERP+0.0046%1h66.525+0.849%25xas long as short
Bitget XAGUSDT+0.0046%4h66.000+0.053%$23.7M$52.4M100xas long as short
Ondo Perps XAG-USD.P+0.0049%1h65.930−0.053%$5.4M$9.8M25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.978+0.020%$164.4M$94.8M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.966+0.001%$3.9M$743K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.995+0.045%$4K$5K20xas long as short
Kalshi KXSILVERPERP+0.0055%24h65.925−0.061%$637K$21.8M8.1xas long as short
BloFin XAG-USDT+0.0060%4h65.950−0.023%$2.6M$1.2M100xas long as short
GRVT XAG_USDT_Perp+0.0070%4h65.949−0.024%$389K$1.6M25xas long as short
Phoenix SILVER+0.0073%1h66.027+0.094%$56K$26K25xas long as short
QFEX SILVER-USD+0.0080%1h66.000+0.053%$143K$2.8M20xas long as short
Binance XAGUSDT+0.0082%4h66.000+0.053%$190.2M$799.7M100xas long as short
Aevo XAG-PERP+0.0088%1h66.021+0.084%$47K10xas long as short
MEXC SILVER_USDT+0.0092%4h66.010+0.068%$122.7M$192.5M1000xas long as short
Pacifica XAG+0.0100%1h65.985+0.030%$472K$645K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.960−0.008%$24.2M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.040+0.114%$112K$85K50xas long as short
Paradex XAG-USD-PERP+0.0101%8h65.990+0.037%$30K$1K5xas long as short
Variational Omni XAG+0.0107%4h66.053+0.134%$5.3M$11.4Mas long as short
edgeX XAGUSDC+0.0108%4h66.053+0.134%$670K$314K30xas long as short
OKX XAG-USDT-SWAP+0.0151%8h65.990+0.038%$27.5M$70.0M50xas long as short
Coinbase International SILVER-PERP-INTX+0.0200%1h65.920−0.068%$1.9M$1.2M20xas long as short
Hotstuff SILVER-PERP+0.0320%1h65.990+0.038%$35K$21K20xas long as short
GMX SILVER/USD [ETH-USDC]shortL +0.0392% / S −0.0419%1h66.005+0.060%$102K29x
RISEx XAG/USDC+0.0432%1h66.000+0.053%$1.3M$4.4M20xas long as short
Kraken Futures PF_XAGUSD+0.0615%1h65.962−0.004%$774K$616K25xas long as short