Funding you earn now, next payment 07:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.01 per $10,000 · paid last 24h +0.008%
Price spread now: GMX against Bullet+0.001%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SILVER-USD | 65.344 | 0.0208 | pay 0.0026% / 1h | 0m 22s | $44K | $75K | 10x |
| Short | GMX SILVER/USD [ETH-USDC] | 65.345 | L +0.0238% / S −0.0196% | get 0.0024% / 1h | 0m 22s | $93K | — | 111x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bullet. 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
- −$2.5
- Price spread: +0.001% → 0.000%
- $0.09
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$22.4
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bullet: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bullet no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Bullet 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0069% | 1h | 65.210 | −0.206% | $5.6M | $9.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0008% | 1h | 65.239 | −0.161% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.233 | −0.170% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.350 | +0.009% | $27.8M | $39.6M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.350 | +0.009% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.350 | +0.009% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.360 | +0.024% | $1.5M | $281K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.279 | −0.099% | $118K | — | 250x | as long as short |
| Variational Omni XAG | +0.0030% | 4h | 65.314 | −0.047% | $5.5M | $9.2M | — | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.346 | +0.002% | $4.6M | $9.8M | 25x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.281 | −0.097% | $5.1M | $11.6M | 10x | as long as short |
| Gate XAG_USDT | +0.0032% | 4h | 65.370 | +0.039% | $141.4M | $184.9M | 100x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.615% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.300 | −0.068% | $785K | $2.9M | 40x | as long as short |
| Aster XAGUSDT | +0.0042% | 4h | 65.340 | −0.007% | $2.7M | $977K | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.741 | +0.607% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.320 | −0.037% | $152K | $1.4M | 20x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.304 | −0.062% | $3.8M | $854K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.280 | −0.099% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0053% | 8h | 65.308 | −0.056% | $29K | $1K | 5x | as long as short |
| MEXC SILVER_USDT | +0.0054% | 4h | 65.330 | −0.022% | $116.5M | $158.1M | 1000x | as long as short |
| Binance XAGUSDT | +0.0056% | 4h | 65.340 | −0.007% | $191.5M | $764.0M | 100x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.332 | −0.019% | $1.2M | $4.9M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0061% | 1h | 65.308 | −0.056% | $170.5M | $83.1M | 25x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.274 | −0.108% | $56K | $31K | 25x | as long as short |
| edgeX XAGUSDC | +0.0064% | 4h | 65.236 | −0.165% | $664K | $314K | 30x | as long as short |
| Aevo XAG-PERP | +0.0072% | 1h | 65.328 | −0.026% | $47K | — | 10x | as long as short |
| Kalshi KXSILVERPERP | +0.0079% | 24h | 65.291 | −0.082% | $477K | $31.2M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.268 | −0.118% | $468K | $625K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.290 | −0.083% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.310 | −0.053% | $112K | $19K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.230 | −0.175% | $1.6M | $1.4M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0140% | 4h | 65.286 | −0.089% | $391K | $1.6M | 25x | as long as short |
| Nado XAG-PERP | +0.0153% | 1h | 65.279 | −0.099% | $1.2M | $5.1M | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0160% | 1h | 65.265 | −0.121% | $20K | $19K | 10x | as long as short |
| Lighter XAG | +0.0168% | 1h | 65.353 | +0.012% | $5.3M | $11.6M | 25x | as long as short |
| Bitget XAGUSDT | +0.0170% | 4h | 65.340 | −0.007% | $23.7M | $46.2M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0184% | 8h | 65.340 | −0.007% | $28.1M | $71.1M | 50x | as long as short |
| Bullet SILVER-USDlong | +0.0208% | 1h | 65.344 | long leg | $44K | $75K | 10x | |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.330 | −0.022% | $66K | $385K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0214% | 1h | 65.295 | −0.076% | $78K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0224% | 4h | 65.310 | −0.053% | $2.6M | $598K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC]short | L +0.0238% / S −0.0196% | 1h | 65.345 | +0.001% | $93K | — | 111x | |
| Kraken Futures PF_XAGUSD | +0.0493% | 1h | 65.314 | −0.047% | $1.0M | $877K | 25x | as long as short |
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Variational Omni XAG
Lighter RH XAG
Extended XAG-USD
Gate XAG_USDT
Injective XAG/USDC PERP
StandX XAG-USD
Aster XAGUSDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
MEXC SILVER_USDT
Binance XAGUSDT
RISEx XAG/USDC
tradeXYZ xyz:SILVER
Phoenix SILVER
edgeX XAGUSDC
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Lighter XAG
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
Kraken Futures PF_XAGUSD