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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
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
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
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet SILVER-USD65.3440.0208pay 0.0026% / 1h0m 22s$44K$75K10x
ShortGMX SILVER/USD [ETH-USDC]65.345L +0.0238% / S −0.0196%get 0.0024% / 1h0m 22s$93K111x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0069%1h65.210−0.206%$5.6M$9.7M25xas long as short
Hotstuff SILVER-PERP−0.0008%1h65.239−0.161%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.233−0.170%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.350+0.009%$27.8M$39.6M150xas long as short
SunX XAG-USDT0.0000%4h65.350+0.009%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.350+0.009%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.360+0.024%$1.5M$281K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.279−0.099%$118K250xas long as short
Variational Omni XAG+0.0030%4h65.314−0.047%$5.5M$9.2Mas long as short
Lighter RH XAG+0.0032%1h65.346+0.002%$4.6M$9.8M25xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.281−0.097%$5.1M$11.6M10xas long as short
Gate XAG_USDT+0.0032%4h65.370+0.039%$141.4M$184.9M100xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.615%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h65.300−0.068%$785K$2.9M40xas long as short
Aster XAGUSDT+0.0042%4h65.340−0.007%$2.7M$977K100xas long as short
Vest SI-PERP+0.0046%1h65.741+0.607%25xas long as short
QFEX SILVER-USD+0.0050%1h65.320−0.037%$152K$1.4M20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.304−0.062%$3.8M$854K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.280−0.099%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.308−0.056%$29K$1K5xas long as short
MEXC SILVER_USDT+0.0054%4h65.330−0.022%$116.5M$158.1M1000xas long as short
Binance XAGUSDT+0.0056%4h65.340−0.007%$191.5M$764.0M100xas long as short
RISEx XAG/USDC+0.0061%1h65.332−0.019%$1.2M$4.9M20xas long as short
tradeXYZ xyz:SILVER+0.0061%1h65.308−0.056%$170.5M$83.1M25xas long as short
Phoenix SILVER+0.0061%1h65.274−0.108%$56K$31K25xas long as short
edgeX XAGUSDC+0.0064%4h65.236−0.165%$664K$314K30xas long as short
Aevo XAG-PERP+0.0072%1h65.328−0.026%$47K10xas long as short
Kalshi KXSILVERPERP+0.0079%24h65.291−0.082%$477K$31.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.268−0.118%$468K$625K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.290−0.083%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.310−0.053%$112K$19K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.230−0.175%$1.6M$1.4M20xas long as short
GRVT XAG_USDT_Perp+0.0140%4h65.286−0.089%$391K$1.6M25xas long as short
Nado XAG-PERP+0.0153%1h65.279−0.099%$1.2M$5.1M10xas long as short
Hibachi XAG/USDT-P+0.0160%1h65.265−0.121%$20K$19K10xas long as short
Lighter XAG+0.0168%1h65.353+0.012%$5.3M$11.6M25xas long as short
Bitget XAGUSDT+0.0170%4h65.340−0.007%$23.7M$46.2M100xas long as short
OKX XAG-USDT-SWAP+0.0184%8h65.340−0.007%$28.1M$71.1M50xas long as short
Bullet SILVER-USDlong+0.0208%1h65.344long leg$44K$75K10x
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.330−0.022%$66K$385K20xas long as short
Aftermath Perps XAGUSD+0.0214%1h65.295−0.076%$78K$37K10xas long as short
BloFin XAG-USDT+0.0224%4h65.310−0.053%$2.6M$598K100xas long as short
GMX SILVER/USD [ETH-USDC]shortL +0.0238% / S −0.0196%1h65.345+0.001%$93K111x
Kraken Futures PF_XAGUSD+0.0493%1h65.314−0.047%$1.0M$877K25xas long as short