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+0.0281%/8h= +30.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.056%
Price spread now: GMX against dYdX+0.068%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 +$8 a day on $10k at the current rate, and GMX is 0.068% dearer against dYdX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XAG-USD66.4900get 0.0000% / 1h26m 18s$15K5x
ShortGMX SILVER/USD [ETH-USDC]66.535L +0.0291% / S −0.0281%get 0.0035% / 1h26m 18s$103K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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
$58.99
Price spread: +0.068% → 0.000%
$6.81
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$43.8
Costs to cover
0.220%
Break-even
1.8 days
Slippage unknown: dYdX: 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 dYdX no order-book sample
Sell GMX no order-book sample
dYdX 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-USDlong0.0000%1h66.490long leg$15K5x
Bybit XAGUSDT0.0000%4h66.530+0.061%$25.9M$35.4M150xas long as short
Gate XAG_USDT0.0000%4h66.530+0.061%$155.0M$168.0M100xas long as short
SunX XAG-USDT0.0000%4h66.550+0.091%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.590+0.151%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.570+0.121%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.468−0.032%$120K250xas long as short
Hotstuff SILVER-PERP+0.0016%1h66.482−0.012%$35K$21K20xas long as short
Lighter RH XAG+0.0032%1h66.522+0.049%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.466−0.036%$5.4M$12.4M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400−0.135%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.550+0.091%$801K$2.7M40xas long as short
Vest SI-PERP+0.0046%1h66.954+0.698%25xas long as short
Phoenix SILVER+0.0048%1h66.492+0.003%$56K$26K25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.483−0.010%$3.9M$700K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.456−0.051%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.440−0.075%$5.7M$9.7M25xas long as short
QFEX SILVER-USD+0.0051%1h66.510+0.030%$115K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0051%1h66.482−0.012%$165.4M$85.6M25xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.493+0.005%$563K$21.5M8.1xas long as short
BloFin XAG-USDT+0.0064%4h66.590+0.151%$2.6M$703K100xas long as short
Aster XAGUSDT+0.0085%4h66.520+0.046%$2.8M$1.1M100xas long as short
Variational Omni XAG+0.0089%4h66.514+0.037%$5.6M$9.9Mas long as short
MEXC SILVER_USDT+0.0098%4h66.510+0.030%$108.7M$160.3M1000xas long as short
Paradex XAG-USD-PERP+0.0099%8h66.514+0.036%$30K$1K5xas long as short
edgeX XAGUSDC+0.0099%4h66.535+0.068%$675K$313K30xas long as short
Pacifica XAG+0.0100%1h66.476−0.021%$474K$623K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.4900.000%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.500+0.015%$126K$24K50xas long as short
Binance XAGUSDT+0.0101%4h66.523+0.049%$192.4M$722.0M100xas long as short
GRVT XAG_USDT_Perp+0.0104%4h66.559+0.104%$394K$1.5M25xas long as short
Aevo XAG-PERP+0.0104%1h66.513+0.035%$48K10xas long as short
Lighter XAG+0.0112%1h66.526+0.055%$5.4M$10.5M25xas long as short
RISEx XAG/USDC+0.0148%1h66.520+0.046%$1.3M$4.3M20xas long as short
Nado XAG-PERP+0.0167%1h66.463−0.040%$1.3M$6.5M10xas long as short
Bitget XAGUSDT+0.0172%4h66.530+0.061%$24.5M$48.0M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.580+0.136%$1.9M$929K20xas long as short
OKX XAG-USDT-SWAP+0.0191%8h66.530+0.061%$27.9M$67.2M50xas long as short
Aftermath Perps XAGUSD+0.0195%1h66.501+0.017%$80K$39K10xas long as short
Bullet SILVER-USD+0.0225%1h66.528+0.057%$45K$76K10xas long as short
Hibachi XAG/USDT-P+0.0232%1h66.483−0.011%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]shortL +0.0291% / S −0.0281%1h66.535+0.068%$103K111x
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.520+0.046%$50K$336K20xas long as short
Kraken Futures PF_XAGUSD+0.0489%1h66.512+0.033%$765K$565K25xas long as short