XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0408%/8h= +44.7% APRnext payment +$0.51 per $10,000 · paid last 24h +0.047%

Price spread now: GMX against Extended+0.082%7-day average +0.060% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.120%+$12 on $10k

Price spread, last 4 days (all we have)+0.089%+$9 · spread now +0.082%, 7d avg +0.060%

Together, before fees+0.209%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GMX is 0.023% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.060%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.120% in total (about 13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	66.011	0.0032	pay 0.0004% / 1h	22m 51s	$5.2M	$11.5M	10x
Short	GMX SILVER/USD [ETH-USDC]	66.065	L +0.0388% / S −0.0440%	get 0.0055% / 1h	22m 51s	$105K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee GMXbpOrdersPrice spread, now +0.082%Rate

Funding earned: $85.78
Price spread: +0.082% → +0.060%: $2.26
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: $71.04
Costs to cover: 0.170%
Break-even: 1.2 days

Slippage unknown: Extended: live order book, 1 min ago; 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 Extended live order book, 1 min ago	0.08 bp	3.9 bp −$4	5.8 bp −$58	13.5 bp −$1,346	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0057%	1h	65.920	−0.137%	$5.7M	$9.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.989	−0.033%	$15K	—	5x	as long as short
SunX XAG-USDT	0.0000%	4h	66.060	+0.075%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.060	+0.075%	$1.0M	$957K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.070	+0.090%	$1.5M	$320K	100x	as long as short
Gate XAG_USDT	+0.0002%	4h	66.090	+0.120%	$150.0M	$163.8M	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.002	−0.013%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.050	+0.059%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USDlong	+0.0032%	1h	66.011	long leg	$5.2M	$11.5M	10x
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.590%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.020	+0.014%	$794K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.471	+0.697%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.018	+0.011%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.002	−0.013%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0051%	1h	66.026	+0.023%	$166.5M	$73.8M	25x	as long as short
Paradex XAG-USD-PERP	+0.0057%	8h	66.030	+0.030%	$30K	$1K	5x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.030	+0.029%	$114K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0073%	1h	65.963	−0.072%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	66.006	−0.007%	$517K	$26.1M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0080%	1h	65.992	−0.028%	$35K	$21K	20x	as long as short
RISEx XAG/USDC	+0.0080%	1h	66.054	+0.065%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.988	−0.034%	$470K	$608K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.040	+0.045%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.980	−0.046%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0104%	1h	66.052	+0.063%	$5.2M	$10.7M	25x	as long as short
Aster XAGUSDT	+0.0130%	4h	66.070	+0.090%	$2.7M	$866K	100x	as long as short
Bybit XAGUSDT	+0.0132%	4h	66.090	+0.120%	$27.8M	$36.6M	150x	as long as short
BloFin XAG-USDT	+0.0160%	4h	66.040	+0.045%	$2.6M	$563K	100x	as long as short
Nado XAG-PERP	+0.0171%	1h	66.011	+0.001%	$1.4M	$5.8M	10x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.040	+0.045%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0178%	4h	66.013	+0.003%	$5.6M	$9.4M	—	as long as short
MEXC SILVER_USDT	+0.0186%	4h	66.060	+0.075%	$114.7M	$152.6M	1000x	as long as short
Binance XAGUSDT	+0.0187%	4h	66.070	+0.090%	$191.2M	$701.7M	100x	as long as short
Aftermath Perps XAGUSD	+0.0192%	1h	65.982	−0.043%	$79K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0196%	4h	66.015	+0.006%	$670K	$310K	30x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.050	+0.060%	$75K	$363K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0206%	4h	66.026	+0.024%	$394K	$1.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.092%	$1.8M	$1.0M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0226%	8h	66.070	+0.090%	$27.7M	$64.6M	50x	as long as short
Bullet SILVER-USD	+0.0228%	1h	66.059	+0.073%	$45K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0230%	4h	66.070	+0.090%	$24.0M	$45.2M	100x	as long as short
Hibachi XAG/USDT-P	+0.0304%	1h	65.970	−0.062%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]short	L +0.0388% / S −0.0440%	1h	66.065	+0.082%	$105K	—	111x
Kraken Futures PF_XAGUSD	+0.0624%	1h	66.024	+0.020%	$911K	$683K	25x	as long as short