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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0157%/8h= −17.2% APRnext payment $0.20 per $10,000 · paid last 24h −0.049%
Price spread now: Aevo against GMX−0.034%7-day average · you buy dearer than you sell
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 4 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 against this trade now: funding costs −$5 a day on $10k at the current rate, and Aevo is 0.034% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SILVER/USD [ETH-USDC]65.745L +0.0269% / S −0.0236%pay 0.0034% / 1h51m 27s$93K111x
ShortAevo XAG-PERP65.7220.0112get 0.0014% / 1h51m 27s$47K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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
−$32.9
Price spread: −0.034% → 0.000%
−$3.43
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$64.33
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Aevo: 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 GMX no order-book sample
Sell Aevo no order-book sample
GMX and Aevo: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP−1.5176%1h65.532−0.324%$36K$23K20xas long as short
dYdX XAG-USD0.0000%1h65.651−0.143%$13K$8K5xas long as short
Gate XAG_USDT0.0000%4h65.700−0.068%$138.6M$204.0M100xas long as short
SunX XAG-USDT0.0000%4h65.750+0.008%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.790+0.068%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.750+0.008%$1.5M$251K100xas long as short
Ondo Perps XAG-USD.P+0.0002%1h65.580−0.251%$5.7M$11.0M25xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.658−0.133%$119K250xas long as short
Lighter RH XAG+0.0032%1h65.662−0.126%$4.5M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h65.620−0.190%$5.1M$11.8M10xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h64.602−1.739%$11K$24052xas long as short
StandX XAG-USD+0.0040%1h65.690−0.084%$790K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.115+0.563%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.656−0.135%$3.8M$893K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.634−0.169%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h65.670−0.114%$447K$1.4M20xas long as short
tradeXYZ xyz:SILVER+0.0052%1h65.650−0.144%$174.6M$94.0M25xas long as short
Paradex XAG-USD-PERP+0.0056%8h65.658−0.132%$29K$1665xas long as short
Variational Omni XAG+0.0096%4h65.678−0.102%$5.7M$9.1Mas long as short
Kalshi KXSILVERPERP+0.0099%24h65.716−0.044%$711K$38.6M8.1xas long as short
Pacifica XAG+0.0100%1h65.617−0.195%$467K$570K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.650−0.144%$25.4M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.670−0.114%$112K$19K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h65.690−0.084%$1.6M$1.9M20xas long as short
Aster XAGUSDT+0.0111%4h65.680−0.099%$2.7M$1.1M100xas long as short
Aevo XAG-PERPshort+0.0112%1h65.722−0.034%$47K10x
Binance XAGUSDT+0.0113%4h65.683−0.095%$191.8M$864.6M100xas long as short
MEXC SILVER_USDT+0.0114%4h65.660−0.129%$121.9M$162.8M1000xas long as short
RISEx XAG/USDC+0.0116%1h65.689−0.085%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0122%1h65.676−0.105%$55K$14K25xas long as short
Bybit XAGUSDT+0.0137%4h65.700−0.068%$30.6M$48.2M150xas long as short
edgeX XAGUSDC+0.0138%4h65.690−0.084%$669K$314K30xas long as short
GRVT XAG_USDT_Perp+0.0140%4h65.730−0.023%$396K$1.5M25xas long as short
Nado XAG-PERP+0.0141%1h65.649−0.146%$1.2M$3.6M10xas long as short
Lighter XAG+0.0152%1h65.674−0.108%$5.2M$11.6M25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0207%1h65.720−0.038%$77K$411K20xas long as short
Bullet SILVER-USD+0.0209%1h65.755+0.015%$45K$74K10xas long as short
OKX XAG-USDT-SWAP+0.0213%8h65.700−0.068%$28.0M$85.9M50xas long as short
Aftermath Perps XAGUSD+0.0216%1h65.665−0.122%$79K$37K10xas long as short
Bitget XAGUSDT+0.0244%4h65.700−0.068%$23.2M$52.8M100xas long as short
Hibachi XAG/USDT-P+0.0264%1h65.696−0.074%$21K$12K10xas long as short
GMX SILVER/USD [ETH-USDC]longL +0.0269% / S −0.0236%1h65.745long leg$93K111x
BloFin XAG-USDT+0.0358%4h65.720−0.038%$2.7M$772K100xas long as short
Kraken Futures PF_XAGUSD+0.0547%1h65.712−0.050%$1.0M$943K25xas long as short