Funding you earn now, next payment 09:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.032%
Price spread now: Aftermath Perps against GMX−0.074%118s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aftermath Perps is 0.074% cheaper against GMX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 118 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SILVER/USD [ETH-USDC] | 65.585 | L +0.0238% / S −0.0196% | pay 0.0030% / 1h | 58m 46s | $93K | — | 111x |
| Short | Aftermath Perps XAGUSD | 65.537 | 0.0197 | get 0.0025% / 1h | 58m 46s | $79K | $37K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against GMX. 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
- −$8.62
- Price spread: −0.074% → 0.000%
- −$7.36
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$36.98
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Aftermath Perps: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
GMX and Aftermath Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | −0.0220% | 1h | 64.602 | −1.499% | $11K | $240 | 52x | as long as short |
| Ondo Perps XAG-USD.P | −0.0040% | 1h | 65.530 | −0.084% | $5.7M | $10.2M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.592 | +0.011% | $12K | $6K | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 65.600 | +0.023% | $138.0M | $191.6M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.610 | +0.038% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.640 | +0.084% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.580 | −0.008% | $1.5M | $253K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.591 | +0.009% | $119K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.604 | +0.029% | $4.5M | $9.2M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.530 | −0.084% | $5.1M | $12.0M | 10x | 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 | 65.600 | +0.023% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.066 | +0.733% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0047% | 1h | 65.630 | +0.069% | $436K | $1.5M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.571 | −0.021% | $174.3M | $92.4M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.619 | +0.052% | $3.8M | $890K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.534 | −0.078% | $3K | $6K | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0055% | 1h | 65.570 | −0.023% | $77K | $435K | 20x | as long as short |
| Nado XAG-PERP | +0.0061% | 1h | 65.601 | +0.024% | $1.3M | $4.1M | 10x | as long as short |
| Variational Omni XAG | +0.0076% | 4h | 65.573 | −0.018% | $5.4M | $9.1M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0078% | 8h | 65.608 | +0.035% | $29K | $166 | 5x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0088% | 1h | 65.570 | −0.023% | $1.6M | $1.6M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0090% | 24h | 65.646 | +0.093% | $660K | $36.2M | 8.1x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.581 | −0.006% | $467K | $588K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.550 | −0.053% | $25.3M | $4.6M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.570 | −0.023% | $112K | $19K | 50x | as long as short |
| Phoenix SILVER | +0.0111% | 1h | 65.549 | −0.055% | $56K | $12K | 25x | as long as short |
| Binance XAGUSDT | +0.0120% | 4h | 65.602 | +0.026% | $193.7M | $822.2M | 100x | as long as short |
| Hotstuff SILVER-PERP | +0.0120% | 1h | 65.612 | +0.041% | $35K | $22K | 20x | as long as short |
| MEXC SILVER_USDT | +0.0120% | 4h | 65.580 | −0.008% | $114.8M | $156.3M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0120% | 1h | 65.579 | −0.009% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0128% | 4h | 65.632 | +0.072% | $669K | $315K | 30x | as long as short |
| Aster XAGUSDT | +0.0135% | 4h | 65.597 | +0.019% | $2.7M | $1.1M | 100x | as long as short |
| Bullet SILVER-USD | +0.0184% | 1h | 65.636 | +0.078% | $45K | $75K | 10x | as long as short |
| Aftermath Perps XAGUSDshort | +0.0197% | 1h | 65.537 | −0.074% | $79K | $37K | 10x | |
| RISEx XAG/USDC | +0.0206% | 1h | 65.630 | +0.069% | $1.2M | $4.9M | 20x | as long as short |
| Lighter XAG | +0.0208% | 1h | 65.614 | +0.045% | $5.1M | $11.2M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0211% | 8h | 65.590 | +0.008% | $28.3M | $81.1M | 50x | as long as short |
| Bitget XAGUSDT | +0.0232% | 4h | 65.600 | +0.023% | $23.0M | $49.4M | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC]long | L +0.0238% / S −0.0196% | 1h | 65.585 | long leg | $93K | — | 111x | |
| Bybit XAGUSDT | +0.0275% | 4h | 65.600 | +0.023% | $30.6M | $45.0M | 150x | as long as short |
| GRVT XAG_USDT_Perp | +0.0302% | 4h | 65.567 | −0.028% | $384K | $1.6M | 25x | as long as short |
| BloFin XAG-USDT | +0.0362% | 4h | 65.620 | +0.053% | $2.7M | $711K | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0368% | 1h | 65.589 | +0.006% | $21K | $12K | 10x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0772% | 1h | 65.587 | +0.003% | $1.0M | $893K | 25x | as long as short |
GMX SILVER/USD [ETH-USDC]
Aftermath Perps XAGUSD
Injective XAG/USDC PERP
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
StandX XAG-USD
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Deribit SILVER_USDC-PERPETUAL
Variational Omni XAG
Paradex XAG-USD-PERP
Coinbase International SILVER-PERP-INTX
Kalshi KXSILVERPERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Phoenix SILVER
Binance XAGUSDT
MEXC SILVER_USDT
edgeX XAGUSDC
Aster XAGUSDT
Bullet SILVER-USD
RISEx XAG/USDC
Lighter XAG
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Bybit XAGUSDT
GRVT XAG_USDT_Perp
BloFin XAG-USDT
Kraken Futures PF_XAGUSD