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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
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
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 −$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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SILVER/USD [ETH-USDC]65.585L +0.0238% / S −0.0196%pay 0.0030% / 1h58m 46s$93K111x
ShortAftermath Perps XAGUSD65.5370.0197get 0.0025% / 1h58m 46s$79K$37K10x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP−0.0220%1h64.602−1.499%$11K$24052xas long as short
Ondo Perps XAG-USD.P−0.0040%1h65.530−0.084%$5.7M$10.2M25xas long as short
dYdX XAG-USD0.0000%1h65.592+0.011%$12K$6K5xas long as short
Gate XAG_USDT0.0000%4h65.600+0.023%$138.0M$191.6M100xas long as short
SunX XAG-USDT0.0000%4h65.610+0.038%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.640+0.084%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.580−0.008%$1.5M$253K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.591+0.009%$119K250xas long as short
Lighter RH XAG+0.0032%1h65.604+0.029%$4.5M$9.2M25xas long as short
Extended XAG-USD+0.0032%1h65.530−0.084%$5.1M$12.0M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.600+0.023%$789K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.066+0.733%25xas long as short
QFEX SILVER-USD+0.0047%1h65.630+0.069%$436K$1.5M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.571−0.021%$174.3M$92.4M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.619+0.052%$3.8M$890K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.534−0.078%$3K$6K20xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0055%1h65.570−0.023%$77K$435K20xas long as short
Nado XAG-PERP+0.0061%1h65.601+0.024%$1.3M$4.1M10xas long as short
Variational Omni XAG+0.0076%4h65.573−0.018%$5.4M$9.1Mas long as short
Paradex XAG-USD-PERP+0.0078%8h65.608+0.035%$29K$1665xas long as short
Coinbase International SILVER-PERP-INTX+0.0088%1h65.570−0.023%$1.6M$1.6M20xas long as short
Kalshi KXSILVERPERP+0.0090%24h65.646+0.093%$660K$36.2M8.1xas long as short
Pacifica XAG+0.0100%1h65.581−0.006%$467K$588K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.550−0.053%$25.3M$4.6M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.570−0.023%$112K$19K50xas long as short
Phoenix SILVER+0.0111%1h65.549−0.055%$56K$12K25xas long as short
Binance XAGUSDT+0.0120%4h65.602+0.026%$193.7M$822.2M100xas long as short
Hotstuff SILVER-PERP+0.0120%1h65.612+0.041%$35K$22K20xas long as short
MEXC SILVER_USDT+0.0120%4h65.580−0.008%$114.8M$156.3M1000xas long as short
Aevo XAG-PERP+0.0120%1h65.579−0.009%$47K10xas long as short
edgeX XAGUSDC+0.0128%4h65.632+0.072%$669K$315K30xas long as short
Aster XAGUSDT+0.0135%4h65.597+0.019%$2.7M$1.1M100xas long as short
Bullet SILVER-USD+0.0184%1h65.636+0.078%$45K$75K10xas long as short
Aftermath Perps XAGUSDshort+0.0197%1h65.537−0.074%$79K$37K10x
RISEx XAG/USDC+0.0206%1h65.630+0.069%$1.2M$4.9M20xas long as short
Lighter XAG+0.0208%1h65.614+0.045%$5.1M$11.2M25xas long as short
OKX XAG-USDT-SWAP+0.0211%8h65.590+0.008%$28.3M$81.1M50xas long as short
Bitget XAGUSDT+0.0232%4h65.600+0.023%$23.0M$49.4M100xas long as short
GMX SILVER/USD [ETH-USDC]longL +0.0238% / S −0.0196%1h65.585long leg$93K111x
Bybit XAGUSDT+0.0275%4h65.600+0.023%$30.6M$45.0M150xas long as short
GRVT XAG_USDT_Perp+0.0302%4h65.567−0.028%$384K$1.6M25xas long as short
BloFin XAG-USDT+0.0362%4h65.620+0.053%$2.7M$711K100xas long as short
Hibachi XAG/USDT-P+0.0368%1h65.589+0.006%$21K$12K10xas long as short
Kraken Futures PF_XAGUSD+0.0772%1h65.587+0.003%$1.0M$893K25xas long as short