XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0186%/8h= −20.4% APRnext payment −$0.23 per $10,000 · paid last 24h −0.013%

Price spread now: Bullet against GMX+0.020%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Bullet

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SILVER/USD [ETH-USDC]	65.365	L +0.0320% / S −0.0301%	pay 0.0040% / 1h	48m 12s	$93K	—	111x
Short	Bullet SILVER-USD	65.378	0.0134	get 0.0017% / 1h	48m 12s	$44K	$76K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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

Position, each leg$Hold fordaysFee GMXbpFee BulletbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$39.07
Price spread: +0.020% → 0.000%: $1.99
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$57.08
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Bullet: 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 Bullet no order-book sample	—	—	—	—	—

GMX and Bullet: 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
Hibachi XAG/USDT-P	−0.0120%	1h	65.399	+0.052%	$20K	$19K	10x	as long as short
Ondo Perps XAG-USD.P	−0.0082%	1h	65.330	−0.054%	$5.6M	$9.7M	25x	as long as short
Hotstuff SILVER-PERP	−0.0024%	1h	65.449	+0.129%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.406	+0.063%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.400	+0.054%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.470	+0.161%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.410	+0.069%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.319	−0.071%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0030%	4h	65.410	+0.069%	$141.4M	$179.6M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.382	+0.025%	$4.7M	$9.6M	25x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.333	−0.049%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.583%	$11K	$94K	52x	as long as short
Bybit XAGUSDT	+0.0036%	4h	65.400	+0.054%	$28.6M	$39.6M	150x	as long as short
StandX XAG-USD	+0.0040%	1h	65.460	+0.145%	$787K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.832	+0.714%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.390	+0.038%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.362	−0.005%	$170.4M	$83.3M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.341	−0.037%	$3.8M	$716K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.341	−0.037%	$3K	$6K	20x	as long as short
Aster XAGUSDT	+0.0051%	4h	65.390	+0.038%	$2.7M	$964K	100x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0056%	1h	65.370	+0.008%	$65K	$371K	20x	as long as short
Paradex XAG-USD-PERP	+0.0059%	8h	65.444	+0.121%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.430	+0.099%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.561	+0.300%	$56K	$31K	25x	as long as short
Lighter XAG	+0.0072%	1h	65.391	+0.040%	$5.4M	$11.3M	25x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.382	+0.026%	$510K	$30.0M	8.1x	as long as short
Variational Omni XAG	+0.0084%	4h	65.404	+0.060%	$5.5M	$9.4M	—	as long as short
Binance XAGUSDT	+0.0088%	4h	65.381	+0.025%	$189.3M	$762.0M	100x	as long as short
MEXC SILVER_USDT	+0.0088%	4h	65.380	+0.023%	$113.7M	$156.7M	1000x	as long as short
Aevo XAG-PERP	+0.0096%	1h	65.365	−0.001%	$47K	—	10x	as long as short
Pacifica XAG	+0.0100%	1h	65.414	+0.075%	$467K	$627K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.360	−0.008%	$24.6M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.470	+0.161%	$112K	$19K	50x	as long as short
Nado XAG-PERP	+0.0102%	1h	65.375	+0.016%	$1.2M	$5.5M	10x	as long as short
edgeX XAGUSDC	+0.0108%	4h	65.508	+0.219%	$667K	$313K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.380	+0.023%	$1.6M	$1.4M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0132%	4h	65.425	+0.093%	$384K	$1.5M	25x	as long as short
Bullet SILVER-USDshort	+0.0134%	1h	65.378	+0.020%	$44K	$76K	10x
Bitget XAGUSDT	+0.0188%	4h	65.390	+0.038%	$23.8M	$46.6M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0193%	8h	65.390	+0.038%	$27.8M	$71.1M	50x	as long as short
Aftermath Perps XAGUSD	+0.0210%	1h	65.452	+0.134%	$79K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]long	L +0.0320% / S −0.0301%	1h	65.365	long leg	$93K	—	111x
BloFin XAG-USDT	+0.0329%	4h	65.470	+0.161%	$2.6M	$617K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0493%	1h	65.357	−0.013%	$916K	$746K	25x	as long as short