XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0291%/8h= −31.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.068%

Price spread now: dYdX against GMX−0.172%7-day average — · you buy dearer than you sell

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

Long on GMX Short on dYdX

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

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and dYdX is 0.172% cheaper against GMX than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SILVER/USD [ETH-USDC]	66.675	L +0.0291% / S −0.0281%	pay 0.0036% / 1h	17m 34s	$103K	—	111x
Short	dYdX XAG-USD	66.560	0	get 0.0000% / 1h	17m 34s	$15K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.172%Rate

Funding earned: −$61.08
Price spread: −0.172% → 0.000%: −$17.25
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$100.33
Costs to cover: 0.220%
Break-even: never at this rate

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

GMX and dYdX: 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
dYdX XAG-USDshort	0.0000%	1h	66.560	−0.172%	$15K	—	5x
Bybit XAGUSDT	0.0000%	4h	66.650	−0.037%	$26.2M	$34.6M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.650	−0.037%	$156.1M	$174.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.680	+0.007%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.670	−0.007%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.660	−0.022%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.610	−0.098%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.620	−0.083%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.575	−0.150%	$5.5M	$12.2M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.412%	$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
Phoenix SILVER	+0.0036%	1h	66.485	−0.285%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.530	−0.217%	$796K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	67.076	+0.601%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.601	−0.111%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.606	−0.103%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.530	−0.217%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0060%	24h	66.595	−0.120%	$583K	$21.4M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.610	−0.097%	$125K	$2.8M	20x	as long as short
BloFin XAG-USDT	+0.0068%	4h	66.550	−0.187%	$2.6M	$651K	100x	as long as short
tradeXYZ xyz:SILVER	+0.0072%	1h	66.600	−0.112%	$166.0M	$86.9M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.577	−0.147%	$481K	$618K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.610	−0.097%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.570	−0.157%	$127K	$26K	50x	as long as short
Paradex XAG-USD-PERP	+0.0106%	8h	66.619	−0.083%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0106%	4h	66.526	−0.223%	$5.6M	$10.1M	—	as long as short
Aster XAGUSDT	+0.0116%	4h	66.644	−0.046%	$2.8M	$1.1M	100x	as long as short
Lighter XAG	+0.0120%	1h	66.622	−0.080%	$5.2M	$10.4M	25x	as long as short
Aevo XAG-PERP	+0.0120%	1h	66.664	−0.017%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0124%	4h	66.620	−0.082%	$115.3M	$153.4M	1000x	as long as short
Binance XAGUSDT	+0.0125%	4h	66.630	−0.067%	$192.8M	$724.7M	100x	as long as short
edgeX XAGUSDC	+0.0133%	4h	66.541	−0.200%	$675K	$315K	30x	as long as short
Hotstuff SILVER-PERP	+0.0152%	1h	66.598	−0.115%	$35K	$21K	20x	as long as short
Bitget XAGUSDT	+0.0152%	4h	66.640	−0.052%	$24.4M	$48.4M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.640	−0.052%	$1.9M	$851K	20x	as long as short
Aftermath Perps XAGUSD	+0.0165%	1h	66.476	−0.298%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0180%	4h	66.640	−0.052%	$392K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0196%	8h	66.630	−0.067%	$28.0M	$67.0M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.634	−0.062%	$1.3M	$4.2M	20x	as long as short
Nado XAG-PERP	+0.0254%	1h	66.588	−0.131%	$1.3M	$6.6M	10x	as long as short
Bullet SILVER-USD	+0.0254%	1h	66.667	−0.013%	$45K	$75K	10x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	66.610	−0.097%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]long	L +0.0291% / S −0.0281%	1h	66.675	long leg	$103K	—	111x
Deribit SILVER_USDC-PERPETUAL	+0.0501%	1h	66.670	−0.007%	$51K	$351K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0594%	1h	66.643	−0.048%	$764K	$586K	25x	as long as short