Funding you earn now, next payment 01:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.033%
Price spread now: edgeX against GMX0.000%70s7-day average −0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.175%−$18 on $10k
+Price spread, last 3 days (all we have)−0.036%−$4 · spread now 0.000%, 7d avg −0.025%
=Together, before fees−0.211%+ Points / potential airdropedgeX: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.025% dearer against GMX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.025%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 10 hours. The two prices were read 70 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] | 66.535 | L +0.0291% / S −0.0281% | pay 0.0036% / 1h | 26m 12s | $103K | — | 111x |
| Short | edgeX XAGUSDC | 66.535 | 0.0099 | get 0.0049% / 4h | 3h 26m | $675K | $313K | 30x |
GMX SILVER/USD [ETH-USDC]
edgeX XAGUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$40.3
- Price spread: 0.000% → −0.025%
- $2.46
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$58.84
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 48 min ago. 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 edgeX live order book, 48 min ago | 1.50 bp | 6.0 bp −$6 | 6.0 bp −$60 | 8.4 bp −$840 | 20.3 bp −$10.1K |
GMX: 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-USD | 0.0000% | 1h | 66.490 | −0.068% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.540 | +0.008% | $25.9M | $35.4M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.530 | −0.008% | $155.0M | $168.0M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.530 | −0.008% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.570 | +0.053% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.550 | +0.023% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.468 | −0.100% | $120K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0016% | 1h | 66.482 | −0.080% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.511 | −0.035% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.461 | −0.112% | $5.4M | $12.4M | 10x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Hotstuff SILVER-PERP
Lighter RH XAG
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.203% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.550 | +0.023% | $801K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.954 | +0.630% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.492 | −0.065% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.483 | −0.078% | $3.9M | $700K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.462 | −0.110% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.440 | −0.143% | $5.7M | $9.7M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.510 | −0.038% | $115K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0051% | 1h | 66.482 | −0.080% | $165.4M | $85.6M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.464 | −0.107% | $562K | $21.5M | 8.1x | as long as short |
| BloFin XAG-USDT | +0.0064% | 4h | 66.590 | +0.083% | $2.6M | $703K | 100x | as long as short |
| Aster XAGUSDT | +0.0085% | 4h | 66.518 | −0.026% | $2.8M | $1.1M | 100x | as long as short |
| Variational Omni XAG | +0.0089% | 4h | 66.514 | −0.032% | $5.6M | $9.9M | — | as long as short |
| MEXC SILVER_USDT | +0.0098% | 4h | 66.520 | −0.023% | $108.7M | $160.3M | 1000x | as long as short |
| Paradex XAG-USD-PERP | +0.0099% | 8h | 66.514 | −0.032% | $30K | $1K | 5x | as long as short |
| edgeX XAGUSDCshort | +0.0099% | 4h | 66.535 | 0.000% | $675K | $313K | 30x | |
| Pacifica XAG | +0.0100% | 1h | 66.476 | −0.089% | $474K | $623K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.490 | −0.068% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.500 | −0.053% | $126K | $24K | 50x | as long as short |
| Binance XAGUSDT | +0.0101% | 4h | 66.537 | +0.003% | $192.4M | $722.0M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0104% | 4h | 66.559 | +0.036% | $394K | $1.5M | 25x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.513 | −0.034% | $48K | — | 10x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.525 | −0.015% | $5.4M | $10.5M | 25x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.520 | −0.023% | $1.3M | $4.3M | 20x | as long as short |
| Nado XAG-PERP | +0.0167% | 1h | 66.463 | −0.108% | $1.3M | $6.5M | 10x | as long as short |
| Bitget XAGUSDT | +0.0172% | 4h | 66.540 | +0.008% | $24.5M | $48.0M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.580 | +0.068% | $1.9M | $929K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0191% | 8h | 66.540 | +0.008% | $27.9M | $67.3M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0195% | 1h | 66.501 | −0.051% | $80K | $39K | 10x | as long as short |
| Bullet SILVER-USD | +0.0225% | 1h | 66.528 | −0.011% | $45K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0232% | 1h | 66.483 | −0.079% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC]long | L +0.0291% / S −0.0281% | 1h | 66.535 | long leg | $103K | — | 111x | |
| Deribit SILVER_USDC-PERPETUAL | +0.0352% | 1h | 66.520 | −0.023% | $50K | $336K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0489% | 1h | 66.489 | −0.069% | $764K | $565K | 25x | as long as short |
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
BloFin XAG-USDT
Aster XAGUSDT
Variational Omni XAG
MEXC SILVER_USDT
Paradex XAG-USD-PERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Binance XAGUSDT
GRVT XAG_USDT_Perp
Aevo XAG-PERP
Lighter XAG
RISEx XAG/USDC
Nado XAG-PERP
Bitget XAGUSDT
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bullet SILVER-USD
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD