XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0212%/8h= −23.2% APRnext payment −$0.26 per $10,000 · paid last 24h −0.064%

Price spread now: tradeXYZ against GMX−0.073%97s7-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 tradeXYZ

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and tradeXYZ is 0.073% 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 97 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]	65.615	L +0.0270% / S −0.0238%	pay 0.0034% / 1h	43m 41s	$93K	—	111x
Short	tradeXYZ xyz:SILVER	65.567	0.0059	get 0.0007% / 1h	43m 41s	$174.3M	$94.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.073%Rate

Funding earned: −$44.42
Price spread: −0.073% → 0.000%: −$7.32
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$81.73
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; tradeXYZ: live order book, 9 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 tradeXYZ live order book, 9 min ago	0.53 bp	9.5 bp −$10	9.8 bp −$98	doesn't fit	doesn't fit

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 exchanges

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
Hotstuff SILVER-PERP	−3.2000%	1h	65.532	−0.126%	$36K	$23K	20x	as long as short
Ondo Perps XAG-USD.P	−0.0002%	1h	65.490	−0.191%	$5.7M	$11.0M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.525	−0.136%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.610	−0.008%	$138.3M	$204.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.610	−0.008%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.630	+0.023%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.630	+0.023%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.566	−0.074%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.602	−0.020%	$4.6M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.532	−0.127%	$5.1M	$11.8M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.544%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.590	−0.038%	$789K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.026	+0.626%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.560	−0.084%	$3.8M	$893K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.551	−0.098%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.590	−0.038%	$446K	$1.4M	20x	as long as short
Paradex XAG-USD-PERP	+0.0056%	8h	65.580	−0.054%	$29K	—	5x	as long as short
tradeXYZ xyz:SILVERshort	+0.0059%	1h	65.567	−0.073%	$174.3M	$94.1M	25x
Variational Omni XAG	+0.0081%	4h	65.578	−0.056%	$5.7M	$9.1M	—	as long as short
Pacifica XAG	+0.0100%	1h	65.544	−0.109%	$466K	$567K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.560	−0.084%	$25.4M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.620	+0.008%	$112K	$19K	50x	as long as short
Kalshi KXSILVERPERP	+0.0100%	24h	65.594	−0.032%	$718K	$38.7M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.690	+0.114%	$1.6M	$1.9M	20x	as long as short
Aster XAGUSDT	+0.0104%	4h	65.600	−0.023%	$2.7M	$1.1M	100x	as long as short
Binance XAGUSDT	+0.0105%	4h	65.602	−0.019%	$191.2M	$864.0M	100x	as long as short
MEXC SILVER_USDT	+0.0106%	4h	65.590	−0.038%	$121.7M	$163.3M	1000x	as long as short
Aevo XAG-PERP	+0.0112%	1h	65.604	−0.017%	$47K	—	10x	as long as short
Bybit XAGUSDT	+0.0116%	4h	65.620	+0.008%	$30.6M	$48.2M	150x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.600	−0.023%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0122%	1h	65.545	−0.107%	$55K	$14K	25x	as long as short
GRVT XAG_USDT_Perp	+0.0130%	4h	65.656	+0.063%	$396K	$1.5M	25x	as long as short
edgeX XAGUSDC	+0.0130%	4h	65.649	+0.051%	$669K	$315K	30x	as long as short
Nado XAG-PERP	+0.0139%	1h	65.557	−0.088%	$1.2M	$3.6M	10x	as long as short
Lighter XAG	+0.0144%	1h	65.601	−0.021%	$5.1M	$11.6M	25x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0208%	1h	65.600	−0.023%	$77K	$414K	20x	as long as short
Bullet SILVER-USD	+0.0208%	1h	65.610	−0.008%	$44K	$73K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0211%	8h	65.600	−0.023%	$27.9M	$85.7M	50x	as long as short
Aftermath Perps XAGUSD	+0.0223%	1h	65.609	−0.009%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0240%	4h	65.600	−0.023%	$23.2M	$52.8M	100x	as long as short
Hibachi XAG/USDT-P	+0.0256%	1h	65.554	−0.092%	$21K	$12K	10x	as long as short
GMX SILVER/USD [ETH-USDC]long	L +0.0270% / S −0.0238%	1h	65.615	long leg	$93K	—	111x
BloFin XAG-USDT	+0.0349%	4h	65.590	−0.038%	$2.7M	$771K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0548%	1h	65.581	−0.052%	$1.0M	$943K	25x	as long as short