XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.025%

Price spread now: GMX against Nado+0.050%7-day average +0.053% · you sell dearer than you buy

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

Long on Nado Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.097%+$10 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.050%, 7d avg +0.053%

Together, before fees+0.120%+ Points / potential airdropNado: Active · farm board+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XAG-PERP	65.343	0.0161	pay 0.0020% / 1h	36m 13s	$1.2M	$4.7M	10x
Short	GMX SILVER/USD [ETH-USDC]	65.375	L +0.0238% / S −0.0196%	get 0.0024% / 1h	36m 13s	$93K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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 NadobpFee GMXbpOrdersPrice spread, now +0.050%Rate

Funding earned: $7.2
Price spread: +0.050% → +0.053%: −$0.32
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$12.12
Costs to cover: 0.190%
Break-even: 18.8 days

Slippage unknown: Nado: live order book, 3 min ago; GMX: 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 Nado live order book, 3 min ago	0.31 bp	3.9 bp −$4	7.9 bp −$79	32.2 bp −$3,223	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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
Ondo Perps XAG-USD.P	−0.0043%	1h	65.270	−0.111%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.297	−0.070%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.350	+0.011%	$27.8M	$39.3M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.370	+0.042%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.380	+0.057%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.340	−0.004%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.318	−0.038%	$118K	—	250x	as long as short
Variational Omni XAG	+0.0008%	4h	65.432	+0.137%	$5.5M	$9.1M	—	as long as short
Aster XAGUSDT	+0.0023%	4h	65.360	+0.027%	$2.7M	$928K	100x	as long as short
MEXC SILVER_USDT	+0.0028%	4h	65.340	−0.004%	$118.7M	$157.3M	1000x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XAGUSDT	+0.0029%	4h	65.340	−0.004%	$191.8M	$753.3M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.341	−0.003%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.324	−0.028%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.618%	$11K	$94K	52x	as long as short
Gate XAG_USDT	+0.0036%	4h	65.390	+0.072%	$140.9M	$178.1M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.350	+0.011%	$786K	$2.9M	40x	as long as short
edgeX XAGUSDC	+0.0042%	4h	65.378	+0.053%	$665K	$313K	30x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.370	+0.042%	$157K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.798	+0.697%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	65.320	−0.035%	$35K	$21K	20x	as long as short
Aevo XAG-PERP	+0.0048%	1h	65.362	+0.029%	$47K	—	10x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.348	+0.008%	$169.8M	$81.5M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.354	+0.017%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.299	−0.067%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0052%	8h	65.355	+0.019%	$29K	$1K	5x	as long as short
Phoenix SILVER	+0.0061%	1h	65.297	−0.070%	$56K	$31K	25x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.350	+0.011%	$531K	$31.8M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.370	+0.042%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.322	−0.031%	$465K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.320	−0.035%	$25.3M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.390	+0.072%	$112K	$19K	50x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.384	+0.063%	$1.2M	$4.8M	20x	as long as short
BloFin XAG-USDT	+0.0119%	4h	65.380	+0.057%	$2.7M	$575K	100x	as long as short
GRVT XAG_USDT_Perp	+0.0128%	4h	65.357	+0.021%	$384K	$1.6M	25x	as long as short
Bitget XAGUSDT	+0.0156%	4h	65.380	+0.057%	$23.3M	$44.8M	100x	as long as short
Lighter XAG	+0.0160%	1h	65.344	+0.002%	$5.3M	$11.1M	25x	as long as short
Nado XAG-PERPlong	+0.0161%	1h	65.343	long leg	$1.2M	$4.7M	10x
OKX XAG-USDT-SWAP	+0.0167%	8h	65.350	+0.011%	$28.2M	$70.0M	50x	as long as short
Hibachi XAG/USDT-P	+0.0176%	1h	65.313	−0.045%	$20K	$17K	10x	as long as short
Aftermath Perps XAGUSD	+0.0181%	1h	65.328	−0.023%	$79K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.360	+0.027%	$65K	$390K	20x	as long as short
Bullet SILVER-USD	+0.0222%	1h	65.391	+0.074%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]short	L +0.0238% / S −0.0196%	1h	65.375	+0.050%	$93K	—	111x
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.340	−0.004%	$1.0M	$868K	25x	as long as short