XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0077%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h +0.054%

Price spread now: GMX against RISEx−0.027%7-day average +0.007% · you buy dearer than you sell

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

Long on RISEx Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.111%+$11 on $10k

Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.027%, 7d avg +0.007%

Together, before fees+0.154%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.034% cheaper against RISEx than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.007%). If the spread goes back, that is −$3 on $10k: about 35 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XAG/USDC	65.252	0.0118	pay 0.0015% / 1h	10m 24s	$1.3M	$4.9M	20x
Short	GMX SILVER/USD [ETH-USDC]	65.235	L +0.0238% / S −0.0196%	get 0.0024% / 1h	10m 24s	$93K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against RISEx. 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 RISExbpFee GMXbpOrdersPrice spread, now −0.027%Rate

Funding earned: $16.24
Price spread: −0.027% → +0.007%: −$3.4
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$5.17
Costs to cover: 0.180%
Break-even: 9.2 days

Slippage unknown: RISEx: live order book, 4 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 RISEx live order book, 4 min ago	1.22 bp	4.2 bp −$4	4.8 bp −$48	doesn't fit	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	−0.0027%	1h	65.130	−0.188%	$5.7M	$9.8M	25x	as long as short
Hotstuff SILVER-PERP	−0.0024%	1h	65.199	−0.082%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.197	−0.084%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.250	−0.004%	$27.7M	$39.1M	150x	as long as short
Variational Omni XAG	0.0000%	4h	65.227	−0.039%	$5.5M	$9.1M	—	as long as short
SunX XAG-USDT	0.0000%	4h	65.230	−0.034%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.280	+0.042%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.230	−0.034%	$1.5M	$278K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.172	−0.123%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0028%	4h	65.250	−0.004%	$140.6M	$181.5M	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	65.228	−0.038%	$4.6M	$9.9M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.180	−0.111%	$5.0M	$11.8M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.759%	$11K	$94K	52x	as long as short
MEXC SILVER_USDT	+0.0034%	4h	65.240	−0.019%	$125.9M	$162.2M	1000x	as long as short
Binance XAGUSDT	+0.0035%	4h	65.239	−0.021%	$191.6M	$755.3M	100x	as long as short
Aster XAGUSDT	+0.0040%	4h	65.245	−0.011%	$2.7M	$976K	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.250	−0.004%	$785K	$3.0M	40x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.230	−0.034%	$161K	$1.4M	20x	as long as short
edgeX XAGUSDC	+0.0046%	4h	65.107	−0.222%	$663K	$314K	30x	as long as short
Vest SI-PERP	+0.0046%	1h	65.658	+0.622%	—	—	25x	as long as short
Aevo XAG-PERP	+0.0048%	1h	65.231	−0.032%	$47K	—	10x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.215	−0.057%	$3.8M	$892K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.172	−0.123%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0054%	8h	65.212	−0.063%	$29K	$1K	5x	as long as short
Phoenix SILVER	+0.0061%	1h	65.211	−0.063%	$56K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0068%	1h	65.212	−0.062%	$173.3M	$84.9M	25x	as long as short
Kalshi KXSILVERPERP	+0.0080%	24h	65.249	−0.005%	$483K	$32.2M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	64.970	−0.433%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.182	−0.108%	$464K	$600K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.210	−0.065%	$25.3M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.180	−0.111%	$111K	$19K	50x	as long as short
RISEx XAG/USDClong	+0.0118%	1h	65.252	long leg	$1.3M	$4.9M	20x
BloFin XAG-USDT	+0.0143%	4h	65.240	−0.019%	$2.7M	$626K	100x	as long as short
GRVT XAG_USDT_Perp	+0.0146%	4h	65.293	+0.062%	$395K	$1.6M	25x	as long as short
Nado XAG-PERP	+0.0154%	1h	65.207	−0.070%	$1.2M	$4.7M	10x	as long as short
Bitget XAGUSDT	+0.0160%	4h	65.240	−0.019%	$23.2M	$44.8M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0173%	8h	65.240	−0.019%	$28.4M	$70.5M	50x	as long as short
Lighter XAG	+0.0184%	1h	65.225	−0.042%	$5.3M	$11.3M	25x	as long as short
Aftermath Perps XAGUSD	+0.0192%	1h	65.173	−0.122%	$78K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0210%	1h	65.220	−0.050%	$65K	$397K	20x	as long as short
Hibachi XAG/USDT-P	+0.0232%	1h	65.239	−0.021%	$20K	$17K	10x	as long as short
Bullet SILVER-USD	+0.0235%	1h	65.243	−0.014%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]short	L +0.0238% / S −0.0196%	1h	65.235	−0.027%	$93K	—	111x
Kraken Futures PF_XAGUSD	+0.0364%	1h	65.211	−0.063%	$1.0M	$869K	25x	as long as short