Funding you earn now, next payment 05:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.25 per $10,000 · paid last 24h +0.002%
Price spread now: GMX against Bullet+0.001%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SILVER-USD | 66.064 | 0.0237 | pay 0.0030% / 1h | 4m 55s | $44K | $75K | 10x |
| Short | GMX SILVER/USD [ETH-USDC] | 66.065 | L +0.0388% / S −0.0440% | get 0.0055% / 1h | 4m 55s | $105K | — | 111x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bullet. 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
- $42.79
- Price spread: +0.001% → 0.000%
- $0.1
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $22.89
- Costs to cover
- 0.200%
- Break-even
- 3.3 days
Slippage unknown: Bullet: no order-book sample; 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 Bullet no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Bullet and 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 | −0.0051% | 1h | 65.950 | −0.173% | $5.7M | $9.2M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.989 | −0.115% | $14K | $66 | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.080 | +0.024% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.080 | +0.024% | $1.1M | $1.0M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.070 | +0.009% | $1.5M | $317K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.999 | −0.099% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.054 | −0.016% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.003 | −0.093% | $5.2M | $11.5M | 10x | as long as short |
| Hotstuff SILVER-PERP | +0.0032% | 1h | 66.027 | −0.057% | $35K | $21K | 20x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.508% | $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 | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.060 | −0.007% | $795K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.477 | +0.625% | — | — | 25x | as long as short |
| Gate XAG_USDT | +0.0046% | 4h | 66.080 | +0.024% | $149.9M | $164.4M | 100x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.027 | −0.057% | $3.9M | $676K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.997 | −0.102% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0056% | 8h | 66.044 | −0.030% | $30K | $1K | 5x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 66.050 | −0.022% | $114K | $2.7M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0060% | 1h | 66.024 | −0.061% | $166.3M | $73.9M | 25x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.995 | −0.105% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0074% | 24h | 66.028 | −0.055% | $530K | $26.7M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 66.062 | −0.004% | $1.3M | $4.9M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.997 | −0.102% | $469K | $604K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.030 | −0.052% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.990 | −0.113% | $113K | $30K | 50x | as long as short |
| Bybit XAGUSDT | +0.0108% | 4h | 66.090 | +0.039% | $27.8M | $36.5M | 150x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.054 | −0.015% | $5.2M | $10.9M | 25x | as long as short |
| Aster XAGUSDT | +0.0121% | 4h | 66.050 | −0.022% | $2.7M | $866K | 100x | as long as short |
| Variational Omni XAG | +0.0164% | 4h | 66.053 | −0.016% | $5.7M | $9.5M | — | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.053 | −0.017% | $47K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0174% | 4h | 66.060 | −0.007% | $115.1M | $152.9M | 1000x | as long as short |
| Binance XAGUSDT | +0.0175% | 4h | 66.070 | +0.009% | $191.0M | $703.0M | 100x | as long as short |
| edgeX XAGUSDC | +0.0182% | 4h | 66.013 | −0.078% | $670K | $311K | 30x | as long as short |
| Nado XAG-PERP | +0.0186% | 1h | 66.012 | −0.079% | $1.4M | $5.8M | 10x | as long as short |
| BloFin XAG-USDT | +0.0196% | 4h | 66.060 | −0.007% | $2.6M | $570K | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0198% | 1h | 66.022 | −0.064% | $79K | $36K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0204% | 1h | 66.040 | −0.037% | $75K | $363K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0208% | 4h | 66.053 | −0.017% | $394K | $1.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 65.980 | −0.128% | $1.8M | $1.0M | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0223% | 8h | 66.070 | +0.009% | $27.8M | $64.6M | 50x | as long as short |
| Bitget XAGUSDT | +0.0228% | 4h | 66.070 | +0.009% | $24.0M | $44.9M | 100x | as long as short |
| Bullet SILVER-USDlong | +0.0237% | 1h | 66.064 | long leg | $44K | $75K | 10x | |
| Hibachi XAG/USDT-P | +0.0304% | 1h | 66.010 | −0.082% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC]short | L +0.0388% / S −0.0440% | 1h | 66.065 | +0.001% | $105K | — | 111x | |
| Kraken Futures PF_XAGUSD | +0.0624% | 1h | 66.039 | −0.038% | $911K | $685K | 25x | as long as short |
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Gate XAG_USDT
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Paradex XAG-USD-PERP
tradeXYZ xyz:SILVER
Phoenix SILVER
Kalshi KXSILVERPERP
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Bybit XAGUSDT
Lighter XAG
Aster XAGUSDT
Variational Omni XAG
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
BloFin XAG-USDT
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Kraken Futures PF_XAGUSD