Funding you earn now, next payment 02:00 UTC+0.0249%/8h= +27.3% APRnext payment +$0.31 per $10,000 · paid last 24h +0.030%
Price spread now: GMX against Extended+0.077%7-day average +0.059% · 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)+0.104%+$10 on $10k
+Price spread, last 3 days (all we have)+0.072%+$7 · spread now +0.077%, 7d avg +0.059%
=Together, before fees+0.176%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.059%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XAG-USD | 66.414 | 0.0032 | pay 0.0004% / 1h | 56m 07s | $5.4M | $12.5M | 10x |
| Short | GMX SILVER/USD [ETH-USDC] | 66.465 | L +0.0292% / S −0.0281% | get 0.0035% / 1h | 56m 07s | $103K | — | 111x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- $52.27
- Price spread: +0.077% → +0.059%
- $1.76
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $37.03
- Costs to cover
- 0.170%
- Break-even
- 2.0 days
Slippage unknown: Extended: 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 Extended live order book, 3 min ago | 0.60 bp | 3.1 bp −$3 | 5.6 bp −$56 | 12.6 bp −$1,257 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.388 | −0.039% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.620 | +0.310% | $26.1M | $35.8M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.580 | +0.250% | $154.7M | $159.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.570 | +0.235% | $2K | $2.9M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.510 | +0.144% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.590 | +0.265% | $1.5M | $251K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.396 | −0.027% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.550 | +0.204% | $4.8M | $9.3M | 25x | as long as short |
| Extended XAG-USDlong | +0.0032% | 1h | 66.414 | long leg | $5.4M | $12.5M | 10x | |
| Hotstuff SILVER-PERP | +0.0032% | 1h | 66.373 | −0.062% | $35K | $21K | 20x | as long as short |
Show 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 | −0.021% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.430 | +0.024% | $799K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.907 | +0.742% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.369 | −0.068% | $56K | $26K | 25x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.400 | −0.021% | $5.7M | $9.6M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 66.449 | +0.052% | $3.9M | $669K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.470 | +0.084% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.450 | +0.054% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0059% | 24h | 66.430 | +0.024% | $550K | $23.0M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.509 | +0.142% | $1.2M | $4.3M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0095% | 1h | 66.539 | +0.188% | $166.1M | $85.2M | 25x | as long as short |
| Aster XAGUSDT | +0.0098% | 4h | 66.506 | +0.139% | $2.8M | $1.0M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.446 | +0.048% | $473K | $611K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.470 | +0.084% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.390 | −0.036% | $126K | $23K | 50x | as long as short |
| Lighter XAG | +0.0112% | 1h | 66.554 | +0.210% | $5.3M | $10.4M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0113% | 8h | 66.459 | +0.068% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0115% | 4h | 66.455 | +0.061% | $5.6M | $9.8M | — | as long as short |
| edgeX XAGUSDC | +0.0123% | 4h | 66.509 | +0.143% | $675K | $316K | 30x | as long as short |
| MEXC SILVER_USDT | +0.0126% | 4h | 66.560 | +0.220% | $108.3M | $156.1M | 1000x | as long as short |
| Binance XAGUSDT | +0.0126% | 4h | 66.603 | +0.284% | $193.0M | $716.0M | 100x | as long as short |
| Aevo XAG-PERP | +0.0128% | 1h | 66.486 | +0.109% | $48K | — | 10x | as long as short |
| BloFin XAG-USDT | +0.0158% | 4h | 66.470 | +0.084% | $2.6M | $663K | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.380 | −0.051% | $1.9M | $962K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0190% | 4h | 66.454 | +0.060% | $402K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0193% | 8h | 66.600 | +0.280% | $28.0M | $66.8M | 50x | as long as short |
| Bitget XAGUSDT | +0.0200% | 4h | 66.580 | +0.250% | $24.5M | $46.5M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0209% | 1h | 66.470 | +0.085% | $80K | $39K | 10x | as long as short |
| Nado XAG-PERP | +0.0226% | 1h | 66.465 | +0.076% | $1.3M | $6.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0261% | 1h | 66.466 | +0.078% | $45K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC]short | L +0.0292% / S −0.0281% | 1h | 66.465 | +0.077% | $103K | — | 111x | |
| Hibachi XAG/USDT-P | +0.0304% | 1h | 66.370 | −0.066% | $20K | $22K | 10x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0462% | 1h | 66.481 | +0.101% | $767K | $552K | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0502% | 1h | 66.540 | +0.190% | $50K | $331K | 20x | as long as short |
Extended XAG-USD
GMX SILVER/USD [ETH-USDC]
Bybit XAGUSDT
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Injective XAG/USDC PERP
StandX XAG-USD
Phoenix SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
tradeXYZ xyz:SILVER
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
Paradex XAG-USD-PERP
Variational Omni XAG
edgeX XAGUSDC
MEXC SILVER_USDT
Binance XAGUSDT
BloFin XAG-USDT
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Aftermath Perps XAGUSD
Bullet SILVER-USD
Kraken Futures PF_XAGUSD
Deribit SILVER_USDC-PERPETUAL