Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0150%/8h= −16.5% APRnext payment $0.19 per $10,000 · paid last 24h −0.010%
Price spread now: Bullet against GMX+0.008%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SILVER/USD [ETH-USDC]66.075L +0.0387% / S −0.0440%pay 0.0048% / 1h4m 06s$105K111x
ShortBullet SILVER-USD66.0800.0237get 0.0030% / 1h4m 06s$44K$75K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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

Funding earned
−$31.57
Price spread: +0.008% → 0.000%
$0.76
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$50.82
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Bullet: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Bullet no order-book sample
GMX and Bullet: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0050%1h65.960−0.174%$5.7M$9.2M25xas long as short
dYdX XAG-USD0.0000%1h65.989−0.131%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.080+0.008%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.100+0.038%$1.1M$1.0M75xas long as short
Phemex XAGUSDT0.0000%4h66.080+0.008%$1.5M$317K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.010−0.098%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.064−0.017%$4.8M$9.6M25xas long as short
Extended XAG-USD+0.0032%1h66.012−0.096%$5.2M$11.5M10xas long as short
Hotstuff SILVER-PERP+0.0032%1h66.027−0.073%$35K$21K20xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.492%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.060−0.023%$795K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.491+0.630%25xas long as short
Gate XAG_USDT+0.0048%4h66.090+0.023%$149.9M$164.5M100xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.035−0.061%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.009−0.100%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0056%8h66.057−0.027%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.050−0.038%$114K$2.7M20xas long as short
tradeXYZ xyz:SILVER+0.0060%1h66.038−0.056%$166.3M$73.9M25xas long as short
Phoenix SILVER+0.0073%1h65.995−0.121%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0074%24h66.036−0.059%$530K$26.7M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.076+0.002%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h66.008−0.101%$470K$604K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.040−0.053%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.990−0.129%$113K$30K50xas long as short
Bybit XAGUSDT+0.0112%4h66.090+0.023%$27.8M$36.5M150xas long as short
Lighter XAG+0.0120%1h66.068−0.011%$5.2M$10.9M25xas long as short
Aster XAGUSDT+0.0120%4h66.080+0.008%$2.7M$871K100xas long as short
Variational Omni XAG+0.0164%4h66.053−0.033%$5.7M$9.5Mas long as short
Aevo XAG-PERP+0.0168%1h66.063−0.018%$47K10xas long as short
MEXC SILVER_USDT+0.0174%4h66.070−0.008%$115.1M$152.9M1000xas long as short
Binance XAGUSDT+0.0174%4h66.070−0.008%$191.0M$703.3M100xas long as short
edgeX XAGUSDC+0.0182%4h66.013−0.094%$670K$311K30xas long as short
Nado XAG-PERP+0.0187%1h66.027−0.072%$1.4M$5.8M10xas long as short
BloFin XAG-USDT+0.0196%4h66.060−0.023%$2.6M$570K100xas long as short
Aftermath Perps XAGUSD+0.0198%1h66.022−0.080%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0204%1h66.050−0.038%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0208%4h66.053−0.034%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.980−0.144%$1.8M$1.0M20xas long as short
OKX XAG-USDT-SWAP+0.0223%8h66.080+0.008%$27.8M$64.6M50xas long as short
Bitget XAGUSDT+0.0228%4h66.070−0.008%$24.0M$44.9M100xas long as short
Bullet SILVER-USDshort+0.0237%1h66.080+0.008%$44K$75K10x
Hibachi XAG/USDT-P+0.0304%1h66.020−0.083%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]longL +0.0387% / S −0.0440%1h66.075long leg$105K111x
Kraken Futures PF_XAGUSD+0.0623%1h66.045−0.045%$911K$685K25xas long as short