XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0249%/8h= −27.3% APRnext payment −$0.31 per $10,000 · paid last 24h −0.065%

Price spread now: Extended against GMX−0.101%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.101% cheaper against GMX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SILVER/USD [ETH-USDC]	65.595	L +0.0281% / S −0.0253%	pay 0.0035% / 1h	55m 37s	$93K	—	111x
Short	Extended XAG-USD	65.529	0.0032	get 0.0004% / 1h	55m 37s	$5.1M	$12.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee GMXbpFee ExtendedbpOrdersPrice spread, now −0.101%Rate

Funding earned: −$52.34
Price spread: −0.101% → 0.000%: −$10.1
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$79.45
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Extended: live order book, 1 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Extended live order book, 1 min ago	0.08 bp	3.5 bp −$3	5.8 bp −$58	12.6 bp −$1,262	doesn't fit

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 exchanges

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
Hotstuff SILVER-PERP	−0.0104%	1h	65.591	−0.006%	$39K	$26K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.521	−0.112%	$13K	$8K	5x	as long as short
RISEx XAG/USDC	0.0000%	1h	65.589	−0.010%	$1.3M	$5.4M	20x	as long as short
Gate XAG_USDT	0.0000%	4h	65.590	−0.008%	$136.5M	$198.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.610	+0.023%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.620	+0.038%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.600	+0.008%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.528	−0.102%	$118K	—	250x	as long as short
Ondo Perps XAG-USD.P	+0.0004%	1h	65.490	−0.160%	$5.7M	$11.1M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	65.588	−0.010%	$4.6M	$9.5M	25x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USDshort	+0.0032%	1h	65.529	−0.101%	$5.1M	$12.0M	10x
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.514%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.610	+0.023%	$789K	$3.0M	40x	as long as short
Bybit XAGUSDT	+0.0041%	4h	65.610	+0.023%	$30.5M	$48.1M	150x	as long as short
QFEX SILVER-USD	+0.0042%	1h	65.570	−0.038%	$446K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	66.052	+0.697%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.579	−0.024%	$3.8M	$905K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.528	−0.102%	$3K	$6K	20x	as long as short
Variational Omni XAG	+0.0052%	4h	65.578	−0.026%	$5.6M	$9.0M	—	as long as short
Paradex XAG-USD-PERP	+0.0052%	8h	65.571	−0.037%	$29K	—	5x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0055%	1h	65.560	−0.053%	$77K	$409K	20x	as long as short
Aster XAGUSDT	+0.0074%	4h	65.590	−0.008%	$2.7M	$1.2M	100x	as long as short
Binance XAGUSDT	+0.0076%	4h	65.589	−0.009%	$190.3M	$863.2M	100x	as long as short
MEXC SILVER_USDT	+0.0076%	4h	65.580	−0.023%	$114.3M	$162.7M	1000x	as long as short
edgeX XAGUSDC	+0.0087%	4h	65.624	+0.045%	$669K	$313K	30x	as long as short
Aevo XAG-PERP	+0.0088%	1h	65.576	−0.028%	$47K	—	10x	as long as short
tradeXYZ xyz:SILVER	+0.0095%	1h	65.562	−0.050%	$175.6M	$93.1M	25x	as long as short
GRVT XAG_USDT_Perp	+0.0096%	4h	65.674	+0.120%	$389K	$1.6M	25x	as long as short
Pacifica XAG	+0.0100%	1h	65.532	−0.096%	$462K	$520K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.550	−0.069%	$25.3M	$4.3M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.610	+0.023%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.710	+0.175%	$1.6M	$1.9M	20x	as long as short
Kalshi KXSILVERPERP	+0.0107%	24h	65.588	−0.011%	$792K	$38.8M	8.1x	as long as short
Phoenix SILVER	+0.0122%	1h	65.734	+0.212%	$55K	$14K	25x	as long as short
Lighter XAG	+0.0128%	1h	65.587	−0.013%	$5.3M	$11.8M	25x	as long as short
Nado XAG-PERP	+0.0144%	1h	65.611	+0.025%	$1.2M	$3.4M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0178%	8h	65.600	+0.008%	$27.9M	$85.7M	50x	as long as short
Bullet SILVER-USD	+0.0213%	1h	65.612	+0.026%	$45K	$73K	10x	as long as short
Bitget XAGUSDT	+0.0214%	4h	65.600	+0.008%	$23.1M	$52.8M	100x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	65.595	−0.001%	$21K	$12K	10x	as long as short
Aftermath Perps XAGUSD	+0.0225%	1h	65.645	+0.076%	$79K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]long	L +0.0281% / S −0.0253%	1h	65.595	long leg	$93K	—	111x
BloFin XAG-USDT	+0.0316%	4h	65.670	+0.114%	$2.7M	$785K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0540%	1h	65.574	−0.031%	$1.0M	$943K	25x	as long as short