XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0109%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.014%

Price spread now: Kraken Futures against GMX−0.071%7-day average −0.089% · you buy dearer than you sell

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

Long on GMX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.230%−$23 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.071%, 7d avg −0.089%

Together, before fees−0.246%−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.089%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.230%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SILVER/USD [ETH-USDC]	66.135	L +0.0376% / S −0.0410%	pay 0.0047% / 1h	33m 38s	$103K	—	111x
Short	Kraken Futures PF_XAGUSD	66.088	0.0485	get 0.0061% / 1h	33m 38s	$912K	$676K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.071%Rate

Funding earned: $22.95
Price spread: −0.071% → −0.089%: $1.75
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $2.7
Costs to cover: 0.220%
Break-even: 6.2 days

Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 25 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 Kraken Futures live order book, 25 min ago	2.47 bp	8.4 bp −$8	16.2 bp −$162	67.4 bp −$6,738	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 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	66.022	−0.170%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.160	+0.038%	$150.1M	$163.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.140	+0.008%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.160	+0.038%	$1.0M	$978K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.130	−0.008%	$1.5M	$317K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.056	−0.119%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.126	−0.013%	$4.7M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.077	−0.088%	$5.2M	$11.7M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.401%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.120	−0.023%	$795K	$3.0M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.549	+0.626%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	66.114	−0.032%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.092	−0.065%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.052	−0.126%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.020	−0.174%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.140	+0.008%	$115K	$2.7M	20x	as long as short
Phoenix SILVER	+0.0060%	1h	66.050	−0.129%	$56K	$26K	25x	as long as short
Kalshi KXSILVERPERP	+0.0069%	24h	66.085	−0.076%	$518K	$25.5M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	66.091	−0.067%	$470K	$619K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.110	−0.038%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.050	−0.129%	$113K	$30K	50x	as long as short
tradeXYZ xyz:SILVER	+0.0133%	1h	66.112	−0.035%	$165.5M	$74.0M	25x	as long as short
RISEx XAG/USDC	+0.0137%	1h	66.146	+0.016%	$1.3M	$4.5M	20x	as long as short
Aster XAGUSDT	+0.0145%	4h	66.100	−0.053%	$2.7M	$876K	100x	as long as short
Paradex XAG-USD-PERP	+0.0151%	8h	66.145	+0.015%	$30K	$1K	5x	as long as short
Bybit XAGUSDT	+0.0160%	4h	66.170	+0.053%	$27.0M	$36.1M	150x	as long as short
Nado XAG-PERP	+0.0196%	1h	66.092	−0.065%	$1.3M	$6.5M	10x	as long as short
Lighter XAG	+0.0200%	1h	66.131	−0.006%	$5.2M	$10.5M	25x	as long as short
Aevo XAG-PERP	+0.0200%	1h	66.117	−0.027%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.130	−0.008%	$1.8M	$999K	20x	as long as short
BloFin XAG-USDT	+0.0201%	4h	66.110	−0.038%	$2.6M	$554K	100x	as long as short
Variational Omni XAG	+0.0210%	4h	66.123	−0.017%	$5.6M	$9.7M	—	as long as short
MEXC SILVER_USDT	+0.0216%	4h	66.140	+0.008%	$109.2M	$152.5M	1000x	as long as short
Binance XAGUSDT	+0.0216%	4h	66.155	+0.030%	$192.9M	$700.8M	100x	as long as short
Aftermath Perps XAGUSD	+0.0230%	1h	66.091	−0.067%	$80K	$37K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0231%	8h	66.150	+0.023%	$27.8M	$65.5M	50x	as long as short
edgeX XAGUSDC	+0.0235%	4h	66.098	−0.055%	$671K	$312K	30x	as long as short
Bitget XAGUSDT	+0.0260%	4h	66.130	−0.008%	$23.8M	$45.7M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0282%	4h	66.121	−0.022%	$389K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0309%	1h	66.129	−0.009%	$45K	$76K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0356%	1h	66.100	−0.053%	$62K	$348K	20x	as long as short
GMX SILVER/USD [ETH-USDC]long	L +0.0376% / S −0.0410%	1h	66.135	long leg	$103K	—	111x
Hibachi XAG/USDT-P	+0.0376%	1h	66.080	−0.083%	$20K	$19K	10x	as long as short
Kraken Futures PF_XAGUSDshort	+0.0485%	1h	66.088	−0.071%	$912K	$676K	25x