XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0256%/8h= +28.1% APRnext payment +$0.32 per $10,000 · paid last 24h +0.658%

Price spread now: GMX against Hotstuff+0.024%432s7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on GMX

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 airdropHotstuff: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and GMX is 0.024% dearer against Hotstuff than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 432 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff SILVER-PERP	65.599	0	get 0.0000% / 1h	44m 03s	$39K	$26K	20x
Short	GMX SILVER/USD [ETH-USDC]	65.615	L +0.0284% / S −0.0256%	get 0.0032% / 1h	44m 03s	$93K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hotstuff. 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 HotstuffbpFee GMXbpOrdersPrice spread, now +0.024%Rate

Funding earned: $53.8
Price spread: +0.024% → 0.000%: $2.44
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: $39.23
Costs to cover: 0.170%
Break-even: 1.9 days

Slippage unknown: Hotstuff: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Hotstuff 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 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
dYdX XAG-USD	0.0000%	1h	65.498	−0.154%	$13K	$8K	5x	as long as short
RISEx XAG/USDC	0.0000%	1h	65.602	+0.004%	$1.3M	$5.5M	20x	as long as short
Hotstuff SILVER-PERPlong	0.0000%	1h	65.599	long leg	$39K	$26K	20x
Gate XAG_USDT	0.0000%	4h	65.610	+0.017%	$136.1M	$201.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.600	+0.002%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.630	+0.047%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.630	+0.047%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.559	−0.061%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.598	−0.002%	$4.6M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.536	−0.096%	$5.1M	$12.2M	10x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.520%	$11K	$240	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.520	−0.120%	$788K	$3.0M	40x	as long as short
QFEX SILVER-USD	+0.0042%	1h	65.590	−0.014%	$446K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	66.020	+0.642%	—	—	25x	as long as short
Variational Omni XAG	+0.0047%	4h	65.488	−0.169%	$5.5M	$9.0M	—	as long as short
Bybit XAGUSDT	+0.0049%	4h	65.600	+0.002%	$30.3M	$48.7M	150x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.569	−0.046%	$3.8M	$1.5M	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.543	−0.085%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.480	−0.181%	$5.7M	$11.0M	25x	as long as short
Paradex XAG-USD-PERP	+0.0052%	8h	65.563	−0.054%	$29K	—	5x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0055%	1h	65.570	−0.044%	$77K	$396K	20x	as long as short
Aster XAGUSDT	+0.0068%	4h	65.600	+0.002%	$2.7M	$1.2M	100x	as long as short
MEXC SILVER_USDT	+0.0070%	4h	65.590	−0.014%	$119.1M	$164.1M	1000x	as long as short
Binance XAGUSDT	+0.0070%	4h	65.599	−0.001%	$189.5M	$867.8M	100x	as long as short
Lighter XAG	+0.0072%	1h	65.604	+0.007%	$5.3M	$11.9M	25x	as long as short
Aevo XAG-PERP	+0.0080%	1h	65.609	+0.015%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0080%	4h	65.541	−0.088%	$668K	$315K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0088%	4h	65.497	−0.155%	$388K	$1.6M	25x	as long as short
tradeXYZ xyz:SILVER	+0.0096%	1h	65.564	−0.053%	$175.5M	$87.7M	25x	as long as short
Pacifica XAG	+0.0100%	1h	65.528	−0.109%	$462K	$518K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.560	−0.059%	$25.3M	$4.4M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.500	−0.151%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.570	−0.044%	$1.6M	$2.0M	20x	as long as short
Kalshi KXSILVERPERP	+0.0108%	24h	65.592	−0.011%	$744K	$39.6M	8.1x	as long as short
Nado XAG-PERP	+0.0119%	1h	65.564	−0.054%	$1.2M	$3.4M	10x	as long as short
Phoenix SILVER	+0.0134%	1h	65.480	−0.181%	$55K	$15K	25x	as long as short
OKX XAG-USDT-SWAP	+0.0168%	8h	65.600	+0.002%	$27.6M	$87.7M	50x	as long as short
Bitget XAGUSDT	+0.0206%	4h	65.590	−0.014%	$23.2M	$54.1M	100x	as long as short
Aftermath Perps XAGUSD	+0.0218%	1h	65.536	−0.096%	$79K	$37K	10x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	65.500	−0.151%	$21K	$12K	10x	as long as short
Bullet SILVER-USD	+0.0224%	1h	65.617	+0.028%	$44K	$72K	10x	as long as short
GMX SILVER/USD [ETH-USDC]short	L +0.0284% / S −0.0256%	1h	65.615	+0.024%	$93K	—	111x
BloFin XAG-USDT	+0.0284%	4h	65.510	−0.136%	$2.7M	$783K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0540%	1h	65.580	−0.030%	$1.0M	$948K	25x	as long as short