XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0208%/8h= +22.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.016%

Price spread now: GMX against Nado+0.107%7-day average +0.053% · you sell dearer than you buy

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

Long on Nado Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.097%+$10 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.107%, 7d avg +0.053%

Together, before fees+0.063%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GMX is 0.054% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XAG-PERP	65.655	0.0154	pay 0.0019% / 1h	9m 18s	$1.3M	$5.5M	10x
Short	GMX SILVER/USD [ETH-USDC]	65.725	L +0.0366% / S −0.0361%	get 0.0045% / 1h	9m 18s	$93K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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 NadobpFee GMXbpOrdersPrice spread, now +0.107%Rate

Funding earned: $43.62
Price spread: +0.107% → +0.053%: $5.41
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $30.03
Costs to cover: 0.190%
Break-even: 2.2 days

Slippage unknown: Nado: live order book, 5 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 Nado live order book, 5 min ago	0.08 bp	4.1 bp −$4	7.8 bp −$78	32.4 bp −$3,241	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	65.642	−0.020%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.710	+0.084%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.710	+0.084%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.690	+0.053%	$1.5M	$280K	100x	as long as short
Ondo Perps XAG-USD.P	+0.0001%	1h	65.610	−0.068%	$5.6M	$9.7M	25x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.675	+0.030%	$119K	—	250x	as long as short
RISEx XAG/USDC	+0.0030%	1h	65.723	+0.104%	$1.2M	$4.9M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	65.694	+0.060%	$4.7M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.670	+0.022%	$5.1M	$11.7M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.135%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SILVER	+0.0036%	1h	65.648	−0.010%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	65.620	−0.053%	$789K	$3.0M	40x	as long as short
Gate XAG_USDT	+0.0042%	4h	65.740	+0.130%	$145.0M	$180.1M	100x	as long as short
Vest SI-PERP	+0.0046%	1h	66.136	+0.733%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.693	+0.058%	$3.9M	$710K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.636	−0.029%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.690	+0.053%	$157K	$2.8M	20x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	65.667	+0.018%	$35K	$21K	20x	as long as short
Hibachi XAG/USDT-P	+0.0056%	1h	65.545	−0.167%	$20K	$19K	10x	as long as short
Paradex XAG-USD-PERP	+0.0064%	8h	65.692	+0.057%	$29K	$1K	5x	as long as short
Kalshi KXSILVERPERP	+0.0076%	24h	65.640	−0.023%	$450K	$28.9M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0080%	1h	65.692	+0.057%	$171.2M	$82.1M	25x	as long as short
Aster XAGUSDT	+0.0086%	4h	65.720	+0.099%	$2.7M	$944K	100x	as long as short
Pacifica XAG	+0.0100%	1h	65.635	−0.031%	$469K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.690	+0.053%	$24.7M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.580	−0.114%	$112K	$23K	50x	as long as short
Bybit XAGUSDT	+0.0121%	4h	65.740	+0.130%	$28.9M	$39.0M	150x	as long as short
Variational Omni XAG	+0.0127%	4h	65.584	−0.109%	$5.5M	$9.5M	—	as long as short
Lighter XAG	+0.0128%	1h	65.687	+0.049%	$5.3M	$11.3M	25x	as long as short
MEXC SILVER_USDT	+0.0136%	4h	65.720	+0.099%	$124.2M	$161.7M	1000x	as long as short
Aevo XAG-PERP	+0.0136%	1h	65.709	+0.082%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0137%	4h	65.720	+0.099%	$189.5M	$745.0M	100x	as long as short
edgeX XAGUSDC	+0.0147%	4h	65.560	−0.144%	$667K	$312K	30x	as long as short
Nado XAG-PERPlong	+0.0154%	1h	65.655	long leg	$1.3M	$5.5M	10x
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.530	−0.190%	$1.6M	$1.3M	20x	as long as short
Aftermath Perps XAGUSD	+0.0207%	1h	65.502	−0.234%	$79K	$37K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.710	+0.084%	$66K	$368K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0208%	4h	65.644	−0.016%	$398K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0215%	8h	65.710	+0.084%	$27.9M	$70.2M	50x	as long as short
Bitget XAGUSDT	+0.0216%	4h	65.720	+0.099%	$23.9M	$46.3M	100x	as long as short
Bullet SILVER-USD	+0.0243%	1h	65.726	+0.108%	$44K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]short	L +0.0366% / S −0.0361%	1h	65.725	+0.107%	$93K	—	111x
BloFin XAG-USDT	+0.0379%	4h	65.610	−0.068%	$2.6M	$622K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0469%	1h	65.657	+0.003%	$916K	$735K	25x	as long as short