XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.020%

Price spread now: GMX against Coinbase International+0.069%7-day average +0.046% · you sell dearer than you buy

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

Long on Coinbase International Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.062%+$6 on $10k

Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.069%, 7d avg +0.046%

Together, before fees+0.008%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.023% dearer against Coinbase International than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SILVER-PERP-INTX	65.360	0.0096	pay 0.0012% / 1h	48m 07s	$1.6M	$1.4M	20x
Short	GMX SILVER/USD [ETH-USDC]	65.405	L +0.0238% / S −0.0196%	get 0.0024% / 1h	48m 07s	$93K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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 Coinbase InternationalbpFee GMXbpOrdersPrice spread, now +0.069%Rate

Funding earned: $20.95
Price spread: +0.069% → +0.046%: $2.28
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $1.23
Costs to cover: 0.220%
Break-even: 6.6 days

Slippage unknown: Coinbase International: live order book, just now; 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 Coinbase International live order book, just now	0.76 bp	7.4 bp −$7	9.2 bp −$92	doesn't fit	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
Ondo Perps XAG-USD.P	−0.0047%	1h	65.280	−0.122%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.287	−0.111%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.410	+0.076%	$27.8M	$39.6M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.400	+0.061%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.440	+0.122%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.390	+0.046%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.348	−0.018%	$118K	—	250x	as long as short
Variational Omni XAG	+0.0016%	4h	65.312	−0.073%	$5.5M	$9.1M	—	as long as short
Aster XAGUSDT	+0.0030%	4h	65.391	+0.048%	$2.7M	$951K	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.396	+0.055%	$4.6M	$9.7M	25x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.338	−0.034%	$5.1M	$11.6M	10x	as long as short
Gate XAG_USDT	+0.0032%	4h	65.410	+0.076%	$141.2M	$176.8M	100x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.591%	$11K	$94K	52x	as long as short
MEXC SILVER_USDT	+0.0040%	4h	65.390	+0.046%	$117.4M	$157.0M	1000x	as long as short
StandX XAG-USD	+0.0040%	1h	65.310	−0.076%	$786K	$2.9M	40x	as long as short
Binance XAGUSDT	+0.0041%	4h	65.390	+0.046%	$191.8M	$761.7M	100x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.390	+0.046%	$152K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.794	+0.664%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.363	+0.005%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.339	−0.032%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0053%	8h	65.369	+0.014%	$29K	$1K	5x	as long as short
Aevo XAG-PERP	+0.0056%	1h	65.380	+0.030%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0057%	4h	65.317	−0.066%	$665K	$313K	30x	as long as short
Phoenix SILVER	+0.0061%	1h	65.281	−0.121%	$56K	$31K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0075%	1h	65.355	−0.008%	$169.9M	$81.6M	25x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.359	−0.002%	$481K	$31.8M	8.1x	as long as short
Coinbase International SILVER-PERP-INTXlong	+0.0096%	1h	65.360	long leg	$1.6M	$1.4M	20x
Pacifica XAG	+0.0100%	1h	65.329	−0.047%	$469K	$612K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.360	0.000%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.260	−0.153%	$112K	$19K	50x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.409	+0.075%	$1.2M	$4.9M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0134%	4h	65.317	−0.066%	$384K	$1.6M	25x	as long as short
BloFin XAG-USDT	+0.0164%	4h	65.360	0.000%	$2.7M	$583K	100x	as long as short
Bitget XAGUSDT	+0.0166%	4h	65.400	+0.061%	$23.7M	$45.4M	100x	as long as short
Nado XAG-PERP	+0.0166%	1h	65.355	−0.008%	$1.2M	$4.8M	10x	as long as short
Lighter XAG	+0.0168%	1h	65.400	+0.061%	$5.3M	$11.1M	25x	as long as short
Hibachi XAG/USDT-P	+0.0168%	1h	65.300	−0.092%	$20K	$17K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0176%	8h	65.400	+0.061%	$28.1M	$70.6M	50x	as long as short
Hotstuff SILVER-PERP	+0.0192%	1h	65.332	−0.043%	$35K	$21K	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0209%	1h	65.380	+0.031%	$65K	$387K	20x	as long as short
Aftermath Perps XAGUSD	+0.0210%	1h	65.319	−0.063%	$78K	$37K	10x	as long as short
Bullet SILVER-USD	+0.0232%	1h	65.400	+0.062%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]short	L +0.0238% / S −0.0196%	1h	65.405	+0.069%	$93K	—	111x
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.370	+0.015%	$1.0M	$869K	25x	as long as short