Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0343%/8h= +37.5% APRnext payment +$0.43 per $10,000 · paid last 24h +0.060%
Price spread now: GMX against dYdX+0.101%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GMX is 0.101% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XAG-USD66.1780get 0.0000% / 1h47m 34s$15K5x
ShortGMX SILVER/USD [ETH-USDC]66.245L +0.0332% / S −0.0343%get 0.0043% / 1h47m 34s$103K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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

Funding earned
$72.01
Price spread: +0.101% → 0.000%
$10.11
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$60.12
Costs to cover
0.220%
Break-even
1.2 days
Slippage unknown: dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell GMX no order-book sample
dYdX 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 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP−0.0008%1h66.176−0.003%$35K$21K20xas long as short
dYdX XAG-USDlong0.0000%1h66.178long leg$15K5x
Gate XAG_USDT0.0000%4h66.230+0.078%$151.1M$161.8M100xas long as short
SunX XAG-USDT0.0000%4h66.250+0.109%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.270+0.139%$1.0M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.270+0.139%$1.5M$251K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.184+0.008%$121K250xas long as short
Lighter RH XAG+0.0032%1h66.196+0.028%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.154−0.037%$5.3M$12.1M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.335%$11K$94K52xas long as short
Show all 43 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P+0.0036%1h66.110−0.103%$5.7M$9.7M25xas long as short
StandX XAG-USD+0.0040%1h66.250+0.109%$797K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.668+0.740%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.200+0.033%$3.9M$672K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.179+0.001%$3K$6K20xas long as short
QFEX SILVER-USD+0.0062%1h66.220+0.063%$115K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0064%24h66.201+0.035%$546K$24.5M8.1xas long as short
tradeXYZ xyz:SILVER+0.0084%1h66.181+0.004%$165.7M$74.7M25xas long as short
Phoenix SILVER+0.0084%1h66.206+0.042%$56K$26K25xas long as short
Pacifica XAG+0.0100%1h66.175−0.005%$471K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.180+0.003%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.330+0.230%$113K$30K50xas long as short
Paradex XAG-USD-PERP+0.0134%8h66.210+0.048%$30K$1K5xas long as short
Aster XAGUSDT+0.0137%4h66.233+0.082%$2.7M$916K100xas long as short
Bybit XAGUSDT+0.0142%4h66.240+0.094%$26.7M$36.1M150xas long as short
Lighter XAG+0.0168%1h66.211+0.050%$5.3M$10.4M25xas long as short
Aevo XAG-PERP+0.0176%1h66.240+0.093%$48K10xas long as short
Variational Omni XAG+0.0176%4h66.242+0.097%$5.5M$9.7Mas long as short
RISEx XAG/USDC+0.0181%1h66.220+0.063%$1.2M$4.4M20xas long as short
Binance XAGUSDT+0.0190%4h66.220+0.063%$191.7M$706.3M100xas long as short
MEXC SILVER_USDT+0.0190%4h66.210+0.048%$110.5M$151.9M1000xas long as short
Coinbase International SILVER-PERP-INTX+0.0192%1h66.350+0.260%$1.9M$972K20xas long as short
edgeX XAGUSDC+0.0201%4h66.366+0.284%$673K$314K30xas long as short
OKX XAG-USDT-SWAP+0.0216%8h66.210+0.048%$27.8M$65.5M50xas long as short
Aftermath Perps XAGUSD+0.0234%1h66.229+0.078%$80K$38K10xas long as short
Nado XAG-PERP+0.0239%1h66.188+0.015%$1.3M$6.6M10xas long as short
Bitget XAGUSDT+0.0250%4h66.220+0.063%$23.9M$46.1M100xas long as short
Hibachi XAG/USDT-P+0.0264%1h66.160−0.028%$20K$22K10xas long as short
Bullet SILVER-USD+0.0264%1h66.246+0.103%$46K$75K10xas long as short
GRVT XAG_USDT_Perp+0.0278%4h66.277+0.150%$400K$1.5M25xas long as short
GMX SILVER/USD [ETH-USDC]shortL +0.0332% / S −0.0343%1h66.245+0.101%$103K111x
Deribit SILVER_USDC-PERPETUAL+0.0354%1h66.230+0.078%$50K$326K20xas long as short
Kraken Futures PF_XAGUSD+0.0550%1h66.196+0.027%$763K$475K25xas long as short