XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.24 per $10,000 · paid last 24h +0.074%

Price spread now: GMX against gTrade (Gains Network)+0.102%7-day average +0.118% · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.177%+$18 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.102%, 7d avg +0.118%

Together, before fees+0.178%+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.118%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XAG/USD	65.268	L +0.0004% / S −0.0006%	pay 0.0000% / 1h	32m 59s	$118K	—	250x
Short	GMX SILVER/USD [ETH-USDC]	65.335	L +0.0238% / S −0.0196%	get 0.0024% / 1h	32m 59s	$93K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee GMXbpOrdersPrice spread, now +0.102%Rate

Funding earned: $40.33
Price spread: +0.102% → +0.118%: −$1.58
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $16.75
Costs to cover: 0.220%
Break-even: 4.1 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 36 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 gTrade (Gains Network) virtual book (oracle venue), 36 min ago	130.01 bp	135.0 bp −$135	135.0 bp −$1,350	579.9 bp −$58.0K	2587.5 bp −$1.29M
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
Hotstuff SILVER-PERP	−0.0056%	1h	65.295	+0.041%	$35K	$21K	20x	as long as short
Ondo Perps XAG-USD.P	−0.0041%	1h	65.240	−0.043%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.297	+0.044%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.310	+0.064%	$27.8M	$39.4M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.320	+0.079%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.370	+0.156%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.320	+0.079%	$1.5M	$281K	100x	as long as short
Variational Omni XAG	0.0000%	4h	65.332	+0.098%	$5.5M	$9.1M	—	as long as short
gTrade (Gains Network) XAG/USDlong	L +0.0004% / S −0.0006%	1h	65.268	long leg	$118K	—	250x
Aster XAGUSDT	+0.0024%	4h	65.312	+0.066%	$2.7M	$928K	100x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SILVER_USDT	+0.0026%	4h	65.280	+0.018%	$119.1M	$157.4M	1000x	as long as short
Binance XAGUSDT	+0.0027%	4h	65.306	+0.057%	$191.6M	$753.7M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.310	+0.064%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.240	−0.044%	$5.1M	$11.6M	10x	as long as short
edgeX XAGUSDC	+0.0032%	4h	65.342	+0.113%	$665K	$313K	30x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.734%	$11K	$94K	52x	as long as short
Gate XAG_USDT	+0.0034%	4h	65.320	+0.079%	$140.7M	$178.3M	100x	as long as short
StandX XAG-USD	+0.0040%	1h	65.350	+0.125%	$786K	$2.9M	40x	as long as short
Aevo XAG-PERP	+0.0040%	1h	65.316	+0.073%	$47K	—	10x	as long as short
QFEX SILVER-USD	+0.0044%	1h	65.330	+0.095%	$157K	$1.4M	20x	as long as short
Vest SI-PERP	+0.0046%	1h	65.748	+0.735%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.264	−0.007%	$169.6M	$81.7M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.296	+0.042%	$3.8M	$856K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.267	−0.002%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERP	+0.0052%	8h	65.310	+0.065%	$29K	$1K	5x	as long as short
Phoenix SILVER	+0.0061%	1h	65.316	+0.073%	$56K	$31K	25x	as long as short
Kalshi KXSILVERPERP	+0.0079%	24h	65.299	+0.047%	$518K	$31.7M	8.1x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0096%	1h	65.300	+0.049%	$1.6M	$1.4M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.271	+0.004%	$464K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.280	+0.018%	$25.3M	$4.7M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.310	+0.064%	$112K	$19K	50x	as long as short
BloFin XAG-USDT	+0.0107%	4h	65.350	+0.125%	$2.7M	$574K	100x	as long as short
RISEx XAG/USDC	+0.0118%	1h	65.337	+0.105%	$1.2M	$4.8M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0130%	4h	65.372	+0.159%	$384K	$1.6M	25x	as long as short
Bitget XAGUSDT	+0.0152%	4h	65.280	+0.018%	$23.2M	$44.7M	100x	as long as short
Nado XAG-PERP	+0.0159%	1h	65.286	+0.026%	$1.2M	$4.7M	10x	as long as short
Lighter XAG	+0.0160%	1h	65.314	+0.070%	$5.3M	$11.1M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0166%	8h	65.310	+0.064%	$28.2M	$69.8M	50x	as long as short
Aftermath Perps XAGUSD	+0.0182%	1h	65.309	+0.063%	$79K	$37K	10x	as long as short
Hibachi XAG/USDT-P	+0.0184%	1h	65.313	+0.069%	$20K	$17K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0210%	1h	65.310	+0.064%	$65K	$391K	20x	as long as short
Bullet SILVER-USD	+0.0220%	1h	65.339	+0.108%	$45K	$75K	10x	as long as short
GMX SILVER/USD [ETH-USDC]short	L +0.0238% / S −0.0196%	1h	65.335	+0.102%	$93K	—	111x
Kraken Futures PF_XAGUSD	+0.0363%	1h	65.292	+0.037%	$1.0M	$868K	25x	as long as short