XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0003%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.015%

Price spread now: Hibachi against GMX+0.135%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Hibachi

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHibachi: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hibachi is 0.135% dearer against GMX than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SILVER/USD [ETH-USDC]	66.415	L +0.0291% / S −0.0281%	pay 0.0036% / 1h	59m 19s	$103K	—	111x
Short	Hibachi XAG/USDT-P	66.505	0.0288	get 0.0036% / 1h	59m 19s	$20K	$22K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against GMX. 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 GMXbpFee HibachibpOrdersPrice spread, now +0.135%Rate

Funding earned: −$0.7
Price spread: +0.135% → 0.000%: $13.51
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: −$8.19
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Hibachi: 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 GMX no order-book sample	—	—	—	—	—
Sell Hibachi no order-book sample	—	—	—	—	—

GMX and Hibachi: 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	66.475	+0.091%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.430	+0.023%	$25.5M	$35.8M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.420	+0.008%	$154.8M	$159.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.410	−0.008%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.460	+0.068%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.430	+0.023%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.355	−0.091%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.477	+0.093%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.358	−0.086%	$5.4M	$12.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.023%	$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
StandX XAG-USD	+0.0040%	1h	66.530	+0.173%	$801K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.901	+0.732%	—	—	25x	as long as short
Hotstuff SILVER-PERP	+0.0048%	1h	66.518	+0.155%	$35K	$21K	20x	as long as short
Phoenix SILVER	+0.0048%	1h	66.507	+0.139%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.429	+0.021%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.339	−0.114%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.380	−0.053%	$5.7M	$9.5M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.470	+0.083%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.492	+0.116%	$558K	$22.0M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.496	+0.122%	$1.2M	$4.2M	20x	as long as short
Aster XAGUSDT	+0.0097%	4h	66.455	+0.060%	$2.8M	$1.0M	100x	as long as short
tradeXYZ xyz:SILVER	+0.0098%	1h	66.389	−0.039%	$165.6M	$85.0M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.484	+0.104%	$474K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.430	+0.023%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.530	+0.173%	$127K	$24K	50x	as long as short
Variational Omni XAG	+0.0108%	4h	66.543	+0.193%	$5.6M	$9.8M	—	as long as short
Paradex XAG-USD-PERP	+0.0112%	8h	66.511	+0.145%	$30K	$1K	5x	as long as short
Bullet SILVER-USD	+0.0121%	1h	66.440	+0.038%	$45K	$76K	10x	as long as short
MEXC SILVER_USDT	+0.0122%	4h	66.440	+0.038%	$108.7M	$155.7M	1000x	as long as short
BloFin XAG-USDT	+0.0122%	4h	66.590	+0.263%	$2.6M	$683K	100x	as long as short
edgeX XAGUSDC	+0.0123%	4h	66.552	+0.207%	$675K	$315K	30x	as long as short
Binance XAGUSDT	+0.0124%	4h	66.410	−0.008%	$193.1M	$719.2M	100x	as long as short
Lighter XAG	+0.0128%	1h	66.483	+0.102%	$5.3M	$10.3M	25x	as long as short
Aevo XAG-PERP	+0.0128%	1h	66.395	−0.030%	$48K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.410	−0.008%	$1.9M	$965K	20x	as long as short
Nado XAG-PERP	+0.0188%	1h	66.409	−0.009%	$1.3M	$6.5M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0193%	8h	66.430	+0.023%	$27.9M	$66.6M	50x	as long as short
GRVT XAG_USDT_Perp	+0.0194%	4h	66.551	+0.205%	$402K	$1.5M	25x	as long as short
Bitget XAGUSDT	+0.0196%	4h	66.410	−0.008%	$24.6M	$46.5M	100x	as long as short
Aftermath Perps XAGUSD	+0.0208%	1h	66.478	+0.095%	$80K	$39K	10x	as long as short
Hibachi XAG/USDT-Pshort	+0.0288%	1h	66.505	+0.135%	$20K	$22K	10x
GMX SILVER/USD [ETH-USDC]long	L +0.0291% / S −0.0281%	1h	66.415	long leg	$103K	—	111x
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.380	−0.053%	$50K	$331K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.392	−0.034%	$766K	$562K	25x	as long as short