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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.025%
Price spread now: GMX against Nado+0.046%7-day average +0.053% · 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)+0.097%+$10 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.046%, 7d avg +0.053%
Together, before fees+0.124%+ Points / potential airdropNado: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XAG-PERP65.2750.0159pay 0.0020% / 1h32m 09s$1.2M$4.7M10x
ShortGMX SILVER/USD [ETH-USDC]65.305L +0.0238% / S −0.0196%get 0.0024% / 1h32m 09s$93K111x

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

Funding earned
$7.62
Price spread: +0.046% → +0.053%
−$0.71
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
−$12.09
Costs to cover
0.190%
Break-even
18.1 days
Slippage unknown: Nado: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 2 min ago0.46 bp4.1 bp −$48.1 bp −$8133.2 bp −$3,317doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP−0.0056%1h65.295+0.030%$35K$21K20xas long as short
Ondo Perps XAG-USD.P−0.0037%1h65.190−0.131%$5.6M$9.7M25xas long as short
dYdX XAG-USD0.0000%1h65.242−0.051%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.310+0.053%$27.8M$39.3M150xas long as short
SunX XAG-USDT0.0000%4h65.300+0.038%$2K$2.5M20xas long as short
HTX XAG-USDT0.0000%4h65.340+0.099%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.320+0.069%$1.5M$281K100xas long as short
Variational Omni XAG0.0000%4h65.332+0.087%$5.5M$9.1Mas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.268−0.011%$118K250xas long as short
Aster XAGUSDT+0.0024%4h65.300+0.038%$2.7M$928K100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SILVER_USDT+0.0026%4h65.300+0.038%$120.7M$157.6M1000xas long as short
Binance XAGUSDT+0.0026%4h65.307+0.048%$191.6M$753.7M100xas long as short
Lighter RH XAG+0.0032%1h65.293+0.028%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.244−0.048%$5.0M$11.6M10xas long as short
edgeX XAGUSDC+0.0032%4h65.342+0.102%$665K$313K30xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.723%$11K$94K52xas long as short
Gate XAG_USDT+0.0034%4h65.310+0.053%$140.7M$178.3M100xas long as short
StandX XAG-USD+0.0040%1h65.330+0.084%$786K$2.9M40xas long as short
Aevo XAG-PERP+0.0040%1h65.290+0.023%$47K10xas long as short
QFEX SILVER-USD+0.0044%1h65.300+0.038%$157K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.721+0.683%25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.270−0.008%$169.6M$81.7M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.276+0.001%$3.8M$856K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.238−0.057%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0052%8h65.291+0.024%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.316+0.063%$56K$31K25xas long as short
Kalshi KXSILVERPERP+0.0079%24h65.256−0.029%$466K$31.8M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.300+0.038%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.253−0.034%$464K$611K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.260−0.023%$25.3M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.310+0.053%$112K$19K50xas long as short
BloFin XAG-USDT+0.0107%4h65.350+0.115%$2.7M$574K100xas long as short
RISEx XAG/USDC+0.0118%1h65.325+0.076%$1.2M$4.8M20xas long as short
GRVT XAG_USDT_Perp+0.0130%4h65.372+0.148%$384K$1.6M25xas long as short
Bitget XAGUSDT+0.0152%4h65.300+0.038%$23.2M$44.7M100xas long as short
Nado XAG-PERPlong+0.0159%1h65.275long leg$1.2M$4.7M10x
Lighter XAG+0.0160%1h65.297+0.034%$5.3M$11.1M25xas long as short
OKX XAG-USDT-SWAP+0.0166%8h65.300+0.038%$28.2M$69.8M50xas long as short
Aftermath Perps XAGUSD+0.0183%1h65.299+0.036%$79K$37K10xas long as short
Hibachi XAG/USDT-P+0.0184%1h65.313+0.058%$20K$17K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0210%1h65.280+0.007%$65K$391K20xas long as short
Bullet SILVER-USD+0.0220%1h65.314+0.059%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]shortL +0.0238% / S −0.0196%1h65.305+0.046%$93K111x
Kraken Futures PF_XAGUSD+0.0363%1h65.267−0.013%$1.0M$868K25xas long as short