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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0400%/8h= +43.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.054%
Price spread now: GMX against StandX+0.008%7-day average +0.037% · 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)+0.138%+$14 on $10k
Price spread, last 4 days (all we have)+0.075%+$8 · spread now +0.008%, 7d avg +0.037%
Together, before fees+0.213%+ Points / potential airdropStandX: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.029% cheaper against StandX than usual: you would sell low and buy high (spread +0.008% now, against its 7-day average of +0.037%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$12 a day). At the pace of the last 3 days (+0.138% in total) that is about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAG-USD65.9700.0040pay 0.0005% / 1h40m 48s$793K$3.1M40x
ShortGMX SILVER/USD [ETH-USDC]65.975L +0.0387% / S −0.0440%get 0.0055% / 1h40m 48s$105K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against StandX. 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
$84.1
Price spread: +0.008% → +0.037%
−$2.95
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$61.15
Costs to cover
0.200%
Break-even
1.9 days
Slippage unknown: StandX: live order book, 3 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 StandX live order book, 3 min ago3.03 bp8.5 bp −$88.5 bp −$8535.7 bp −$3,572doesn'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
Ondo Perps XAG-USD.P−0.0046%1h65.830−0.212%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.934−0.055%$14K5xas long as short
Gate XAG_USDT0.0000%4h65.980+0.015%$149.5M$163.5M100xas long as short
SunX XAG-USDT0.0000%4h65.9700.000%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.020+0.076%$1.0M$966K75xas long as short
Phemex XAGUSDT0.0000%4h65.980+0.015%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.914−0.085%$120K250xas long as short
Lighter RH XAG+0.0032%1h65.956−0.021%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h65.906−0.097%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.652%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USDlong+0.0040%1h65.970long leg$793K$3.1M40x
Vest SI-PERP+0.0046%1h66.389+0.635%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.922−0.073%$35K$21K20xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.940−0.045%$3.9M$674K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.909−0.092%$3K$6K20xas long as short
tradeXYZ xyz:SILVER+0.0051%1h65.927−0.065%$165.9M$73.6M25xas long as short
QFEX SILVER-USD+0.0060%1h65.950−0.030%$114K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0072%24h65.930−0.061%$539K$25.9M8.1xas long as short
Phoenix SILVER+0.0073%1h65.889−0.123%$56K$26K25xas long as short
RISEx XAG/USDC+0.0080%1h65.9700.000%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.894−0.115%$469K$614K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.930−0.061%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.920−0.076%$113K$30K50xas long as short
Lighter XAG+0.0112%1h65.958−0.018%$5.2M$10.6M25xas long as short
Paradex XAG-USD-PERP+0.0119%8h65.951−0.028%$30K$1K5xas long as short
Bybit XAGUSDT+0.0121%4h65.980+0.015%$27.4M$36.5M150xas long as short
Aster XAGUSDT+0.0138%4h65.9700.000%$2.7M$871K100xas long as short
Nado XAG-PERP+0.0180%1h65.919−0.078%$1.4M$6.0M10xas long as short
Aevo XAG-PERP+0.0184%1h65.960−0.016%$47K10xas long as short
Variational Omni XAG+0.0188%4h65.963−0.010%$5.6M$9.4Mas long as short
MEXC SILVER_USDT+0.0202%4h65.960−0.015%$112.8M$152.1M1000xas long as short
Binance XAGUSDT+0.0203%4h65.969−0.001%$191.0M$702.7M100xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h65.950−0.030%$75K$363K20xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.950−0.030%$1.8M$1.0M20xas long as short
Aftermath Perps XAGUSD+0.0217%1h65.937−0.049%$79K$36K10xas long as short
GRVT XAG_USDT_Perp+0.0218%4h66.022+0.079%$394K$1.5M25xas long as short
edgeX XAGUSDC+0.0219%4h65.962−0.013%$669K$310K30xas long as short
OKX XAG-USDT-SWAP+0.0234%8h65.9700.000%$27.7M$64.8M50xas long as short
Bullet SILVER-USD+0.0235%1h65.974+0.007%$45K$76K10xas long as short
BloFin XAG-USDT+0.0238%4h65.960−0.015%$2.6M$556K100xas long as short
Bitget XAGUSDT+0.0244%4h65.9700.000%$23.9M$45.3M100xas long as short
Hibachi XAG/USDT-P+0.0336%1h65.912−0.089%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]shortL +0.0387% / S −0.0440%1h65.975+0.008%$105K111x
Kraken Futures PF_XAGUSD+0.0625%1h65.935−0.053%$910K$683K25xas long as short