AmphiLIQUID
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GLD
SLV
Metals

GLD ⇄ SLV

97.15
-2.85% since 2026-08-23 · 7d -3.51%

The gold-to-silver ratio, a spread older than exchanges. Long is long SPDR Gold Trust and short iShares Silver Trust.

Index, 30 daily closes━ index · ━ GLD alone · ┅ SLV alone (rebased to 100)
8892959910208-2309-0709-21
Node not answeringPaper venuewaiting for a read
Mark (settled)97.1496
Spot index—
Last daily close95.7046
GLD · SLV$392.40 · $58.14

The slow clock here is the time-weighted mean of this page's own reads (up to 30 min); AmphiBook keeps the same mean on chain, updated on every poke.

Your paper positions

Connect a wallet to start a paper session with $10.00K of test USDG. Nothing is sent on chain.

The pair in numbers

30d realised vol22.0%
Correlation of the legs0.83
High · low100.00 · 95.31
1d · 7d · all-0.64% · -3.51% · -4.30%
Base day2026-08-23 · $434.84 / $62.60

Where each leg is priced

GLD · SPDR Gold Trust$392.40
Pool · Uniswap v3 0.3%0x7a6a…97ec ↗ $1.53M USDG
SLV · iShares Silver Trust$58.14
Pool · Uniswap v3 0.3%0x8cb7…cb3d ↗ $89.33K USDG

Skew and escrow, at any book

There is no shared book on the paper venue yet, so this is the formula, not a reading. Drag the open interest.

75% long25% short
Crowded side pays0.40 bp/h (35.0% a year)
Thin side is paid0.60 bp/h on its own OI
To the vault, per day$288.00
Vault escrow, net (at 3× margin)$1.13M vs $1.60M gross

How the mark, the cap and the skew work: two clocks · escrow · skew.