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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0086%/8h= −9.4% APRnext payment $0.11 per $10,000 · paid last 24h −0.019%
Price spread now: Polymarket Perps against Aevo−0.030%52s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.030% cheaper against Aevo than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XAG-PERP66.5460.0136pay 0.0017% / 1h46m 29s$48K10x
ShortPolymarket Perps SILVER-USD66.5260.0050get 0.0006% / 1h46m 29s$3.9M$669K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aevo. 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
−$18.06
Price spread: −0.030% → 0.000%
−$3.02
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$45.08
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Polymarket Perps: live order book, 3 min ago. 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 Aevo no order-book sample
Sell Polymarket Perps live order book, 3 min ago0.75 bp5.6 bp −$65.8 bp −$586.6 bp −$664doesn't fit
Aevo: 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−0.0032%1h66.495−0.077%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h66.486−0.090%$15K5xas long as short
Gate XAG_USDT0.0000%4h66.550+0.006%$154.7M$161.3M100xas long as short
SunX XAG-USDT0.0000%4h66.530−0.024%$2K$2.8M20xas long as short
HTX XAG-USDT0.0000%4h66.570+0.036%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.580+0.051%$1.5M$250K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.479−0.101%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.548+0.002%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h66.489−0.086%$5.4M$12.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400−0.220%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.530−0.024%$800K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h66.988+0.664%25xas long as short
Phoenix SILVER+0.0048%1h66.496−0.075%$56K$26K25xas long as short
Polymarket Perps SILVER-USDshort+0.0050%1h66.526−0.030%$3.9M$669K20x
SoDEX SILVER-USD+0.0050%1h66.491−0.083%$3K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.450−0.144%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0054%1h66.550+0.006%$115K$2.7M20xas long as short
Bybit XAGUSDT+0.0056%4h66.590+0.066%$26.5M$36.0M150xas long as short
Kalshi KXSILVERPERP+0.0060%24h66.503−0.065%$566K$23.0M8.1xas long as short
RISEx XAG/USDC+0.0079%1h66.568+0.033%$1.3M$4.3M20xas long as short
Pacifica XAG+0.0100%1h66.490−0.084%$473K$610K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.520−0.039%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.550+0.006%$127K$23K50xas long as short
tradeXYZ xyz:SILVER+0.0103%1h66.526−0.030%$166.1M$79.2M25xas long as short
BloFin XAG-USDT+0.0103%4h66.570+0.036%$2.6M$624K100xas long as short
Aster XAGUSDT+0.0112%4h66.560+0.021%$2.8M$1.0M100xas long as short
Variational Omni XAG+0.0120%4h66.595+0.073%$5.6M$9.7Mas long as short
Paradex XAG-USD-PERP+0.0121%8h66.559+0.019%$30K$1K5xas long as short
Aevo XAG-PERPlong+0.0136%1h66.546long leg$48K10x
MEXC SILVER_USDT+0.0140%4h66.550+0.006%$108.5M$156.6M1000xas long as short
edgeX XAGUSDC+0.0141%4h66.584+0.058%$676K$315K30xas long as short
Binance XAGUSDT+0.0144%4h66.570+0.036%$193.0M$711.8M100xas long as short
Lighter XAG+0.0168%1h66.525−0.031%$5.4M$10.4M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.550+0.006%$1.9M$966K20xas long as short
OKX XAG-USDT-SWAP+0.0195%8h66.560+0.021%$28.1M$66.3M50xas long as short
Bitget XAGUSDT+0.0216%4h66.570+0.036%$24.4M$46.2M100xas long as short
Aftermath Perps XAGUSD+0.0219%1h66.515−0.047%$80K$39K10xas long as short
Nado XAG-PERP+0.0219%1h66.520−0.039%$1.3M$6.5M10xas long as short
GRVT XAG_USDT_Perp+0.0224%4h66.601+0.083%$398K$1.5M25xas long as short
Bullet SILVER-USD+0.0285%1h66.542−0.006%$45K$76K10xas long as short
Hibachi XAG/USDT-P+0.0288%1h66.486−0.091%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0292% / S −0.0281%1h66.555+0.013%$103K111xas long as short
Kraken Futures PF_XAGUSD+0.0461%1h66.510−0.054%$767K$546K25xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0502%1h66.560+0.021%$50K$331K20xas long as short