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
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XAG-PERP | 66.546 | 0.0136 | pay 0.0017% / 1h | 46m 29s | $48K | — | 10x |
| Short | Polymarket Perps SILVER-USD | 66.526 | 0.0050 | get 0.0006% / 1h | 46m 29s | $3.9M | $669K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 3 min ago | 0.75 bp | 5.6 bp −$6 | 5.8 bp −$58 | 6.6 bp −$664 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −0.0032% | 1h | 66.495 | −0.077% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.486 | −0.090% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.550 | +0.006% | $154.7M | $161.3M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.530 | −0.024% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.570 | +0.036% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.580 | +0.051% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.479 | −0.101% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.548 | +0.002% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.489 | −0.086% | $5.4M | $12.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.220% | $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 | −0.024% | $800K | $2.9M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.988 | +0.664% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.496 | −0.075% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USDshort | +0.0050% | 1h | 66.526 | −0.030% | $3.9M | $669K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.491 | −0.083% | $3K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.450 | −0.144% | $5.7M | $9.6M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.550 | +0.006% | $115K | $2.7M | 20x | as long as short |
| Bybit XAGUSDT | +0.0056% | 4h | 66.590 | +0.066% | $26.5M | $36.0M | 150x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.503 | −0.065% | $566K | $23.0M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.568 | +0.033% | $1.3M | $4.3M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.490 | −0.084% | $473K | $610K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.520 | −0.039% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.550 | +0.006% | $127K | $23K | 50x | as long as short |
| tradeXYZ xyz:SILVER | +0.0103% | 1h | 66.526 | −0.030% | $166.1M | $79.2M | 25x | as long as short |
| BloFin XAG-USDT | +0.0103% | 4h | 66.570 | +0.036% | $2.6M | $624K | 100x | as long as short |
| Aster XAGUSDT | +0.0112% | 4h | 66.560 | +0.021% | $2.8M | $1.0M | 100x | as long as short |
| Variational Omni XAG | +0.0120% | 4h | 66.595 | +0.073% | $5.6M | $9.7M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0121% | 8h | 66.559 | +0.019% | $30K | $1K | 5x | as long as short |
| Aevo XAG-PERPlong | +0.0136% | 1h | 66.546 | long leg | $48K | — | 10x | |
| MEXC SILVER_USDT | +0.0140% | 4h | 66.550 | +0.006% | $108.5M | $156.6M | 1000x | as long as short |
| edgeX XAGUSDC | +0.0141% | 4h | 66.584 | +0.058% | $676K | $315K | 30x | as long as short |
| Binance XAGUSDT | +0.0144% | 4h | 66.570 | +0.036% | $193.0M | $711.8M | 100x | as long as short |
| Lighter XAG | +0.0168% | 1h | 66.525 | −0.031% | $5.4M | $10.4M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.550 | +0.006% | $1.9M | $966K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0195% | 8h | 66.560 | +0.021% | $28.1M | $66.3M | 50x | as long as short |
| Bitget XAGUSDT | +0.0216% | 4h | 66.570 | +0.036% | $24.4M | $46.2M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0219% | 1h | 66.515 | −0.047% | $80K | $39K | 10x | as long as short |
| Nado XAG-PERP | +0.0219% | 1h | 66.520 | −0.039% | $1.3M | $6.5M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0224% | 4h | 66.601 | +0.083% | $398K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0285% | 1h | 66.542 | −0.006% | $45K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0288% | 1h | 66.486 | −0.091% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0292% / S −0.0281% | 1h | 66.555 | +0.013% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0461% | 1h | 66.510 | −0.054% | $767K | $546K | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0502% | 1h | 66.560 | +0.021% | $50K | $331K | 20x | as long as short |
Polymarket Perps SILVER-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Phoenix SILVER
SoDEX SILVER-USD
Bybit XAGUSDT
Kalshi KXSILVERPERP
RISEx XAG/USDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
tradeXYZ xyz:SILVER
BloFin XAG-USDT
Aster XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
MEXC SILVER_USDT
edgeX XAGUSDC
Binance XAGUSDT
Lighter XAG
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD
Deribit SILVER_USDC-PERPETUAL