Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Polymarket Perps against dYdX+0.072%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.072% dearer against dYdX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XAG-USD | 66.142 | 0 | get 0.0000% / 1h | 8m 09s | $15K | — | 5x |
| Short | Polymarket Perps SILVER-USD | 66.190 | 0.0050 | get 0.0006% / 1h | 8m 09s | $3.9M | $672K | 20x |
dYdX XAG-USD
Polymarket Perps SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against dYdX. 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
- $10.5
- Price spread: +0.072% → 0.000%
- $7.22
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$0.28
- Costs to cover
- 0.180%
- Break-even
- 7.2 days
Slippage unknown: dYdX: no order-book sample; Polymarket Perps: live order book, 6 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 6 min ago | 1.21 bp | 6.1 bp −$6 | 6.3 bp −$63 | 7.5 bp −$750 | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USDlong | 0.0000% | 1h | 66.142 | long leg | $15K | — | 5x | |
| Hotstuff SILVER-PERP | 0.0000% | 1h | 66.169 | +0.040% | $35K | $21K | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.230 | +0.133% | $149.9M | $165.1M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.230 | +0.133% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.250 | +0.163% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.220 | +0.118% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.159 | +0.026% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.202 | +0.090% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.155 | +0.019% | $5.2M | $12.0M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.390% | $11K | $94K | 52x | as long as short |
Hotstuff SILVER-PERP
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 PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX XAG-USD | +0.0040% | 1h | 66.180 | +0.057% | $796K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.650 | +0.768% | — | — | 25x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.080 | −0.094% | $5.7M | $9.7M | 25x | as long as short |
| Polymarket Perps SILVER-USDshort | +0.0050% | 1h | 66.190 | +0.072% | $3.9M | $672K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.147 | +0.007% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.230 | +0.133% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0066% | 24h | 66.156 | +0.021% | $545K | $24.8M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.217 | +0.113% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0094% | 1h | 66.187 | +0.068% | $165.9M | $73.5M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.170 | +0.042% | $471K | $612K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.180 | +0.057% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.220 | +0.118% | $113K | $30K | 50x | as long as short |
| Aster XAGUSDT | +0.0125% | 4h | 66.190 | +0.072% | $2.7M | $877K | 100x | as long as short |
| Bybit XAGUSDT | +0.0125% | 4h | 66.230 | +0.133% | $26.9M | $36.1M | 150x | as long as short |
| Paradex XAG-USD-PERP | +0.0127% | 8h | 66.210 | +0.102% | $30K | $1K | 5x | as long as short |
| BloFin XAG-USDT | +0.0134% | 4h | 66.210 | +0.102% | $2.6M | $552K | 100x | as long as short |
| Variational Omni XAG | +0.0174% | 4h | 66.172 | +0.045% | $5.6M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.216 | +0.111% | $48K | — | 10x | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.227 | +0.128% | $1.3M | $4.4M | 20x | as long as short |
| Lighter XAG | +0.0184% | 1h | 66.209 | +0.101% | $5.2M | $10.6M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0190% | 4h | 66.210 | +0.102% | $106.2M | $154.0M | 1000x | as long as short |
| Binance XAGUSDT | +0.0190% | 4h | 66.217 | +0.113% | $192.0M | $705.9M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.180 | +0.057% | $1.8M | $1.0M | 20x | as long as short |
| edgeX XAGUSDC | +0.0199% | 4h | 66.176 | +0.050% | $671K | $313K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0217% | 8h | 66.200 | +0.087% | $27.7M | $65.8M | 50x | as long as short |
| Nado XAG-PERP | +0.0222% | 1h | 66.169 | +0.040% | $1.3M | $6.5M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0226% | 1h | 66.191 | +0.073% | $80K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0240% | 4h | 66.230 | +0.133% | $23.8M | $45.7M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0254% | 4h | 66.225 | +0.125% | $390K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0272% | 1h | 66.234 | +0.139% | $45K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0288% | 1h | 66.150 | +0.012% | $20K | $19K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0355% | 1h | 66.200 | +0.087% | $57K | $329K | 20x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0359% / S −0.0385% | 1h | 66.225 | +0.125% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0550% | 1h | 66.191 | +0.073% | $913K | $674K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
Ondo Perps XAG-USD.P
SoDEX SILVER-USD
QFEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aster XAGUSDT
Bybit XAGUSDT
Paradex XAG-USD-PERP
BloFin XAG-USDT
Variational Omni XAG
Aevo XAG-PERP
RISEx XAG/USDC
Lighter XAG
MEXC SILVER_USDT
Binance XAGUSDT
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Nado XAG-PERP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD