Funding you earn now, next payment 23:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.030%
Price spread now: Polymarket Perps against Extended+0.060%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$160.161% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 7 days−0.086%−$9 · spread now +0.060%, 7d avg −0.031%
=Together, before fees−0.101%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.091% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XAG-USD | 66.171 | 0.0032 | pay 0.0004% / 1h | 16m 53s | $5.5M | $12.4M | 10x |
| Short | Polymarket Perps SILVER-USD | 66.211 | 0.0050 | get 0.0006% / 1h | 16m 53s | $3.9M | $698K | 20x |
Extended XAG-USD
Polymarket Perps SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Extended. 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
- $3.78
- Price spread: +0.060% → −0.031%
- $9.08
- Slippage, 4 orders
- −$3.14
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$3.28
- Costs to cover
- 0.161%
- Break-even
- 13.1 days
Slippage from Extended: live order book, 2 min ago; Polymarket Perps: live order book, 7 min ago.
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 Extended live order book, 2 min ago | 0.08 bp | 2.6 bp −$3 | 5.0 bp −$50 | 11.3 bp −$1,132 | doesn't fit |
| Sell Polymarket Perps live order book, 7 min ago | 0.08 bp | 5.0 bp −$5 | 5.9 bp −$59 | 7.1 bp −$713 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAGUSD | −0.0272% | 1h | 66.209 | +0.058% | $766K | $569K | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.175 | +0.006% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.250 | +0.119% | $25.6M | $33.3M | 150x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 66.250 | +0.119% | $1.3M | $4.2M | 20x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.240 | +0.104% | $146.2M | $173.0M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.250 | +0.119% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.280 | +0.164% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.260 | +0.134% | $1.5M | $248K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.179 | +0.011% | $120K | — | 250x | as long as short |
| QFEX SILVER-USD | +0.0016% | 1h | 66.220 | +0.074% | $144K | $2.8M | 20x | as long as short |
Kraken Futures PF_XAGUSD
dYdX XAG-USD
Bybit XAGUSDT
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
QFEX SILVER-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAG | +0.0032% | 1h | 66.229 | +0.087% | $4.7M | $9.8M | 25x | as long as short |
| Extended XAG-USDlong | +0.0032% | 1h | 66.171 | long leg | $5.5M | $12.4M | 10x | |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.346% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.180 | +0.013% | $792K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.679 | +0.767% | — | — | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.203 | +0.048% | $165.0M | $88.3M | 25x | as long as short |
| Polymarket Perps SILVER-USDshort | +0.0050% | 1h | 66.211 | +0.060% | $3.9M | $698K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.176 | +0.007% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.140 | −0.047% | $5.7M | $9.9M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0057% | 24h | 66.194 | +0.034% | $583K | $21.3M | 8.1x | as long as short |
| Aster XAGUSDT | +0.0060% | 4h | 66.252 | +0.122% | $2.8M | $1.0M | 100x | as long as short |
| Bitget XAGUSDT | +0.0062% | 4h | 66.250 | +0.119% | $24.0M | $47.7M | 100x | as long as short |
| Variational Omni XAG | +0.0064% | 4h | 66.237 | +0.099% | $5.5M | $10.5M | — | as long as short |
| Hotstuff SILVER-PERP | +0.0072% | 1h | 66.210 | +0.058% | $35K | $21K | 20x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 66.194 | +0.034% | $56K | $26K | 25x | as long as short |
| MEXC SILVER_USDT | +0.0080% | 4h | 66.240 | +0.104% | $118.2M | $181.8M | 1000x | as long as short |
| Binance XAGUSDT | +0.0081% | 4h | 66.239 | +0.102% | $189.7M | $727.4M | 100x | as long as short |
| edgeX XAGUSDC | +0.0084% | 4h | 66.235 | +0.097% | $672K | $315K | 30x | as long as short |
| Aevo XAG-PERP | +0.0088% | 1h | 66.237 | +0.100% | $48K | — | 10x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.184 | +0.019% | $473K | $625K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.210 | +0.058% | $24.3M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.180 | +0.013% | $113K | $26K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 66.220 | +0.074% | $1.9M | $862K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0110% | 4h | 66.240 | +0.104% | $390K | $1.5M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0116% | 8h | 66.230 | +0.088% | $30K | $1K | 5x | as long as short |
| BloFin XAG-USDT | +0.0123% | 4h | 66.250 | +0.119% | $2.5M | $847K | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0125% | 1h | 66.191 | +0.030% | $80K | $40K | 10x | as long as short |
| Lighter XAG | +0.0128% | 1h | 66.227 | +0.084% | $5.2M | $11.0M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0144% | 1h | 66.193 | +0.033% | $20K | $22K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0171% | 8h | 66.260 | +0.134% | $27.3M | $66.4M | 50x | as long as short |
| Nado XAG-PERP | +0.0221% | 1h | 66.188 | +0.026% | $1.3M | $6.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0264% | 1h | 66.249 | +0.118% | $44K | $74K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0303% / S −0.0300% | 1h | 66.245 | +0.111% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0354% | 1h | 66.230 | +0.089% | $51K | $359K | 20x | as long as short |
Lighter RH XAG
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
tradeXYZ xyz:SILVER
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
Kalshi KXSILVERPERP
Aster XAGUSDT
Bitget XAGUSDT
Variational Omni XAG
Hotstuff SILVER-PERP
Phoenix SILVER
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Aevo XAG-PERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Paradex XAG-USD-PERP
BloFin XAG-USDT
Aftermath Perps XAGUSD
Lighter XAG
Hibachi XAG/USDT-P
OKX XAG-USDT-SWAP
Nado XAG-PERP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL