XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0118%/8h= −12.9% APRnext payment −$0.15 per $10,000 · paid last 24h +0.034%

Price spread now: Polymarket Perps against Hotstuff−0.006%54s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 54 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	Hotstuff SILVER-PERP	66.016	0.0168	pay 0.0021% / 1h	12m 30s	$35K	$21K	20x
Short	Polymarket Perps SILVER-USD	66.012	0.0050	get 0.0006% / 1h	12m 30s	$3.9M	$743K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Hotstuff. 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

Position, each leg$Hold fordaysFee HotstuffbpFee Polymarket PerpsbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$24.78
Price spread: −0.006% → 0.000%: −$0.61
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$38.39
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Polymarket Perps: live order book, 2 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 2 min ago	0.08 bp	5.1 bp −$5	5.4 bp −$54	8.9 bp −$890	doesn't fit

Hotstuff: 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 42 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-USD	0.0000%	1h	65.992	−0.036%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.040	+0.036%	$25.8M	$36.9M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.030	+0.021%	$147.5M	$185.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.040	+0.036%	$2K	$3.4M	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	0.0000%	1h	66.060	+0.067%	$91K	$354K	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.070	+0.082%	$1.0M	$1.2M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.060	+0.067%	$1.5M	$250K	100x	as long as short
Nado XAG-PERP	+0.0005%	1h	66.040	+0.036%	$1.3M	$6.6M	10x	as long as short
Bullet SILVER-USD	+0.0007%	1h	66.057	+0.062%	$44K	$74K	10x	as long as short
Aftermath Perps XAGUSD	+0.0016%	1h	66.009	−0.011%	$79K	$40K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XAG	+0.0032%	1h	66.032	+0.025%	$5.1M	$11.5M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	66.032	+0.024%	$4.4M	$9.9M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.035	+0.028%	$5.3M	$14.9M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.582%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.040	+0.036%	$790K	$2.8M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.574	+0.845%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.020	+0.006%	$164.6M	$96.4M	25x	as long as short
Polymarket Perps SILVER-USDshort	+0.0050%	1h	66.012	−0.006%	$3.9M	$743K	20x
SoDEX SILVER-USD	+0.0050%	1h	66.014	−0.003%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.980	−0.055%	$5.4M	$9.8M	25x	as long as short
Kalshi KXSILVERPERP	+0.0055%	24h	66.007	−0.014%	$638K	$21.8M	8.1x	as long as short
Aster XAGUSDT	+0.0067%	4h	66.042	+0.039%	$2.8M	$1.2M	100x	as long as short
Phoenix SILVER	+0.0073%	1h	66.026	+0.015%	$56K	$26K	25x	as long as short
BloFin XAG-USDT	+0.0078%	4h	66.020	+0.006%	$2.6M	$1.2M	100x	as long as short
QFEX SILVER-USD	+0.0080%	1h	66.040	+0.036%	$143K	$2.8M	20x	as long as short
Bitget XAGUSDT	+0.0088%	4h	66.040	+0.036%	$23.7M	$53.0M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.032	+0.024%	$472K	$647K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.010	−0.009%	$24.2M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.060	+0.067%	$112K	$85K	50x	as long as short
Binance XAGUSDT	+0.0110%	4h	66.050	+0.052%	$190.5M	$804.9M	100x	as long as short
Paradex XAG-USD-PERP	+0.0112%	8h	66.063	+0.071%	$30K	$1K	5x	as long as short
MEXC SILVER_USDT	+0.0114%	4h	66.060	+0.067%	$123.1M	$192.4M	1000x	as long as short
Variational Omni XAG	+0.0127%	4h	66.052	+0.055%	$5.3M	$11.7M	—	as long as short
Aevo XAG-PERP	+0.0128%	1h	66.045	+0.045%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0142%	4h	66.052	+0.054%	$670K	$316K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0144%	4h	66.046	+0.045%	$390K	$1.6M	25x	as long as short
Hotstuff SILVER-PERPlong	+0.0168%	1h	66.016	long leg	$35K	$21K	20x
OKX XAG-USDT-SWAP	+0.0169%	8h	66.050	+0.052%	$27.5M	$70.3M	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.000	−0.024%	$1.9M	$1.2M	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0389% / S −0.0415%	1h	66.055	+0.059%	$102K	—	29x	as long as short
RISEx XAG/USDC	+0.0432%	1h	66.054	+0.058%	$1.3M	$4.3M	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0615%	1h	66.007	−0.013%	$775K	$628K	25x	as long as short