Funding you earn now, next payment 03:00 UTC−0.0173%/8h= −19.0% APRnext payment −$0.22 per $10,000 · paid last 24h −0.039%
Price spread now: Polymarket Perps against Nado+0.019%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 3 days (all we have)−0.037%−$4 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.019%, 7d avg −0.066%
=Together, before fees−0.084%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.085% dearer against Nado than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.066%): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 39 hours. At the pace of the last 3 days (−0.037% in total) that is about 7.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XAG-PERP | 66.124 | 0.0223 | pay 0.0028% / 1h | 4m 45s | $1.3M | $6.5M | 10x |
| Short | Polymarket Perps SILVER-USD | 66.136 | 0.0050 | get 0.0006% / 1h | 4m 45s | $3.9M | $672K | 20x |
Nado XAG-PERP
Polymarket Perps SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Nado. 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
- −$36.42
- Price spread: +0.019% → −0.066%
- $8.45
- Slippage, 4 orders
- −$4.29
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$47.25
- Costs to cover
- 0.193%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; Polymarket Perps: live order book, 4 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 Nado live order book, 4 min ago | 0.08 bp | 4.4 bp −$4 | 7.8 bp −$78 | 27.8 bp −$2,784 | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 0.08 bp | 4.3 bp −$4 | 4.9 bp −$49 | 7.0 bp −$695 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 66.087 | −0.055% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.130 | +0.010% | $149.5M | $165.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.160 | +0.055% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.200 | +0.115% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.160 | +0.055% | $1.5M | $255K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.110 | −0.021% | $121K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0016% | 1h | 66.122 | −0.003% | $35K | $21K | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.106 | −0.026% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.050 | −0.111% | $5.2M | $12.0M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.418% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Hotstuff SILVER-PERP
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 | 66.160 | +0.055% | $796K | $3.0M | 40x | as long as short |
| Ondo Perps XAG-USD.P | +0.0044% | 1h | 66.010 | −0.172% | $5.7M | $9.7M | 25x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.602 | +0.723% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USDshort | +0.0050% | 1h | 66.136 | +0.019% | $3.9M | $672K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.087 | −0.055% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.170 | +0.070% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0066% | 24h | 66.121 | −0.004% | $544K | $24.8M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.097 | −0.040% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0093% | 1h | 66.077 | −0.071% | $165.3M | $73.8M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.062 | −0.093% | $470K | $612K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.070 | −0.081% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.150 | +0.040% | $113K | $30K | 50x | as long as short |
| Aster XAGUSDT | +0.0123% | 4h | 66.124 | 0.000% | $2.7M | $878K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0126% | 8h | 66.109 | −0.023% | $30K | $1K | 5x | as long as short |
| Bybit XAGUSDT | +0.0133% | 4h | 66.140 | +0.025% | $26.9M | $36.1M | 150x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.155 | +0.048% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0178% | 4h | 66.142 | +0.028% | $5.6M | $9.8M | — | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.111 | −0.020% | $1.3M | $4.4M | 20x | as long as short |
| Lighter XAG | +0.0184% | 1h | 66.106 | −0.026% | $5.2M | $10.6M | 25x | as long as short |
| Binance XAGUSDT | +0.0189% | 4h | 66.118 | −0.009% | $191.7M | $705.7M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0190% | 4h | 66.110 | −0.021% | $106.8M | $154.1M | 1000x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.180 | +0.085% | $1.8M | $1.0M | 20x | as long as short |
| edgeX XAGUSDC | +0.0197% | 4h | 66.162 | +0.058% | $671K | $314K | 30x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0204% | 1h | 66.140 | +0.025% | $63K | $336K | 20x | as long as short |
| BloFin XAG-USDT | +0.0207% | 4h | 66.170 | +0.070% | $2.6M | $551K | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0216% | 8h | 66.110 | −0.021% | $27.6M | $65.8M | 50x | as long as short |
| Nado XAG-PERPlong | +0.0223% | 1h | 66.124 | long leg | $1.3M | $6.5M | 10x | |
| Aftermath Perps XAGUSD | +0.0230% | 1h | 66.152 | +0.044% | $80K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0238% | 4h | 66.110 | −0.021% | $23.8M | $45.6M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0256% | 4h | 66.200 | +0.115% | $397K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0272% | 1h | 66.174 | +0.076% | $45K | $75K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 66.108 | −0.024% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0360% / S −0.0387% | 1h | 66.175 | +0.078% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0551% | 1h | 66.130 | +0.009% | $912K | $674K | 25x | as long as short |
StandX XAG-USD
Ondo Perps XAG-USD.P
Vest SI-PERP
SoDEX SILVER-USD
QFEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Bybit XAGUSDT
Aevo XAG-PERP
Variational Omni XAG
RISEx XAG/USDC
Lighter XAG
Binance XAGUSDT
MEXC SILVER_USDT
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
Deribit SILVER_USDC-PERPETUAL
BloFin XAG-USDT
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Bitget XAGUSDT
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD