Funding you earn now, next payment 05:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.049%
Price spread now: Bullet against Polymarket Perps+0.067%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bullet is 0.067% dearer against Polymarket Perps 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 | Polymarket Perps SILVER-USD | 66.036 | 0.0050 | pay 0.0006% / 1h | 22m 17s | $3.9M | $674K | 20x |
| Short | Bullet SILVER-USD | 66.080 | 0.0226 | get 0.0028% / 1h | 22m 17s | $45K | $76K | 10x |
Polymarket Perps SILVER-USD
Bullet SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Polymarket Perps. 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
- $37.04
- Price spread: +0.067% → 0.000%
- $6.73
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $27.76
- Costs to cover
- 0.160%
- Break-even
- 1.8 days
Slippage unknown: Polymarket Perps: live order book, 2 min ago; Bullet: no order-book sample. 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 Polymarket Perps live order book, 2 min ago | 0.83 bp | 5.5 bp −$5 | 5.9 bp −$59 | 7.4 bp −$744 | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0056% | 1h | 65.950 | −0.130% | $5.7M | $9.2M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.989 | −0.072% | $15K | — | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.080 | +0.067% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.120 | +0.127% | $1.0M | $957K | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.080 | +0.067% | $1.5M | $320K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.020 | −0.024% | $120K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0006% | 4h | 66.090 | +0.082% | $149.9M | $163.8M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.060 | +0.037% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.020 | −0.024% | $5.2M | $11.5M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.551% | $11K | $94K | 52x | as long as short |
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
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 | 66.060 | +0.036% | $795K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.497 | +0.698% | — | — | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.037 | +0.002% | $166.5M | $73.8M | 25x | as long as short |
| Polymarket Perps SILVER-USDlong | +0.0050% | 1h | 66.036 | long leg | $3.9M | $674K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.021 | −0.023% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0057% | 8h | 66.052 | +0.024% | $30K | $1K | 5x | as long as short |
| QFEX SILVER-USD | +0.0060% | 1h | 66.040 | +0.006% | $114K | $2.7M | 20x | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 65.963 | −0.111% | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0073% | 24h | 66.044 | +0.012% | $518K | $26.1M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0080% | 1h | 66.066 | +0.045% | $1.3M | $4.9M | 20x | as long as short |
| Lighter XAG | +0.0096% | 1h | 66.071 | +0.053% | $5.3M | $10.8M | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0096% | 1h | 66.041 | +0.008% | $35K | $21K | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.016 | −0.030% | $470K | $608K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.040 | +0.006% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.980 | −0.085% | $113K | $30K | 50x | as long as short |
| Bybit XAGUSDT | +0.0124% | 4h | 66.090 | +0.082% | $27.8M | $36.6M | 150x | as long as short |
| Aster XAGUSDT | +0.0129% | 4h | 66.070 | +0.051% | $2.7M | $866K | 100x | as long as short |
| BloFin XAG-USDT | +0.0160% | 4h | 66.040 | +0.006% | $2.6M | $563K | 100x | as long as short |
| Aevo XAG-PERP | +0.0168% | 1h | 66.064 | +0.043% | $47K | — | 10x | as long as short |
| Nado XAG-PERP | +0.0170% | 1h | 66.026 | −0.015% | $1.4M | $5.8M | 10x | as long as short |
| Variational Omni XAG | +0.0178% | 4h | 66.013 | −0.035% | $5.6M | $9.4M | — | as long as short |
| Binance XAGUSDT | +0.0184% | 4h | 66.077 | +0.062% | $191.2M | $702.2M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0186% | 4h | 66.070 | +0.051% | $114.7M | $152.6M | 1000x | as long as short |
| Aftermath Perps XAGUSD | +0.0189% | 1h | 65.974 | −0.093% | $79K | $36K | 10x | as long as short |
| edgeX XAGUSDC | +0.0196% | 4h | 66.015 | −0.032% | $670K | $310K | 30x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0204% | 1h | 66.060 | +0.036% | $75K | $363K | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0206% | 4h | 66.026 | −0.015% | $394K | $1.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0208% | 1h | 66.030 | −0.009% | $1.8M | $1.0M | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0226% | 8h | 66.080 | +0.067% | $27.7M | $64.6M | 50x | as long as short |
| Bullet SILVER-USDshort | +0.0226% | 1h | 66.080 | +0.067% | $45K | $76K | 10x | |
| Bitget XAGUSDT | +0.0230% | 4h | 66.080 | +0.067% | $24.0M | $45.2M | 100x | as long as short |
| Hibachi XAG/USDT-P | +0.0304% | 1h | 65.970 | −0.100% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0388% / S −0.0440% | 1h | 66.085 | +0.074% | $105K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0623% | 1h | 66.046 | +0.014% | $912K | $683K | 25x | as long as short |
StandX XAG-USD
Vest SI-PERP
tradeXYZ xyz:SILVER
SoDEX SILVER-USD
Paradex XAG-USD-PERP
QFEX SILVER-USD
Phoenix SILVER
Kalshi KXSILVERPERP
RISEx XAG/USDC
Lighter XAG
Hotstuff SILVER-PERP
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Bybit XAGUSDT
Aster XAGUSDT
BloFin XAG-USDT
Aevo XAG-PERP
Nado XAG-PERP
Variational Omni XAG
Binance XAGUSDT
MEXC SILVER_USDT
Aftermath Perps XAGUSD
edgeX XAGUSDC
Deribit SILVER_USDC-PERPETUAL
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD