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: dYdX against Polymarket Perps+0.033%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
The price spread pays, funding is against you. dYdX is 0.033% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SILVER-USD | 66.065 | 0.0050 | pay 0.0006% / 1h | 4m 27s | $3.9M | $672K | 20x |
| Short | dYdX XAG-USD | 66.087 | 0 | get 0.0000% / 1h | 4m 27s | $15K | — | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$10.5
- Price spread: +0.033% → 0.000%
- $3.33
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$25.17
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 5 min ago; dYdX: 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, 5 min ago | 0.08 bp | 6.5 bp −$6 | 6.6 bp −$66 | 7.7 bp −$769 | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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-USDshort | 0.0000% | 1h | 66.087 | +0.033% | $15K | — | 5x | |
| Gate XAG_USDT | 0.0000% | 4h | 66.130 | +0.098% | $149.5M | $165.2M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.160 | +0.144% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.200 | +0.204% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.160 | +0.144% | $1.5M | $255K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.110 | +0.068% | $121K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.106 | +0.063% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.050 | −0.022% | $5.2M | $12.0M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.507% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.170 | +0.159% | $796K | $3.0M | 40x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | +0.0044% | 1h | 66.010 | −0.083% | $5.7M | $9.7M | 25x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.546 | +0.728% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USDlong | +0.0050% | 1h | 66.065 | long leg | $3.9M | $672K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.087 | +0.033% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.110 | +0.068% | $114K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0066% | 24h | 66.121 | +0.085% | $544K | $24.8M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.097 | +0.048% | $56K | $26K | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0088% | 1h | 66.086 | +0.032% | $35K | $21K | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0093% | 1h | 66.066 | +0.002% | $165.3M | $73.8M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.062 | −0.005% | $470K | $612K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.070 | +0.008% | $24.4M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.150 | +0.129% | $113K | $30K | 50x | as long as short |
| Aster XAGUSDT | +0.0123% | 4h | 66.116 | +0.077% | $2.7M | $878K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0126% | 8h | 66.109 | +0.066% | $30K | $1K | 5x | as long as short |
| Bybit XAGUSDT | +0.0133% | 4h | 66.120 | +0.083% | $26.9M | $36.1M | 150x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.155 | +0.136% | $47K | — | 10x | as long as short |
| Variational Omni XAG | +0.0178% | 4h | 66.142 | +0.117% | $5.6M | $9.8M | — | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.111 | +0.069% | $1.3M | $4.4M | 20x | as long as short |
| Lighter XAG | +0.0184% | 1h | 66.106 | +0.063% | $5.2M | $10.6M | 25x | as long as short |
| Binance XAGUSDT | +0.0189% | 4h | 66.100 | +0.053% | $191.6M | $705.6M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0190% | 4h | 66.090 | +0.038% | $106.8M | $154.1M | 1000x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.180 | +0.174% | $1.8M | $1.0M | 20x | as long as short |
| edgeX XAGUSDC | +0.0197% | 4h | 66.162 | +0.147% | $671K | $314K | 30x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0204% | 1h | 66.140 | +0.114% | $63K | $336K | 20x | as long as short |
| BloFin XAG-USDT | +0.0207% | 4h | 66.170 | +0.159% | $2.6M | $551K | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0215% | 8h | 66.100 | +0.053% | $27.7M | $65.8M | 50x | as long as short |
| Nado XAG-PERP | +0.0224% | 1h | 66.056 | −0.013% | $1.3M | $6.5M | 10x | as long as short |
| Aftermath Perps XAGUSD | +0.0230% | 1h | 66.127 | +0.093% | $80K | $37K | 10x | as long as short |
| Bitget XAGUSDT | +0.0238% | 4h | 66.100 | +0.053% | $23.7M | $45.7M | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0256% | 4h | 66.200 | +0.204% | $397K | $1.5M | 25x | as long as short |
| Bullet SILVER-USD | +0.0271% | 1h | 66.112 | +0.071% | $45K | $76K | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 66.120 | +0.083% | $20K | $19K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0360% / S −0.0387% | 1h | 66.175 | +0.167% | $103K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0551% | 1h | 66.130 | +0.098% | $912K | $674K | 25x | as long as short |
Polymarket Perps SILVER-USD
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 PERP
StandX XAG-USD
SoDEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Bybit XAGUSDT
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
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD