Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h −0.030%
Price spread now: Hotstuff against Polymarket Perps−0.015%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno 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: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SILVER-USD65.9760.0050pay 0.0006% / 1h50m 16s$3.9M$674K20x
ShortHotstuff SILVER-PERP65.9660.0032get 0.0004% / 1h50m 16s$35K$21K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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 it
latest
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: −0.015% → 0.000%
−$1.52
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$18.3
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 4 min ago; Hotstuff: 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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 4 min ago1.21 bp5.2 bp −$56.4 bp −$648.4 bp −$837doesn't fit
Sell Hotstuff no order-book sample
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 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0050%1h65.900−0.115%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.934−0.064%$14K5xas long as short
SunX XAG-USDT0.0000%4h66.020+0.067%$2K$2.7M20xas long as short
HTX XAG-USDT0.0000%4h66.040+0.097%$1.0M$968K75xas long as short
Phemex XAGUSDT0.0000%4h66.030+0.082%$1.5M$319K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.947−0.044%$120K250xas long as short
Lighter RH XAG+0.0032%1h65.992+0.024%$4.8M$9.4M25xas long as short
Extended XAG-USD+0.0032%1h65.950−0.039%$5.2M$11.5M10xas long as short
Hotstuff SILVER-PERPshort+0.0032%1h65.966−0.015%$35K$21K20x
Injective XAG/USDC PERP+0.0033%1h66.400+0.643%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.990+0.021%$794K$3.1M40xas long as short
Vest SI-PERP+0.0046%1h66.440+0.703%25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.978+0.003%$166.0M$73.6M25xas long as short
Polymarket Perps SILVER-USDlong+0.0050%1h65.976long leg$3.9M$674K20x
SoDEX SILVER-USD+0.0050%1h65.935−0.062%$3K$6K20xas long as short
Gate XAG_USDT+0.0056%4h66.030+0.082%$149.7M$163.2M100xas long as short
QFEX SILVER-USD+0.0060%1h66.000+0.036%$114K$2.7M20xas long as short
Kalshi KXSILVERPERP+0.0072%24h65.957−0.029%$536K$25.8M8.1xas long as short
Phoenix SILVER+0.0073%1h65.935−0.062%$56K$26K25xas long as short
RISEx XAG/USDC+0.0080%1h66.013+0.056%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h65.946−0.045%$469K$615K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.970−0.009%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.950−0.039%$113K$30K50xas long as short
Bybit XAGUSDT+0.0102%4h66.040+0.097%$27.3M$36.3M150xas long as short
GRVT XAG_USDT_Perp+0.0108%4h65.990+0.021%$393K$1.5M25xas long as short
Lighter XAG+0.0120%1h65.993+0.026%$5.2M$10.6M25xas long as short
Paradex XAG-USD-PERP+0.0132%8h66.001+0.038%$30K$1K5xas long as short
Aster XAGUSDT+0.0143%4h65.973−0.005%$2.7M$863K100xas long as short
Nado XAG-PERP+0.0157%1h65.972−0.006%$1.4M$6.1M10xas long as short
Aevo XAG-PERP+0.0192%1h65.997+0.032%$47K10xas long as short
Variational Omni XAG+0.0195%4h65.993+0.026%$5.6M$9.4Mas long as short
Deribit SILVER_USDC-PERPETUAL+0.0205%1h65.990+0.021%$75K$363K20xas long as short
MEXC SILVER_USDT+0.0206%4h66.020+0.067%$113.1M$151.6M1000xas long as short
Binance XAGUSDT+0.0208%4h66.020+0.067%$191.2M$702.7M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h65.950−0.039%$1.8M$1.0M20xas long as short
edgeX XAGUSDC+0.0218%4h65.953−0.035%$669K$311K30xas long as short
Aftermath Perps XAGUSD+0.0219%1h65.961−0.023%$79K$36K10xas long as short
BloFin XAG-USDT+0.0220%4h66.020+0.067%$2.6M$557K100xas long as short
Bullet SILVER-USD+0.0230%1h66.027+0.077%$45K$75K10xas long as short
OKX XAG-USDT-SWAP+0.0234%8h66.020+0.067%$27.7M$64.8M50xas long as short
Bitget XAGUSDT+0.0248%4h66.000+0.036%$23.9M$45.4M100xas long as short
Hibachi XAG/USDT-P+0.0360%1h65.948−0.042%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h66.015+0.059%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0624%1h65.978+0.002%$911K$683K25xas long as short