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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Ondo Perps against Polymarket Perps−0.091%7-day average −0.070% · 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 7 days−0.112%−$11 on $10k
Price spread, last 7 days+0.017%+$2 · spread now −0.091%, 7d avg −0.070%
Together, before fees−0.095%+ Points / potential airdropOndo Perps: Active · farm board−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.021% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SILVER-USD65.7500.0050pay 0.0006% / 1h7m 19s$3.8M$905K20x
ShortOndo Perps XAG-USD.P65.6900.0050get 0.0006% / 1h7m 19s$5.6M$11.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$0.08
Price spread: −0.091% → −0.070%
−$2.08
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$15
Costs to cover
0.130%
Break-even
1256.6 days
Slippage unknown: Polymarket Perps: live order book, 5 min ago; Ondo Perps: 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, 5 min ago0.08 bp6.8 bp −$76.9 bp −$698.5 bp −$852doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP−3.2000%1h65.748−0.003%$39K$26K20xas long as short
dYdX XAG-USD0.0000%1h65.705−0.068%$13K$8K5xas long as short
Gate XAG_USDT0.0000%4h65.780+0.046%$137.9M$206.9M100xas long as short
SunX XAG-USDT0.0000%4h65.770+0.030%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.820+0.106%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.770+0.030%$1.5M$257K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.708−0.064%$119K250xas long as short
Lighter RH XAG+0.0032%1h65.781+0.047%$4.6M$9.9M25xas long as short
Extended XAG-USD+0.0032%1h65.705−0.069%$5.1M$11.9M10xas long as short
Injective XAG/USDC PERP+0.0033%1h64.602−1.746%$11K$24052xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h65.730−0.030%$791K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.199+0.683%25xas long as short
Polymarket Perps SILVER-USDlong+0.0050%1h65.750long leg$3.8M$905K20x
SoDEX SILVER-USD+0.0050%1h65.704−0.070%$3K$6K20xas long as short
Ondo Perps XAG-USD.Pshort+0.0050%1h65.690−0.091%$5.6M$11.2M25x
QFEX SILVER-USD+0.0051%1h65.760+0.015%$448K$1.4M20xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.758+0.013%$29K5xas long as short
Bybit XAGUSDT+0.0060%4h65.770+0.030%$30.4M$48.2M150xas long as short
Variational Omni XAG+0.0068%4h65.678−0.109%$5.6M$9.0Mas long as short
Aster XAGUSDT+0.0085%4h65.768+0.028%$2.7M$1.2M100xas long as short
tradeXYZ xyz:SILVER+0.0088%1h65.733−0.026%$175.7M$92.5M25xas long as short
MEXC SILVER_USDT+0.0088%4h65.760+0.015%$116.5M$166.8M1000xas long as short
Binance XAGUSDT+0.0090%4h65.768+0.027%$191.1M$863.5M100xas long as short
Aevo XAG-PERP+0.0096%1h65.754+0.006%$47K10xas long as short
Pacifica XAG+0.0100%1h65.726−0.037%$465K$523K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.740−0.015%$25.4M$4.4M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.720−0.046%$112K$19K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h65.620−0.198%$1.6M$1.9M20xas long as short
Kalshi KXSILVERPERP+0.0105%24h65.763+0.020%$777K$39.2M8.1xas long as short
edgeX XAGUSDC+0.0109%4h65.707−0.065%$670K$314K30xas long as short
GRVT XAG_USDT_Perp+0.0110%4h65.769+0.030%$391K$1.6M25xas long as short
RISEx XAG/USDC+0.0116%1h65.780+0.046%$1.3M$5.4M20xas long as short
Nado XAG-PERP+0.0119%1h65.743−0.011%$1.2M$3.4M10xas long as short
Phoenix SILVER+0.0122%1h65.666−0.128%$55K$14K25xas long as short
Lighter XAG+0.0144%1h65.778+0.043%$5.3M$12.1M25xas long as short
OKX XAG-USDT-SWAP+0.0188%8h65.770+0.030%$28.1M$86.1M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0206%1h65.7500.000%$77K$412K20xas long as short
Aftermath Perps XAGUSD+0.0223%1h65.705−0.068%$79K$37K10xas long as short
Bitget XAGUSDT+0.0226%4h65.770+0.030%$23.2M$53.0M100xas long as short
Bullet SILVER-USD+0.0230%1h65.772+0.034%$45K$73K10xas long as short
Hibachi XAG/USDT-P+0.0232%1h65.680−0.106%$21K$12K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0278% / S −0.0248%1h65.705−0.068%$93K111xas long as short
BloFin XAG-USDT+0.0330%4h65.770+0.030%$2.7M$783K100xas long as short
Kraken Futures PF_XAGUSD+0.0546%1h65.743−0.011%$1.0M$947K25xas long as short