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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Polymarket Perps−0.084%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.084% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SILVER-USD65.3540.0050pay 0.0006% / 1h35m 49s$3.8M$856K20x
ShortSoDEX SILVER-USD65.2990.0050get 0.0006% / 1h35m 49s$3K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
Price spread: −0.084% → 0.000%
−$8.42
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$24.42
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 3 min ago; SoDEX: 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, 3 min ago0.92 bp5.5 bp −$55.7 bp −$577.4 bp −$737doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.0043%1h65.270−0.129%$5.6M$9.7M25xas long as short
dYdX XAG-USD0.0000%1h65.297−0.087%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.360+0.009%$27.8M$39.3M150xas long as short
SunX XAG-USDT0.0000%4h65.370+0.024%$2K$2.5M20xas long as short
HTX XAG-USDT0.0000%4h65.380+0.040%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.340−0.021%$1.5M$281K100xas long as short
Variational Omni XAG0.0000%4h65.332−0.033%$5.5M$9.1Mas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.318−0.056%$118K250xas long as short
Aster XAGUSDT+0.0023%4h65.360+0.009%$2.7M$928K100xas long as short
MEXC SILVER_USDT+0.0028%4h65.350−0.006%$118.7M$157.3M1000xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XAGUSDT+0.0029%4h65.358+0.006%$191.7M$753.4M100xas long as short
Lighter RH XAG+0.0032%1h65.341−0.020%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.297−0.087%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.601%$11K$94K52xas long as short
Gate XAG_USDT+0.0036%4h65.370+0.024%$140.8M$178.1M100xas long as short
StandX XAG-USD+0.0040%1h65.350−0.006%$786K$2.9M40xas long as short
edgeX XAGUSDC+0.0042%4h65.378+0.036%$665K$313K30xas long as short
QFEX SILVER-USD+0.0044%1h65.370+0.024%$157K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.798+0.679%25xas long as short
Hotstuff SILVER-PERP+0.0048%1h65.320−0.052%$35K$21K20xas long as short
Aevo XAG-PERP+0.0048%1h65.362+0.012%$47K10xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.308−0.070%$169.7M$81.5M25xas long as short
Polymarket Perps SILVER-USDlong+0.0050%1h65.354long leg$3.8M$856K20x
SoDEX SILVER-USDshort+0.0050%1h65.299−0.084%$3K$6K20x
Paradex XAG-USD-PERP+0.0052%8h65.355+0.002%$29K$1K5xas long as short
Phoenix SILVER+0.0061%1h65.297−0.087%$56K$31K25xas long as short
Kalshi KXSILVERPERP+0.0079%24h65.350−0.006%$531K$31.8M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h65.370+0.024%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.322−0.048%$465K$611K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.320−0.052%$25.3M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.390+0.055%$112K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.384+0.045%$1.2M$4.8M20xas long as short
BloFin XAG-USDT+0.0119%4h65.380+0.040%$2.7M$575K100xas long as short
GRVT XAG_USDT_Perp+0.0128%4h65.357+0.004%$384K$1.6M25xas long as short
Bitget XAGUSDT+0.0156%4h65.360+0.009%$23.2M$44.8M100xas long as short
Lighter XAG+0.0160%1h65.344−0.016%$5.3M$11.1M25xas long as short
Nado XAG-PERP+0.0161%1h65.343−0.017%$1.2M$4.7M10xas long as short
OKX XAG-USDT-SWAP+0.0167%8h65.350−0.006%$28.2M$70.0M50xas long as short
Hibachi XAG/USDT-P+0.0176%1h65.313−0.062%$20K$17K10xas long as short
Aftermath Perps XAGUSD+0.0181%1h65.328−0.040%$79K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.360+0.009%$65K$390K20xas long as short
Bullet SILVER-USD+0.0222%1h65.391+0.057%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.375+0.032%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0363%1h65.340−0.022%$1.0M$868K25xas long as short