Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: StandX against Polymarket Perps−0.110%7-day average +0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days+0.209%+$21 · spread now −0.110%, 7d avg +0.090%
=Together, before fees+0.191%+ Points / potential airdropStandX: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and StandX is 0.200% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SILVER-USD | 66.553 | 0.0050 | pay 0.0006% / 1h | 18m 38s | $3.9M | $699K | 20x |
| Short | StandX XAG-USD | 66.480 | 0.0040 | get 0.0005% / 1h | 18m 38s | $796K | $2.7M | 40x |
Polymarket Perps SILVER-USD
StandX XAG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- −$2.1
- Price spread: −0.110% → +0.090%
- −$19.97
- Slippage, 4 orders
- −$11.82
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$49.89
- Costs to cover
- 0.278%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; StandX: live order book, just now.
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 | 0.98 bp | 5.1 bp −$5 | 5.6 bp −$56 | 8.1 bp −$809 | doesn't fit |
| Sell StandX live order book, just now | 3.75 bp | 7.8 bp −$8 | 13.1 bp −$131 | 33.1 bp −$3,309 | doesn't fit |
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-USD | 0.0000% | 1h | 66.560 | +0.011% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.650 | +0.146% | $26.2M | $34.6M | 150x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.650 | +0.146% | $154.6M | $173.8M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.590 | +0.056% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.640 | +0.131% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.600 | +0.071% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.520 | −0.049% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.625 | +0.108% | $4.8M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.583 | +0.045% | $5.5M | $12.2M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.230% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
Bybit XAGUSDT
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 PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 66.485 | −0.102% | $56K | $26K | 25x | as long as short |
| StandX XAG-USDshort | +0.0040% | 1h | 66.480 | −0.110% | $796K | $2.7M | 40x | |
| Vest SI-PERP | +0.0046% | 1h | 67.014 | +0.693% | — | — | 25x | as long as short |
| Hotstuff SILVER-PERP | +0.0048% | 1h | 66.611 | +0.087% | $35K | $21K | 20x | as long as short |
| Polymarket Perps SILVER-USDlong | +0.0050% | 1h | 66.553 | long leg | $3.9M | $699K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.520 | −0.050% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.570 | +0.026% | $5.7M | $10.0M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.541 | −0.018% | $582K | $21.4M | 8.1x | as long as short |
| QFEX SILVER-USD | +0.0061% | 1h | 66.660 | +0.161% | $125K | $2.8M | 20x | as long as short |
| BloFin XAG-USDT | +0.0068% | 4h | 66.550 | −0.005% | $2.6M | $651K | 100x | as long as short |
| tradeXYZ xyz:SILVER | +0.0073% | 1h | 66.604 | +0.077% | $166.0M | $86.9M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.583 | +0.045% | $481K | $618K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.590 | +0.056% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.450 | −0.155% | $126K | $26K | 50x | as long as short |
| Variational Omni XAG | +0.0106% | 4h | 66.526 | −0.041% | $5.6M | $10.1M | — | as long as short |
| Paradex XAG-USD-PERP | +0.0107% | 8h | 66.633 | +0.121% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0114% | 4h | 66.650 | +0.146% | $2.8M | $1.1M | 100x | as long as short |
| Lighter XAG | +0.0120% | 1h | 66.629 | +0.114% | $5.2M | $10.4M | 25x | as long as short |
| Aevo XAG-PERP | +0.0120% | 1h | 66.580 | +0.040% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0122% | 4h | 66.478 | −0.113% | $674K | $314K | 30x | as long as short |
| MEXC SILVER_USDT | +0.0122% | 4h | 66.630 | +0.116% | $115.2M | $153.3M | 1000x | as long as short |
| Binance XAGUSDT | +0.0124% | 4h | 66.664 | +0.167% | $192.9M | $724.2M | 100x | as long as short |
| Bitget XAGUSDT | +0.0152% | 4h | 66.650 | +0.146% | $24.5M | $48.3M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0160% | 1h | 66.410 | −0.215% | $1.9M | $848K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0168% | 1h | 66.463 | −0.135% | $80K | $40K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0178% | 4h | 66.490 | −0.095% | $390K | $1.5M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0196% | 8h | 66.660 | +0.161% | $27.9M | $66.8M | 50x | as long as short |
| RISEx XAG/USDC | +0.0208% | 1h | 66.657 | +0.156% | $1.3M | $4.2M | 20x | as long as short |
| Bullet SILVER-USD | +0.0254% | 1h | 66.584 | +0.047% | $45K | $76K | 10x | as long as short |
| Nado XAG-PERP | +0.0257% | 1h | 66.500 | −0.079% | $1.3M | $6.6M | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.585 | +0.048% | $103K | — | 111x | as long as short |
| Hibachi XAG/USDT-P | +0.0296% | 1h | 66.487 | −0.099% | $20K | $22K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0351% | 1h | 66.570 | +0.026% | $50K | $351K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0595% | 1h | 66.543 | −0.015% | $763K | $586K | 25x | as long as short |
Phoenix SILVER
Vest SI-PERP
Hotstuff SILVER-PERP
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
Kalshi KXSILVERPERP
QFEX SILVER-USD
BloFin XAG-USDT
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Variational Omni XAG
Paradex XAG-USD-PERP
Aster XAGUSDT
Lighter XAG
Aevo XAG-PERP
edgeX XAGUSDC
MEXC SILVER_USDT
Binance XAGUSDT
Bitget XAGUSDT
Coinbase International SILVER-PERP-INTX
Aftermath Perps XAGUSD
GRVT XAG_USDT_Perp
OKX XAG-USDT-SWAP
RISEx XAG/USDC
Bullet SILVER-USD
Nado XAG-PERP
GMX SILVER/USD [ETH-USDC]
Hibachi XAG/USDT-P
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD