XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: tradeXYZ against Polymarket Perps−0.063%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$290.291% of the position

Long on Polymarket Perps Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 7 days+0.076%+$8 · spread now −0.063%, 7d avg +0.022%

Together, before fees+0.113%+ Points / potential airdroptradeXYZ: Active · farm board+$11 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: tradeXYZ is 0.085% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SILVER-USD	66.455	0.0050	pay 0.0006% / 1h	23m 37s	$3.9M	$700K	20x
Short	tradeXYZ xyz:SILVER	66.413	0.0052	get 0.0006% / 1h	23m 37s	$165.2M	$84.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee tradeXYZbpOrdersPrice spread, now −0.063%Rate

Funding earned: $0.42
Price spread: −0.063% → +0.022%: −$8.53
Slippage, 4 orders: −$3.1
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$37.22
Costs to cover: 0.291%
Break-even: 634.7 days

Slippage from Polymarket Perps: live order book, 5 min ago; tradeXYZ: live order book, 6 min ago.

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	0.75 bp	5.3 bp −$5	6.4 bp −$64	9.5 bp −$954	doesn't fit
Sell tradeXYZ live order book, 6 min ago	0.08 bp	9.1 bp −$9	10.5 bp −$105	doesn't fit	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	66.422	−0.050%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.480	+0.038%	$25.7M	$35.6M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.480	+0.038%	$154.8M	$168.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.480	+0.038%	$2K	$3.0M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.510	+0.083%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.510	+0.083%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.424	−0.046%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.432	−0.034%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.398	−0.085%	$5.4M	$12.4M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.083%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	66.520	+0.098%	$800K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.936	+0.724%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.473	+0.027%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USDlong	+0.0050%	1h	66.455	long leg	$3.9M	$700K	20x
SoDEX SILVER-USD	+0.0050%	1h	66.404	−0.077%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.350	−0.158%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.460	+0.008%	$115K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVERshort	+0.0052%	1h	66.413	−0.063%	$165.2M	$84.8M	25x
Kalshi KXSILVERPERP	+0.0059%	24h	66.443	−0.018%	$561K	$21.5M	8.1x	as long as short
Hotstuff SILVER-PERP	+0.0064%	1h	66.419	−0.054%	$35K	$21K	20x	as long as short
BloFin XAG-USDT	+0.0081%	4h	66.550	+0.143%	$2.6M	$706K	100x	as long as short
Aster XAGUSDT	+0.0085%	4h	66.460	+0.008%	$2.8M	$1.1M	100x	as long as short
Variational Omni XAG	+0.0089%	4h	66.514	+0.089%	$5.6M	$9.9M	—	as long as short
Paradex XAG-USD-PERP	+0.0098%	8h	66.445	−0.014%	$30K	$1K	5x	as long as short
Pacifica XAG	+0.0100%	1h	66.407	−0.072%	$474K	$623K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.410	−0.068%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.480	+0.038%	$126K	$24K	50x	as long as short
Binance XAGUSDT	+0.0100%	4h	66.451	−0.006%	$192.3M	$723.3M	100x	as long as short
MEXC SILVER_USDT	+0.0102%	4h	66.460	+0.008%	$108.6M	$160.3M	1000x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.469	+0.022%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0111%	4h	66.544	+0.133%	$675K	$313K	30x	as long as short
Lighter XAG	+0.0120%	1h	66.440	−0.023%	$5.4M	$10.5M	25x	as long as short
GRVT XAG_USDT_Perp	+0.0130%	4h	66.535	+0.120%	$391K	$1.5M	25x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.464	+0.014%	$1.2M	$4.2M	20x	as long as short
Nado XAG-PERP	+0.0168%	1h	66.438	−0.026%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0172%	4h	66.460	+0.008%	$24.5M	$47.9M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.580	+0.188%	$1.9M	$929K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0191%	8h	66.460	+0.008%	$27.9M	$67.2M	50x	as long as short
Aftermath Perps XAGUSD	+0.0198%	1h	66.483	+0.042%	$80K	$39K	10x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.480	+0.038%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0225%	1h	66.499	+0.066%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.485	+0.045%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.470	+0.023%	$50K	$336K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0489%	1h	66.451	−0.006%	$764K	$565K	25x	as long as short