XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.005%

Price spread now: Polymarket Perps against Extended+0.033%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$170.170% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days−0.062%−$6 · spread now +0.033%, 7d avg −0.030%

Together, before fees−0.073%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.062% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	66.362	0.0032	pay 0.0004% / 1h	35m 57s	$5.4M	$12.3M	10x
Short	Polymarket Perps SILVER-USD	66.384	0.0050	get 0.0006% / 1h	35m 57s	$3.9M	$669K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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 ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now +0.033%Rate

Funding earned: $3.78
Price spread: +0.033% → −0.030%: $6.22
Slippage, 4 orders: −$4.01
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$7.01
Costs to cover: 0.170%
Break-even: 20.0 days

Slippage from Extended: live order book, 3 min ago; Polymarket Perps: live order book, 3 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 Extended live order book, 3 min ago	0.08 bp	2.6 bp −$3	5.6 bp −$56	12.6 bp −$1,257	doesn't fit
Sell Polymarket Perps live order book, 3 min ago	1.28 bp	5.8 bp −$6	6.0 bp −$60	7.7 bp −$767	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	66.294	−0.102%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.440	+0.117%	$153.5M	$162.4M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.430	+0.102%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.450	+0.132%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.440	+0.117%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.350	−0.019%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.400	+0.056%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USDlong	+0.0032%	1h	66.362	long leg	$5.4M	$12.3M	10x
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.057%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.420	+0.087%	$799K	$2.9M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SI-PERP	+0.0046%	1h	66.845	+0.727%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.413	+0.076%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USDshort	+0.0050%	1h	66.384	+0.033%	$3.9M	$669K	20x
SoDEX SILVER-USD	+0.0050%	1h	66.348	−0.022%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.280	−0.124%	$5.7M	$9.5M	25x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.400	+0.057%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0061%	24h	66.357	−0.008%	$563K	$23.2M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.403	+0.061%	$1.2M	$4.3M	20x	as long as short
Bybit XAGUSDT	+0.0088%	4h	66.480	+0.177%	$26.4M	$35.9M	150x	as long as short
tradeXYZ xyz:SILVER	+0.0094%	1h	66.387	+0.037%	$165.7M	$76.0M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.342	−0.031%	$472K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.390	+0.042%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.470	+0.162%	$126K	$23K	50x	as long as short
BloFin XAG-USDT	+0.0103%	4h	66.570	+0.313%	$2.6M	$624K	100x	as long as short
Aster XAGUSDT	+0.0114%	4h	66.430	+0.101%	$2.8M	$962K	100x	as long as short
Paradex XAG-USD-PERP	+0.0123%	8h	66.374	+0.018%	$30K	$1K	5x	as long as short
Variational Omni XAG	+0.0140%	4h	66.405	+0.064%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0144%	1h	66.416	+0.081%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0152%	4h	66.440	+0.117%	$102.4M	$158.1M	1000x	as long as short
Binance XAGUSDT	+0.0154%	4h	66.454	+0.139%	$192.8M	$708.2M	100x	as long as short
edgeX XAGUSDC	+0.0166%	4h	66.514	+0.228%	$675K	$314K	30x	as long as short
Lighter XAG	+0.0168%	1h	66.412	+0.075%	$5.3M	$10.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.520	+0.238%	$1.9M	$967K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0198%	8h	66.450	+0.132%	$28.0M	$66.0M	50x	as long as short
Aftermath Perps XAGUSD	+0.0219%	1h	66.408	+0.069%	$80K	$38K	10x	as long as short
Hotstuff SILVER-PERP	+0.0224%	1h	66.368	+0.009%	$35K	$21K	20x	as long as short
Bitget XAGUSDT	+0.0226%	4h	66.430	+0.102%	$24.0M	$46.1M	100x	as long as short
Nado XAG-PERP	+0.0229%	1h	66.323	−0.059%	$1.3M	$6.5M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0242%	4h	66.526	+0.246%	$391K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0272%	1h	66.302	−0.091%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0280%	1h	66.416	+0.081%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.425	+0.094%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.400	+0.057%	$50K	$325K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.375	+0.020%	$765K	$475K	25x	as long as short