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: Extended against Polymarket Perps−0.052%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$170.170% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.052%, 7d avg +0.030%
=Together, before fees+0.093%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.082% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SILVER-USD | 66.384 | 0.0050 | pay 0.0006% / 1h | 36m 12s | $3.9M | $669K | 20x |
| Short | Extended XAG-USD | 66.349 | 0.0032 | get 0.0004% / 1h | 36m 12s | $5.4M | $12.3M | 10x |
Polymarket Perps SILVER-USD
Extended XAG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$3.78
- Price spread: −0.052% → +0.030%
- −$8.18
- Slippage, 4 orders
- −$4.01
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$28.97
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 3 min ago; Extended: 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 Polymarket Perps live order book, 3 min ago | 1.28 bp | 5.5 bp −$6 | 5.6 bp −$56 | 7.0 bp −$705 | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.08 bp | 3.1 bp −$3 | 4.3 bp −$43 | 10.6 bp −$1,060 | 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 | −0.135% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.420 | +0.054% | $153.4M | $162.3M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.430 | +0.069% | $2K | $2.8M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.450 | +0.099% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.440 | +0.084% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.350 | −0.052% | $120K | — | 250x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.400 | +0.023% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USDshort | +0.0032% | 1h | 66.349 | −0.052% | $5.4M | $12.3M | 10x | |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.024% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.420 | +0.054% | $799K | $2.9M | 40x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Lighter RH XAG
Injective XAG/USDC PERP
StandX XAG-USDShow 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 | +0.694% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.413 | +0.044% | $56K | $26K | 25x | as long as short |
| Polymarket Perps SILVER-USDlong | +0.0050% | 1h | 66.384 | long leg | $3.9M | $669K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.348 | −0.054% | $3K | $6K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.280 | −0.157% | $5.7M | $9.5M | 25x | as long as short |
| QFEX SILVER-USD | +0.0054% | 1h | 66.400 | +0.024% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0061% | 24h | 66.357 | −0.041% | $563K | $23.2M | 8.1x | as long as short |
| RISEx XAG/USDC | +0.0079% | 1h | 66.403 | +0.029% | $1.2M | $4.3M | 20x | as long as short |
| Bybit XAGUSDT | +0.0088% | 4h | 66.440 | +0.084% | $26.4M | $35.9M | 150x | as long as short |
| tradeXYZ xyz:SILVER | +0.0094% | 1h | 66.381 | −0.005% | $165.7M | $76.0M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.342 | −0.063% | $472K | $605K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.380 | −0.006% | $24.6M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.470 | +0.130% | $126K | $23K | 50x | as long as short |
| BloFin XAG-USDT | +0.0103% | 4h | 66.570 | +0.280% | $2.6M | $624K | 100x | as long as short |
| Aster XAGUSDT | +0.0114% | 4h | 66.374 | −0.015% | $2.7M | $967K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0123% | 8h | 66.374 | −0.015% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0140% | 4h | 66.405 | +0.031% | $5.5M | $9.8M | — | as long as short |
| Aevo XAG-PERP | +0.0144% | 1h | 66.416 | +0.048% | $48K | — | 10x | as long as short |
| MEXC SILVER_USDT | +0.0152% | 4h | 66.410 | +0.039% | $102.3M | $158.1M | 1000x | as long as short |
| Binance XAGUSDT | +0.0154% | 4h | 66.430 | +0.069% | $192.7M | $708.2M | 100x | as long as short |
| edgeX XAGUSDC | +0.0166% | 4h | 66.514 | +0.195% | $675K | $314K | 30x | as long as short |
| Lighter XAG | +0.0168% | 1h | 66.412 | +0.043% | $5.3M | $10.5M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.520 | +0.205% | $1.9M | $967K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0198% | 8h | 66.410 | +0.039% | $28.0M | $66.0M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0219% | 1h | 66.408 | +0.036% | $80K | $38K | 10x | as long as short |
| Hotstuff SILVER-PERP | +0.0224% | 1h | 66.368 | −0.024% | $35K | $21K | 20x | as long as short |
| Bitget XAGUSDT | +0.0226% | 4h | 66.410 | +0.039% | $24.0M | $46.1M | 100x | as long as short |
| Nado XAG-PERP | +0.0229% | 1h | 66.323 | −0.092% | $1.3M | $6.5M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0242% | 4h | 66.526 | +0.213% | $391K | $1.5M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0272% | 1h | 66.302 | −0.124% | $20K | $22K | 10x | as long as short |
| Bullet SILVER-USD | +0.0280% | 1h | 66.416 | +0.048% | $45K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0292% / S −0.0281% | 1h | 66.425 | +0.062% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0353% | 1h | 66.400 | +0.024% | $50K | $325K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0462% | 1h | 66.375 | −0.013% | $765K | $475K | 25x | as long as short |
Vest SI-PERP
Phoenix SILVER
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Kalshi KXSILVERPERP
RISEx XAG/USDC
Bybit XAGUSDT
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
BloFin XAG-USDT
Aster XAGUSDT
Paradex XAG-USD-PERP
Variational Omni XAG
Aevo XAG-PERP
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Lighter XAG
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Hotstuff SILVER-PERP
Bitget XAGUSDT
Nado XAG-PERP
GRVT XAG_USDT_Perp
Hibachi XAG/USDT-P
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD