data as of
Settings8H · net · $10k
Funding arb /

XAG

RWAall XAG markets
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Funding spread now, next payment 16:00 UTC+0.0225%/8h
next payment, per $10,000+$0.28paid, last 24h+0.034%paid, last 3 days+0.020%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid 0.020% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SILVER-USD66.1940.0050pay 0.0006% / 1h23m 18s$3.7M$244K20x
ShortGMX SILVER/USD [ETH-USDC]66.235L +0.0271% / S −0.0275%get 0.0034% / 1h23m 18s$85K111x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$47.18
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$27.18
Break-even
3.0 days
Slippage unknown: Polymarket Perps: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.062%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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, 2 min ago1.28 bp6.0 bp −$66.2 bp −$628.1 bp −$806doesn't fit
Sell GMX no order-book sample
GMX: 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 43 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0051%1h$6.1M$7.8M25xas long as short
dYdX XAG-USD0.0000%1h$15K$9975xas long as short
RISEx XAG/USDC0.0000%1h$1.4M$3.2M20xas long as short
Gate XAG_USDT0.0000%4h$130.0M$182.2M100xas long as short
Kalshi KXSILVERPERP0.0000%24h$704K$18.7M8.1xas long as short
Phoenix SILVER0.0000%1h$56K$26K25xas long as short
SunX XAG-USDT0.0000%4h$2K$3.5M20xas long as short
HTX XAG-USDT0.0000%4h$1.0M$894K75xas long as short
Phemex XAGUSDT0.0000%4h$1.5M$247K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h$115K250xas long as short
Show all 43 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_XAGUSD+0.0011%1h$809K$618K25xas long as short
Aster XAGUSDT+0.0015%4h$2.8M$1.2M100xas long as short
BloFin XAG-USDT+0.0015%4h$2.7M$1.6M100xas long as short
Lighter RH XAG+0.0032%1h$4.5M$8.5M25xas long as short
Injective XAG/USDC PERP+0.0033%1h$11K$218K52xas long as short
QFEX SILVER-USD+0.0040%1h$145K$2.8M20xas long as short
StandX XAG-USD+0.0040%1h$702K$1.7M40xas long as short
Vest SI-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h$159.8M$90.3M25xas long as short
Polymarket Perps SILVER-USDlong+0.0050%1h$3.7M$244K20x
SoDEX SILVER-USD+0.0050%1h$4K$4K20xas long as short
Variational Omni XAG+0.0052%4h$5.7M$12.1Mas long as short
Paradex XAG-USD-PERP+0.0056%8h$30K$1K5xas long as short
MEXC SILVER_USDT+0.0058%4h$116.4M$176.4M1000xas long as short
Binance XAGUSDT+0.0059%4h$187.3M$749.7M100xas long as short
Extended XAG-USD+0.0064%1h$4.7M$14.1M10xas long as short
edgeX XAGUSDC+0.0070%4h$669K$318K30xas long as short
Hotstuff SILVER-PERP+0.0072%1h$31K$13K20xas long as short
Aevo XAG-PERP+0.0072%1h$48K10xas long as short
Lighter XAG+0.0080%1h$5.4M$10.1M25xas long as short
Nado XAG-PERP+0.0098%1h$1.2M$6.1M10xas long as short
Bybit XAGUSDT+0.0099%4h$24.4M$35.4M150xas long as short
Pacifica XAG+0.0100%1h$477K$687K10xas long as short
KuCoin XAGUSDTM+0.0100%4h$24.6M$3.4M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h$113K$189K50xas long as short
Aftermath Perps XAGUSD+0.0105%1h$79K$39K10xas long as short
OKX XAG-USDT-SWAP+0.0127%8h$27.9M$62.0M50xas long as short
Bullet SILVER-USD+0.0147%1h$45K$77K10xas long as short
Bitget XAGUSDT+0.0170%4h$22.9M$47.3M100xas long as short
Hibachi XAG/USDT-P+0.0192%1h$20K$20K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0203%1h$88K$611K20xas long as short
Coinbase International SILVER-PERP-INTX+0.0224%1h$1.8M$1.1M20xas long as short
GMX SILVER/USD [ETH-USDC]shortL +0.0271% / S −0.0275%1h$85K111x