Funding you earn now, next payment 03:00 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+0.018%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now +0.018%, 7d avg +0.089%
=Together, before fees+0.026%+ Points / potential airdropStandX: Active · farm board+$3 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 0.071% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.089%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SILVER-USD | 66.218 | 0.0050 | pay 0.0006% / 1h | 49m 33s | $3.9M | $673K | 20x |
| Short | StandX XAG-USD | 66.230 | 0.0040 | get 0.0005% / 1h | 49m 33s | $797K | $2.9M | 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: +0.018% → +0.089%
- −$7.06
- Slippage, 4 orders
- −$12.66
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$37.82
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; StandX: live order book, 4 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, 4 min ago | 1.21 bp | 5.9 bp −$6 | 6.2 bp −$62 | 8.5 bp −$853 | doesn't fit |
| Sell StandX live order book, 4 min ago | 3.01 bp | 8.5 bp −$9 | 10.3 bp −$103 | 35.3 bp −$3,529 | doesn't fit |
XAG on 43 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 | 66.178 | −0.060% | $15K | — | 5x | as long as short |
| Gate XAG_USDT | 0.0000% | 4h | 66.240 | +0.033% | $151.4M | $161.7M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.250 | +0.048% | $2K | $2.7M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.260 | +0.063% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.250 | +0.048% | $1.5M | $250K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.184 | −0.051% | $121K | — | 250x | as long as short |
| Hotstuff SILVER-PERP | +0.0024% | 1h | 66.194 | −0.036% | $35K | $21K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0030% | 1h | 66.120 | −0.148% | $5.7M | $9.7M | 25x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.214 | −0.007% | $4.8M | $9.4M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.157 | −0.092% | $5.3M | $12.1M | 10x | as long as short |
dYdX XAG-USD
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Hotstuff SILVER-PERP
Ondo Perps XAG-USD.P
Lighter RH XAG
Extended XAG-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.275% | $11K | $94K | 52x | as long as short |
| StandX XAG-USDshort | +0.0040% | 1h | 66.230 | +0.018% | $797K | $2.9M | 40x | |
| Vest SI-PERP | +0.0046% | 1h | 66.693 | +0.717% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USDlong | +0.0050% | 1h | 66.218 | long leg | $3.9M | $673K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.171 | −0.071% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0062% | 1h | 66.220 | +0.003% | $115K | $2.7M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0063% | 24h | 66.213 | −0.008% | $547K | $24.5M | 8.1x | as long as short |
| Phoenix SILVER | +0.0084% | 1h | 66.303 | +0.128% | $56K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0091% | 1h | 66.189 | −0.044% | $165.7M | $74.7M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.166 | −0.079% | $471K | $607K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.180 | −0.057% | $24.5M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.330 | +0.169% | $113K | $30K | 50x | as long as short |
| Paradex XAG-USD-PERP | +0.0136% | 8h | 66.216 | −0.003% | $30K | $1K | 5x | as long as short |
| Aster XAGUSDT | +0.0138% | 4h | 66.225 | +0.010% | $2.7M | $917K | 100x | as long as short |
| Bybit XAGUSDT | +0.0141% | 4h | 66.240 | +0.033% | $26.7M | $36.1M | 150x | as long as short |
| Lighter XAG | +0.0168% | 1h | 66.221 | +0.005% | $5.3M | $10.4M | 25x | as long as short |
| Aevo XAG-PERP | +0.0176% | 1h | 66.231 | +0.019% | $48K | — | 10x | as long as short |
| Variational Omni XAG | +0.0176% | 4h | 66.242 | +0.036% | $5.5M | $9.7M | — | as long as short |
| RISEx XAG/USDC | +0.0181% | 1h | 66.231 | +0.019% | $1.2M | $4.4M | 20x | as long as short |
| MEXC SILVER_USDT | +0.0190% | 4h | 66.220 | +0.003% | $110.5M | $151.8M | 1000x | as long as short |
| Binance XAGUSDT | +0.0191% | 4h | 66.220 | +0.003% | $191.8M | $706.1M | 100x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0192% | 1h | 66.350 | +0.199% | $1.9M | $972K | 20x | as long as short |
| edgeX XAGUSDC | +0.0201% | 4h | 66.366 | +0.224% | $673K | $314K | 30x | as long as short |
| OKX XAG-USDT-SWAP | +0.0216% | 8h | 66.230 | +0.018% | $27.8M | $65.6M | 50x | as long as short |
| Aftermath Perps XAGUSD | +0.0233% | 1h | 66.266 | +0.072% | $80K | $38K | 10x | as long as short |
| Nado XAG-PERP | +0.0238% | 1h | 66.215 | −0.005% | $1.3M | $6.6M | 10x | as long as short |
| Hibachi XAG/USDT-P | +0.0248% | 1h | 66.199 | −0.029% | $20K | $22K | 10x | as long as short |
| Bitget XAGUSDT | +0.0252% | 4h | 66.220 | +0.003% | $23.8M | $46.1M | 100x | as long as short |
| Bullet SILVER-USD | +0.0266% | 1h | 66.264 | +0.069% | $46K | $75K | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0278% | 4h | 66.277 | +0.089% | $400K | $1.5M | 25x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0331% / S −0.0342% | 1h | 66.255 | +0.056% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0354% | 1h | 66.220 | +0.003% | $50K | $326K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0550% | 1h | 66.208 | −0.014% | $763K | $475K | 25x | as long as short |
Injective XAG/USDC PERP
Vest SI-PERP
SoDEX SILVER-USD
QFEX SILVER-USD
Kalshi KXSILVERPERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Paradex XAG-USD-PERP
Aster XAGUSDT
Bybit XAGUSDT
Lighter XAG
Aevo XAG-PERP
Variational Omni XAG
RISEx XAG/USDC
MEXC SILVER_USDT
Binance XAGUSDT
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
OKX XAG-USDT-SWAP
Aftermath Perps XAGUSD
Nado XAG-PERP
Hibachi XAG/USDT-P
Bitget XAGUSDT
Bullet SILVER-USD
GRVT XAG_USDT_Perp
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD