Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Polymarket Perps against dYdX+0.116%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.116% dearer against dYdX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XAG-USD | 65.287 | 0 | get 0.0000% / 1h | 48m 25s | $12K | $5K | 5x |
| Short | Polymarket Perps SILVER-USD | 65.363 | 0.0050 | get 0.0006% / 1h | 48m 25s | $3.8M | $856K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against dYdX. 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
- $10.5
- Price spread: +0.116% → 0.000%
- $11.59
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $4.09
- Costs to cover
- 0.180%
- Break-even
- 4.3 days
Slippage unknown: dYdX: no order-book sample; Polymarket Perps: live order book, 6 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 6 min ago | 1.23 bp | 5.2 bp −$5 | 5.9 bp −$59 | 6.8 bp −$677 | doesn't fit |
dYdX: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0047% | 1h | 65.280 | −0.011% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USDlong | 0.0000% | 1h | 65.287 | long leg | $12K | $5K | 5x | |
| Bybit XAGUSDT | 0.0000% | 4h | 65.410 | +0.188% | $27.8M | $39.6M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.350 | +0.096% | $2K | $2.5M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.360 | +0.111% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.350 | +0.096% | $1.5M | $281K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.289 | +0.003% | $118K | — | 250x | as long as short |
| Variational Omni XAG | +0.0016% | 4h | 65.312 | +0.038% | $5.5M | $9.1M | — | as long as short |
| Aster XAGUSDT | +0.0030% | 4h | 65.390 | +0.157% | $2.7M | $951K | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.389 | +0.156% | $4.6M | $9.7M | 25x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USD | +0.0032% | 1h | 65.334 | +0.071% | $5.1M | $11.6M | 10x | as long as short |
| Gate XAG_USDT | +0.0032% | 4h | 65.410 | +0.188% | $141.3M | $176.8M | 100x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.704% | $11K | $94K | 52x | as long as short |
| MEXC SILVER_USDT | +0.0040% | 4h | 65.390 | +0.157% | $117.4M | $157.0M | 1000x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.310 | +0.035% | $786K | $2.9M | 40x | as long as short |
| Binance XAGUSDT | +0.0041% | 4h | 65.400 | +0.173% | $191.8M | $761.1M | 100x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.390 | +0.157% | $152K | $1.4M | 20x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.794 | +0.776% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USDshort | +0.0050% | 1h | 65.363 | +0.116% | $3.8M | $856K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.285 | −0.004% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0053% | 8h | 65.369 | +0.125% | $29K | $1K | 5x | as long as short |
| Aevo XAG-PERP | +0.0056% | 1h | 65.322 | +0.053% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0057% | 4h | 65.317 | +0.045% | $665K | $313K | 30x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.281 | −0.010% | $56K | $31K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0077% | 1h | 65.356 | +0.105% | $169.8M | $81.6M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0079% | 24h | 65.283 | −0.007% | $480K | $31.8M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 65.360 | +0.111% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.329 | +0.064% | $469K | $612K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.350 | +0.096% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.260 | −0.042% | $112K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.409 | +0.186% | $1.2M | $4.9M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0134% | 4h | 65.317 | +0.045% | $384K | $1.6M | 25x | as long as short |
| BloFin XAG-USDT | +0.0164% | 4h | 65.360 | +0.111% | $2.7M | $583K | 100x | as long as short |
| Bitget XAGUSDT | +0.0166% | 4h | 65.400 | +0.173% | $23.7M | $45.4M | 100x | as long as short |
| Nado XAG-PERP | +0.0166% | 1h | 65.355 | +0.103% | $1.2M | $4.8M | 10x | as long as short |
| Lighter XAG | +0.0168% | 1h | 65.396 | +0.166% | $5.3M | $11.1M | 25x | as long as short |
| Hibachi XAG/USDT-P | +0.0168% | 1h | 65.300 | +0.019% | $20K | $17K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0176% | 8h | 65.390 | +0.157% | $28.1M | $70.6M | 50x | as long as short |
| Hotstuff SILVER-PERP | +0.0192% | 1h | 65.332 | +0.068% | $35K | $21K | 20x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.330 | +0.065% | $65K | $387K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0210% | 1h | 65.319 | +0.048% | $78K | $37K | 10x | as long as short |
| Bullet SILVER-USD | +0.0227% | 1h | 65.351 | +0.098% | $45K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.355 | +0.104% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0363% | 1h | 65.306 | +0.029% | $1.0M | $872K | 25x | as long as short |
Polymarket Perps SILVER-USD
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Variational Omni XAG
Aster XAGUSDT
Lighter RH XAG
Extended XAG-USD
Gate XAG_USDT
Injective XAG/USDC PERP
MEXC SILVER_USDT
StandX XAG-USD
Binance XAGUSDT
SoDEX SILVER-USD
Paradex XAG-USD-PERP
edgeX XAGUSDC
Phoenix SILVER
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Coinbase International SILVER-PERP-INTX
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
RISEx XAG/USDC
GRVT XAG_USDT_Perp
BloFin XAG-USDT
Bitget XAGUSDT
Lighter XAG
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD