Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h −0.024%
Price spread now: Polymarket Perps against edgeX+0.165%64s7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.244% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.364%−$36 · spread now +0.165%, 7d avg −0.053%
=Together, before fees−0.352%+ Points / potential airdropedgeX: Active · farm board−$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.218% dearer against edgeX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.053%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XAGUSDC | 65.107 | 0.0046 | pay 0.0023% / 4h | 9m 46s | $663K | $314K | 30x |
| Short | Polymarket Perps SILVER-USD | 65.215 | 0.0050 | get 0.0006% / 1h | 9m 46s | $3.8M | $892K | 20x |
edgeX XAGUSDC
Polymarket Perps SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against edgeX. 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
- $0.92
- Price spread: +0.165% → −0.053%
- $21.83
- Slippage, 4 orders
- −$7.45
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$1.69
- Costs to cover
- 0.244%
- Break-even
- 19.8 days
Slippage from edgeX: live order book, 29 min ago; Polymarket Perps: 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 edgeX live order book, 29 min ago | 2.30 bp | 6.8 bp −$7 | 6.8 bp −$68 | 9.2 bp −$924 | 21.2 bp −$10.6K |
| Sell Polymarket Perps live order book, 4 min ago | 1.30 bp | 5.4 bp −$5 | 6.3 bp −$63 | 8.9 bp −$894 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.0027% | 1h | 65.130 | +0.035% | $5.7M | $9.8M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0024% | 1h | 65.199 | +0.141% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.197 | +0.138% | $12K | $5K | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 65.190 | +0.127% | $27.7M | $39.1M | 150x | as long as short |
| Variational Omni XAG | 0.0000% | 4h | 65.227 | +0.183% | $5.5M | $9.1M | — | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.230 | +0.188% | $2K | $2.4M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.260 | +0.234% | $1.1M | $1.3M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.240 | +0.204% | $1.5M | $278K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.172 | +0.099% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0028% | 4h | 65.200 | +0.142% | $140.5M | $181.5M | 100x | as long as short |
Ondo Perps XAG-USD.P
Hotstuff SILVER-PERP
dYdX XAG-USD
Bybit XAGUSDT
Variational Omni XAG
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAG | +0.0032% | 1h | 65.234 | +0.194% | $4.6M | $10.0M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.141 | +0.051% | $5.0M | $11.8M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.985% | $11K | $94K | 52x | as long as short |
| MEXC SILVER_USDT | +0.0034% | 4h | 65.180 | +0.111% | $125.9M | $162.3M | 1000x | as long as short |
| Binance XAGUSDT | +0.0035% | 4h | 65.178 | +0.109% | $191.5M | $755.5M | 100x | as long as short |
| Aster XAGUSDT | +0.0040% | 4h | 65.182 | +0.115% | $2.7M | $976K | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.250 | +0.219% | $785K | $3.0M | 40x | as long as short |
| QFEX SILVER-USD | +0.0044% | 1h | 65.230 | +0.188% | $161K | $1.4M | 20x | as long as short |
| edgeX XAGUSDClong | +0.0046% | 4h | 65.107 | long leg | $663K | $314K | 30x | |
| Vest SI-PERP | +0.0046% | 1h | 65.658 | +0.846% | — | — | 25x | as long as short |
| Aevo XAG-PERP | +0.0048% | 1h | 65.231 | +0.190% | $47K | — | 10x | as long as short |
| Polymarket Perps SILVER-USDshort | +0.0050% | 1h | 65.215 | +0.165% | $3.8M | $892K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.172 | +0.099% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.0054% | 8h | 65.212 | +0.160% | $29K | $1K | 5x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.211 | +0.159% | $56K | $31K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0068% | 1h | 65.121 | +0.021% | $173.0M | $84.5M | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0080% | 24h | 65.181 | +0.113% | $483K | $32.2M | 8.1x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0096% | 1h | 64.970 | −0.211% | $1.6M | $1.4M | 20x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.182 | +0.115% | $464K | $600K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.150 | +0.065% | $25.3M | $4.7M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.180 | +0.111% | $111K | $19K | 50x | as long as short |
| RISEx XAG/USDC | +0.0118% | 1h | 65.252 | +0.223% | $1.3M | $4.9M | 20x | as long as short |
| BloFin XAG-USDT | +0.0143% | 4h | 65.240 | +0.204% | $2.7M | $626K | 100x | as long as short |
| GRVT XAG_USDT_Perp | +0.0146% | 4h | 65.293 | +0.285% | $395K | $1.6M | 25x | as long as short |
| Nado XAG-PERP | +0.0154% | 1h | 65.207 | +0.153% | $1.2M | $4.7M | 10x | as long as short |
| Bitget XAGUSDT | +0.0160% | 4h | 65.170 | +0.096% | $23.2M | $44.8M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0173% | 8h | 65.180 | +0.111% | $28.4M | $70.4M | 50x | as long as short |
| Lighter XAG | +0.0184% | 1h | 65.232 | +0.192% | $5.3M | $11.3M | 25x | as long as short |
| Aftermath Perps XAGUSD | +0.0192% | 1h | 65.173 | +0.100% | $78K | $37K | 10x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0210% | 1h | 65.220 | +0.173% | $65K | $397K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0232% | 1h | 65.239 | +0.202% | $20K | $17K | 10x | as long as short |
| Bullet SILVER-USD | +0.0235% | 1h | 65.243 | +0.208% | $45K | $75K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0238% / S −0.0196% | 1h | 65.235 | +0.196% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0364% | 1h | 65.211 | +0.160% | $1.0M | $869K | 25x | as long as short |
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
MEXC SILVER_USDT
Binance XAGUSDT
Aster XAGUSDT
StandX XAG-USD
QFEX SILVER-USD
Vest SI-PERP
Aevo XAG-PERP
SoDEX SILVER-USD
Paradex XAG-USD-PERP
Phoenix SILVER
tradeXYZ xyz:SILVER
Kalshi KXSILVERPERP
Coinbase International SILVER-PERP-INTX
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
RISEx XAG/USDC
BloFin XAG-USDT
GRVT XAG_USDT_Perp
Nado XAG-PERP
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Lighter XAG
Aftermath Perps XAGUSD
Deribit SILVER_USDC-PERPETUAL
Hibachi XAG/USDT-P
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD