XAG

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.004%

Price spread now: Polymarket Perps against Extended+0.019%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$180.177% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days−0.045%−$5 · spread now +0.019%, 7d avg −0.028%

Together, before fees−0.056%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.047% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	65.435	0.0032	pay 0.0004% / 1h	52m 02s	$5.1M	$11.6M	10x
Short	Polymarket Perps SILVER-USD	65.448	0.0050	get 0.0006% / 1h	52m 02s	$3.9M	$712K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now +0.019%Rate

Funding earned: $3.78
Price spread: +0.019% → −0.028%: $4.71
Slippage, 4 orders: −$4.65
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$9.16
Costs to cover: 0.177%
Break-even: 24.0 days

Slippage from Extended: live order book, 2 min ago; Polymarket Perps: live order book, 2 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 Extended live order book, 2 min ago	0.15 bp	3.8 bp −$4	5.7 bp −$57	11.9 bp −$1,192	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	0.76 bp	4.8 bp −$5	5.3 bp −$53	6.5 bp −$650	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
Hibachi XAG/USDT-P	−0.0112%	1h	65.440	+0.007%	$20K	$19K	10x	as long as short
Hotstuff SILVER-PERP	−0.0104%	1h	65.474	+0.059%	$35K	$21K	20x	as long as short
Ondo Perps XAG-USD.P	−0.0042%	1h	65.370	−0.100%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.471	+0.054%	$12K	$5K	5x	as long as short
SunX XAG-USDT	0.0000%	4h	65.490	+0.084%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.510	+0.114%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.500	+0.099%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.431	−0.007%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0028%	4h	65.500	+0.099%	$143.8M	$177.2M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	65.474	+0.059%	$4.7M	$9.5M	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-USDlong	+0.0032%	1h	65.435	long leg	$5.1M	$11.6M	10x
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.474%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.480	+0.068%	$788K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.918	+0.738%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.490	+0.084%	$152K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.451	+0.024%	$170.7M	$83.0M	25x	as long as short
Polymarket Perps SILVER-USDshort	+0.0050%	1h	65.448	+0.019%	$3.9M	$712K	20x
SoDEX SILVER-USD	+0.0050%	1h	65.435	0.000%	$3K	$6K	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0056%	1h	65.460	+0.038%	$66K	$370K	20x	as long as short
Bybit XAGUSDT	+0.0056%	4h	65.440	+0.007%	$28.6M	$39.4M	150x	as long as short
Aster XAGUSDT	+0.0057%	4h	65.470	+0.053%	$2.7M	$955K	100x	as long as short
Paradex XAG-USD-PERP	+0.0060%	8h	65.479	+0.066%	$29K	$1K	5x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.487	+0.079%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.561	+0.192%	$56K	$31K	25x	as long as short
Kalshi KXSILVERPERP	+0.0077%	24h	65.450	+0.022%	$467K	$29.2M	8.1x	as long as short
Lighter XAG	+0.0096%	1h	65.481	+0.070%	$5.4M	$11.2M	25x	as long as short
Variational Omni XAG	+0.0096%	4h	65.634	+0.303%	$5.5M	$9.4M	—	as long as short
Binance XAGUSDT	+0.0098%	4h	65.462	+0.041%	$188.3M	$750.5M	100x	as long as short
MEXC SILVER_USDT	+0.0098%	4h	65.470	+0.053%	$113.5M	$156.4M	1000x	as long as short
Pacifica XAG	+0.0100%	1h	65.446	+0.016%	$468K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.450	+0.022%	$24.6M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.610	+0.267%	$112K	$19K	50x	as long as short
Aevo XAG-PERP	+0.0104%	1h	65.473	+0.057%	$47K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.430	−0.008%	$1.6M	$1.3M	20x	as long as short
edgeX XAGUSDC	+0.0120%	4h	65.615	+0.275%	$668K	$312K	30x	as long as short
Nado XAG-PERP	+0.0121%	1h	65.465	+0.045%	$1.2M	$5.5M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0142%	4h	65.554	+0.182%	$395K	$1.6M	25x	as long as short
Bullet SILVER-USD	+0.0169%	1h	65.499	+0.097%	$44K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0196%	4h	65.480	+0.068%	$23.8M	$46.4M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0199%	8h	65.450	+0.022%	$27.7M	$70.7M	50x	as long as short
Aftermath Perps XAGUSD	+0.0212%	1h	65.515	+0.121%	$79K	$37K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0321% / S −0.0301%	1h	65.475	+0.061%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0339%	4h	65.520	+0.129%	$2.6M	$618K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0492%	1h	65.447	+0.018%	$917K	$740K	25x	as long as short