Funding you earn now, next payment 01:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h +0.014%
Price spread now: Polymarket Perps against gTrade (Gains Network)+0.042%55s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2822.815% of the position
Funding, last 3 days (all we have)+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)−0.112%−$11 · spread now +0.042%, 7d avg +0.028%
=The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 55 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 | gTrade (Gains Network) XAG/USD | 66.735 | L +0.0004% / S −0.0006% | pay 0.0000% / 1h | 45m 27s | $121K | — | 250x |
| Short | Polymarket Perps SILVER-USD | 66.763 | 0.0050 | get 0.0006% / 1h | 45m 27s | $3.9M | $700K | 20x |
gTrade (Gains Network) XAG/USD
Polymarket Perps SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against gTrade (Gains Network). 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
- $9.72
- Price spread: +0.042% → +0.028%
- $1.3
- Slippage, 4 orders
- −$263.51
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$270.49
- Costs to cover
- 2.815%
- Break-even
- 201.8 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 59 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 gTrade (Gains Network) virtual book (oracle venue), 59 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 579.9 bp −$58.0K | 2587.5 bp −$1.29M |
| Sell Polymarket Perps live order book, 4 min ago | 1.12 bp | 6.1 bp −$6 | 6.3 bp −$63 | 7.8 bp −$777 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff SILVER-PERP | −0.0032% | 1h | 66.754 | +0.028% | $36K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.743 | +0.012% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.800 | +0.097% | $26.1M | $35.3M | 150x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.800 | +0.097% | $2K | $3.0M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.810 | +0.112% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.790 | +0.082% | $1.5M | $252K | 100x | as long as short |
| gTrade (Gains Network) XAG/USDlong | L +0.0004% / S −0.0006% | 1h | 66.735 | long leg | $121K | — | 250x | |
| Gate XAG_USDT | +0.0004% | 4h | 66.800 | +0.097% | $155.6M | $166.2M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.787 | +0.078% | $4.8M | $9.5M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.742 | +0.010% | $5.4M | $13.2M | 10x | as long as short |
Hotstuff SILVER-PERP
dYdX XAG-USD
Bybit XAGUSDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | −0.502% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.750 | +0.022% | $803K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 67.235 | +0.749% | — | — | 25x | as long as short |
| Phoenix SILVER | +0.0048% | 1h | 66.733 | −0.003% | $57K | $26K | 25x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.749 | +0.021% | $166.1M | $86.2M | 25x | as long as short |
| Polymarket Perps SILVER-USDshort | +0.0050% | 1h | 66.763 | +0.042% | $3.9M | $700K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.739 | +0.006% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.700 | −0.053% | $5.7M | $9.8M | 25x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 66.780 | +0.067% | $115K | $2.8M | 20x | as long as short |
| Kalshi KXSILVERPERP | +0.0060% | 24h | 66.747 | +0.018% | $573K | $21.9M | 8.1x | as long as short |
| BloFin XAG-USDT | +0.0060% | 4h | 66.810 | +0.112% | $2.6M | $692K | 100x | as long as short |
| Lighter XAG | +0.0072% | 1h | 66.791 | +0.084% | $5.4M | $10.4M | 25x | as long as short |
| Paradex XAG-USD-PERP | +0.0087% | 8h | 66.790 | +0.083% | $30K | $1K | 5x | as long as short |
| Variational Omni XAG | +0.0092% | 4h | 66.785 | +0.074% | $5.6M | $9.9M | — | as long as short |
| Aster XAGUSDT | +0.0098% | 4h | 66.798 | +0.094% | $2.8M | $1.1M | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.744 | +0.014% | $476K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.760 | +0.037% | $24.7M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.780 | +0.067% | $127K | $26K | 50x | as long as short |
| Binance XAGUSDT | +0.0102% | 4h | 66.803 | +0.101% | $191.9M | $725.0M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0102% | 4h | 66.790 | +0.082% | $108.6M | $157.0M | 1000x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 66.783 | +0.071% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0114% | 4h | 66.841 | +0.159% | $678K | $315K | 30x | as long as short |
| GRVT XAG_USDT_Perp | +0.0118% | 4h | 66.810 | +0.112% | $397K | $1.5M | 25x | as long as short |
| Nado XAG-PERP | +0.0136% | 1h | 66.757 | +0.033% | $1.3M | $6.5M | 10x | as long as short |
| RISEx XAG/USDC | +0.0148% | 1h | 66.803 | +0.101% | $1.3M | $4.2M | 20x | as long as short |
| Bitget XAGUSDT | +0.0164% | 4h | 66.800 | +0.097% | $24.8M | $48.6M | 100x | as long as short |
| Aftermath Perps XAGUSD | +0.0175% | 1h | 66.776 | +0.061% | $80K | $40K | 10x | as long as short |
| Bullet SILVER-USD | +0.0183% | 1h | 66.794 | +0.088% | $45K | $75K | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0184% | 1h | 66.780 | +0.067% | $1.9M | $967K | 20x | as long as short |
| OKX XAG-USDT-SWAP | +0.0189% | 8h | 66.790 | +0.082% | $28.2M | $67.4M | 50x | as long as short |
| Hibachi XAG/USDT-P | +0.0224% | 1h | 66.746 | +0.015% | $20K | $22K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0291% / S −0.0281% | 1h | 66.795 | +0.089% | $104K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0349% | 1h | 66.790 | +0.082% | $51K | $344K | 20x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0487% | 1h | 66.761 | +0.038% | $766K | $589K | 25x | as long as short |
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
Phoenix SILVER
tradeXYZ xyz:SILVER
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
QFEX SILVER-USD
Kalshi KXSILVERPERP
BloFin XAG-USDT
Lighter XAG
Paradex XAG-USD-PERP
Variational Omni XAG
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Binance XAGUSDT
MEXC SILVER_USDT
Aevo XAG-PERP
edgeX XAGUSDC
GRVT XAG_USDT_Perp
Nado XAG-PERP
RISEx XAG/USDC
Bitget XAGUSDT
Aftermath Perps XAGUSD
Bullet SILVER-USD
Coinbase International SILVER-PERP-INTX
OKX XAG-USDT-SWAP
Hibachi XAG/USDT-P
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL
Kraken Futures PF_XAGUSD