Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.033%
Price spread now: Polymarket Perps against Hotstuff+0.021%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.021% dearer against Hotstuff than usual: you sell high and buy low: +$2 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 | Hotstuff SILVER-PERP | 66.188 | 0 | get 0.0000% / 1h | 23m 35s | $35K | $21K | 20x |
| Short | Polymarket Perps SILVER-USD | 66.202 | 0.0050 | get 0.0006% / 1h | 23m 35s | $3.9M | $694K | 20x |
Hotstuff SILVER-PERP
Polymarket Perps SILVER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Hotstuff. 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: +0.021% → 0.000%
- $2.12
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$0.38
- Costs to cover
- 0.130%
- Break-even
- 7.3 days
Slippage unknown: Hotstuff: no order-book sample; Polymarket Perps: live order book, 5 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 5 min ago | 1.06 bp | 5.7 bp −$6 | 5.9 bp −$59 | 7.4 bp −$737 | doesn't fit |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XAGUSD | −0.0272% | 1h | 66.204 | +0.024% | $766K | $569K | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 66.175 | −0.020% | $15K | — | 5x | as long as short |
| Bybit XAGUSDT | 0.0000% | 4h | 66.240 | +0.079% | $25.6M | $33.3M | 150x | as long as short |
| RISEx XAG/USDC | 0.0000% | 1h | 66.231 | +0.066% | $1.3M | $4.2M | 20x | as long as short |
| Hotstuff SILVER-PERPlong | 0.0000% | 1h | 66.188 | long leg | $35K | $21K | 20x | |
| Gate XAG_USDT | 0.0000% | 4h | 66.230 | +0.063% | $146.3M | $172.9M | 100x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 66.250 | +0.094% | $2K | $3.1M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 66.250 | +0.094% | $1.0M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 66.240 | +0.079% | $1.5M | $248K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 66.159 | −0.044% | $120K | — | 250x | as long as short |
Kraken Futures PF_XAGUSD
dYdX XAG-USD
Bybit XAGUSDT
RISEx XAG/USDC
Gate XAG_USDT
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USDShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SILVER-USD | +0.0016% | 1h | 66.220 | +0.048% | $152K | $2.8M | 20x | as long as short |
| BloFin XAG-USDT | +0.0027% | 4h | 66.220 | +0.048% | $2.5M | $846K | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 66.210 | +0.032% | $4.7M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 66.163 | −0.038% | $5.5M | $12.4M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +0.320% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 66.180 | −0.012% | $792K | $2.7M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.663 | +0.718% | — | — | 25x | as long as short |
| Aster XAGUSDT | +0.0047% | 4h | 66.241 | +0.080% | $2.8M | $1.0M | 100x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 66.190 | +0.003% | $164.9M | $88.2M | 25x | as long as short |
| Polymarket Perps SILVER-USDshort | +0.0050% | 1h | 66.202 | +0.021% | $3.9M | $694K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 66.158 | −0.045% | $4K | $5K | 20x | as long as short |
| Ondo Perps XAG-USD.P | +0.0050% | 1h | 66.140 | −0.073% | $5.7M | $9.9M | 25x | as long as short |
| Bitget XAGUSDT | +0.0054% | 4h | 66.240 | +0.079% | $23.7M | $47.6M | 100x | as long as short |
| Kalshi KXSILVERPERP | +0.0057% | 24h | 66.180 | −0.012% | $583K | $21.3M | 8.1x | as long as short |
| Variational Omni XAG | +0.0064% | 4h | 66.227 | +0.059% | $5.5M | $10.5M | — | as long as short |
| Phoenix SILVER | +0.0073% | 1h | 66.167 | −0.032% | $56K | $26K | 25x | as long as short |
| MEXC SILVER_USDT | +0.0076% | 4h | 66.220 | +0.048% | $118.0M | $181.8M | 1000x | as long as short |
| Binance XAGUSDT | +0.0078% | 4h | 66.230 | +0.063% | $189.9M | $728.2M | 100x | as long as short |
| Aevo XAG-PERP | +0.0088% | 1h | 66.229 | +0.062% | $48K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0089% | 4h | 66.236 | +0.072% | $672K | $316K | 30x | as long as short |
| GRVT XAG_USDT_Perp | +0.0092% | 4h | 66.268 | +0.120% | $390K | $1.5M | 25x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 66.174 | −0.021% | $473K | $625K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 66.210 | +0.033% | $24.3M | $4.5M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 66.200 | +0.018% | $113K | $26K | 50x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0104% | 1h | 66.190 | +0.003% | $1.9M | $859K | 20x | as long as short |
| Hibachi XAG/USDT-P | +0.0112% | 1h | 66.180 | −0.012% | $20K | $22K | 10x | as long as short |
| Paradex XAG-USD-PERP | +0.0119% | 8h | 66.217 | +0.044% | $30K | $1K | 5x | as long as short |
| Aftermath Perps XAGUSD | +0.0124% | 1h | 66.199 | +0.017% | $80K | $40K | 10x | as long as short |
| Lighter XAG | +0.0136% | 1h | 66.217 | +0.044% | $5.1M | $10.9M | 25x | as long as short |
| OKX XAG-USDT-SWAP | +0.0165% | 8h | 66.240 | +0.079% | $27.3M | $66.3M | 50x | as long as short |
| Nado XAG-PERP | +0.0220% | 1h | 66.173 | −0.022% | $1.3M | $6.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0268% | 1h | 66.235 | +0.071% | $44K | $74K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0302% / S −0.0300% | 1h | 66.235 | +0.071% | $103K | — | 111x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0506% | 1h | 66.220 | +0.048% | $51K | $359K | 20x | as long as short |
QFEX SILVER-USD
BloFin XAG-USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
Aster XAGUSDT
tradeXYZ xyz:SILVER
SoDEX SILVER-USD
Ondo Perps XAG-USD.P
Bitget XAGUSDT
Kalshi KXSILVERPERP
Variational Omni XAG
Phoenix SILVER
MEXC SILVER_USDT
Binance XAGUSDT
Aevo XAG-PERP
edgeX XAGUSDC
GRVT XAG_USDT_Perp
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Coinbase International SILVER-PERP-INTX
Hibachi XAG/USDT-P
Paradex XAG-USD-PERP
Aftermath Perps XAGUSD
Lighter XAG
OKX XAG-USDT-SWAP
Nado XAG-PERP
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
Deribit SILVER_USDC-PERPETUAL