Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: dYdX against Polymarket Perps−0.059%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and dYdX is 0.059% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SILVER-USD66.4610.0050pay 0.0006% / 1h22m 28s$3.9M$700K20x
ShortdYdX XAG-USD66.4220get 0.0000% / 1h22m 28s$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Polymarket Perps. 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

Funding earned
−$10.5
Price spread: −0.059% → 0.000%
−$5.88
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$34.38
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 2 min ago; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 2 min ago0.83 bp4.8 bp −$55.7 bp −$577.5 bp −$754doesn't fit
Sell dYdX no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XAG-USDshort0.0000%1h66.422−0.059%$15K5x
Bybit XAGUSDT0.0000%4h66.490+0.044%$25.6M$35.6M150xas long as short
Hotstuff SILVER-PERP0.0000%1h66.485+0.036%$35K$21K20xas long as short
Gate XAG_USDT0.0000%4h66.490+0.044%$154.9M$168.4M100xas long as short
SunX XAG-USDT0.0000%4h66.530+0.104%$2K$3.0M20xas long as short
HTX XAG-USDT0.0000%4h66.530+0.104%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.550+0.134%$1.5M$252K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.419−0.063%$120K250xas long as short
Lighter RH XAG+0.0032%1h66.506+0.067%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.452−0.013%$5.4M$12.4M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XAG/USDC PERP+0.0033%1h66.400−0.092%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h66.480+0.029%$800K$2.7M40xas long as short
BloFin XAG-USDT+0.0045%4h66.540+0.119%$2.6M$709K100xas long as short
Vest SI-PERP+0.0046%1h66.932+0.709%25xas long as short
Phoenix SILVER+0.0048%1h66.473+0.018%$56K$26K25xas long as short
Polymarket Perps SILVER-USDlong+0.0050%1h66.461long leg$3.9M$700K20x
SoDEX SILVER-USD+0.0050%1h66.446−0.023%$4K$5K20xas long as short
Ondo Perps XAG-USD.P+0.0050%1h66.430−0.047%$5.7M$9.6M25xas long as short
QFEX SILVER-USD+0.0051%1h66.490+0.044%$115K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0054%1h66.448−0.020%$165.3M$84.8M25xas long as short
Kalshi KXSILVERPERP+0.0059%24h66.411−0.075%$562K$21.5M8.1xas long as short
Aster XAGUSDT+0.0085%4h66.502+0.062%$2.8M$1.1M100xas long as short
Variational Omni XAG+0.0089%4h66.514+0.080%$5.6M$9.9Mas long as short
Paradex XAG-USD-PERP+0.0099%8h66.510+0.074%$30K$1K5xas long as short
Pacifica XAG+0.0100%1h66.465+0.006%$474K$623K10xas long as short
MEXC SILVER_USDT+0.0100%4h66.490+0.044%$108.4M$160.4M1000xas long as short
KuCoin XAGUSDTM+0.0100%4h66.470+0.014%$24.6M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.480+0.029%$126K$24K50xas long as short
Binance XAGUSDT+0.0101%4h66.492+0.046%$192.5M$722.3M100xas long as short
Aevo XAG-PERP+0.0104%1h66.497+0.055%$48K10xas long as short
edgeX XAGUSDC+0.0112%4h66.508+0.071%$675K$314K30xas long as short
Lighter XAG+0.0120%1h66.508+0.071%$5.4M$10.5M25xas long as short
GRVT XAG_USDT_Perp+0.0138%4h66.523+0.093%$391K$1.5M25xas long as short
RISEx XAG/USDC+0.0148%1h66.500+0.059%$1.3M$4.2M20xas long as short
Nado XAG-PERP+0.0170%1h66.446−0.023%$1.3M$6.5M10xas long as short
Bitget XAGUSDT+0.0174%4h66.500+0.059%$24.5M$47.9M100xas long as short
Coinbase International SILVER-PERP-INTX+0.0184%1h66.460−0.002%$1.9M$930K20xas long as short
OKX XAG-USDT-SWAP+0.0190%8h66.490+0.044%$27.9M$67.2M50xas long as short
Aftermath Perps XAGUSD+0.0198%1h66.489+0.042%$80K$39K10xas long as short
Bullet SILVER-USD+0.0228%1h66.505+0.066%$45K$76K10xas long as short
Hibachi XAG/USDT-P+0.0232%1h66.451−0.015%$20K$22K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0291% / S −0.0281%1h66.525+0.096%$103K111xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0352%1h66.500+0.059%$50K$336K20xas long as short
Kraken Futures PF_XAGUSD+0.0489%1h66.469+0.013%$764K$565K25xas long as short