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: Extended against Polymarket Perps−0.010%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$180.177% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.010%, 7d avg +0.028%
=Together, before fees+0.047%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.038% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SILVER-USD | 65.448 | 0.0050 | pay 0.0006% / 1h | 52m 22s | $3.9M | $712K | 20x |
| Short | Extended XAG-USD | 65.441 | 0.0032 | get 0.0004% / 1h | 52m 22s | $5.1M | $11.6M | 10x |
Polymarket Perps SILVER-USD
Extended XAG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.78
- Price spread: −0.010% → +0.028%
- −$3.8
- Slippage, 4 orders
- −$4.65
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.23
- Costs to cover
- 0.177%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; Extended: 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 Polymarket Perps live order book, 2 min ago | 0.76 bp | 5.9 bp −$6 | 6.3 bp −$63 | 8.8 bp −$876 | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.15 bp | 3.2 bp −$3 | 5.6 bp −$56 | 12.1 bp −$1,206 | 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 | −0.012% | $20K | $19K | 10x | as long as short |
| Hotstuff SILVER-PERP | −0.0104% | 1h | 65.474 | +0.040% | $35K | $21K | 20x | as long as short |
| Ondo Perps XAG-USD.P | −0.0042% | 1h | 65.370 | −0.119% | $5.6M | $9.7M | 25x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.471 | +0.035% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.510 | +0.095% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.550 | +0.156% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.510 | +0.095% | $1.5M | $281K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.431 | −0.026% | $118K | — | 250x | as long as short |
| Gate XAG_USDT | +0.0028% | 4h | 65.510 | +0.095% | $143.8M | $177.0M | 100x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.477 | +0.044% | $4.7M | $9.5M | 25x | as long as short |
Hibachi XAG/USDT-P
Hotstuff SILVER-PERP
Ondo Perps XAG-USD.P
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Gate XAG_USDT
Lighter RH XAGShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XAG-USDshort | +0.0032% | 1h | 65.441 | −0.010% | $5.1M | $11.6M | 10x | |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.455% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.480 | +0.049% | $788K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.918 | +0.718% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.490 | +0.064% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.453 | +0.008% | $170.6M | $83.0M | 25x | as long as short |
| Polymarket Perps SILVER-USDlong | +0.0050% | 1h | 65.448 | long leg | $3.9M | $712K | 20x | |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.437 | −0.017% | $3K | $6K | 20x | as long as short |
| Bybit XAGUSDT | +0.0056% | 4h | 65.500 | +0.079% | $28.7M | $39.4M | 150x | as long as short |
| Aster XAGUSDT | +0.0057% | 4h | 65.495 | +0.072% | $2.7M | $955K | 100x | as long as short |
| Paradex XAG-USD-PERP | +0.0060% | 8h | 65.479 | +0.047% | $29K | $1K | 5x | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.487 | +0.059% | $1.2M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.561 | +0.173% | $56K | $31K | 25x | as long as short |
| Kalshi KXSILVERPERP | +0.0077% | 24h | 65.482 | +0.052% | $468K | $29.2M | 8.1x | as long as short |
| Lighter XAG | +0.0096% | 1h | 65.483 | +0.054% | $5.4M | $11.2M | 25x | as long as short |
| Variational Omni XAG | +0.0096% | 4h | 65.634 | +0.283% | $5.5M | $9.4M | — | as long as short |
| Binance XAGUSDT | +0.0098% | 4h | 65.470 | +0.034% | $188.3M | $750.0M | 100x | as long as short |
| MEXC SILVER_USDT | +0.0098% | 4h | 65.480 | +0.049% | $113.5M | $156.4M | 1000x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.446 | −0.003% | $468K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.460 | +0.018% | $24.6M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.610 | +0.248% | $112K | $19K | 50x | as long as short |
| Aevo XAG-PERP | +0.0104% | 1h | 65.487 | +0.060% | $47K | — | 10x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.450 | +0.003% | $1.6M | $1.3M | 20x | as long as short |
| edgeX XAGUSDC | +0.0120% | 4h | 65.615 | +0.256% | $668K | $312K | 30x | as long as short |
| Nado XAG-PERP | +0.0121% | 1h | 65.465 | +0.026% | $1.2M | $5.5M | 10x | as long as short |
| GRVT XAG_USDT_Perp | +0.0142% | 4h | 65.554 | +0.162% | $395K | $1.6M | 25x | as long as short |
| Bullet SILVER-USD | +0.0169% | 1h | 65.499 | +0.078% | $44K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0196% | 4h | 65.490 | +0.064% | $23.8M | $46.4M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0201% | 8h | 65.490 | +0.064% | $27.7M | $70.7M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0208% | 1h | 65.480 | +0.049% | $66K | $370K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0212% | 1h | 65.515 | +0.102% | $79K | $37K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0321% / S −0.0301% | 1h | 65.505 | +0.087% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0339% | 4h | 65.520 | +0.110% | $2.6M | $618K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0492% | 1h | 65.472 | +0.037% | $917K | $739K | 25x | as long as short |
Injective XAG/USDC PERP
StandX XAG-USD
Vest SI-PERP
QFEX SILVER-USD
tradeXYZ xyz:SILVER
SoDEX SILVER-USD
Bybit XAGUSDT
Aster XAGUSDT
Paradex XAG-USD-PERP
RISEx XAG/USDC
Phoenix SILVER
Kalshi KXSILVERPERP
Lighter XAG
Variational Omni XAG
Binance XAGUSDT
MEXC SILVER_USDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Aevo XAG-PERP
Coinbase International SILVER-PERP-INTX
edgeX XAGUSDC
Nado XAG-PERP
GRVT XAG_USDT_Perp
Bullet SILVER-USD
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD