After costs, if the gap returns to its 7d average, $10k−$34
spread now+0.071%7d average+0.117%fees + slippage, in and out−$29spread needed0.290%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SILVER-USD | 66.123 | 0.0050 | pay 0.0006% / 1h | 29m 37s | $3.6M | $244K | 20x |
| Short | Gate XAG_USDT | 66.170 | 0 | get 0.0000% / 4h | 1h 29m | $130.1M | $175.0M | 100x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $7.11
- Funding while held
- −$1.5
- Slippage, 4 orders
- −$5.96
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$23.35
- Spread needed to break even
- 0.290%
Slippage from Polymarket Perps: live order book, 6 min ago; Gate: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- Average in range /8h
- —
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, 6 min ago | 0.98 bp | 5.0 bp −$5 | 5.7 bp −$57 | 7.9 bp −$794 | doesn't fit |
| Sell Gate live order book, 6 min ago | 0.76 bp | 9.8 bp −$10 | 9.8 bp −$98 | 11.8 bp −$1,184 | 14.5 bp −$7,247 |
XAG price on every exchange
against the cheapest. Click to use as the short leg.XAG on 43 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps XAG-USD.P | −0.126% | −0.0050% | 1h | $6.1M | $6.9M | 25x | as long as short |
| ApeX Omni XAGUSDT | −0.080% | +0.0100% | 1h | $112K | $189K | 50x | as long as short |
| Phoenix SILVER | −0.074% | 0.0000% | 1h | $56K | $26K | 25x | as long as short |
| Kalshi KXSILVERPERP | −0.042% | 0.0000% | 24h | $729K | $18.1M | 8.1x | as long as short |
| Nado XAG-PERP | −0.031% | +0.0095% | 1h | $1.3M | $5.9M | 10x | as long as short |
| Extended XAG-USD | −0.026% | +0.0048% | 1h | $4.2M | $13.4M | 10x | as long as short |
| Aftermath Perps XAGUSD | −0.020% | +0.0157% | 1h | $79K | $39K | 10x | as long as short |
| Hibachi XAG/USDT-P | −0.020% | −0.0488% | 1h | $22K | $16K | 10x | as long as short |
| tradeXYZ xyz:SILVER | −0.018% | +0.0050% | 1h | $161.3M | $87.3M | 25x | as long as short |
| Pacifica XAG | −0.016% | +0.0100% | 1h | $476K | $673K | 10x | as long as short |
Show all 43 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | −0.006% | 0.0000% | 1h | $15K | $997 | 5x | as long as short |
| Variational Omni XAG | −0.005% | +0.0102% | 4h | $5.7M | $11.9M | — | as long as short |
| QFEX SILVER-USD | −0.005% | +0.0041% | 1h | $147K | $2.8M | 20x | as long as short |
| gTrade (Gains Network) XAG/USD | −0.004% | L +0.0004% / S −0.0006% | 1h | $115K | — | 250x | as long as short |
| Kraken Futures PF_XAGUSD | −0.001% | −0.0030% | 1h | $739K | $411K | 25x | as long as short |
| Polymarket Perps SILVER-USDlong | 0.000% | +0.0050% | 1h | $3.6M | $244K | 20x | |
| SoDEX SILVER-USD | +0.002% | +0.0050% | 1h | $4K | $5K | 20x | as long as short |
| edgeX XAGUSDC | +0.003% | +0.0126% | 4h | $668K | $330K | 30x | as long as short |
| Hotstuff SILVER-PERP | +0.006% | +0.0336% | 1h | $31K | $13K | 20x | as long as short |
| Lighter RH XAG | +0.008% | +0.0032% | 1h | $4.6M | $8.4M | 25x | as long as short |
| KuCoin XAGUSDTM | +0.011% | +0.0100% | 4h | $24.1M | $3.3M | 75x | as long as short |
| StandX XAG-USD | +0.011% | +0.0040% | 1h | $701K | $1.6M | 40x | as long as short |
| BloFin XAG-USDT | +0.026% | +0.0088% | 4h | $2.6M | $1.6M | 100x | as long as short |
| RISEx XAG/USDC | +0.029% | 0.0000% | 1h | $1.4M | $2.3M | 20x | as long as short |
| Paradex XAG-USD-PERP | +0.031% | +0.0060% | 8h | $30K | $1K | 5x | as long as short |
| Lighter XAG | +0.034% | +0.0128% | 1h | $5.2M | $10.4M | 25x | as long as short |
| MEXC SILVER_USDT | +0.041% | +0.0104% | 4h | $115.8M | $164.3M | 1000x | as long as short |
| Bitget XAGUSDT | +0.056% | +0.0182% | 4h | $22.5M | $45.9M | 100x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.056% | +0.0052% | 1h | $89K | $598K | 20x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.056% | +0.0224% | 1h | $1.8M | $1.1M | 20x | as long as short |
| Aevo XAG-PERP | +0.056% | +0.0104% | 1h | $48K | — | 10x | as long as short |
| Binance XAGUSDT | +0.070% | +0.0104% | 4h | $185.1M | $719.7M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.071% | +0.0156% | 8h | $27.7M | $59.1M | 50x | as long as short |
| Gate XAG_USDTshort | +0.071% | 0.0000% | 4h | $130.1M | $175.0M | 100x | |
| Bullet SILVER-USD | +0.075% | +0.0232% | 1h | $44K | $78K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | +0.079% | L +0.0247% / S −0.0235% | 1h | $82K | — | 111x | as long as short |
| Aster XAGUSDT | +0.086% | +0.0026% | 4h | $2.8M | $1.1M | 100x | as long as short |
| Bybit XAGUSDT | +0.101% | +0.0046% | 4h | $23.9M | $34.2M | 150x | as long as short |
| SunX XAG-USDT | +0.101% | 0.0000% | 4h | $2K | $3.4M | 20x | as long as short |
| HTX XAG-USDT | +0.116% | 0.0000% | 4h | $1.0M | $866K | 75x | as long as short |
| Phemex XAGUSDT | +0.116% | 0.0000% | 4h | $1.5M | $245K | 100x | as long as short |
| Injective XAG/USDC PERP | +0.419% | +0.0033% | 1h | $11K | $218K | 52x | as long as short |
| Vest SI-PERP | +0.738% | +0.0046% | 1h | — | — | 25x | as long as short |
Polymarket Perps SILVER-USD
Gate XAG_USDT
ApeX Omni
Phoenix
Extended
tradeXYZ
Pacifica
Variational Omni
gTrade (Gains Network)
Kraken Futures
SoDEX
Lighter RH
KuCoin
StandX
BloFin
RISEx
Paradex
Lighter
MEXC
Bitget
Deribit
Coinbase International
Binance
OKX
Bullet
GMX
Aster
Bybit
SunX
HTX
Phemex
Injective