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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%
Price spread now: Polymarket Perps against StandX−0.047%59s7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 7 days−0.031%−$3 · spread now −0.047%, 7d avg −0.088%
Together, before fees−0.014%+ Points / potential airdropStandX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Polymarket Perps is 0.041% dearer against StandX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.088%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAG-USD65.6000.0040pay 0.0005% / 1h4m 38s$789K$3.1M40x
ShortPolymarket Perps SILVER-USD65.5690.0050get 0.0006% / 1h4m 38s$3.8M$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against StandX. 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
$2.1
Price spread: −0.047% → −0.088%
$4.08
Slippage, 4 orders
−$15.98
Fee StandX: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$25.8
Costs to cover
0.320%
Break-even
93.0 days
Slippage from StandX: live order book, 2 min ago; Polymarket Perps: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 2 min ago2.29 bp7.8 bp −$88.9 bp −$8937.0 bp −$3,703doesn't fit
Sell Polymarket Perps live order book, 2 min ago0.08 bp4.1 bp −$44.1 bp −$415.5 bp −$546doesn't fit

XAG on 44 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff SILVER-PERP−0.6520%1h65.560−0.061%$39K$26K20xas long as short
dYdX XAG-USD0.0000%1h65.552−0.073%$13K$8K5xas long as short
RISEx XAG/USDC0.0000%1h65.605+0.007%$1.3M$5.5M20xas long as short
Gate XAG_USDT0.0000%4h65.620+0.030%$135.2M$204.6M100xas long as short
SunX XAG-USDT0.0000%4h65.580−0.030%$2K$2.2M20xas long as short
HTX XAG-USDT0.0000%4h65.640+0.061%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.620+0.030%$1.5M$257K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.537−0.096%$118K250xas long as short
Variational Omni XAG+0.0018%4h65.606+0.010%$5.4M$9.3Mas long as short
Lighter RH XAG+0.0032%1h65.579−0.033%$4.6M$10.0M25xas long as short
Show all 44 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XAG-USD+0.0032%1h65.522−0.119%$5.1M$12.3M10xas long as short
Injective XAG/USDC PERP+0.0033%1h64.602−1.521%$11K$24052xas long as short
Ondo Perps XAG-USD.P+0.0035%1h65.500−0.152%$5.7M$11.2M25xas long as short
StandX XAG-USDlong+0.0040%1h65.600long leg$789K$3.1M40x
Aster XAGUSDT+0.0042%4h65.604+0.007%$2.7M$1.2M100xas long as short
QFEX SILVER-USD+0.0042%1h65.590−0.015%$446K$1.4M20xas long as short
MEXC SILVER_USDT+0.0044%4h65.590−0.015%$120.7M$166.6M1000xas long as short
edgeX XAGUSDC+0.0045%4h65.560−0.061%$668K$314K30xas long as short
Vest SI-PERP+0.0046%1h66.023+0.645%25xas long as short
Binance XAGUSDT+0.0046%4h65.601+0.002%$191.4M$858.8M100xas long as short
Polymarket Perps SILVER-USDshort+0.0050%1h65.569−0.047%$3.8M$1.5M20x
SoDEX SILVER-USD+0.0050%1h65.535−0.099%$3K$6K20xas long as short
Paradex XAG-USD-PERP+0.0053%8h65.568−0.049%$29K5xas long as short
Bybit XAGUSDT+0.0062%4h65.630+0.046%$31.1M$48.6M150xas long as short
Aevo XAG-PERP+0.0064%1h65.587−0.020%$47K10xas long as short
GRVT XAG_USDT_Perp+0.0082%4h65.575−0.038%$390K$1.6M25xas long as short
tradeXYZ xyz:SILVER+0.0088%1h65.552−0.073%$175.8M$86.0M25xas long as short
Pacifica XAG+0.0100%1h65.523−0.118%$462K$501K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.550−0.076%$25.3M$4.1M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.520−0.122%$112K$19K50xas long as short
Coinbase International SILVER-PERP-INTX+0.0104%1h65.510−0.137%$1.6M$2.1M20xas long as short
Kalshi KXSILVERPERP+0.0112%24h65.599−0.002%$780K$38.4M8.1xas long as short
Phoenix SILVER+0.0134%1h65.516−0.128%$55K$15K25xas long as short
Nado XAG-PERP+0.0142%1h65.547−0.082%$1.1M$3.1M10xas long as short
Lighter XAG+0.0152%1h65.584−0.025%$5.3M$12.3M25xas long as short
OKX XAG-USDT-SWAP+0.0161%8h65.6000.000%$27.6M$86.1M50xas long as short
BloFin XAG-USDT+0.0179%4h65.590−0.015%$2.6M$771K100xas long as short
Bitget XAGUSDT+0.0190%4h65.6000.000%$23.3M$53.4M100xas long as short
Aftermath Perps XAGUSD+0.0227%1h65.550−0.076%$79K$37K10xas long as short
Bullet SILVER-USD+0.0243%1h65.605+0.007%$44K$70K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0244% / S −0.0204%1h65.615+0.023%$93K111xas long as short
Hibachi XAG/USDT-P+0.0248%1h65.552−0.073%$21K$12K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0360%1h65.580−0.030%$77K$381K20xas long as short
Kraken Futures PF_XAGUSD+0.0540%1h65.573−0.041%$1.0M$958K25xas long as short