Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0087%/8h= +9.5% APRpaid last 24h −0.011%

Price spread now: Paradex against Aftermath Perps+0.067%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.067% dearer against Aftermath Perps than usual: you sell high and buy low: +$7 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	Aftermath Perps XAGUSD	66.042	0.0010	pay 0.0001% / 1h	59m 49s	$79K	$40K	10x
Short	Paradex XAG-USD-PERP	66.086	0.0098	get 0.0098% / 8h	1h 59m	$30K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Aftermath 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee ParadexbpOrdersPrice spread, now +0.067%Rate

Funding earned: $18.31
Price spread: +0.067% → 0.000%: $6.73
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: $12.03
Costs to cover: 0.130%
Break-even: 2.4 days

Slippage unknown: Aftermath Perps: no order-book sample; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aftermath Perps no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Aftermath Perps and Paradex: 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 42 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
Hotstuff SILVER-PERP	−0.0112%	1h	66.028	−0.021%	$35K	$21K	20x	as long as short
Nado XAG-PERP	−0.0001%	1h	66.081	+0.060%	$1.3M	$6.5M	10x	as long as short
dYdX XAG-USD	0.0000%	1h	66.057	+0.023%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.090	+0.073%	$25.5M	$35.8M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.090	+0.073%	$146.9M	$185.9M	100x	as long as short
GRVT XAG_USDT_Perp	0.0000%	4h	66.047	+0.007%	$392K	$1.6M	25x	as long as short
SunX XAG-USDT	0.0000%	4h	66.100	+0.088%	$2K	$3.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.130	+0.134%	$1.0M	$1.2M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.110	+0.103%	$1.5M	$248K	100x	as long as short
Bullet SILVER-USD	0.0000%	1h	66.106	+0.097%	$44K	$74K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps XAGUSDlong	+0.0010%	1h	66.042	long leg	$79K	$40K	10x
Bitget XAGUSDT	+0.0012%	4h	66.090	+0.073%	$23.6M	$51.7M	100x	as long as short
Aster XAGUSDT	+0.0012%	4h	66.053	+0.017%	$2.8M	$1.1M	100x	as long as short
Lighter XAG	+0.0032%	1h	66.036	−0.009%	$5.1M	$10.5M	25x	as long as short
Lighter RH XAG	+0.0032%	1h	66.034	−0.011%	$4.4M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.030	−0.018%	$5.3M	$14.7M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.542%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.030	−0.018%	$790K	$2.8M	40x	as long as short
Variational Omni XAG	+0.0045%	4h	66.103	+0.092%	$5.3M	$11.1M	—	as long as short
Vest SI-PERP	+0.0046%	1h	66.535	+0.747%	—	—	25x	as long as short
MEXC SILVER_USDT	+0.0050%	4h	66.080	+0.058%	$122.1M	$192.8M	1000x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.043	+0.002%	$3.9M	$742K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.020	−0.033%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.030	−0.018%	$5.4M	$9.7M	25x	as long as short
Binance XAGUSDT	+0.0052%	4h	66.105	+0.096%	$190.2M	$783.4M	100x	as long as short
edgeX XAGUSDC	+0.0052%	4h	66.085	+0.065%	$670K	$315K	30x	as long as short
Kalshi KXSILVERPERP	+0.0055%	24h	66.054	+0.018%	$638K	$21.7M	8.1x	as long as short
BloFin XAG-USDT	+0.0058%	4h	66.050	+0.012%	$2.6M	$1.2M	100x	as long as short
Aevo XAG-PERP	+0.0064%	1h	66.089	+0.071%	$47K	—	10x	as long as short
Phoenix SILVER	+0.0073%	1h	66.019	−0.034%	$56K	$26K	25x	as long as short
QFEX SILVER-USD	+0.0080%	1h	66.080	+0.058%	$143K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0086%	1h	66.046	+0.006%	$163.7M	$95.8M	25x	as long as short
Paradex XAG-USD-PERPshort	+0.0098%	8h	66.086	+0.067%	$30K	$1K	5x
Pacifica XAG	+0.0100%	1h	66.047	+0.008%	$472K	$645K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.050	+0.012%	$24.2M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.030	−0.018%	$112K	$85K	50x	as long as short
OKX XAG-USDT-SWAP	+0.0142%	8h	66.110	+0.103%	$27.4M	$69.9M	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0200%	1h	66.060	+0.028%	$1.9M	$1.2M	20x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0359% / S −0.0369%	1h	66.105	+0.096%	$103K	—	29x	as long as short
RISEx XAG/USDC	+0.0432%	1h	66.105	+0.095%	$1.3M	$4.3M	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0507%	1h	66.110	+0.103%	$76K	$347K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0614%	1h	66.083	+0.062%	$776K	$610K	25x	as long as short