Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%

Price spread now: Paradex against ApeX Omni−0.005%50s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XAGUSDT	66.400	0.0100	pay 0.0013% / 1h	43m 57s	$126K	$26K	50x
Short	Paradex XAG-USD-PERP	66.397	0.0104	get 0.0104% / 8h	43m 57s	$30K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against ApeX Omni. 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 ApeX OmnibpFee ParadexbpOrdersPrice spread, now −0.005%Rate

Funding earned: $0.8
Price spread: −0.005% → 0.000%: −$0.48
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$13.68
Costs to cover: 0.140%
Break-even: 127.4 days

Slippage unknown: ApeX Omni: live order book, 32 min ago; 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 ApeX Omni live order book, 32 min ago	3.78 bp	15.9 bp −$16	50.3 bp −$503	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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 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
dYdX XAG-USD	0.0000%	1h	66.370	−0.046%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.460	+0.090%	$25.7M	$33.4M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.450	+0.075%	$147.4M	$169.9M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.450	+0.075%	$2K	$3.1M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.470	+0.105%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.450	+0.075%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.380	−0.029%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.433	+0.049%	$4.8M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.385	−0.023%	$5.5M	$12.3M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	0.000%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix SILVER	+0.0036%	1h	66.397	−0.005%	$56K	$26K	25x	as long as short
Hotstuff SILVER-PERP	+0.0040%	1h	66.374	−0.039%	$35K	$21K	20x	as long as short
StandX XAG-USD	+0.0040%	1h	66.380	−0.030%	$794K	$2.7M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.878	+0.720%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.410	+0.015%	$3.9M	$699K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.382	−0.027%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.320	−0.120%	$5.7M	$10.0M	25x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.385	−0.023%	$589K	$21.3M	8.1x	as long as short
QFEX SILVER-USD	+0.0061%	1h	66.430	+0.045%	$124K	$2.8M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0068%	1h	66.416	+0.024%	$165.5M	$87.5M	25x	as long as short
Variational Omni XAG	+0.0088%	4h	66.467	+0.100%	$5.6M	$10.3M	—	as long as short
Aster XAGUSDT	+0.0089%	4h	66.420	+0.030%	$2.8M	$1.1M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.354	−0.069%	$475K	$625K	10x	as long as short
MEXC SILVER_USDT	+0.0100%	4h	66.440	+0.060%	$114.3M	$152.9M	1000x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.400	0.000%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDTlong	+0.0100%	1h	66.400	long leg	$126K	$26K	50x
Binance XAGUSDT	+0.0100%	4h	66.450	+0.075%	$191.9M	$723.1M	100x	as long as short
Paradex XAG-USD-PERPshort	+0.0104%	8h	66.397	−0.005%	$30K	$1K	5x
Aevo XAG-PERP	+0.0104%	1h	66.439	+0.059%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0110%	4h	66.444	+0.067%	$674K	$315K	30x	as long as short
Lighter XAG	+0.0112%	1h	66.433	+0.050%	$5.2M	$10.3M	25x	as long as short
Bitget XAGUSDT	+0.0116%	4h	66.460	+0.090%	$24.2M	$48.0M	100x	as long as short
BloFin XAG-USDT	+0.0133%	4h	66.410	+0.015%	$2.6M	$650K	100x	as long as short
Aftermath Perps XAGUSD	+0.0147%	1h	66.417	+0.025%	$80K	$40K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0152%	4h	66.460	+0.090%	$395K	$1.4M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0160%	1h	66.460	+0.090%	$1.9M	$848K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0189%	8h	66.450	+0.075%	$27.6M	$66.3M	50x	as long as short
RISEx XAG/USDC	+0.0208%	1h	66.424	+0.036%	$1.3M	$4.2M	20x	as long as short
Bullet SILVER-USD	+0.0243%	1h	66.446	+0.069%	$46K	$75K	10x	as long as short
Nado XAG-PERP	+0.0256%	1h	66.392	−0.012%	$1.3M	$6.5M	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0258% / S −0.0231%	1h	66.445	+0.068%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.409	+0.013%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.430	+0.045%	$50K	$360K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0596%	1h	66.405	+0.007%	$767K	$569K	25x	as long as short