Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0053%/8h= +5.8% APRpaid last 24h +0.022%

Price spread now: Paradex against HTX−0.122%7-day average — · you buy dearer than you sell

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

Long on HTX 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

Funding pays, the price is against you. Paradex is 0.122% cheaper against HTX than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 7.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XAG-USDT	65.330	0	get 0.0000% / 4h	1h 01m	$1.1M	$1.3M	75x
Short	Paradex XAG-USD-PERP	65.250	0.0053	get 0.0053% / 8h	1h 01m	$29K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against HTX. 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 HTXbpFee ParadexbpOrdersPrice spread, now −0.122%Rate

Funding earned: $11.21
Price spread: −0.122% → 0.000%: −$12.21
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$17
Costs to cover: 0.160%
Break-even: 17.6 days

Slippage unknown: HTX: live order book, 2 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 HTX live order book, 2 min ago	3.07 bp	9.1 bp −$9	9.1 bp −$91	12.8 bp −$1,279	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
Ondo Perps XAG-USD.P	−0.0072%	1h	65.180	−0.230%	$5.6M	$9.6M	25x	as long as short
Hotstuff SILVER-PERP	−0.0008%	1h	65.239	−0.139%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.233	−0.148%	$12K	$5K	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	65.350	+0.031%	$27.8M	$39.6M	150x	as long as short
SunX XAG-USDT	0.0000%	4h	65.290	−0.061%	$2K	$2.6M	20x	as long as short
HTX XAG-USDTlong	0.0000%	4h	65.330	long leg	$1.1M	$1.3M	75x
Phemex XAGUSDT	0.0000%	4h	65.300	−0.046%	$1.5M	$281K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.238	−0.141%	$118K	—	250x	as long as short
Gate XAG_USDT	+0.0030%	4h	65.320	−0.015%	$141.3M	$184.7M	100x	as long as short
Variational Omni XAG	+0.0031%	4h	65.344	+0.021%	$5.5M	$9.3M	—	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XAG	+0.0032%	1h	65.331	+0.001%	$4.6M	$9.8M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.238	−0.141%	$5.1M	$11.6M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.638%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	65.280	−0.077%	$785K	$2.9M	40x	as long as short
Aster XAGUSDT	+0.0042%	4h	65.332	+0.003%	$2.7M	$977K	100x	as long as short
Vest SI-PERP	+0.0046%	1h	65.695	+0.559%	—	—	25x	as long as short
QFEX SILVER-USD	+0.0050%	1h	65.290	−0.061%	$152K	$1.4M	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.264	−0.101%	$3.8M	$854K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.224	−0.162%	$3K	$6K	20x	as long as short
Paradex XAG-USD-PERPshort	+0.0053%	8h	65.250	−0.122%	$29K	$1K	5x
MEXC SILVER_USDT	+0.0054%	4h	65.300	−0.046%	$116.5M	$158.1M	1000x	as long as short
Binance XAGUSDT	+0.0056%	4h	65.333	+0.005%	$191.5M	$763.5M	100x	as long as short
edgeX XAGUSDC	+0.0057%	4h	65.322	−0.013%	$665K	$313K	30x	as long as short
tradeXYZ xyz:SILVER	+0.0061%	1h	65.275	−0.084%	$170.4M	$83.1M	25x	as long as short
RISEx XAG/USDC	+0.0061%	1h	65.299	−0.048%	$1.2M	$4.9M	20x	as long as short
Phoenix SILVER	+0.0061%	1h	65.287	−0.066%	$56K	$31K	25x	as long as short
Aevo XAG-PERP	+0.0072%	1h	65.284	−0.070%	$47K	—	10x	as long as short
Kalshi KXSILVERPERP	+0.0078%	24h	65.250	−0.122%	$477K	$31.2M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.275	−0.084%	$468K	$625K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.260	−0.107%	$25.3M	$5.0M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.310	−0.031%	$112K	$19K	50x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0120%	1h	65.230	−0.153%	$1.6M	$1.4M	20x	as long as short
GRVT XAG_USDT_Perp	+0.0138%	4h	65.328	−0.003%	$391K	$1.6M	25x	as long as short
Nado XAG-PERP	+0.0152%	1h	65.224	−0.162%	$1.2M	$5.1M	10x	as long as short
Lighter XAG	+0.0168%	1h	65.331	+0.002%	$5.3M	$11.6M	25x	as long as short
Hibachi XAG/USDT-P	+0.0168%	1h	65.228	−0.155%	$20K	$19K	10x	as long as short
Bitget XAGUSDT	+0.0170%	4h	65.310	−0.031%	$23.7M	$46.3M	100x	as long as short
OKX XAG-USDT-SWAP	+0.0184%	8h	65.340	+0.015%	$28.1M	$71.1M	50x	as long as short
Bullet SILVER-USD	+0.0206%	1h	65.308	−0.034%	$44K	$75K	10x	as long as short
Aftermath Perps XAGUSD	+0.0214%	1h	65.270	−0.092%	$78K	$37K	10x	as long as short
BloFin XAG-USDT	+0.0218%	4h	65.260	−0.107%	$2.6M	$590K	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.305	−0.038%	$93K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0363%	1h	65.280	−0.077%	$66K	$385K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0493%	1h	65.269	−0.093%	$1.0M	$877K	25x	as long as short