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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.012%
Price spread now: Paradex against Injective−0.507%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno 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 0.507% cheaper against Injective than usual: you would sell low and buy high (spread −0.507% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$51 on $10k: about 2 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XAG/USDC PERP66.4000.0033pay 0.0004% / 1h20m 44s$11K$94K52x
ShortParadex XAG-USD-PERP66.0630.0056get 0.0056% / 8h3h 20m$30K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Injective. 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
$4.86
Price spread: −0.507% → 0.000%
−$50.73
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$49.88
Costs to cover
0.040%
Break-even
78.8 days
Slippage unknown: Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Paradex no order-book sample
Injective 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 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0058%1h65.960−0.663%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.989−0.620%$15K5xas long as short
SunX XAG-USDT0.0000%4h66.090−0.467%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.110−0.437%$1.0M$949K75xas long as short
Phemex XAGUSDT0.0000%4h66.090−0.467%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.019−0.574%$120K250xas long as short
Gate XAG_USDT+0.0004%4h66.100−0.452%$149.9M$163.9M100xas long as short
Lighter RH XAG+0.0032%1h66.083−0.478%$4.8M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.026−0.563%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERPlong+0.0033%1h66.400long leg$11K$94K52x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USD+0.0040%1h66.060−0.512%$795K$3.0M40xas long as short
Vest SI-PERP+0.0046%1h66.502+0.154%25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h66.060−0.512%$166.4M$73.9M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.040−0.542%$3.9M$674K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.022−0.569%$3K$6K20xas long as short
Paradex XAG-USD-PERPshort+0.0056%8h66.063−0.507%$30K$1K5x
QFEX SILVER-USD+0.0060%1h66.050−0.527%$114K$2.7M20xas long as short
Hotstuff SILVER-PERP+0.0072%1h66.050−0.527%$35K$21K20xas long as short
Phoenix SILVER+0.0073%1h65.995−0.610%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0073%24h66.047−0.532%$518K$26.1M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.083−0.477%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h66.026−0.564%$470K$608K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.050−0.527%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.020−0.572%$113K$30K50xas long as short
Lighter XAG+0.0104%1h66.087−0.471%$5.3M$10.8M25xas long as short
Bybit XAGUSDT+0.0117%4h66.110−0.437%$27.8M$36.6M150xas long as short
Aster XAGUSDT+0.0126%4h66.080−0.482%$2.7M$866K100xas long as short
Aevo XAG-PERP+0.0168%1h66.074−0.491%$47K10xas long as short
Nado XAG-PERP+0.0170%1h66.042−0.540%$1.4M$5.8M10xas long as short
Variational Omni XAG+0.0171%4h66.073−0.492%$5.7M$9.5Mas long as short
Binance XAGUSDT+0.0184%4h66.090−0.467%$191.2M$702.3M100xas long as short
MEXC SILVER_USDT+0.0184%4h66.080−0.482%$114.7M$152.7M1000xas long as short
Aftermath Perps XAGUSD+0.0189%1h66.002−0.599%$79K$36K10xas long as short
edgeX XAGUSDC+0.0195%4h66.031−0.556%$670K$311K30xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0204%1h66.070−0.497%$75K$363K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h66.026−0.563%$394K$1.5M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h66.030−0.557%$1.8M$1.0M20xas long as short
OKX XAG-USDT-SWAP+0.0226%8h66.090−0.467%$27.7M$64.6M50xas long as short
Bullet SILVER-USD+0.0226%1h66.088−0.470%$45K$76K10xas long as short
Bitget XAGUSDT+0.0228%4h66.090−0.467%$24.0M$45.2M100xas long as short
BloFin XAG-USDT+0.0231%4h66.040−0.542%$2.6M$563K100xas long as short
Hibachi XAG/USDT-P+0.0304%1h66.020−0.572%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0387% / S −0.0440%1h66.085−0.474%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0623%1h66.053−0.523%$912K$683K25xas long as short