Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h −0.013%

Price spread now: Paradex against MEXC−0.017%7-day average — · you buy dearer than you sell

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

Long on MEXC 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SILVER_USDT	65.750	0.0084	pay 0.0042% / 4h	1h 01m	$117.9M	$167.0M	1000x
Short	Paradex XAG-USD-PERP	65.739	0.0053	get 0.0053% / 8h	5h 01m	$29K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against MEXC. 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 MEXCbpFee ParadexbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$6.59
Price spread: −0.017% → 0.000%: −$1.71
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$12.31
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 6 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 MEXC live order book, 6 min ago	0.76 bp	0.8 bp −$1	0.8 bp −$8	0.8 bp −$76	3.7 bp −$1,868
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 exchanges

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	−3.2000%	1h	65.748	−0.003%	$39K	$26K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	65.706	−0.067%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.760	+0.015%	$137.1M	$207.8M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.770	+0.030%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.800	+0.076%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.760	+0.015%	$1.5M	$257K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.697	−0.081%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.763	+0.019%	$4.6M	$9.9M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.698	−0.079%	$5.1M	$11.9M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	64.602	−1.746%	$11K	$240	52x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	65.790	+0.061%	$791K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.208	+0.697%	—	—	25x	as long as short
Bybit XAGUSDT	+0.0047%	4h	65.760	+0.015%	$30.4M	$48.3M	150x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.747	−0.005%	$3.8M	$905K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.698	−0.079%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	65.660	−0.137%	$5.7M	$11.2M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.730	−0.030%	$447K	$1.4M	20x	as long as short
Paradex XAG-USD-PERPshort	+0.0053%	8h	65.739	−0.017%	$29K	—	5x
Deribit SILVER_USDC-PERPETUAL	+0.0054%	1h	65.730	−0.030%	$77K	$412K	20x	as long as short
Variational Omni XAG	+0.0064%	4h	65.778	+0.042%	$5.6M	$9.0M	—	as long as short
Aster XAGUSDT	+0.0079%	4h	65.757	+0.011%	$2.7M	$1.2M	100x	as long as short
Binance XAGUSDT	+0.0083%	4h	65.750	0.000%	$191.2M	$865.2M	100x	as long as short
MEXC SILVER_USDTlong	+0.0084%	4h	65.750	long leg	$117.9M	$167.0M	1000x
tradeXYZ xyz:SILVER	+0.0086%	1h	65.725	−0.038%	$176.0M	$92.9M	25x	as long as short
Aevo XAG-PERP	+0.0088%	1h	65.751	+0.001%	$47K	—	10x	as long as short
Pacifica XAG	+0.0100%	1h	65.709	−0.062%	$465K	$523K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.720	−0.046%	$25.4M	$4.4M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.740	−0.015%	$112K	$19K	50x	as long as short
edgeX XAGUSDC	+0.0102%	4h	65.789	+0.059%	$671K	$315K	30x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0104%	1h	65.620	−0.198%	$1.6M	$1.9M	20x	as long as short
Kalshi KXSILVERPERP	+0.0106%	24h	65.761	+0.017%	$779K	$39.2M	8.1x	as long as short
GRVT XAG_USDT_Perp	+0.0108%	4h	65.784	+0.052%	$391K	$1.6M	25x	as long as short
RISEx XAG/USDC	+0.0116%	1h	65.753	+0.005%	$1.3M	$5.4M	20x	as long as short
Nado XAG-PERP	+0.0118%	1h	65.736	−0.022%	$1.2M	$3.4M	10x	as long as short
Phoenix SILVER	+0.0122%	1h	65.787	+0.056%	$55K	$14K	25x	as long as short
Lighter XAG	+0.0144%	1h	65.756	+0.009%	$5.3M	$12.1M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0183%	8h	65.760	+0.015%	$28.0M	$86.2M	50x	as long as short
Bitget XAGUSDT	+0.0220%	4h	65.760	+0.015%	$23.1M	$53.0M	100x	as long as short
Aftermath Perps XAGUSD	+0.0222%	1h	65.741	−0.014%	$79K	$37K	10x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	65.743	−0.011%	$21K	$12K	10x	as long as short
Bullet SILVER-USD	+0.0228%	1h	65.773	+0.035%	$45K	$73K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0280% / S −0.0251%	1h	65.755	+0.008%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0328%	4h	65.790	+0.061%	$2.7M	$783K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0547%	1h	65.732	−0.027%	$1.0M	$947K	25x	as long as short