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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0412%/8h= +45.1% APRpaid last 24h +0.071%
Price spread now: Kraken Futures against Paradex−0.039%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. Kraken Futures is 0.039% cheaper against Paradex than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XAG-USD-PERP66.1360.0054pay 0.0054% / 8h2h 46m$30K$1K5x
ShortKraken Futures PF_XAGUSD66.1100.0466get 0.0058% / 1h46m 22s$909K$688K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Paradex. 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
$86.48
Price spread: −0.039% → 0.000%
−$3.9
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$68.58
Costs to cover
0.140%
Break-even
1.4 days
Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 2 min ago. 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 Paradex no order-book sample
Sell Kraken Futures live order book, 2 min ago3.47 bp9.3 bp −$916.5 bp −$16561.3 bp −$6,135doesn't fit
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−0.0026%1h66.030−0.160%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h66.104−0.048%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.140+0.007%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.200+0.097%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h66.140+0.007%$1.5M$257K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h66.077−0.088%$121K250xas long as short
RISEx XAG/USDC+0.0030%1h66.145+0.015%$1.3M$4.8M20xas long as short
Lighter RH XAG+0.0032%1h66.143+0.011%$4.8M$9.3M25xas long as short
Extended XAG-USD+0.0032%1h66.081−0.082%$5.2M$11.4M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.400%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix SILVER+0.0036%1h66.096−0.060%$56K$26K25xas long as short
StandX XAG-USD+0.0040%1h66.140+0.007%$796K$3.0M40xas long as short
Gate XAG_USDT+0.0044%4h66.150+0.022%$149.9M$154.0M100xas long as short
Vest SI-PERP+0.0046%1h66.571+0.658%25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.109−0.040%$3.9M$676K20xas long as short
SoDEX SILVER-USD+0.0050%1h66.072−0.096%$3K$6K20xas long as short
QFEX SILVER-USD+0.0051%1h66.120−0.023%$114K$2.7M20xas long as short
Paradex XAG-USD-PERPlong+0.0054%8h66.136long leg$30K$1K5x
tradeXYZ xyz:SILVER+0.0068%1h66.097−0.058%$166.6M$73.9M25xas long as short
Bybit XAGUSDT+0.0072%4h66.150+0.022%$27.8M$36.2M150xas long as short
Kalshi KXSILVERPERP+0.0075%24h66.112−0.036%$519K$26.7M8.1xas long as short
Pacifica XAG+0.0100%1h66.096−0.059%$471K$607K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.110−0.039%$24.5M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.100−0.054%$113K$30K50xas long as short
BloFin XAG-USDT+0.0103%4h66.130−0.008%$2.6M$571K100xas long as short
Aster XAGUSDT+0.0107%4h66.145+0.014%$2.7M$873K100xas long as short
Lighter XAG+0.0136%1h66.126−0.014%$5.3M$10.6M25xas long as short
Variational Omni XAG+0.0151%4h66.143+0.012%$5.7M$9.5Mas long as short
Aevo XAG-PERP+0.0152%1h66.130−0.008%$47K10xas long as short
Binance XAGUSDT+0.0159%4h66.140+0.007%$191.2M$702.8M100xas long as short
MEXC SILVER_USDT+0.0160%4h66.130−0.008%$116.4M$151.8M1000xas long as short
Nado XAG-PERP+0.0163%1h66.114−0.032%$1.4M$5.5M10xas long as short
edgeX XAGUSDC+0.0174%4h66.143+0.012%$671K$312K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0176%1h65.980−0.235%$1.8M$1.0M20xas long as short
Aftermath Perps XAGUSD+0.0194%1h66.093−0.064%$79K$36K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0204%1h66.120−0.023%$74K$364K20xas long as short
GRVT XAG_USDT_Perp+0.0206%4h66.160+0.037%$395K$1.5M25xas long as short
Bitget XAGUSDT+0.0220%4h66.140+0.007%$24.0M$44.8M100xas long as short
OKX XAG-USDT-SWAP+0.0220%8h66.140+0.007%$27.8M$64.6M50xas long as short
Bullet SILVER-USD+0.0226%1h66.150+0.022%$43K$76K10xas long as short
Hotstuff SILVER-PERP+0.0232%1h66.121−0.022%$35K$21K20xas long as short
Hibachi XAG/USDT-P+0.0320%1h66.098−0.056%$20K$19K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0443%1h66.135−0.001%$106K111xas long as short
Kraken Futures PF_XAGUSDshort+0.0466%1h66.110−0.039%$909K$688K25x