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

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h −0.028%
Price spread now: Ondo Perps against Paradex−0.157%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 · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.157% cheaper against Paradex than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XAG-USD-PERP65.4020.0055pay 0.0055% / 8h1h 20m$29K$1K5x
ShortOndo Perps XAG-USD.P65.300−0.0085pay 0.0011% / 1h20m 35s$5.6M$9.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$29.31
Price spread: −0.157% → 0.000%
−$15.66
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$53.97
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Ondo Perps: 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 Paradex no order-book sample
Sell Ondo Perps no order-book sample
Paradex and Ondo Perps: 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
Hibachi XAG/USDT-P−0.0168%1h65.346−0.087%$20K$19K10xas long as short
Ondo Perps XAG-USD.Pshort−0.0085%1h65.300−0.157%$5.6M$9.7M25x
dYdX XAG-USD0.0000%1h65.349−0.082%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.420+0.027%$27.8M$39.9M150xas long as short
SunX XAG-USDT0.0000%4h65.430+0.042%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.440+0.057%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.420+0.027%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.359−0.066%$118K250xas long as short
Gate XAG_USDT+0.0024%4h65.430+0.042%$141.1M$182.9M100xas long as short
Variational Omni XAG+0.0028%4h65.404+0.002%$5.5M$9.4Mas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.412+0.014%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.357−0.069%$5.1M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.525%$11K$94K52xas long as short
Aster XAGUSDT+0.0035%4h65.415+0.019%$2.7M$975K100xas long as short
StandX XAG-USD+0.0040%1h65.400−0.004%$787K$2.9M40xas long as short
Vest SI-PERP+0.0046%1h65.829+0.652%25xas long as short
QFEX SILVER-USD+0.0050%1h65.410+0.012%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.379−0.036%$170.5M$83.5M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.377−0.039%$3.8M$718K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.355−0.073%$3K$6K20xas long as short
Binance XAGUSDT+0.0054%4h65.413+0.016%$191.1M$764.6M100xas long as short
MEXC SILVER_USDT+0.0054%4h65.400−0.004%$116.2M$157.5M1000xas long as short
Paradex XAG-USD-PERPlong+0.0055%8h65.402long leg$29K$1K5x
Hotstuff SILVER-PERP+0.0056%1h65.386−0.025%$35K$21K20xas long as short
RISEx XAG/USDC+0.0061%1h65.426+0.036%$1.2M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.347−0.085%$56K$31K25xas long as short
Aevo XAG-PERP+0.0072%1h65.405+0.003%$47K10xas long as short
edgeX XAGUSDC+0.0073%4h65.369−0.051%$665K$313K30xas long as short
Kalshi KXSILVERPERP+0.0077%24h65.370−0.050%$518K$31.0M8.1xas long as short
Pacifica XAG+0.0100%1h65.358−0.069%$467K$624K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.390−0.019%$25.4M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.340−0.095%$112K$19K50xas long as short
GRVT XAG_USDT_Perp+0.0116%4h65.408+0.008%$385K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.320−0.126%$1.6M$1.4M20xas long as short
Nado XAG-PERP+0.0129%1h65.387−0.024%$1.2M$5.3M10xas long as short
Lighter XAG+0.0144%1h65.415+0.019%$5.4M$11.4M25xas long as short
Bitget XAGUSDT+0.0172%4h65.420+0.027%$23.8M$46.4M100xas long as short
Bullet SILVER-USD+0.0177%1h65.425+0.034%$44K$76K10xas long as short
OKX XAG-USDT-SWAP+0.0180%8h65.430+0.042%$28.0M$70.9M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.400−0.004%$65K$380K20xas long as short
Aftermath Perps XAGUSD+0.0215%1h65.345−0.088%$79K$37K10xas long as short
BloFin XAG-USDT+0.0224%4h65.410+0.012%$2.6M$601K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0273% / S −0.0241%1h65.415+0.019%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0492%1h65.393−0.015%$916K$746K25xas long as short