Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.005%

Price spread now: Paradex against RISEx−0.005%7-day average — · you buy dearer than you sell

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

Long on RISEx 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	RISEx XAG/USDC	65.963	0.0080	pay 0.0010% / 1h	43m 30s	$1.3M	$4.9M	20x
Short	Paradex XAG-USD-PERP	65.959	0.0121	get 0.0121% / 8h	3h 43m	$30K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against RISEx. 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 RISExbpFee ParadexbpOrdersPrice spread, now −0.005%Rate

Funding earned: $8.49
Price spread: −0.005% → 0.000%: −$0.53
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$2.04
Costs to cover: 0.100%
Break-even: 8.7 days

Slippage unknown: RISEx: live order book, 1 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 RISEx live order book, 1 min ago	1.46 bp	4.5 bp −$4	5.8 bp −$58	doesn't fit	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	−0.0046%	1h	65.850	−0.171%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.934	−0.044%	$14K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.980	+0.026%	$149.5M	$163.3M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.960	−0.004%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.030	+0.102%	$1.0M	$967K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.980	+0.026%	$1.5M	$319K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.910	−0.080%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.954	−0.014%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.901	−0.094%	$5.1M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.663%	$11K	$94K	52x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX XAG-USD	+0.0040%	1h	65.990	+0.041%	$794K	$3.1M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.404	+0.669%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.932	−0.047%	$165.9M	$73.6M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.937	−0.039%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.900	−0.095%	$3K	$6K	20x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	65.984	+0.032%	$35K	$21K	20x	as long as short
QFEX SILVER-USD	+0.0060%	1h	65.950	−0.019%	$114K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0072%	24h	65.956	−0.010%	$538K	$25.9M	8.1x	as long as short
Phoenix SILVER	+0.0073%	1h	65.967	+0.006%	$56K	$26K	25x	as long as short
RISEx XAG/USDClong	+0.0080%	1h	65.963	long leg	$1.3M	$4.9M	20x
Pacifica XAG	+0.0100%	1h	65.906	−0.086%	$469K	$614K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.930	−0.050%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.960	−0.004%	$113K	$30K	50x	as long as short
Lighter XAG	+0.0112%	1h	65.948	−0.022%	$5.2M	$10.6M	25x	as long as short
Paradex XAG-USD-PERPshort	+0.0121%	8h	65.959	−0.005%	$30K	$1K	5x
Bybit XAGUSDT	+0.0128%	4h	65.990	+0.041%	$27.4M	$36.5M	150x	as long as short
Aster XAGUSDT	+0.0138%	4h	65.971	+0.012%	$2.7M	$871K	100x	as long as short
BloFin XAG-USDT	+0.0159%	4h	66.000	+0.057%	$2.6M	$556K	100x	as long as short
Nado XAG-PERP	+0.0175%	1h	65.918	−0.068%	$1.4M	$6.1M	10x	as long as short
Aevo XAG-PERP	+0.0192%	1h	65.964	+0.001%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0195%	4h	66.003	+0.062%	$5.6M	$9.4M	—	as long as short
MEXC SILVER_USDT	+0.0204%	4h	65.960	−0.004%	$112.8M	$152.1M	1000x	as long as short
Binance XAGUSDT	+0.0204%	4h	65.970	+0.011%	$190.9M	$702.5M	100x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	65.940	−0.034%	$75K	$363K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.019%	$1.8M	$1.0M	20x	as long as short
Aftermath Perps XAGUSD	+0.0213%	1h	65.967	+0.007%	$79K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0215%	4h	66.014	+0.078%	$670K	$312K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0218%	4h	66.022	+0.090%	$394K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0231%	1h	65.980	+0.026%	$44K	$76K	10x	as long as short
OKX XAG-USDT-SWAP	+0.0234%	8h	65.980	+0.026%	$27.6M	$64.7M	50x	as long as short
Bitget XAGUSDT	+0.0244%	4h	65.970	+0.011%	$23.9M	$45.2M	100x	as long as short
Hibachi XAG/USDT-P	+0.0344%	1h	65.945	−0.027%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	65.975	+0.019%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	65.945	−0.028%	$910K	$683K	25x	as long as short