Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h +0.007%

Price spread now: Paradex against SoDEX+0.066%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.066% dearer against SoDEX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SILVER-USD	66.085	0.0050	pay 0.0006% / 1h	3m 19s	$3K	$6K	20x
Short	Paradex XAG-USD-PERP	66.129	0.0127	get 0.0127% / 8h	5h 03m	$30K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against SoDEX. 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 SoDEXbpFee ParadexbpOrdersPrice spread, now +0.066%Rate

Funding earned: $16.14
Price spread: +0.066% → 0.000%: $6.58
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: $10.73
Costs to cover: 0.120%
Break-even: 2.3 days

Slippage unknown: SoDEX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

SoDEX 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX XAG-USD	0.0000%	1h	66.087	+0.003%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.170	+0.129%	$149.5M	$165.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.160	+0.113%	$2K	$2.7M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.190	+0.159%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.170	+0.129%	$1.5M	$255K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.090	+0.008%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.131	+0.070%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.086	+0.002%	$5.2M	$12.0M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.477%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.100	+0.023%	$795K	$3.0M	40x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0042%	1h	66.020	−0.098%	$5.7M	$9.7M	25x	as long as short
Vest SI-PERP	+0.0046%	1h	66.580	+0.749%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.110	+0.038%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USDlong	+0.0050%	1h	66.085	long leg	$3K	$6K	20x
Hotstuff SILVER-PERP	+0.0056%	1h	66.100	+0.023%	$35K	$21K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.140	+0.083%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0066%	24h	66.101	+0.024%	$544K	$24.8M	8.1x	as long as short
Phoenix SILVER	+0.0084%	1h	66.097	+0.018%	$56K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0093%	1h	66.122	+0.056%	$165.4M	$73.8M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.074	−0.017%	$470K	$612K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.090	+0.008%	$24.4M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.120	+0.053%	$113K	$30K	50x	as long as short
Aster XAGUSDT	+0.0122%	4h	66.120	+0.053%	$2.7M	$878K	100x	as long as short
Paradex XAG-USD-PERPshort	+0.0127%	8h	66.129	+0.066%	$30K	$1K	5x
Bybit XAGUSDT	+0.0134%	4h	66.170	+0.129%	$26.9M	$36.0M	150x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.148	+0.095%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0178%	4h	66.142	+0.086%	$5.6M	$9.8M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.149	+0.097%	$1.3M	$4.4M	20x	as long as short
Lighter XAG	+0.0184%	1h	66.139	+0.081%	$5.2M	$10.6M	25x	as long as short
MEXC SILVER_USDT	+0.0188%	4h	66.160	+0.113%	$106.8M	$154.2M	1000x	as long as short
Binance XAGUSDT	+0.0190%	4h	66.160	+0.113%	$191.8M	$705.6M	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.180	+0.144%	$1.8M	$1.0M	20x	as long as short
edgeX XAGUSDC	+0.0198%	4h	66.162	+0.117%	$671K	$315K	30x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0204%	1h	66.130	+0.068%	$63K	$337K	20x	as long as short
BloFin XAG-USDT	+0.0207%	4h	66.160	+0.113%	$2.6M	$551K	100x	as long as short
OKX XAG-USDT-SWAP	+0.0216%	8h	66.150	+0.098%	$27.7M	$65.8M	50x	as long as short
Nado XAG-PERP	+0.0224%	1h	66.085	0.000%	$1.3M	$6.5M	10x	as long as short
Aftermath Perps XAGUSD	+0.0230%	1h	66.129	+0.066%	$80K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0238%	4h	66.150	+0.098%	$23.8M	$45.6M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0254%	4h	66.140	+0.083%	$396K	$1.5M	25x	as long as short
Bullet SILVER-USD	+0.0272%	1h	66.161	+0.115%	$45K	$76K	10x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.066	−0.028%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0361% / S −0.0389%	1h	66.165	+0.121%	$103K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0551%	1h	66.117	+0.049%	$912K	$674K	25x	as long as short