Funding you earn now, next payment 06:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h +0.003%
Price spread now: Paradex against tradeXYZ+0.057%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdroptradeXYZ: Active · Paradex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Paradex is 0.057% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SILVER | 65.655 | 0.0081 | pay 0.0010% / 1h | 9m 43s | $171.1M | $82.1M | 25x |
| Short | Paradex XAG-USD-PERP | 65.692 | 0.0064 | get 0.0064% / 8h | 2h 09m | $29K | $1K | 5x |
tradeXYZ xyz:SILVER
Paradex XAG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.55
- Price spread: +0.057% → 0.000%
- $5.71
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$19.84
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago | 0.54 bp | 9.5 bp −$10 | 9.7 bp −$97 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XAG-USD | 0.0000% | 1h | 65.642 | −0.020% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.690 | +0.053% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.710 | +0.084% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.690 | +0.053% | $1.5M | $280K | 100x | as long as short |
| Ondo Perps XAG-USD.P | +0.0001% | 1h | 65.610 | −0.069% | $5.6M | $9.7M | 25x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.616 | −0.059% | $119K | — | 250x | as long as short |
| RISEx XAG/USDC | +0.0030% | 1h | 65.662 | +0.011% | $1.2M | $4.9M | 20x | as long as short |
| Lighter RH XAG | +0.0032% | 1h | 65.694 | +0.060% | $4.7M | $9.6M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.639 | −0.025% | $5.1M | $11.7M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.135% | $11K | $94K | 52x | as long as short |
dYdX XAG-USD
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
Ondo Perps XAG-USD.P
gTrade (Gains Network) XAG/USD
RISEx XAG/USDC
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SILVER | +0.0036% | 1h | 65.418 | −0.361% | $56K | $26K | 25x | as long as short |
| Gate XAG_USDT | +0.0040% | 4h | 65.710 | +0.084% | $145.2M | $179.9M | 100x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.570 | −0.129% | $789K | $3.0M | 40x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 66.068 | +0.629% | — | — | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.627 | −0.043% | $3.9M | $710K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.636 | −0.029% | $3K | $6K | 20x | as long as short |
| QFEX SILVER-USD | +0.0051% | 1h | 65.630 | −0.038% | $157K | $2.8M | 20x | as long as short |
| Hotstuff SILVER-PERP | +0.0056% | 1h | 65.607 | −0.073% | $35K | $21K | 20x | as long as short |
| Paradex XAG-USD-PERPshort | +0.0064% | 8h | 65.692 | +0.057% | $29K | $1K | 5x | |
| Kalshi KXSILVERPERP | +0.0076% | 24h | 65.640 | −0.023% | $450K | $28.9M | 8.1x | as long as short |
| tradeXYZ xyz:SILVERlong | +0.0081% | 1h | 65.655 | long leg | $171.1M | $82.1M | 25x | |
| Aster XAGUSDT | +0.0086% | 4h | 65.680 | +0.038% | $2.7M | $944K | 100x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.635 | −0.031% | $469K | $629K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.660 | +0.008% | $24.7M | $4.8M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.400 | −0.388% | $112K | $23K | 50x | as long as short |
| Bybit XAGUSDT | +0.0121% | 4h | 65.720 | +0.099% | $28.9M | $39.0M | 150x | as long as short |
| Variational Omni XAG | +0.0127% | 4h | 65.584 | −0.109% | $5.5M | $9.5M | — | as long as short |
| Lighter XAG | +0.0128% | 1h | 65.687 | +0.049% | $5.3M | $11.3M | 25x | as long as short |
| MEXC SILVER_USDT | +0.0136% | 4h | 65.690 | +0.053% | $123.8M | $161.7M | 1000x | as long as short |
| Hibachi XAG/USDT-P | +0.0136% | 1h | 65.476 | −0.273% | $20K | $19K | 10x | as long as short |
| Aevo XAG-PERP | +0.0136% | 1h | 65.678 | +0.035% | $47K | — | 10x | as long as short |
| Binance XAGUSDT | +0.0137% | 4h | 65.690 | +0.053% | $189.4M | $744.6M | 100x | as long as short |
| Nado XAG-PERP | +0.0155% | 1h | 65.582 | −0.111% | $1.3M | $5.5M | 10x | as long as short |
| edgeX XAGUSDC | +0.0158% | 4h | 65.443 | −0.323% | $666K | $311K | 30x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0176% | 1h | 65.530 | −0.190% | $1.6M | $1.3M | 20x | as long as short |
| GRVT XAG_USDT_Perp | +0.0204% | 4h | 65.430 | −0.343% | $397K | $1.5M | 25x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0207% | 1h | 65.680 | +0.038% | $66K | $368K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0208% | 1h | 65.471 | −0.281% | $79K | $37K | 10x | as long as short |
| OKX XAG-USDT-SWAP | +0.0216% | 8h | 65.700 | +0.069% | $28.0M | $70.2M | 50x | as long as short |
| Bitget XAGUSDT | +0.0216% | 4h | 65.700 | +0.069% | $23.9M | $46.3M | 100x | as long as short |
| Bullet SILVER-USD | +0.0245% | 1h | 65.681 | +0.039% | $43K | $76K | 10x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0366% / S −0.0361% | 1h | 65.675 | +0.030% | $93K | — | 111x | as long as short |
| BloFin XAG-USDT | +0.0379% | 4h | 65.610 | −0.069% | $2.6M | $622K | 100x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0469% | 1h | 65.657 | +0.003% | $916K | $735K | 25x | as long as short |
Phoenix SILVER
Gate XAG_USDT
StandX XAG-USD
Vest SI-PERP
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
QFEX SILVER-USD
Hotstuff SILVER-PERP
Kalshi KXSILVERPERP
Aster XAGUSDT
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Bybit XAGUSDT
Variational Omni XAG
Lighter XAG
MEXC SILVER_USDT
Hibachi XAG/USDT-P
Aevo XAG-PERP
Binance XAGUSDT
Nado XAG-PERP
edgeX XAGUSDC
Coinbase International SILVER-PERP-INTX
GRVT XAG_USDT_Perp
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
OKX XAG-USDT-SWAP
Bitget XAGUSDT
Bullet SILVER-USD
GMX SILVER/USD [ETH-USDC]
BloFin XAG-USDT
Kraken Futures PF_XAGUSD