Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h +0.008%

Price spread now: Paradex against Vest−0.688%7-day average — · you buy dearer than you sell

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

Long on Vest 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 airdropVest: Active · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.688% cheaper against Vest than usual: you would sell low and buy high (spread −0.688% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$69 on $10k: about 30 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SI-PERP	66.961	0.0046	pay 0.0006% / 1h	38m 54s	—	—	25x
Short	Paradex XAG-USD-PERP	66.500	0.0122	get 0.0122% / 8h	6h 38m	$30K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Vest. 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 VestbpFee ParadexbpOrdersPrice spread, now −0.688%Rate

Funding earned: $16.12
Price spread: −0.688% → 0.000%: −$68.81
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$58.69
Costs to cover: 0.060%
Break-even: 32.5 days

Slippage unknown: Vest: 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 Vest no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Vest 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
Hotstuff SILVER-PERP	−0.0008%	1h	66.483	−0.714%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.423	−0.804%	$15K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.520	−0.659%	$154.5M	$162.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.540	−0.629%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.580	−0.569%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.530	−0.644%	$1.5M	$250K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.471	−0.733%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.516	−0.664%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.457	−0.753%	$5.4M	$12.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.838%	$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	66.530	−0.644%	$800K	$2.9M	40x	as long as short
Vest SI-PERPlong	+0.0046%	1h	66.961	long leg	—	—	25x
Phoenix SILVER	+0.0048%	1h	66.413	−0.818%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.490	−0.703%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.463	−0.744%	$3K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.410	−0.823%	$5.7M	$9.6M	25x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.510	−0.674%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0061%	24h	66.474	−0.727%	$574K	$23.1M	8.1x	as long as short
Bybit XAGUSDT	+0.0072%	4h	66.540	−0.629%	$26.4M	$35.9M	150x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.524	−0.653%	$1.2M	$4.3M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0095%	1h	66.483	−0.714%	$166.0M	$76.0M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.456	−0.754%	$473K	$605K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.490	−0.703%	$24.6M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.490	−0.703%	$126K	$23K	50x	as long as short
BloFin XAG-USDT	+0.0103%	4h	66.570	−0.584%	$2.6M	$624K	100x	as long as short
Aster XAGUSDT	+0.0116%	4h	66.520	−0.659%	$2.8M	$971K	100x	as long as short
Paradex XAG-USD-PERPshort	+0.0122%	8h	66.500	−0.688%	$30K	$1K	5x
Variational Omni XAG	+0.0129%	4h	66.505	−0.681%	$5.5M	$9.8M	—	as long as short
Aevo XAG-PERP	+0.0136%	1h	66.528	−0.646%	$48K	—	10x	as long as short
MEXC SILVER_USDT	+0.0148%	4h	66.510	−0.674%	$102.6M	$157.4M	1000x	as long as short
Binance XAGUSDT	+0.0151%	4h	66.524	−0.653%	$193.0M	$707.0M	100x	as long as short
edgeX XAGUSDC	+0.0153%	4h	66.569	−0.586%	$676K	$313K	30x	as long as short
Lighter XAG	+0.0160%	1h	66.511	−0.672%	$5.4M	$10.5M	25x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.520	−0.659%	$1.9M	$967K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0197%	8h	66.530	−0.644%	$28.1M	$65.9M	50x	as long as short
Aftermath Perps XAGUSD	+0.0221%	1h	66.494	−0.698%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0224%	1h	66.474	−0.727%	$1.3M	$6.5M	10x	as long as short
Bitget XAGUSDT	+0.0224%	4h	66.530	−0.644%	$24.5M	$45.8M	100x	as long as short
GRVT XAG_USDT_Perp	+0.0238%	4h	66.520	−0.659%	$400K	$1.5M	25x	as long as short
Hibachi XAG/USDT-P	+0.0272%	1h	66.466	−0.739%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0282%	1h	66.544	−0.622%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0292% / S −0.0281%	1h	66.545	−0.621%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0352%	1h	66.520	−0.659%	$50K	$325K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0461%	1h	66.497	−0.693%	$767K	$474K	25x	as long as short