Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0054%/8h= −6.0% APRpaid last 24h −0.005%

Price spread now: Paradex against Aster−0.038%49s7-day average — · you buy dearer than you sell

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

Long on Aster 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 airdropAster: Stage 5 · Paradex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paradex is 0.038% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XAGUSDT	65.299	0.0130	pay 0.0065% / 4h	2h 53m	$2.7M	$1.1M	100x
Short	Paradex XAG-USD-PERP	65.275	0.0075	get 0.0075% / 8h	6h 53m	$29K	$166	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Aster. 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 AsterbpFee ParadexbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$11.42
Price spread: −0.038% → 0.000%: −$3.79
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$27.2
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 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 Aster live order book, 5 min ago	0.76 bp	4.8 bp −$5	6.5 bp −$65	16.1 bp −$1,610	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
Injective XAG/USDC PERP	−0.0220%	1h	64.602	−1.068%	$11K	$240	52x	as long as short
Ondo Perps XAG-USD.P	−0.0064%	1h	65.220	−0.121%	$5.7M	$10.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.293	−0.010%	$12K	$6K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.320	+0.032%	$137.3M	$193.0M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.310	+0.016%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.360	+0.093%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.340	+0.062%	$1.5M	$253K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.591	+0.447%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.299	−0.001%	$4.5M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.233	−0.101%	$5.0M	$11.9M	10x	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	65.510	+0.323%	$788K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.754	+0.696%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.277	−0.034%	$3.8M	$891K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.240	−0.091%	$3K	$6K	20x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	65.296	−0.005%	$35K	$23K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	65.290	−0.014%	$433K	$1.5M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0065%	1h	65.271	−0.043%	$173.6M	$92.4M	25x	as long as short
Paradex XAG-USD-PERPshort	+0.0075%	8h	65.275	−0.038%	$29K	$166	5x
Variational Omni XAG	+0.0075%	4h	65.472	+0.265%	$5.5M	$9.2M	—	as long as short
Coinbase International SILVER-PERP-INTX	+0.0088%	1h	65.440	+0.215%	$1.6M	$1.6M	20x	as long as short
Kalshi KXSILVERPERP	+0.0091%	24h	65.287	−0.019%	$638K	$36.3M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.251	−0.074%	$464K	$588K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.260	−0.060%	$25.2M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.520	+0.338%	$112K	$19K	50x	as long as short
Phoenix SILVER	+0.0111%	1h	65.478	+0.274%	$56K	$13K	25x	as long as short
Aevo XAG-PERP	+0.0112%	1h	65.344	+0.069%	$47K	—	10x	as long as short
Binance XAGUSDT	+0.0115%	4h	65.300	0.000%	$192.8M	$827.0M	100x	as long as short
MEXC SILVER_USDT	+0.0116%	4h	65.310	+0.016%	$117.3M	$161.2M	1000x	as long as short
edgeX XAGUSDC	+0.0129%	4h	65.542	+0.371%	$668K	$313K	30x	as long as short
Aster XAGUSDTlong	+0.0130%	4h	65.299	long leg	$2.7M	$1.1M	100x
Nado XAG-PERP	+0.0135%	1h	65.257	−0.066%	$1.2M	$4.2M	10x	as long as short
Bullet SILVER-USD	+0.0182%	1h	65.317	+0.028%	$44K	$75K	10x	as long as short
Lighter XAG	+0.0192%	1h	65.306	+0.010%	$5.1M	$11.3M	25x	as long as short
Aftermath Perps XAGUSD	+0.0201%	1h	65.443	+0.221%	$79K	$37K	10x	as long as short
RISEx XAG/USDC	+0.0206%	1h	65.304	+0.008%	$1.2M	$4.9M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0208%	8h	65.300	+0.001%	$28.1M	$81.2M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0210%	1h	65.280	−0.030%	$77K	$437K	20x	as long as short
Bybit XAGUSDT	+0.0217%	4h	65.310	+0.016%	$30.6M	$45.3M	150x	as long as short
Bitget XAGUSDT	+0.0226%	4h	65.300	+0.001%	$22.9M	$49.6M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.385	+0.131%	$93K	—	111x	as long as short
GRVT XAG_USDT_Perp	+0.0264%	4h	65.550	+0.384%	$396K	$1.6M	25x	as long as short
Hibachi XAG/USDT-P	+0.0352%	1h	65.331	+0.048%	$21K	$12K	10x	as long as short
BloFin XAG-USDT	+0.0357%	4h	65.400	+0.154%	$2.7M	$709K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0776%	1h	65.274	−0.039%	$1.0M	$893K	25x	as long as short