Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0063%/8h= +6.9% APRpaid last 24h +0.022%

Price spread now: Paradex against dYdX+0.063%7-day average — · you sell dearer than you buy

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

Long on dYdX 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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.063% dearer against dYdX than usual: you sell high and buy low: +$6 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	dYdX XAG-USD	65.698	0	get 0.0000% / 1h	7m 41s	$12K	$5K	5x
Short	Paradex XAG-USD-PERP	65.739	0.0063	get 0.0063% / 8h	2h 07m	$29K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against dYdX. 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 dYdXbpFee ParadexbpOrdersPrice spread, now +0.063%Rate

Funding earned: $13.24
Price spread: +0.063% → 0.000%: $6.29
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $5.53
Costs to cover: 0.140%
Break-even: 4.1 days

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

dYdX 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
Ondo Perps XAG-USD.P	−0.0002%	1h	65.660	−0.057%	$5.6M	$9.7M	25x	as long as short
dYdX XAG-USDlong	0.0000%	1h	65.698	long leg	$12K	$5K	5x
SunX XAG-USDT	0.0000%	4h	65.700	+0.003%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.740	+0.064%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.690	−0.012%	$1.5M	$280K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.649	−0.074%	$119K	—	250x	as long as short
Hibachi XAG/USDT-P	+0.0016%	1h	65.584	−0.172%	$20K	$19K	10x	as long as short
RISEx XAG/USDC	+0.0030%	1h	65.751	+0.082%	$1.2M	$4.9M	20x	as long as short
Lighter RH XAG	+0.0032%	1h	65.743	+0.070%	$4.7M	$9.6M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.702	+0.006%	$5.2M	$11.7M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+1.069%	$11K	$94K	52x	as long as short
Gate XAG_USDT	+0.0036%	4h	65.770	+0.110%	$144.7M	$180.5M	100x	as long as short
Phoenix SILVER	+0.0036%	1h	65.648	−0.076%	$56K	$26K	25x	as long as short
StandX XAG-USD	+0.0040%	1h	65.620	−0.118%	$789K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.128	+0.655%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.670	−0.042%	$3.9M	$711K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.641	−0.086%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0051%	1h	65.730	+0.049%	$157K	$2.8M	20x	as long as short
Paradex XAG-USD-PERPshort	+0.0063%	8h	65.739	+0.063%	$29K	$1K	5x
Kalshi KXSILVERPERP	+0.0076%	24h	65.678	−0.030%	$448K	$28.9M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0078%	1h	65.724	+0.040%	$171.2M	$82.2M	25x	as long as short
Aster XAGUSDT	+0.0083%	4h	65.750	+0.080%	$2.7M	$944K	100x	as long as short
Pacifica XAG	+0.0100%	1h	65.702	+0.006%	$469K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.710	+0.019%	$24.7M	$4.8M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.580	−0.179%	$112K	$23K	50x	as long as short
Bybit XAGUSDT	+0.0113%	4h	65.780	+0.125%	$28.8M	$39.2M	150x	as long as short
Variational Omni XAG	+0.0127%	4h	65.584	−0.174%	$5.5M	$9.5M	—	as long as short
Lighter XAG	+0.0128%	1h	65.742	+0.067%	$5.4M	$11.4M	25x	as long as short
Binance XAGUSDT	+0.0133%	4h	65.750	+0.080%	$189.6M	$745.5M	100x	as long as short
MEXC SILVER_USDT	+0.0134%	4h	65.750	+0.080%	$113.1M	$161.9M	1000x	as long as short
Aevo XAG-PERP	+0.0136%	1h	65.698	0.000%	$47K	—	10x	as long as short
edgeX XAGUSDC	+0.0147%	4h	65.560	−0.209%	$667K	$312K	30x	as long as short
Nado XAG-PERP	+0.0152%	1h	65.691	−0.010%	$1.3M	$5.5M	10x	as long as short
Hotstuff SILVER-PERP	+0.0168%	1h	65.708	+0.016%	$35K	$21K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0176%	1h	65.660	−0.057%	$1.6M	$1.3M	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0207%	1h	65.690	−0.012%	$66K	$368K	20x	as long as short
Aftermath Perps XAGUSD	+0.0208%	1h	65.547	−0.230%	$79K	$37K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0208%	4h	65.644	−0.081%	$398K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0214%	8h	65.750	+0.080%	$28.0M	$70.3M	50x	as long as short
Bitget XAGUSDT	+0.0214%	4h	65.760	+0.095%	$24.0M	$46.3M	100x	as long as short
Bullet SILVER-USD	+0.0241%	1h	65.712	+0.022%	$44K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0366% / S −0.0361%	1h	65.705	+0.011%	$93K	—	111x	as long as short
BloFin XAG-USDT	+0.0377%	4h	65.680	−0.027%	$2.6M	$622K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0469%	1h	65.675	−0.034%	$916K	$735K	25x	as long as short