Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0134%/8h= +14.7% APRpaid last 24h +0.019%

Price spread now: Paradex against Gate−0.030%7-day average — · you buy dearer than you sell

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

Long on Gate 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

Funding pays, the price is against you. Paradex is 0.030% cheaper against Gate than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XAG_USDT	66.230	0	get 0.0000% / 4h	1h 47m	$151.1M	$161.8M	100x
Short	Paradex XAG-USD-PERP	66.210	0.0134	get 0.0134% / 8h	5h 47m	$30K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Gate. 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 GatebpFee ParadexbpOrdersPrice spread, now −0.030%Rate

Funding earned: $28.24
Price spread: −0.030% → 0.000%: −$3.03
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Paradex: 2 bp × 2 orders: −$4
Net: $6.21
Costs to cover: 0.190%
Break-even: 5.5 days

Slippage unknown: Gate: live order book, 1 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 Gate live order book, 1 min ago	0.75 bp	9.4 bp −$9	9.7 bp −$97	13.1 bp −$1,305	16.1 bp −$8,042
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 43 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	66.176	−0.082%	$35K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.178	−0.078%	$15K	—	5x	as long as short
Gate XAG_USDTlong	0.0000%	4h	66.230	long leg	$151.1M	$161.8M	100x
SunX XAG-USDT	0.0000%	4h	66.250	+0.030%	$2K	$2.8M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.270	+0.060%	$1.0M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.270	+0.060%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.184	−0.070%	$121K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.196	−0.051%	$4.8M	$9.4M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.154	−0.115%	$5.3M	$12.1M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.257%	$11K	$94K	52x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0036%	1h	66.110	−0.181%	$5.7M	$9.7M	25x	as long as short
StandX XAG-USD	+0.0040%	1h	66.250	+0.030%	$797K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.668	+0.661%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.200	−0.045%	$3.9M	$672K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.179	−0.077%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	66.220	−0.015%	$115K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0064%	24h	66.201	−0.044%	$546K	$24.5M	8.1x	as long as short
tradeXYZ xyz:SILVER	+0.0084%	1h	66.181	−0.074%	$165.7M	$74.7M	25x	as long as short
Phoenix SILVER	+0.0084%	1h	66.206	−0.036%	$56K	$26K	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.175	−0.083%	$471K	$607K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.180	−0.075%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.330	+0.151%	$113K	$30K	50x	as long as short
Paradex XAG-USD-PERPshort	+0.0134%	8h	66.210	−0.030%	$30K	$1K	5x
Aster XAGUSDT	+0.0137%	4h	66.233	+0.004%	$2.7M	$916K	100x	as long as short
Bybit XAGUSDT	+0.0142%	4h	66.240	+0.015%	$26.7M	$36.1M	150x	as long as short
Lighter XAG	+0.0168%	1h	66.211	−0.029%	$5.3M	$10.4M	25x	as long as short
Aevo XAG-PERP	+0.0176%	1h	66.240	+0.015%	$48K	—	10x	as long as short
Variational Omni XAG	+0.0176%	4h	66.242	+0.018%	$5.5M	$9.7M	—	as long as short
RISEx XAG/USDC	+0.0181%	1h	66.220	−0.015%	$1.2M	$4.4M	20x	as long as short
Binance XAGUSDT	+0.0190%	4h	66.220	−0.015%	$191.7M	$706.3M	100x	as long as short
MEXC SILVER_USDT	+0.0190%	4h	66.210	−0.030%	$110.5M	$151.9M	1000x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0192%	1h	66.350	+0.181%	$1.9M	$972K	20x	as long as short
edgeX XAGUSDC	+0.0201%	4h	66.366	+0.206%	$673K	$314K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0216%	8h	66.210	−0.030%	$27.8M	$65.5M	50x	as long as short
Aftermath Perps XAGUSD	+0.0234%	1h	66.229	−0.001%	$80K	$38K	10x	as long as short
Nado XAG-PERP	+0.0239%	1h	66.188	−0.064%	$1.3M	$6.6M	10x	as long as short
Bitget XAGUSDT	+0.0250%	4h	66.220	−0.015%	$23.9M	$46.1M	100x	as long as short
Hibachi XAG/USDT-P	+0.0264%	1h	66.160	−0.106%	$20K	$22K	10x	as long as short
Bullet SILVER-USD	+0.0264%	1h	66.246	+0.024%	$46K	$75K	10x	as long as short
GRVT XAG_USDT_Perp	+0.0278%	4h	66.277	+0.071%	$400K	$1.5M	25x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0332% / S −0.0343%	1h	66.245	+0.023%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0354%	1h	66.230	0.000%	$50K	$326K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0550%	1h	66.196	−0.051%	$763K	$475K	25x	as long as short