Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h −0.017%

Price spread now: Gate against Paradex−0.008%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Gate

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XAG-USD-PERP	65.385	0.0076	pay 0.0076% / 8h	6h 55m	$29K	$166	5x
Short	Gate XAG_USDT	65.380	0	get 0.0000% / 4h	2h 55m	$137.2M	$192.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Paradex. 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 ParadexbpFee GatebpOrdersPrice spread, now −0.008%Rate

Funding earned: −$15.92
Price spread: −0.008% → 0.000%: −$0.82
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$35.74
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Gate: live order book, 4 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell Gate live order book, 4 min ago	0.76 bp	8.3 bp −$8	9.5 bp −$95	11.2 bp −$1,122	13.9 bp −$6,960

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	−1.198%	$11K	$240	52x	as long as short
Ondo Perps XAG-USD.P	−0.0066%	1h	65.360	−0.039%	$5.7M	$10.2M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.422	+0.056%	$12K	$6K	5x	as long as short
Gate XAG_USDTshort	0.0000%	4h	65.380	−0.008%	$137.2M	$192.3M	100x
SunX XAG-USDT	0.0000%	4h	65.370	−0.023%	$2K	$2.5M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.510	+0.191%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.490	+0.160%	$1.5M	$253K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.591	+0.315%	$119K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.394	+0.014%	$4.5M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.312	−0.112%	$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	+0.191%	$788K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	65.838	+0.692%	—	—	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.347	−0.059%	$173.7M	$92.5M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.355	−0.046%	$3.8M	$890K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.293	−0.141%	$3K	$6K	20x	as long as short
Hotstuff SILVER-PERP	+0.0056%	1h	65.413	+0.042%	$36K	$22K	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0056%	1h	65.330	−0.085%	$77K	$436K	20x	as long as short
QFEX SILVER-USD	+0.0062%	1h	65.400	+0.022%	$434K	$1.5M	20x	as long as short
Variational Omni XAG	+0.0075%	4h	65.472	+0.133%	$5.5M	$9.2M	—	as long as short
Paradex XAG-USD-PERPlong	+0.0076%	8h	65.385	long leg	$29K	$166	5x
Coinbase International SILVER-PERP-INTX	+0.0088%	1h	65.440	+0.084%	$1.6M	$1.6M	20x	as long as short
Kalshi KXSILVERPERP	+0.0090%	24h	65.598	+0.325%	$659K	$36.2M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.384	−0.002%	$465K	$588K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.360	−0.039%	$25.3M	$4.6M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.520	+0.206%	$112K	$19K	50x	as long as short
Phoenix SILVER	+0.0111%	1h	65.478	+0.142%	$56K	$13K	25x	as long as short
Aevo XAG-PERP	+0.0112%	1h	65.393	+0.011%	$47K	—	10x	as long as short
Nado XAG-PERP	+0.0112%	1h	65.374	−0.017%	$1.2M	$4.2M	10x	as long as short
Binance XAGUSDT	+0.0117%	4h	65.373	−0.019%	$193.0M	$826.3M	100x	as long as short
MEXC SILVER_USDT	+0.0118%	4h	65.370	−0.023%	$117.0M	$161.0M	1000x	as long as short
edgeX XAGUSDC	+0.0129%	4h	65.542	+0.239%	$668K	$313K	30x	as long as short
Aster XAGUSDT	+0.0131%	4h	65.391	+0.008%	$2.7M	$1.1M	100x	as long as short
Bullet SILVER-USD	+0.0168%	1h	65.386	+0.002%	$45K	$75K	10x	as long as short
Lighter XAG	+0.0176%	1h	65.442	+0.086%	$5.1M	$11.3M	25x	as long as short
Aftermath Perps XAGUSD	+0.0201%	1h	65.484	+0.152%	$79K	$37K	10x	as long as short
RISEx XAG/USDC	+0.0206%	1h	65.391	+0.008%	$1.2M	$4.9M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0208%	8h	65.370	−0.023%	$28.2M	$81.1M	50x	as long as short
Bybit XAGUSDT	+0.0222%	4h	65.380	−0.008%	$30.6M	$45.2M	150x	as long as short
Bitget XAGUSDT	+0.0228%	4h	65.370	−0.023%	$23.0M	$49.6M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0238% / S −0.0196%	1h	65.385	−0.001%	$93K	—	111x	as long as short
GRVT XAG_USDT_Perp	+0.0264%	4h	65.550	+0.252%	$396K	$1.6M	25x	as long as short
Hibachi XAG/USDT-P	+0.0352%	1h	65.435	+0.076%	$21K	$12K	10x	as long as short
BloFin XAG-USDT	+0.0359%	4h	65.560	+0.267%	$2.7M	$710K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0775%	1h	65.340	−0.069%	$1.0M	$893K	25x	as long as short