Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.022%
Price spread now: Kalshi against Paradex−0.051%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Kalshi is 0.051% cheaper against Paradex than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 8.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XAG-USD-PERP | 65.339 | 0.0057 | pay 0.0057% / 8h | 1h 38m | $29K | $1K | 5x |
| Short | Kalshi KXSILVERPERP | 65.306 | 0.0077 | get 0.0231% / 24h | 7h 38m | $487K | $30.6M | 8.1x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.23
- Price spread: −0.051% → 0.000%
- −$5.05
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$14.82
- Costs to cover
- 0.140%
- Break-even
- 31.5 days
Slippage unknown: Paradex: no order-book sample; Kalshi: live order book, 6 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 Kalshi live order book, 6 min ago | 0.46 bp | 5.9 bp −$6 | 6.4 bp −$64 | 10.8 bp −$1,078 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi XAG/USDT-P | −0.0128% | 1h | 65.358 | +0.030% | $20K | $20K | 10x | as long as short |
| Ondo Perps XAG-USD.P | −0.0075% | 1h | 65.240 | −0.152% | $5.6M | $9.7M | 25x | as long as short |
| Hotstuff SILVER-PERP | −0.0024% | 1h | 65.329 | −0.015% | $35K | $21K | 20x | as long as short |
| dYdX XAG-USD | 0.0000% | 1h | 65.295 | −0.067% | $12K | $5K | 5x | as long as short |
| SunX XAG-USDT | 0.0000% | 4h | 65.370 | +0.047% | $2K | $2.6M | 20x | as long as short |
| HTX XAG-USDT | 0.0000% | 4h | 65.400 | +0.093% | $1.1M | $1.1M | 75x | as long as short |
| Phemex XAGUSDT | 0.0000% | 4h | 65.370 | +0.047% | $1.5M | $280K | 100x | as long as short |
| gTrade (Gains Network) XAG/USD | L +0.0004% / S −0.0006% | 1h | 65.289 | −0.076% | $118K | — | 250x | as long as short |
| Bybit XAGUSDT | +0.0015% | 4h | 65.400 | +0.093% | $28.5M | $39.7M | 150x | as long as short |
| Gate XAG_USDT | +0.0028% | 4h | 65.370 | +0.047% | $141.2M | $181.3M | 100x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XAG | +0.0032% | 1h | 65.345 | +0.009% | $4.6M | $9.8M | 25x | as long as short |
| Extended XAG-USD | +0.0032% | 1h | 65.294 | −0.069% | $5.1M | $11.6M | 10x | as long as short |
| Injective XAG/USDC PERP | +0.0033% | 1h | 66.400 | +1.624% | $11K | $94K | 52x | as long as short |
| StandX XAG-USD | +0.0040% | 1h | 65.350 | +0.017% | $786K | $3.0M | 40x | as long as short |
| Aster XAGUSDT | +0.0045% | 4h | 65.360 | +0.032% | $2.7M | $973K | 100x | as long as short |
| Vest SI-PERP | +0.0046% | 1h | 65.770 | +0.660% | — | — | 25x | as long as short |
| QFEX SILVER-USD | +0.0050% | 1h | 65.360 | +0.032% | $152K | $2.8M | 20x | as long as short |
| tradeXYZ xyz:SILVER | +0.0050% | 1h | 65.327 | −0.018% | $170.2M | $83.1M | 25x | as long as short |
| Polymarket Perps SILVER-USD | +0.0050% | 1h | 65.326 | −0.020% | $3.8M | $718K | 20x | as long as short |
| SoDEX SILVER-USD | +0.0050% | 1h | 65.290 | −0.075% | $3K | $6K | 20x | as long as short |
| Paradex XAG-USD-PERPlong | +0.0057% | 8h | 65.339 | long leg | $29K | $1K | 5x | |
| Variational Omni XAG | +0.0060% | 4h | 65.414 | +0.114% | $5.5M | $9.4M | — | as long as short |
| RISEx XAG/USDC | +0.0061% | 1h | 65.360 | +0.032% | $1.3M | $4.9M | 20x | as long as short |
| Phoenix SILVER | +0.0061% | 1h | 65.377 | +0.058% | $56K | $31K | 25x | as long as short |
| MEXC SILVER_USDT | +0.0074% | 4h | 65.350 | +0.017% | $115.3M | $157.2M | 1000x | as long as short |
| Binance XAGUSDT | +0.0074% | 4h | 65.373 | +0.052% | $189.9M | $763.7M | 100x | as long as short |
| Kalshi KXSILVERPERPshort | +0.0077% | 24h | 65.306 | −0.051% | $487K | $30.6M | 8.1x | |
| Aevo XAG-PERP | +0.0080% | 1h | 65.344 | +0.007% | $47K | — | 10x | as long as short |
| edgeX XAGUSDC | +0.0095% | 4h | 65.402 | +0.096% | $666K | $312K | 30x | as long as short |
| Pacifica XAG | +0.0100% | 1h | 65.291 | −0.074% | $466K | $624K | 10x | as long as short |
| KuCoin XAGUSDTM | +0.0100% | 4h | 65.320 | −0.029% | $25.3M | $5.0M | 75x | as long as short |
| ApeX Omni XAGUSDT | +0.0100% | 1h | 65.370 | +0.047% | $112K | $19K | 50x | as long as short |
| Lighter XAG | +0.0112% | 1h | 65.346 | +0.011% | $5.4M | $11.4M | 25x | as long as short |
| GRVT XAG_USDT_Perp | +0.0116% | 4h | 65.409 | +0.107% | $397K | $1.6M | 25x | as long as short |
| Coinbase International SILVER-PERP-INTX | +0.0120% | 1h | 65.380 | +0.063% | $1.6M | $1.4M | 20x | as long as short |
| Nado XAG-PERP | +0.0120% | 1h | 65.321 | −0.028% | $1.2M | $5.5M | 10x | as long as short |
| Bullet SILVER-USD | +0.0163% | 1h | 65.361 | +0.033% | $43K | $76K | 10x | as long as short |
| Bitget XAGUSDT | +0.0186% | 4h | 65.360 | +0.032% | $23.8M | $46.6M | 100x | as long as short |
| OKX XAG-USDT-SWAP | +0.0189% | 8h | 65.390 | +0.078% | $27.9M | $71.3M | 50x | as long as short |
| Deribit SILVER_USDC-PERPETUAL | +0.0209% | 1h | 65.330 | −0.014% | $65K | $375K | 20x | as long as short |
| Aftermath Perps XAGUSD | +0.0215% | 1h | 65.355 | +0.024% | $79K | $37K | 10x | as long as short |
| BloFin XAG-USDT | +0.0299% | 4h | 65.410 | +0.109% | $2.6M | $610K | 100x | as long as short |
| GMX SILVER/USD [ETH-USDC] | L +0.0318% / S −0.0301% | 1h | 65.345 | +0.009% | $93K | — | 111x | as long as short |
| Kraken Futures PF_XAGUSD | +0.0493% | 1h | 65.317 | −0.034% | $915K | $746K | 25x | as long as short |
Paradex XAG-USD-PERP
Kalshi KXSILVERPERP
SunX XAG-USDT
HTX XAG-USDT
Phemex XAGUSDT
gTrade (Gains Network) XAG/USD
Bybit XAGUSDT
Gate XAG_USDT
Lighter RH XAG
Extended XAG-USD
Injective XAG/USDC PERP
StandX XAG-USD
Aster XAGUSDT
tradeXYZ xyz:SILVER
Polymarket Perps SILVER-USD
SoDEX SILVER-USD
Variational Omni XAG
RISEx XAG/USDC
Phoenix SILVER
MEXC SILVER_USDT
Binance XAGUSDT
edgeX XAGUSDC
Pacifica XAG
KuCoin XAGUSDTM
ApeX Omni XAGUSDT
Lighter XAG
GRVT XAG_USDT_Perp
Coinbase International SILVER-PERP-INTX
Bullet SILVER-USD
Bitget XAGUSDT
OKX XAG-USDT-SWAP
Deribit SILVER_USDC-PERPETUAL
Aftermath Perps XAGUSD
BloFin XAG-USDT
GMX SILVER/USD [ETH-USDC]
Kraken Futures PF_XAGUSD