Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XAG-USD-PERP65.3390.0057pay 0.0057% / 8h1h 38m$29K$1K5x
ShortKalshi KXSILVERPERP65.3060.0077get 0.0231% / 24h7h 38m$487K$30.6M8.1x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Kalshi live order book, 6 min ago0.46 bp5.9 bp −$66.4 bp −$6410.8 bp −$1,078doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi XAG/USDT-P−0.0128%1h65.358+0.030%$20K$20K10xas long as short
Ondo Perps XAG-USD.P−0.0075%1h65.240−0.152%$5.6M$9.7M25xas long as short
Hotstuff SILVER-PERP−0.0024%1h65.329−0.015%$35K$21K20xas long as short
dYdX XAG-USD0.0000%1h65.295−0.067%$12K$5K5xas long as short
SunX XAG-USDT0.0000%4h65.370+0.047%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h65.400+0.093%$1.1M$1.1M75xas long as short
Phemex XAGUSDT0.0000%4h65.370+0.047%$1.5M$280K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.289−0.076%$118K250xas long as short
Bybit XAGUSDT+0.0015%4h65.400+0.093%$28.5M$39.7M150xas long as short
Gate XAG_USDT+0.0028%4h65.370+0.047%$141.2M$181.3M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.345+0.009%$4.6M$9.8M25xas long as short
Extended XAG-USD+0.0032%1h65.294−0.069%$5.1M$11.6M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.624%$11K$94K52xas long as short
StandX XAG-USD+0.0040%1h65.350+0.017%$786K$3.0M40xas long as short
Aster XAGUSDT+0.0045%4h65.360+0.032%$2.7M$973K100xas long as short
Vest SI-PERP+0.0046%1h65.770+0.660%25xas long as short
QFEX SILVER-USD+0.0050%1h65.360+0.032%$152K$2.8M20xas long as short
tradeXYZ xyz:SILVER+0.0050%1h65.327−0.018%$170.2M$83.1M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.326−0.020%$3.8M$718K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.290−0.075%$3K$6K20xas long as short
Paradex XAG-USD-PERPlong+0.0057%8h65.339long leg$29K$1K5x
Variational Omni XAG+0.0060%4h65.414+0.114%$5.5M$9.4Mas long as short
RISEx XAG/USDC+0.0061%1h65.360+0.032%$1.3M$4.9M20xas long as short
Phoenix SILVER+0.0061%1h65.377+0.058%$56K$31K25xas long as short
MEXC SILVER_USDT+0.0074%4h65.350+0.017%$115.3M$157.2M1000xas long as short
Binance XAGUSDT+0.0074%4h65.373+0.052%$189.9M$763.7M100xas long as short
Kalshi KXSILVERPERPshort+0.0077%24h65.306−0.051%$487K$30.6M8.1x
Aevo XAG-PERP+0.0080%1h65.344+0.007%$47K10xas long as short
edgeX XAGUSDC+0.0095%4h65.402+0.096%$666K$312K30xas long as short
Pacifica XAG+0.0100%1h65.291−0.074%$466K$624K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.320−0.029%$25.3M$5.0M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.370+0.047%$112K$19K50xas long as short
Lighter XAG+0.0112%1h65.346+0.011%$5.4M$11.4M25xas long as short
GRVT XAG_USDT_Perp+0.0116%4h65.409+0.107%$397K$1.6M25xas long as short
Coinbase International SILVER-PERP-INTX+0.0120%1h65.380+0.063%$1.6M$1.4M20xas long as short
Nado XAG-PERP+0.0120%1h65.321−0.028%$1.2M$5.5M10xas long as short
Bullet SILVER-USD+0.0163%1h65.361+0.033%$43K$76K10xas long as short
Bitget XAGUSDT+0.0186%4h65.360+0.032%$23.8M$46.6M100xas long as short
OKX XAG-USDT-SWAP+0.0189%8h65.390+0.078%$27.9M$71.3M50xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0209%1h65.330−0.014%$65K$375K20xas long as short
Aftermath Perps XAGUSD+0.0215%1h65.355+0.024%$79K$37K10xas long as short
BloFin XAG-USDT+0.0299%4h65.410+0.109%$2.6M$610K100xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0318% / S −0.0301%1h65.345+0.009%$93K111xas long as short
Kraken Futures PF_XAGUSD+0.0493%1h65.317−0.034%$915K$746K25xas long as short