Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.008%

Price spread now: Vest against Paradex+0.586%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 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 · Vest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Vest is 0.586% dearer against Paradex than usual: you sell high and buy low (spread +0.586% now, against zero (this spread has no 7-day history yet)): +$59 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 29 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XAG-USD-PERP	66.511	0.0112	pay 0.0112% / 8h	6h 59m	$30K	$1K	5x
Short	Vest SI-PERP	66.901	0.0046	get 0.0006% / 1h	59m 24s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.586%Rate

Funding earned: −$13.99
Price spread: +0.586% → 0.000%: $58.57
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Vest: 1 bp × 2 orders: −$2
Net: $38.58
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Vest: 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 Paradex no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Paradex and Vest: 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
dYdX XAG-USD	0.0000%	1h	66.475	−0.054%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.430	−0.122%	$25.5M	$35.8M	150x	as long as short
Gate XAG_USDT	0.0000%	4h	66.420	−0.138%	$154.8M	$159.2M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.410	−0.153%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.460	−0.077%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.430	−0.122%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.355	−0.236%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.477	−0.053%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.358	−0.231%	$5.4M	$12.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.168%	$11K	$94K	52x	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	66.530	+0.028%	$801K	$2.8M	40x	as long as short
Vest SI-PERPshort	+0.0046%	1h	66.901	+0.586%	—	—	25x
Hotstuff SILVER-PERP	+0.0048%	1h	66.518	+0.010%	$35K	$21K	20x	as long as short
Phoenix SILVER	+0.0048%	1h	66.507	−0.007%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.429	−0.124%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.339	−0.259%	$3K	$6K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.380	−0.198%	$5.7M	$9.5M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.470	−0.062%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.492	−0.029%	$558K	$22.0M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.496	−0.023%	$1.2M	$4.2M	20x	as long as short
Aster XAGUSDT	+0.0097%	4h	66.455	−0.085%	$2.8M	$1.0M	100x	as long as short
tradeXYZ xyz:SILVER	+0.0098%	1h	66.389	−0.184%	$165.6M	$85.0M	25x	as long as short
Pacifica XAG	+0.0100%	1h	66.484	−0.041%	$474K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.430	−0.122%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.530	+0.028%	$127K	$24K	50x	as long as short
Variational Omni XAG	+0.0108%	4h	66.543	+0.048%	$5.6M	$9.8M	—	as long as short
Paradex XAG-USD-PERPlong	+0.0112%	8h	66.511	long leg	$30K	$1K	5x
Bullet SILVER-USD	+0.0121%	1h	66.440	−0.107%	$45K	$76K	10x	as long as short
MEXC SILVER_USDT	+0.0122%	4h	66.440	−0.107%	$108.7M	$155.7M	1000x	as long as short
BloFin XAG-USDT	+0.0122%	4h	66.590	+0.118%	$2.6M	$683K	100x	as long as short
edgeX XAGUSDC	+0.0123%	4h	66.552	+0.061%	$675K	$315K	30x	as long as short
Binance XAGUSDT	+0.0124%	4h	66.410	−0.153%	$193.1M	$719.2M	100x	as long as short
Lighter XAG	+0.0128%	1h	66.483	−0.043%	$5.3M	$10.3M	25x	as long as short
Aevo XAG-PERP	+0.0128%	1h	66.395	−0.175%	$48K	—	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.410	−0.153%	$1.9M	$965K	20x	as long as short
Nado XAG-PERP	+0.0188%	1h	66.409	−0.154%	$1.3M	$6.5M	10x	as long as short
OKX XAG-USDT-SWAP	+0.0193%	8h	66.430	−0.122%	$27.9M	$66.6M	50x	as long as short
GRVT XAG_USDT_Perp	+0.0194%	4h	66.551	+0.059%	$402K	$1.5M	25x	as long as short
Bitget XAGUSDT	+0.0196%	4h	66.410	−0.153%	$24.6M	$46.5M	100x	as long as short
Aftermath Perps XAGUSD	+0.0208%	1h	66.478	−0.050%	$80K	$39K	10x	as long as short
Hibachi XAG/USDT-P	+0.0288%	1h	66.505	−0.010%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.415	−0.145%	$103K	—	111x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.380	−0.198%	$50K	$331K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.392	−0.179%	$766K	$562K	25x	as long as short