Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0087%/8h= +9.5% APRpaid last 24h +0.022%

Price spread now: Paradex against SunX−0.044%7-day average — · you buy dearer than you sell

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

Long on SunX 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 0.044% cheaper against SunX than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 41 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XAG-USDT	66.820	0	get 0.0000% / 4h	3h 45m	$2K	$3.0M	20x
Short	Paradex XAG-USD-PERP	66.790	0.0087	get 0.0087% / 8h	7h 45m	$30K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against SunX. 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 SunXbpFee ParadexbpOrdersPrice spread, now −0.044%Rate

Funding earned: $18.24
Price spread: −0.044% → 0.000%: −$4.44
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: $1.8
Costs to cover: 0.120%
Break-even: 6.3 days

Slippage unknown: SunX: live order book, 2 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 SunX live order book, 2 min ago	29.19 bp	33.2 bp −$33	62.7 bp −$627	doesn't fit	doesn't fit
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 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
Hotstuff SILVER-PERP	−0.0032%	1h	66.754	−0.099%	$36K	$21K	20x	as long as short
dYdX XAG-USD	0.0000%	1h	66.743	−0.115%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.790	−0.045%	$26.1M	$35.3M	150x	as long as short
SunX XAG-USDTlong	0.0000%	4h	66.820	long leg	$2K	$3.0M	20x
HTX XAG-USDT	0.0000%	4h	66.800	−0.030%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.790	−0.045%	$1.5M	$252K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.734	−0.129%	$121K	—	250x	as long as short
Gate XAG_USDT	+0.0004%	4h	66.780	−0.060%	$155.6M	$166.2M	100x	as long as short
Lighter RH XAG	+0.0032%	1h	66.767	−0.079%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	66.732	−0.131%	$5.4M	$13.2M	10x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.629%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.750	−0.105%	$803K	$2.7M	40x	as long as short
BloFin XAG-USDT	+0.0042%	4h	66.810	−0.015%	$2.6M	$692K	100x	as long as short
Vest SI-PERP	+0.0046%	1h	67.235	+0.621%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.733	−0.130%	$57K	$26K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	66.747	−0.109%	$166.1M	$86.2M	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.763	−0.085%	$3.9M	$700K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.728	−0.138%	$4K	$5K	20x	as long as short
Ondo Perps XAG-USD.P	+0.0050%	1h	66.700	−0.180%	$5.7M	$9.8M	25x	as long as short
QFEX SILVER-USD	+0.0051%	1h	66.780	−0.060%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.740	−0.120%	$573K	$21.9M	8.1x	as long as short
Lighter XAG	+0.0072%	1h	66.774	−0.069%	$5.4M	$10.4M	25x	as long as short
Paradex XAG-USD-PERPshort	+0.0087%	8h	66.790	−0.044%	$30K	$1K	5x
Variational Omni XAG	+0.0092%	4h	66.785	−0.053%	$5.6M	$9.9M	—	as long as short
Aster XAGUSDT	+0.0098%	4h	66.787	−0.050%	$2.8M	$1.1M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.744	−0.113%	$476K	$629K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.760	−0.090%	$24.7M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.780	−0.060%	$127K	$26K	50x	as long as short
Binance XAGUSDT	+0.0102%	4h	66.790	−0.045%	$191.9M	$725.0M	100x	as long as short
MEXC SILVER_USDT	+0.0102%	4h	66.780	−0.060%	$108.8M	$157.0M	1000x	as long as short
Aevo XAG-PERP	+0.0104%	1h	66.782	−0.057%	$48K	—	10x	as long as short
edgeX XAGUSDC	+0.0114%	4h	66.841	+0.032%	$678K	$315K	30x	as long as short
GRVT XAG_USDT_Perp	+0.0118%	4h	66.810	−0.015%	$397K	$1.5M	25x	as long as short
Nado XAG-PERP	+0.0136%	1h	66.757	−0.094%	$1.3M	$6.5M	10x	as long as short
RISEx XAG/USDC	+0.0148%	1h	66.803	−0.026%	$1.3M	$4.2M	20x	as long as short
Bitget XAGUSDT	+0.0164%	4h	66.790	−0.045%	$24.8M	$48.6M	100x	as long as short
Aftermath Perps XAGUSD	+0.0176%	1h	66.775	−0.068%	$80K	$40K	10x	as long as short
Bullet SILVER-USD	+0.0183%	1h	66.794	−0.038%	$45K	$75K	10x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.780	−0.060%	$1.9M	$967K	20x	as long as short
OKX XAG-USDT-SWAP	+0.0188%	8h	66.790	−0.045%	$28.2M	$67.4M	50x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0200%	1h	66.770	−0.075%	$51K	$344K	20x	as long as short
Hibachi XAG/USDT-P	+0.0224%	1h	66.746	−0.111%	$20K	$22K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.795	−0.037%	$104K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0487%	1h	66.755	−0.097%	$766K	$589K	25x	as long as short