Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.4% APRpaid last 24h +0.008%

Price spread now: Paradex against Vest−0.672%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Paradex

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 airdropVest: Active · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.672% cheaper against Vest than usual: you would sell low and buy high (spread −0.672% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$67 on $10k: about 33 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SI-PERP	66.433	0.0046	pay 0.0006% / 1h	37m 05s	—	—	25x
Short	Paradex XAG-USD-PERP	65.986	0.0113	get 0.0113% / 8h	3h 37m	$30K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Vest. 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 VestbpFee ParadexbpOrdersPrice spread, now −0.672%Rate

Funding earned: $14.1
Price spread: −0.672% → 0.000%: −$67.23
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$59.13
Costs to cover: 0.060%
Break-even: 36.4 days

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

Vest and 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
Ondo Perps XAG-USD.P	−0.0046%	1h	65.880	−0.832%	$5.7M	$9.3M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.934	−0.752%	$14K	—	5x	as long as short
Gate XAG_USDT	0.0000%	4h	66.050	−0.577%	$149.7M	$163.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.020	−0.622%	$2K	$2.6M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.050	−0.577%	$1.0M	$966K	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.030	−0.607%	$1.5M	$320K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.974	−0.691%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.017	−0.627%	$4.8M	$9.5M	25x	as long as short
Extended XAG-USD	+0.0032%	1h	65.976	−0.688%	$5.1M	$11.5M	10x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	−0.050%	$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	65.980	−0.682%	$794K	$3.1M	40x	as long as short
Vest SI-PERPlong	+0.0046%	1h	66.433	long leg	—	—	25x
Hotstuff SILVER-PERP	+0.0048%	1h	65.963	−0.707%	$35K	$21K	20x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.974	−0.691%	$3.9M	$674K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.965	−0.704%	$3K	$6K	20x	as long as short
tradeXYZ xyz:SILVER	+0.0050%	1h	65.996	−0.658%	$166.1M	$73.5M	25x	as long as short
QFEX SILVER-USD	+0.0060%	1h	66.000	−0.652%	$114K	$2.7M	20x	as long as short
Kalshi KXSILVERPERP	+0.0073%	24h	65.988	−0.670%	$540K	$25.9M	8.1x	as long as short
Phoenix SILVER	+0.0073%	1h	65.926	−0.763%	$56K	$26K	25x	as long as short
RISEx XAG/USDC	+0.0080%	1h	65.995	−0.660%	$1.3M	$4.9M	20x	as long as short
Pacifica XAG	+0.0100%	1h	65.940	−0.743%	$469K	$612K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.000	−0.652%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	65.930	−0.757%	$113K	$30K	50x	as long as short
Bybit XAGUSDT	+0.0107%	4h	66.050	−0.577%	$27.4M	$36.4M	150x	as long as short
Lighter XAG	+0.0112%	1h	66.024	−0.616%	$5.2M	$10.6M	25x	as long as short
Paradex XAG-USD-PERPshort	+0.0113%	8h	65.986	−0.672%	$30K	$1K	5x
Aster XAGUSDT	+0.0137%	4h	66.030	−0.607%	$2.7M	$871K	100x	as long as short
BloFin XAG-USDT	+0.0171%	4h	66.020	−0.622%	$2.6M	$562K	100x	as long as short
Nado XAG-PERP	+0.0181%	1h	65.957	−0.717%	$1.4M	$5.8M	10x	as long as short
Aevo XAG-PERP	+0.0184%	1h	66.010	−0.636%	$47K	—	10x	as long as short
Variational Omni XAG	+0.0188%	4h	65.963	−0.707%	$5.6M	$9.4M	—	as long as short
MEXC SILVER_USDT	+0.0200%	4h	66.030	−0.607%	$112.8M	$152.2M	1000x	as long as short
GRVT XAG_USDT_Perp	+0.0200%	4h	65.987	−0.671%	$394K	$1.5M	25x	as long as short
Binance XAGUSDT	+0.0200%	4h	66.040	−0.592%	$191.2M	$702.4M	100x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0205%	1h	66.010	−0.637%	$75K	$363K	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0208%	1h	65.950	−0.727%	$1.8M	$1.0M	20x	as long as short
Aftermath Perps XAGUSD	+0.0213%	1h	65.952	−0.724%	$79K	$36K	10x	as long as short
edgeX XAGUSDC	+0.0213%	4h	65.976	−0.687%	$669K	$311K	30x	as long as short
OKX XAG-USDT-SWAP	+0.0232%	8h	66.030	−0.607%	$27.7M	$64.8M	50x	as long as short
Bullet SILVER-USD	+0.0234%	1h	66.030	−0.607%	$44K	$76K	10x	as long as short
Bitget XAGUSDT	+0.0240%	4h	66.040	−0.592%	$23.9M	$45.3M	100x	as long as short
Hibachi XAG/USDT-P	+0.0320%	1h	65.922	−0.769%	$20K	$19K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0387% / S −0.0440%	1h	66.035	−0.599%	$105K	—	111x	as long as short
Kraken Futures PF_XAGUSD	+0.0624%	1h	65.989	−0.669%	$911K	$683K	25x	as long as short