Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h −0.004%

Price spread now: Paradex against Extended+0.097%7-day average — · you sell dearer than you buy

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

Long on Extended 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 airdropExtended: Active · Paradex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.097% dearer against Extended than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XAG-USD	66.350	0.0032	pay 0.0004% / 1h	57m 21s	$5.4M	$12.5M	10x
Short	Paradex XAG-USD-PERP	66.414	0.0112	get 0.0112% / 8h	6h 57m	$30K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Extended. 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 ExtendedbpFee ParadexbpOrdersPrice spread, now +0.097%Rate

Funding earned: $16.88
Price spread: +0.097% → 0.000%: $9.68
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: $17.56
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Extended: 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 Extended live order book, 2 min ago	0.60 bp	3.1 bp −$3	5.6 bp −$56	12.6 bp −$1,257	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
dYdX XAG-USD	0.0000%	1h	66.325	−0.037%	$15K	—	5x	as long as short
Bybit XAGUSDT	0.0000%	4h	66.440	+0.136%	$25.9M	$35.7M	150x	as long as short
Hotstuff SILVER-PERP	0.0000%	1h	66.369	+0.029%	$35K	$21K	20x	as long as short
Gate XAG_USDT	0.0000%	4h	66.410	+0.091%	$154.1M	$159.7M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	66.420	+0.106%	$2K	$2.9M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	66.430	+0.121%	$1.1M	$1.1M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	66.470	+0.181%	$1.5M	$251K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	66.348	−0.002%	$120K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	66.377	+0.042%	$4.8M	$9.3M	25x	as long as short
Extended XAG-USDlong	+0.0032%	1h	66.350	long leg	$5.4M	$12.5M	10x

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps XAG-USD.P	+0.0033%	1h	66.320	−0.045%	$5.7M	$9.5M	25x	as long as short
Injective XAG/USDC PERP	+0.0033%	1h	66.400	+0.076%	$11K	$94K	52x	as long as short
StandX XAG-USD	+0.0040%	1h	66.450	+0.151%	$799K	$2.9M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.852	+0.757%	—	—	25x	as long as short
Phoenix SILVER	+0.0048%	1h	66.369	+0.029%	$56K	$26K	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	66.390	+0.061%	$3.9M	$669K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	66.342	−0.011%	$3K	$6K	20x	as long as short
QFEX SILVER-USD	+0.0054%	1h	66.410	+0.091%	$115K	$2.8M	20x	as long as short
Kalshi KXSILVERPERP	+0.0059%	24h	66.411	+0.093%	$548K	$23.0M	8.1x	as long as short
RISEx XAG/USDC	+0.0079%	1h	66.424	+0.112%	$1.2M	$4.3M	20x	as long as short
tradeXYZ xyz:SILVER	+0.0092%	1h	66.384	+0.052%	$165.7M	$85.2M	25x	as long as short
Aster XAGUSDT	+0.0096%	4h	66.418	+0.103%	$2.8M	$1.0M	100x	as long as short
Pacifica XAG	+0.0100%	1h	66.371	+0.032%	$473K	$611K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	66.380	+0.046%	$24.5M	$4.5M	75x	as long as short
ApeX Omni XAGUSDT	+0.0100%	1h	66.390	+0.061%	$126K	$23K	50x	as long as short
Variational Omni XAG	+0.0108%	4h	66.543	+0.292%	$5.6M	$9.8M	—	as long as short
Paradex XAG-USD-PERPshort	+0.0112%	8h	66.414	+0.097%	$30K	$1K	5x
edgeX XAGUSDC	+0.0123%	4h	66.509	+0.240%	$675K	$316K	30x	as long as short
MEXC SILVER_USDT	+0.0124%	4h	66.410	+0.091%	$108.1M	$156.0M	1000x	as long as short
Binance XAGUSDT	+0.0126%	4h	66.415	+0.099%	$193.2M	$714.6M	100x	as long as short
Aevo XAG-PERP	+0.0128%	1h	66.406	+0.085%	$48K	—	10x	as long as short
Lighter XAG	+0.0160%	1h	66.386	+0.055%	$5.3M	$10.4M	25x	as long as short
BloFin XAG-USDT	+0.0169%	4h	66.450	+0.151%	$2.6M	$686K	100x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0184%	1h	66.380	+0.046%	$1.9M	$962K	20x	as long as short
GRVT XAG_USDT_Perp	+0.0190%	4h	66.454	+0.157%	$402K	$1.5M	25x	as long as short
OKX XAG-USDT-SWAP	+0.0194%	8h	66.410	+0.091%	$28.0M	$66.6M	50x	as long as short
Bitget XAGUSDT	+0.0198%	4h	66.420	+0.106%	$24.5M	$46.4M	100x	as long as short
Aftermath Perps XAGUSD	+0.0207%	1h	66.441	+0.137%	$80K	$39K	10x	as long as short
Nado XAG-PERP	+0.0247%	1h	66.373	+0.035%	$1.3M	$6.5M	10x	as long as short
Bullet SILVER-USD	+0.0255%	1h	66.431	+0.123%	$45K	$76K	10x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0291% / S −0.0281%	1h	66.425	+0.114%	$103K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0296%	1h	66.371	+0.032%	$20K	$22K	10x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0353%	1h	66.400	+0.076%	$50K	$331K	20x	as long as short
Kraken Futures PF_XAGUSD	+0.0462%	1h	66.377	+0.041%	$765K	$552K	25x	as long as short