Funding arb · Price arb /

XAG

RWAall XAG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h +0.009%

Price spread now: ApeX Omni against Paradex+0.025%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 ApeX Omni

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.025% dearer against Paradex than usual: you sell high and buy low: +$3 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	Paradex XAG-USD-PERP	65.603	0.0058	pay 0.0058% / 8h	6h 01m	$29K	$166	5x
Short	ApeX Omni XAGUSDT	65.620	0.0100	get 0.0013% / 1h	1m 25s	$112K	$19K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now +0.025%Rate

Funding earned: $8.87
Price spread: +0.025% → 0.000%: $2.53
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$2.59
Costs to cover: 0.140%
Break-even: 9.0 days

Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 47 min ago. 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 ApeX Omni live order book, 47 min ago	7.66 bp	23.9 bp −$24	55.1 bp −$551	doesn't fit	doesn'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 exchanges

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	−0.7240%	1h	65.679	+0.115%	$36K	$23K	20x	as long as short
Injective XAG/USDC PERP	−0.0220%	1h	64.602	−1.526%	$11K	$240	52x	as long as short
Ondo Perps XAG-USD.P	−0.0006%	1h	65.500	−0.158%	$5.7M	$10.8M	25x	as long as short
dYdX XAG-USD	0.0000%	1h	65.517	−0.132%	$13K	$8K	5x	as long as short
Gate XAG_USDT	0.0000%	4h	65.650	+0.071%	$138.9M	$204.5M	100x	as long as short
SunX XAG-USDT	0.0000%	4h	65.590	−0.020%	$2K	$2.4M	20x	as long as short
HTX XAG-USDT	0.0000%	4h	65.680	+0.117%	$1.1M	$1.3M	75x	as long as short
Phemex XAGUSDT	0.0000%	4h	65.580	−0.036%	$1.5M	$253K	100x	as long as short
gTrade (Gains Network) XAG/USD	L +0.0004% / S −0.0006%	1h	65.512	−0.139%	$118K	—	250x	as long as short
Lighter RH XAG	+0.0032%	1h	65.624	+0.031%	$4.5M	$9.8M	25x	as long as short

Show all 44 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XAG-USD	+0.0032%	1h	65.562	−0.063%	$5.1M	$11.8M	10x	as long as short
StandX XAG-USD	+0.0040%	1h	65.580	−0.036%	$789K	$3.0M	40x	as long as short
Vest SI-PERP	+0.0046%	1h	66.076	+0.720%	—	—	25x	as long as short
Polymarket Perps SILVER-USD	+0.0050%	1h	65.630	+0.041%	$3.8M	$894K	20x	as long as short
SoDEX SILVER-USD	+0.0050%	1h	65.512	−0.139%	$3K	$6K	20x	as long as short
Deribit SILVER_USDC-PERPETUAL	+0.0055%	1h	65.540	−0.097%	$77K	$411K	20x	as long as short
Paradex XAG-USD-PERPlong	+0.0058%	8h	65.603	long leg	$29K	$166	5x
QFEX SILVER-USD	+0.0062%	1h	65.650	+0.071%	$447K	$1.4M	20x	as long as short
Coinbase International SILVER-PERP-INTX	+0.0088%	1h	65.690	+0.132%	$1.6M	$1.9M	20x	as long as short
Kalshi KXSILVERPERP	+0.0098%	24h	65.648	+0.068%	$708K	$38.6M	8.1x	as long as short
Pacifica XAG	+0.0100%	1h	65.563	−0.061%	$467K	$572K	10x	as long as short
KuCoin XAGUSDTM	+0.0100%	4h	65.600	−0.005%	$25.4M	$4.6M	75x	as long as short
ApeX Omni XAGUSDTshort	+0.0100%	1h	65.620	+0.025%	$112K	$19K	50x
Variational Omni XAG	+0.0104%	4h	65.650	+0.070%	$5.7M	$9.2M	—	as long as short
Phoenix SILVER	+0.0110%	1h	65.567	−0.055%	$55K	$13K	25x	as long as short
tradeXYZ xyz:SILVER	+0.0118%	1h	65.630	+0.041%	$174.6M	$93.9M	25x	as long as short
Binance XAGUSDT	+0.0125%	4h	65.640	+0.055%	$193.4M	$859.7M	100x	as long as short
MEXC SILVER_USDT	+0.0126%	4h	65.620	+0.025%	$120.6M	$169.4M	1000x	as long as short
Aevo XAG-PERP	+0.0128%	1h	65.570	−0.051%	$47K	—	10x	as long as short
Aster XAGUSDT	+0.0130%	4h	65.627	+0.036%	$2.7M	$1.1M	100x	as long as short
edgeX XAGUSDC	+0.0138%	4h	65.677	+0.112%	$669K	$314K	30x	as long as short
Nado XAG-PERP	+0.0171%	1h	65.598	−0.008%	$1.2M	$3.7M	10x	as long as short
GRVT XAG_USDT_Perp	+0.0172%	4h	65.737	+0.204%	$397K	$1.5M	25x	as long as short
Bybit XAGUSDT	+0.0177%	4h	65.670	+0.102%	$30.4M	$47.9M	150x	as long as short
Lighter XAG	+0.0192%	1h	65.626	+0.034%	$5.1M	$12.0M	25x	as long as short
RISEx XAG/USDC	+0.0206%	1h	65.673	+0.106%	$1.2M	$4.9M	20x	as long as short
OKX XAG-USDT-SWAP	+0.0215%	8h	65.670	+0.102%	$28.0M	$85.5M	50x	as long as short
Aftermath Perps XAGUSD	+0.0225%	1h	65.567	−0.055%	$79K	$37K	10x	as long as short
Bitget XAGUSDT	+0.0250%	4h	65.670	+0.102%	$23.2M	$52.5M	100x	as long as short
GMX SILVER/USD [ETH-USDC]	L +0.0266% / S −0.0233%	1h	65.575	−0.043%	$93K	—	111x	as long as short
Hibachi XAG/USDT-P	+0.0272%	1h	65.540	−0.096%	$21K	$12K	10x	as long as short
Bullet SILVER-USD	+0.0273%	1h	65.665	+0.093%	$44K	$74K	10x	as long as short
BloFin XAG-USDT	+0.0372%	4h	65.730	+0.193%	$2.7M	$762K	100x	as long as short
Kraken Futures PF_XAGUSD	+0.0773%	1h	65.564	−0.060%	$1.0M	$943K	25x	as long as short