Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0158%/8h= +17.3% APRpaid last 24h +0.059%
Price spread now: Deribit against Paradex−0.050%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding pays, the price is against you. Deribit is 0.050% cheaper against Paradex than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 25 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XAG-USD-PERP65.0920.0053pay 0.0053% / 8h7m 53s$29K$1K5x
ShortDeribit SILVER_USDC-PERPETUAL65.0600.0211get 0.0026% / 1h7m 53s$65K$397K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
$33.15
Price spread: −0.050% → 0.000%
−$4.98
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$17.17
Costs to cover
0.110%
Break-even
3.4 days
Slippage unknown: Paradex: no order-book sample; Deribit: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Deribit live order book, 31 min ago0.76 bp4.3 bp −$44.6 bp −$46doesn't fitdoesn'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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0028%1h65.000−0.142%$5.7M$9.9M25xas long as short
dYdX XAG-USD0.0000%1h65.061−0.049%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.070−0.034%$27.7M$39.1M150xas long as short
Variational Omni XAG0.0000%4h65.227+0.207%$5.5M$9.1Mas long as short
SunX XAG-USDT0.0000%4h65.110+0.027%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.160+0.104%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.110+0.027%$1.5M$278K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.035−0.088%$118K250xas long as short
Hotstuff SILVER-PERP+0.0016%1h65.121+0.044%$35K$21K20xas long as short
Gate XAG_USDT+0.0028%4h65.080−0.019%$140.3M$181.7M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.099+0.010%$4.6M$10.0M25xas long as short
Extended XAG-USD+0.0032%1h65.024−0.105%$5.0M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+2.009%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0034%4h65.070−0.034%$124.3M$162.6M1000xas long as short
Binance XAGUSDT+0.0034%4h65.060−0.050%$191.1M$756.2M100xas long as short
StandX XAG-USD+0.0040%1h65.240+0.227%$785K$3.0M40xas long as short
Aster XAGUSDT+0.0040%4h65.067−0.038%$2.6M$981K100xas long as short
QFEX SILVER-USD+0.0044%1h65.110+0.027%$170K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.535+0.680%25xas long as short
Aevo XAG-PERP+0.0048%1h65.083−0.015%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.081−0.018%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.023−0.107%$3K$6K20xas long as short
edgeX XAGUSDC+0.0050%4h65.251+0.244%$664K$312K30xas long as short
Paradex XAG-USD-PERPlong+0.0053%8h65.092long leg$29K$1K5x
Phoenix SILVER+0.0061%1h65.211+0.182%$56K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0069%1h65.053−0.061%$172.9M$84.5M25xas long as short
Kalshi KXSILVERPERP+0.0080%24h65.092−0.001%$489K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h64.970−0.188%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.058−0.052%$463K$598K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.030−0.096%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.200+0.165%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.118+0.039%$1.3M$4.9M20xas long as short
BloFin XAG-USDT+0.0138%4h65.150+0.088%$2.7M$625K100xas long as short
GRVT XAG_USDT_Perp+0.0144%4h65.219+0.194%$394K$1.6M25xas long as short
Nado XAG-PERP+0.0155%1h65.065−0.042%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0160%4h65.060−0.050%$23.2M$44.9M100xas long as short
OKX XAG-USDT-SWAP+0.0173%8h65.080−0.019%$28.4M$70.4M50xas long as short
Lighter XAG+0.0184%1h65.102+0.015%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0192%1h65.121+0.044%$78K$37K10xas long as short
Deribit SILVER_USDC-PERPETUALshort+0.0211%1h65.060−0.050%$65K$397K20x
Hibachi XAG/USDT-P+0.0232%1h65.097+0.008%$20K$16K10xas long as short
Bullet SILVER-USD+0.0234%1h65.121+0.044%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.105+0.019%$92K111xas long as short
Kraken Futures PF_XAGUSD+0.0364%1h65.068−0.038%$1.0M$869K25xas long as short