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+0.0053%/8h= +5.9% APRpaid last 24h −0.010%
Price spread now: Paradex against Variational Omni−0.206%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 airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories
Funding pays, the price is against you. Paradex is 0.206% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.206% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 13 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XAG65.2270get 0.0000% / 4h8m 46s$5.5M$9.1M
ShortParadex XAG-USD-PERP65.0920.0053get 0.0053% / 8h8m 46s$29K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Variational Omni. 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
$11.23
Price spread: −0.206% → 0.000%
−$20.61
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$13.38
Costs to cover
0.040%
Break-even
15.3 days
Slippage unknown: Variational Omni: RFQ quote, just now; 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, just now2.58 bpdoesn't fit2.9 bp −$29doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0027%1h65.040−0.286%$5.7M$9.8M25xas long as short
dYdX XAG-USD0.0000%1h65.061−0.255%$12K$5K5xas long as short
Bybit XAGUSDT0.0000%4h65.120−0.164%$27.7M$39.1M150xas long as short
Variational Omni XAGlong0.0000%4h65.227long leg$5.5M$9.1M
SunX XAG-USDT0.0000%4h65.150−0.118%$2K$2.4M20xas long as short
HTX XAG-USDT0.0000%4h65.170−0.087%$1.1M$1.3M75xas long as short
Phemex XAGUSDT0.0000%4h65.150−0.118%$1.5M$278K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.080−0.225%$118K250xas long as short
Hotstuff SILVER-PERP+0.0016%1h65.128−0.152%$35K$21K20xas long as short
Gate XAG_USDT+0.0028%4h65.140−0.133%$140.3M$181.5M100xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XAG+0.0032%1h65.111−0.178%$4.6M$10.0M25xas long as short
Extended XAG-USD+0.0032%1h65.063−0.252%$5.0M$11.8M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+1.799%$11K$94K52xas long as short
MEXC SILVER_USDT+0.0034%4h65.100−0.194%$125.9M$162.3M1000xas long as short
Binance XAGUSDT+0.0034%4h65.110−0.179%$191.3M$755.4M100xas long as short
StandX XAG-USD+0.0040%1h65.240+0.020%$785K$3.0M40xas long as short
Aster XAGUSDT+0.0040%4h65.118−0.167%$2.7M$981K100xas long as short
QFEX SILVER-USD+0.0044%1h65.150−0.118%$171K$1.4M20xas long as short
Vest SI-PERP+0.0046%1h65.588+0.554%25xas long as short
Aevo XAG-PERP+0.0048%1h65.147−0.123%$47K10xas long as short
Polymarket Perps SILVER-USD+0.0050%1h65.128−0.152%$3.8M$892K20xas long as short
SoDEX SILVER-USD+0.0050%1h65.088−0.213%$3K$6K20xas long as short
edgeX XAGUSDC+0.0050%4h65.251+0.037%$664K$312K30xas long as short
Paradex XAG-USD-PERPshort+0.0053%8h65.092−0.206%$29K$1K5x
Phoenix SILVER+0.0061%1h65.211−0.024%$56K$31K25xas long as short
tradeXYZ xyz:SILVER+0.0069%1h65.089−0.211%$173.0M$84.5M25xas long as short
Kalshi KXSILVERPERP+0.0080%24h65.146−0.124%$490K$32.2M8.1xas long as short
Coinbase International SILVER-PERP-INTX+0.0096%1h64.970−0.394%$1.6M$1.4M20xas long as short
Pacifica XAG+0.0100%1h65.058−0.258%$463K$598K10xas long as short
KuCoin XAGUSDTM+0.0100%4h65.090−0.210%$25.2M$4.7M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h65.200−0.041%$111K$19K50xas long as short
RISEx XAG/USDC+0.0118%1h65.158−0.105%$1.3M$4.9M20xas long as short
BloFin XAG-USDT+0.0138%4h65.150−0.118%$2.7M$625K100xas long as short
GRVT XAG_USDT_Perp+0.0144%4h65.219−0.012%$394K$1.6M25xas long as short
Nado XAG-PERP+0.0154%1h65.116−0.170%$1.2M$4.7M10xas long as short
Bitget XAGUSDT+0.0160%4h65.130−0.148%$23.2M$44.8M100xas long as short
OKX XAG-USDT-SWAP+0.0172%8h65.120−0.164%$28.4M$70.4M50xas long as short
Lighter XAG+0.0184%1h65.111−0.178%$5.3M$11.3M25xas long as short
Aftermath Perps XAGUSD+0.0192%1h65.145−0.125%$78K$37K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0211%1h65.130−0.148%$65K$397K20xas long as short
Hibachi XAG/USDT-P+0.0232%1h65.173−0.083%$20K$17K10xas long as short
Bullet SILVER-USD+0.0234%1h65.159−0.104%$45K$75K10xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0238% / S −0.0196%1h65.145−0.125%$92K111xas long as short
Kraken Futures PF_XAGUSD+0.0364%1h65.119−0.166%$1.0M$869K25xas long as short