Funding you earn now, next payment 08:00 UTC−0.0422%/8h= −46.2% APRnext payment −$4.22 per $10,000 · paid last 24h −0.021%
Price spread now: Bitget against Binance+0.198%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1181.183% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.198%, 7d avg +0.059%
=The price spread pays, funding is against you. Bitget is 0.139% dearer against Binance than usual: you sell high and buy low (spread +0.198% now, against its 7-day average of +0.059%): +$14 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.166% in total) that is about 5.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.166% in total (about -8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XVGUSDT | 0.003034 | 0.0522 | pay 0.0522% / 8h | 2h 40m | $1.6M | $4.3M | 50x |
| Short | Bitget XVGUSDT | 0.003040 | 0.0100 | get 0.0100% / 8h | 2h 40m | $897K | $814K | 20x |
Binance XVGUSDT
Bitget XVGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$88.57
- Price spread: +0.198% → +0.059%
- $13.88
- Slippage, 4 orders
- −$96.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$193.04
- Costs to cover
- 1.183%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 6 min ago.
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 Binance live order book, 12 min ago | 3.26 bp | 23.4 bp −$23 | 110.1 bp −$1,101 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 8.15 bp | 30.4 bp −$30 | 124.8 bp −$1,248 | doesn't fit | doesn't fit |
XVG on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XVGUSDTM | +0.0100% | 8h | 0.003031 | −0.099% | $1.8M | $176K | 30x | as long as short |
| Bitget XVGUSDTshort | +0.0100% | 8h | 0.003040 | +0.198% | $897K | $814K | 20x | |
| Bybit XVGUSDT | +0.0211% | 8h | 0.003041 | +0.231% | $1.3M | $1.4M | 20x | as long as short |
| BingX XVG-USDT | +0.0505% | 8h | 0.003038 | +0.132% | — | $1.6M | — | as long as short |
| Binance XVGUSDTlong | +0.0522% | 8h | 0.003034 | long leg | $1.6M | $4.3M | 50x | |
| MEXC XVG_USDT | +0.0524% | 8h | 0.003036 | +0.066% | $1.1M | $296K | 50x | as long as short |
| BloFin XVG-USDT | +0.0529% | 8h | 0.003050 | +0.527% | $155K | $33K | 50x | as long as short |
| Variational Omni XVG | +0.1015% | 8h | 0.003052 | +0.594% | $40K | $206 | — | as long as short |
KuCoin XVGUSDTM
Bybit XVGUSDT
BingX XVG-USDT
MEXC XVG_USDT
BloFin XVG-USDT
Variational Omni XVG