Funding you earn now, next payment 08:00 UTC−0.0243%/8h= −26.6% APRnext payment −$2.43 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against Binance+0.142%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1541.536% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now +0.142%, 7d avg +0.168%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.026% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.168%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.43 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 | 0.003100 | 0.0343 | pay 0.0343% / 8h | 6h 07m | $1.7M | $4.4M | 50x |
| Short | Bybit XVGUSDT | 0.003104 | 0.0100 | get 0.0100% / 8h | 6h 07m | $1.4M | $1.3M | 20x |
Binance XVGUSDT
Bybit XVGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$51.09
- Price spread: +0.142% → +0.168%
- −$2.57
- Slippage, 4 orders
- −$132.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$207.23
- Costs to cover
- 1.536%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 4 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, 15 min ago | 3.22 bp | 23.3 bp −$23 | 96.4 bp −$964 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.22 bp | 51.6 bp −$52 | 167.2 bp −$1,672 | doesn't fit | doesn't fit |
XVG on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XVGUSDTshort | +0.0100% | 8h | 0.003104 | +0.142% | $1.4M | $1.3M | 20x | |
| KuCoin XVGUSDTM | +0.0100% | 8h | 0.003093 | −0.226% | $1.9M | $176K | 30x | as long as short |
| Bitget XVGUSDT | +0.0100% | 8h | 0.003100 | 0.000% | $896K | $808K | 20x | as long as short |
| BingX XVG-USDT | +0.0333% | 8h | 0.003101 | +0.032% | — | $1.6M | — | as long as short |
| Binance XVGUSDTlong | +0.0343% | 8h | 0.003100 | long leg | $1.7M | $4.4M | 50x | |
| MEXC XVG_USDT | +0.0346% | 8h | 0.003100 | 0.000% | $1.2M | $307K | 50x | as long as short |
| Variational Omni XVG | +0.0893% | 8h | 0.003105 | +0.176% | $41K | $122 | — | as long as short |
KuCoin XVGUSDTM
Bitget XVGUSDT
BingX XVG-USDT
MEXC XVG_USDT
Variational Omni XVG