Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against BingX−0.191%81s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1251.245% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 3 days (all we have)+0.010%+$1 · spread now −0.191%, 7d avg −0.025%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.166% cheaper against BingX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.025%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XVG-USDT | 0.003144 | 0.0287 | pay 0.0287% / 8h | 7h 39m | — | $1.6M | — |
| Short | BloFin XVG-USDT | 0.003138 | 0.0278 | get 0.0278% / 8h | 7h 39m | $161K | $33K | 50x |
BingX XVG-USDT
BloFin XVG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$1.96
- Price spread: −0.191% → −0.025%
- −$16.63
- Slippage, 4 orders
- −$102.53
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$143.12
- Costs to cover
- 1.245%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 17 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 BingX live order book, 2 min ago | 7.96 bp | 34.0 bp −$34 | 107.3 bp −$1,073 | 895.7 bp −$89.6K | 1213.5 bp −$606.8K |
| Sell BloFin live order book, 17 min ago | 6.36 bp | 23.4 bp −$23 | 64.2 bp −$642 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XVGUSDT | +0.0100% | 8h | 0.003144 | +0.006% | $1.4M | $1.3M | 20x | as long as short |
| KuCoin XVGUSDTM | +0.0100% | 8h | 0.003136 | −0.254% | $1.9M | $167K | 30x | as long as short |
| Bitget XVGUSDT | +0.0100% | 8h | 0.003143 | −0.032% | $917K | $791K | 20x | as long as short |
| BloFin XVG-USDTshort | +0.0278% | 8h | 0.003138 | −0.191% | $161K | $33K | 50x | |
| BingX XVG-USDTlong | +0.0287% | 8h | 0.003144 | long leg | — | $1.6M | — | |
| MEXC XVG_USDT | +0.0299% | 8h | 0.003142 | −0.064% | $1.2M | $303K | 50x | as long as short |
| Binance XVGUSDT | +0.0300% | 8h | 0.003143 | −0.021% | $1.7M | $4.2M | 50x | as long as short |
| Variational Omni XVG | +0.1003% | 8h | 0.003143 | −0.031% | $41K | $122 | — | as long as short |
Bybit XVGUSDT
KuCoin XVGUSDTM
Bitget XVGUSDT
MEXC XVG_USDT
Binance XVGUSDT
Variational Omni XVG