Funding you earn now, next payment 08:00 UTC−0.0265%/8h= −29.0% APRnext payment −$2.65 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against BingX+0.032%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1861.865% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 7 days+0.103%+$10 · spread now +0.032%, 7d avg +0.092%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.060% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.092%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.65 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 | BingX XVG-USDT | 0.003091 | 0.0365 | pay 0.0365% / 8h | 4h 30m | — | $1.6M | — |
| Short | Bybit XVGUSDT | 0.003092 | 0.0100 | get 0.0100% / 8h | 4h 30m | $1.4M | $1.4M | 20x |
BingX XVG-USDT
Bybit XVGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$55.65
- Price spread: +0.032% → +0.092%
- −$6.01
- Slippage, 4 orders
- −$165.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$248.14
- Costs to cover
- 1.865%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Bybit: live order book, just now.
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, 1 min ago | 6.48 bp | 33.5 bp −$34 | 101.9 bp −$1,019 | 725.7 bp −$72.6K | 1105.4 bp −$552.7K |
| Sell Bybit live order book, just now | 4.85 bp | 56.6 bp −$57 | 170.3 bp −$1,703 | 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 XVGUSDTshort | +0.0100% | 8h | 0.003092 | +0.032% | $1.4M | $1.4M | 20x | |
| KuCoin XVGUSDTM | +0.0100% | 8h | 0.003080 | −0.356% | $1.9M | $178K | 30x | as long as short |
| Bitget XVGUSDT | +0.0100% | 8h | 0.003077 | −0.453% | $887K | $800K | 20x | as long as short |
| BingX XVG-USDTlong | +0.0365% | 8h | 0.003091 | long leg | — | $1.6M | — | |
| MEXC XVG_USDT | +0.0395% | 8h | 0.003088 | −0.097% | $1.2M | $302K | 50x | as long as short |
| Binance XVGUSDT | +0.0395% | 8h | 0.003091 | 0.000% | $1.7M | $4.4M | 50x | as long as short |
| BloFin XVG-USDT | +0.0419% | 8h | 0.003079 | −0.388% | $157K | $32K | 50x | as long as short |
| Variational Omni XVG | +0.0889% | 8h | 0.003088 | −0.098% | $40K | $121 | — | as long as short |
KuCoin XVGUSDTM
Bitget XVGUSDT
MEXC XVG_USDT
Binance XVGUSDT
BloFin XVG-USDT
Variational Omni XVG