Funding you earn now, next payment 08:00 UTC−0.0517%/8h= −56.6% APRnext payment −$5.17 per $10,000 · paid last 24h −0.026%
Price spread now: KuCoin against BingX−0.262%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$411as in the Funding arb table
Net, price: spread back to 7d avg − costs−$436as in the Price arb table
costs, in and out, $10k−$4154.153% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now −0.262%, 7d avg −0.052%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and KuCoin is 0.211% cheaper against BingX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.052%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.17 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 | 0.003049 | 0.0617 | pay 0.0617% / 8h | 1h 06m | — | $1.6M | — |
| Short | KuCoin XVGUSDTM | 0.003041 | 0.0100 | get 0.0100% / 8h | 1h 06m | $1.8M | $204K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$108.57
- Price spread: −0.262% → −0.052%
- −$21.07
- Slippage, 4 orders
- −$393.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$544.91
- Costs to cover
- 4.153%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: 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 BingX live order book, 9 min ago | 6.55 bp | 32.8 bp −$33 | 102.7 bp −$1,027 | 731.1 bp −$73.1K | 1165.9 bp −$583.0K |
| Sell KuCoin live order book, 4 min ago | 4.93 bp | 169.4 bp −$169 | doesn't fit | 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 XVGUSDTMshort | +0.0100% | 8h | 0.003041 | −0.262% | $1.8M | $204K | 30x | |
| Bitget XVGUSDT | +0.0100% | 8h | 0.003049 | 0.000% | $905K | $817K | 20x | as long as short |
| Bybit XVGUSDT | +0.0227% | 8h | 0.003051 | +0.079% | $1.3M | $1.4M | 20x | as long as short |
| BingX XVG-USDTlong | +0.0617% | 8h | 0.003049 | long leg | — | $1.6M | — | |
| BloFin XVG-USDT | +0.0655% | 8h | 0.003052 | +0.098% | $154K | $33K | 50x | as long as short |
| MEXC XVG_USDT | +0.0655% | 8h | 0.003046 | −0.098% | $1.1M | $304K | 50x | as long as short |
| Binance XVGUSDT | +0.0659% | 8h | 0.003047 | −0.066% | $1.6M | $4.4M | 50x | as long as short |
| Variational Omni XVG | +0.1064% | 8h | 0.003052 | +0.096% | $40K | $206 | — | as long as short |
BingX XVG-USDT
KuCoin XVGUSDTM
Bitget XVGUSDT
Bybit XVGUSDT
BloFin XVG-USDT
MEXC XVG_USDT
Binance XVGUSDT
Variational Omni XVG