Funding you earn now, next payment 08:00 UTC+0.0249%/8h= +27.3% APRnext payment +$2.49 per $10,000 · paid last 24h +0.021%
Price spread now: Binance against Bitget−0.087%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1081.084% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.087%, 7d avg −0.058%
=Funding pays, the price is against you. Binance is 0.030% cheaper against Bitget than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.058%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.166% in total) that is about 30 hours.
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 +$2.49 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 | Bitget XVGUSDT | 0.003099 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $895K | $815K | 20x |
| Short | Binance XVGUSDT | 0.003096 | 0.0349 | get 0.0349% / 8h | 6h 09m | $1.7M | $4.4M | 50x |
Bitget XVGUSDT
Binance XVGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $52.33
- Price spread: −0.087% → −0.058%
- −$2.96
- Slippage, 4 orders
- −$86.38
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.01
- Costs to cover
- 1.084%
- Break-even
- 14.9 days
Slippage from Bitget: live order book, 57 min ago; Binance: live order book, 13 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 Bitget live order book, 57 min ago | 6.38 bp | 28.7 bp −$29 | 119.3 bp −$1,193 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 3.22 bp | 31.1 bp −$31 | 114.2 bp −$1,142 | 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 XVGUSDT | +0.0100% | 8h | 0.003100 | +0.032% | $1.4M | $1.4M | 20x | as long as short |
| KuCoin XVGUSDTM | +0.0100% | 8h | 0.003090 | −0.290% | $1.9M | $176K | 30x | as long as short |
| Bitget XVGUSDTlong | +0.0100% | 8h | 0.003099 | long leg | $895K | $815K | 20x | |
| BingX XVG-USDT | +0.0333% | 8h | 0.003099 | 0.000% | — | $1.6M | — | as long as short |
| MEXC XVG_USDT | +0.0349% | 8h | 0.003096 | −0.097% | $1.2M | $307K | 50x | as long as short |
| Binance XVGUSDTshort | +0.0349% | 8h | 0.003096 | −0.087% | $1.7M | $4.4M | 50x | |
| Variational Omni XVG | +0.0893% | 8h | 0.003105 | +0.208% | $41K | $122 | — | as long as short |
Bybit XVGUSDT
KuCoin XVGUSDTM
BingX XVG-USDT
MEXC XVG_USDT
Variational Omni XVG