Settings8H · net · $10k
Funding arb · Price arb /

XVG

all XVG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0192%/8h= +21.0% APRnext payment +$1.92 per $10,000 · paid last 24h +0.026%
Price spread now: BingX against Bitget+0.032%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1231.230% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.323%+$32 on $10k
Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.032%, 7d avg +0.006%
Together, before fees+0.258%+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.027% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XVGUSDT0.0030970.0100pay 0.0100% / 8h6h 55m$904K$788K20x
ShortBingX XVG-USDT0.0030980.0292get 0.0292% / 8h6h 55m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$40.32
Price spread: +0.032% → +0.006%
$2.66
Slippage, 4 orders
−$100.98
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$80
Costs to cover
1.230%
Break-even
20.9 days
Slippage from Bitget: live order book, 11 min ago; BingX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 11 min ago6.38 bp28.7 bp −$29119.3 bp −$1,193doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago6.41 bp33.7 bp −$3489.8 bp −$898947.4 bp −$94.7Kdoesn't fit

XVG on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XVGUSDTM+0.0100%8h0.003094−0.097%$1.9M$167K30xas long as short
Bitget XVGUSDTlong+0.0100%8h0.003097long leg$904K$788K20x
Bybit XVGUSDT+0.0198%8h0.003097+0.013%$1.4M$1.3M20xas long as short
BingX XVG-USDTshort+0.0292%8h0.003098+0.032%$1.6M
Binance XVGUSDT+0.0296%8h0.003097−0.001%$1.7M$4.3M50xas long as short
MEXC XVG_USDT+0.0300%8h0.003095−0.065%$1.2M$300K50xas long as short
BloFin XVG-USDT+0.0314%8h0.003099+0.065%$160K$32K50xas long as short
Variational Omni XVG+0.0974%8h0.003104+0.210%$41K$122as long as short