Funding you earn now, next payment 08:00 UTC+0.0300%/8h= +32.8% APRnext payment +$3.00 per $10,000 · paid last 24h +0.021%
Price spread now: MEXC against Bitget−0.130%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$990.994% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.130%, 7d avg −0.058%
=Funding pays, the price is against you. MEXC is 0.071% cheaper against Bitget than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.058%). If the spread goes back, that is −$7 on $10k: about 19 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.167% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.167% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.00 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 | 0.003087 | 0.0100 | pay 0.0100% / 8h | 4h 28m | $890K | $800K | 20x |
| Short | MEXC XVG_USDT | 0.003083 | 0.0400 | get 0.0400% / 8h | 4h 28m | $1.2M | $302K | 50x |
Bitget XVGUSDT
MEXC XVG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $63
- Price spread: −0.130% → −0.058%
- −$7.13
- Slippage, 4 orders
- −$83.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$43.52
- Costs to cover
- 0.994%
- Break-even
- 11.8 days
Slippage from Bitget: live order book, 28 min ago; MEXC: live order book, 3 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, 28 min ago | 6.48 bp | 34.0 bp −$34 | 146.3 bp −$1,463 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.62 bp | 23.4 bp −$23 | 88.4 bp −$884 | 135.4 bp −$13.5K | 320.6 bp −$160.3K |
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 | 0.003086 | −0.032% | $1.4M | $1.4M | 20x | as long as short |
| KuCoin XVGUSDTM | +0.0100% | 8h | 0.003081 | −0.194% | $1.9M | $178K | 30x | as long as short |
| Bitget XVGUSDTlong | +0.0100% | 8h | 0.003087 | long leg | $890K | $800K | 20x | |
| BingX XVG-USDT | +0.0370% | 8h | 0.003083 | −0.130% | — | $1.6M | — | as long as short |
| BloFin XVG-USDT | +0.0375% | 8h | 0.003079 | −0.259% | $156K | $32K | 50x | as long as short |
| MEXC XVG_USDTshort | +0.0400% | 8h | 0.003083 | −0.130% | $1.2M | $302K | 50x | |
| Binance XVGUSDT | +0.0406% | 8h | 0.003083 | −0.130% | $1.7M | $4.4M | 50x | as long as short |
| Variational Omni XVG | +0.0889% | 8h | 0.003088 | +0.031% | $40K | $121 | — | as long as short |
Bybit XVGUSDT
KuCoin XVGUSDTM
BingX XVG-USDT
BloFin XVG-USDT
Binance XVGUSDT
Variational Omni XVG