Funding you earn now, next payment 08:00 UTC−0.0315%/8h= −34.5% APRnext payment −$3.15 per $10,000 · paid last 24h +0.005%
Price spread now: Bybit against BloFin+0.185%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1691.694% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.185%, 7d avg +0.111%
=The price spread pays, funding is against you. Bybit is 0.074% dearer against BloFin than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of +0.111%): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 19 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.15 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 | BloFin XVG-USDT | 0.003087 | 0.0415 | pay 0.0415% / 8h | 4h 26m | $157K | $32K | 50x |
| Short | Bybit XVGUSDT | 0.003093 | 0.0100 | get 0.0100% / 8h | 4h 26m | $1.4M | $1.4M | 20x |
BloFin XVG-USDT
Bybit XVGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$66.16
- Price spread: +0.185% → +0.111%
- $7.4
- Slippage, 4 orders
- −$146.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$228.19
- Costs to cover
- 1.694%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Bybit: 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 BloFin live order book, 3 min ago | 11.32 bp | 25.4 bp −$25 | 58.7 bp −$587 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 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 | 0.003093 | +0.185% | $1.4M | $1.4M | 20x | |
| KuCoin XVGUSDTM | +0.0100% | 8h | 0.003084 | −0.097% | $1.9M | $178K | 30x | as long as short |
| Bitget XVGUSDT | +0.0100% | 8h | 0.003092 | +0.162% | $891K | $798K | 20x | as long as short |
| BingX XVG-USDT | +0.0380% | 8h | 0.003091 | +0.130% | — | $1.6M | — | as long as short |
| MEXC XVG_USDT | +0.0406% | 8h | 0.003089 | +0.065% | $1.2M | $302K | 50x | as long as short |
| Binance XVGUSDT | +0.0406% | 8h | 0.003090 | +0.106% | $1.7M | $4.4M | 50x | as long as short |
| BloFin XVG-USDTlong | +0.0415% | 8h | 0.003087 | long leg | $157K | $32K | 50x | |
| Variational Omni XVG | +0.0889% | 8h | 0.003088 | +0.031% | $40K | $121 | — | as long as short |
KuCoin XVGUSDTM
Bitget XVGUSDT
BingX XVG-USDT
MEXC XVG_USDT
Binance XVGUSDT
Variational Omni XVG