Funding you earn now, next payment 08:00 UTC+0.0359%/8h= +39.4% APRnext payment +$3.59 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against Bybit−0.203%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1591.587% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days+0.116%+$12 · spread now −0.203%, 7d avg −0.167%
=Funding pays, the price is against you. Binance is 0.036% cheaper against Bybit than usual: you would sell low and buy high (spread −0.203% now, against its 7-day average of −0.167%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$11 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.59 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 | Bybit XVGUSDT | 0.003073 | 0.0202 | pay 0.0202% / 8h | 1h 59m | $1.4M | $1.4M | 20x |
| Short | Binance XVGUSDT | 0.003067 | 0.0562 | get 0.0562% / 8h | 1h 59m | $1.6M | $4.4M | 50x |
Bybit XVGUSDT
Binance XVGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $75.48
- Price spread: −0.203% → −0.167%
- −$3.61
- Slippage, 4 orders
- −$137.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.78
- Costs to cover
- 1.587%
- Break-even
- 15.0 days
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 7 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 Bybit live order book, 1 min ago | 6.51 bp | 55.1 bp −$55 | 164.3 bp −$1,643 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.26 bp | 24.7 bp −$25 | 117.0 bp −$1,170 | 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 XVGUSDTM | +0.0100% | 8h | 0.003064 | −0.293% | $1.8M | $178K | 30x | as long as short |
| Bitget XVGUSDT | +0.0100% | 8h | 0.003069 | −0.130% | $903K | $817K | 20x | as long as short |
| Bybit XVGUSDTlong | +0.0202% | 8h | 0.003073 | long leg | $1.4M | $1.4M | 20x | |
| BingX XVG-USDT | +0.0528% | 8h | 0.003069 | −0.130% | — | $1.6M | — | as long as short |
| MEXC XVG_USDT | +0.0561% | 8h | 0.003065 | −0.260% | $1.1M | $305K | 50x | as long as short |
| Binance XVGUSDTshort | +0.0562% | 8h | 0.003067 | −0.203% | $1.6M | $4.4M | 50x | |
| BloFin XVG-USDT | +0.0562% | 8h | 0.003070 | −0.098% | $153K | $33K | 50x | as long as short |
| Variational Omni XVG | +0.1032% | 8h | 0.003075 | +0.079% | $40K | $206 | — | as long as short |
KuCoin XVGUSDTM
Bitget XVGUSDT
BingX XVG-USDT
MEXC XVG_USDT
BloFin XVG-USDT
Variational Omni XVG