Funding you earn now, next payment 08:00 UTC+0.0232%/8h= +25.4% APRnext payment +$2.32 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against Bybit0.000%7-day average −0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1671.674% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 7 days−0.116%−$12 · spread now 0.000%, 7d avg −0.093%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.093% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.093%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.32 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 | 0.003105 | 0.0100 | pay 0.0100% / 8h | 6h 05m | $1.4M | $1.3M | 20x |
| Short | BingX XVG-USDT | 0.003105 | 0.0332 | get 0.0332% / 8h | 6h 05m | — | $1.6M | — |
Bybit XVGUSDT
BingX XVG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $48.76
- Price spread: 0.000% → −0.093%
- $9.31
- Slippage, 4 orders
- −$146.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$109.37
- Costs to cover
- 1.674%
- Break-even
- 22.7 days
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 11 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 | 6.44 bp | 48.7 bp −$49 | 168.0 bp −$1,680 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 8.06 bp | 39.0 bp −$39 | 115.5 bp −$1,155 | 856.1 bp −$85.6K | 1327.5 bp −$663.8K |
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 XVGUSDTlong | +0.0100% | 8h | 0.003105 | long leg | $1.4M | $1.3M | 20x | |
| KuCoin XVGUSDTM | +0.0100% | 8h | 0.003096 | −0.290% | $1.9M | $175K | 30x | as long as short |
| Bitget XVGUSDT | +0.0100% | 8h | 0.003105 | 0.000% | $903K | $809K | 20x | as long as short |
| BingX XVG-USDTshort | +0.0332% | 8h | 0.003105 | 0.000% | — | $1.6M | — | |
| MEXC XVG_USDT | +0.0344% | 8h | 0.003103 | −0.064% | $1.2M | $307K | 50x | as long as short |
| Binance XVGUSDT | +0.0344% | 8h | 0.003102 | −0.097% | $1.7M | $4.4M | 50x | as long as short |
| Variational Omni XVG | +0.0897% | 8h | 0.003103 | −0.050% | $40K | $122 | — | as long as short |
KuCoin XVGUSDTM
Bitget XVGUSDT
MEXC XVG_USDT
Binance XVGUSDT
Variational Omni XVG