Funding you earn now, next payment 08:00 UTC+0.0351%/8h= +38.4% APRnext payment +$3.51 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Bybit−0.163%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1481.476% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.163%, 7d avg −0.113%
=Funding pays, the price is against you. BloFin is 0.050% cheaper against Bybit than usual: you would sell low and buy high (spread −0.163% now, against its 7-day average of −0.113%). If the spread goes back, that is −$5 on $10k: about 11 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 -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.51 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 58m | $1.4M | $1.4M | 20x |
| Short | BloFin XVG-USDT | 0.003068 | 0.0553 | get 0.0553% / 8h | 1h 58m | $153K | $33K | 50x |
Bybit XVGUSDT
BloFin XVG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $73.72
- Price spread: −0.163% → −0.113%
- −$5.01
- Slippage, 4 orders
- −$124.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78.88
- Costs to cover
- 1.476%
- Break-even
- 14.5 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 16 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, 2 min ago | 6.51 bp | 55.1 bp −$55 | 164.3 bp −$1,643 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 4.90 bp | 23.3 bp −$23 | 71.1 bp −$711 | 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 | 0.003066 | −0.228% | $1.8M | $178K | 30x | as long as short |
| Bitget XVGUSDT | +0.0100% | 8h | 0.003070 | −0.098% | $904K | $814K | 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 | 0.003079 | +0.195% | — | $1.6M | — | as long as short |
| BloFin XVG-USDTshort | +0.0553% | 8h | 0.003068 | −0.163% | $153K | $33K | 50x | |
| MEXC XVG_USDT | +0.0565% | 8h | 0.003075 | +0.065% | $1.1M | $296K | 50x | as long as short |
| Binance XVGUSDT | +0.0568% | 8h | 0.003078 | +0.149% | $1.6M | $4.4M | 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
Binance XVGUSDT
Variational Omni XVG