Funding you earn now, next payment 08:00 UTC+0.0305%/8h= +33.4% APRnext payment +$3.05 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against Bybit−0.129%7-day average −0.170% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1451.450% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now −0.129%, 7d avg −0.170%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.041% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.170%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.05 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 | 0.003093 | 0.0100 | pay 0.0100% / 8h | 4h 25m | $1.4M | $1.4M | 20x |
| Short | MEXC XVG_USDT | 0.003089 | 0.0405 | get 0.0405% / 8h | 4h 25m | $1.2M | $303K | 50x |
Bybit XVGUSDT
MEXC XVG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $64.05
- Price spread: −0.129% → −0.170%
- $4.09
- Slippage, 4 orders
- −$130
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$76.86
- Costs to cover
- 1.450%
- Break-even
- 15.4 days
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 1 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 | 3.23 bp | 50.6 bp −$51 | 164.7 bp −$1,647 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.62 bp | 23.6 bp −$24 | 81.4 bp −$814 | 128.6 bp −$12.9K | 310.9 bp −$155.4K |
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 XVGUSDTlong | +0.0100% | 8h | 0.003093 | long leg | $1.4M | $1.4M | 20x | |
| KuCoin XVGUSDTM | +0.0100% | 8h | 0.003084 | −0.291% | $1.9M | $178K | 30x | as long as short |
| Bitget XVGUSDT | +0.0100% | 8h | 0.003092 | −0.032% | $891K | $798K | 20x | as long as short |
| BingX XVG-USDT | +0.0381% | 8h | 0.003088 | −0.162% | — | $1.6M | — | as long as short |
| BloFin XVG-USDT | +0.0390% | 8h | 0.003091 | −0.065% | $156K | $32K | 50x | as long as short |
| MEXC XVG_USDTshort | +0.0405% | 8h | 0.003089 | −0.129% | $1.2M | $303K | 50x | |
| Binance XVGUSDT | +0.0410% | 8h | 0.003088 | −0.162% | $1.7M | $4.4M | 50x | as long as short |
| Variational Omni XVG | +0.0893% | 8h | 0.003092 | −0.018% | $40K | $121 | — | as long as short |
KuCoin XVGUSDTM
Bitget XVGUSDT
BingX XVG-USDT
BloFin XVG-USDT
Binance XVGUSDT
Variational Omni XVG