Funding you earn now, next payment 16:00 UTC+0.0390%/8h= +42.7% APRnext payment +$3.90 per $10,000 · paid last 24h +0.077%
Price spread now: BingX against KuCoin+0.231%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$423as in the Funding arb table
Net, price: spread back to 7d avg − costs−$405as in the Price arb table
costs, in and out, $10k−$4244.236% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now +0.231%, 7d avg +0.050%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BingX is 0.182% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.050%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.90 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XVGUSDTM | 0.003025 | 0.0100 | pay 0.0100% / 8h | 6h 20m | $1.8M | $177K | 30x |
| Short | BingX XVG-USDT | 0.003032 | 0.0490 | get 0.0490% / 8h | 6h 20m | — | $1.6M | — |
KuCoin XVGUSDTM
BingX XVG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $81.9
- Price spread: +0.231% → +0.050%
- $18.18
- Slippage, 4 orders
- −$401.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$323.47
- Costs to cover
- 4.236%
- Break-even
- 34.6 days
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 5 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 KuCoin live order book, 4 min ago | 11.57 bp | 200.9 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 6.59 bp | 38.3 bp −$38 | 110.6 bp −$1,106 | 865.9 bp −$86.6K | 1332.7 bp −$666.4K |
XVG on 8 exchanges
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 XVGUSDT | +0.0100% | 8h | 0.003034 | +0.298% | $1.3M | $1.1M | 20x | as long as short |
| KuCoin XVGUSDTMlong | +0.0100% | 8h | 0.003025 | long leg | $1.8M | $177K | 30x | |
| Bitget XVGUSDT | +0.0100% | 8h | 0.003030 | +0.165% | $896K | $732K | 20x | as long as short |
| BingX XVG-USDTshort | +0.0490% | 8h | 0.003032 | +0.231% | — | $1.6M | — | |
| MEXC XVG_USDT | +0.0508% | 8h | 0.003029 | +0.132% | $1.1M | $289K | 50x | as long as short |
| Binance XVGUSDT | +0.0509% | 8h | 0.003030 | +0.149% | $1.6M | $4.0M | 50x | as long as short |
| BloFin XVG-USDT | +0.0525% | 8h | 0.003034 | +0.298% | $156K | $31K | 50x | as long as short |
| Variational Omni XVG | +0.0850% | 8h | 0.003035 | +0.327% | $40K | $206 | — | as long as short |
Bybit XVGUSDT
Bitget XVGUSDT
MEXC XVG_USDT
Binance XVGUSDT
BloFin XVG-USDT
Variational Omni XVG