Funding you earn now, next payment 08:00 UTC−0.0300%/8h= −32.8% APRnext payment −$3.00 per $10,000 · paid last 24h −0.021%
Price spread now: Bitget against MEXC+0.162%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$990.994% of the position
Funding, last 7 days−0.167%−$17 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.162%, 7d avg +0.058%
=The price spread pays, funding is against you. Bitget is 0.104% dearer against MEXC than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of +0.058%): +$10 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.167% in total) that is about 4.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.167% in total (about -8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.00 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 | MEXC XVG_USDT | 0.003081 | 0.0400 | pay 0.0400% / 8h | 4h 27m | $1.2M | $302K | 50x |
| Short | Bitget XVGUSDT | 0.003086 | 0.0100 | get 0.0100% / 8h | 4h 27m | $890K | $800K | 20x |
MEXC XVG_USDT
Bitget XVGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- −$63
- Price spread: +0.162% → +0.058%
- $10.4
- Slippage, 4 orders
- −$83.39
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$151.99
- Costs to cover
- 0.994%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 28 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 MEXC live order book, 3 min ago | 1.62 bp | 16.6 bp −$17 | 58.6 bp −$586 | 120.9 bp −$12.1K | 304.3 bp −$152.1K |
| Sell Bitget live order book, 28 min ago | 6.48 bp | 25.5 bp −$25 | 150.2 bp −$1,502 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XVGUSDT | +0.0100% | 8h | 0.003086 | +0.162% | $1.4M | $1.4M | 20x | as long as short |
| KuCoin XVGUSDTM | +0.0100% | 8h | 0.003081 | 0.000% | $1.9M | $178K | 30x | as long as short |
| Bitget XVGUSDTshort | +0.0100% | 8h | 0.003086 | +0.162% | $890K | $800K | 20x | |
| BingX XVG-USDT | +0.0370% | 8h | 0.003083 | +0.065% | — | $1.6M | — | as long as short |
| BloFin XVG-USDT | +0.0375% | 8h | 0.003079 | −0.065% | $156K | $32K | 50x | as long as short |
| MEXC XVG_USDTlong | +0.0400% | 8h | 0.003081 | long leg | $1.2M | $302K | 50x | |
| Binance XVGUSDT | +0.0406% | 8h | 0.003084 | +0.110% | $1.7M | $4.4M | 50x | as long as short |
| Variational Omni XVG | +0.0889% | 8h | 0.003088 | +0.226% | $40K | $121 | — | as long as short |
Bybit XVGUSDT
KuCoin XVGUSDTM
BingX XVG-USDT
BloFin XVG-USDT
Binance XVGUSDT
Variational Omni XVG