Funding you earn now, next payment 08:00 UTC−0.0162%/8h= −17.8% APRnext payment −$1.62 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against MEXC+0.220%7-day average +0.153% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1411.415% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.220%, 7d avg +0.153%
=The price spread pays, funding is against you. Bybit is 0.067% dearer against MEXC than usual: you sell high and buy low (spread +0.220% now, against its 7-day average of +0.153%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XVG_USDT | 0.003089 | 0.0292 | pay 0.0292% / 8h | 6h 50m | $1.2M | $302K | 50x |
| Short | Bybit XVGUSDT | 0.003096 | 0.0130 | get 0.0130% / 8h | 6h 50m | $1.4M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$34.09
- Price spread: +0.220% → +0.153%
- $6.68
- Slippage, 4 orders
- −$126.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$168.91
- Costs to cover
- 1.415%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 10 min ago; Bybit: 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 MEXC live order book, 10 min ago | 1.60 bp | 19.3 bp −$19 | 76.7 bp −$767 | 129.0 bp −$12.9K | 313.1 bp −$156.6K |
| Sell Bybit live order book, 5 min ago | 4.84 bp | 50.0 bp −$50 | 161.1 bp −$1,611 | 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 | 0.003090 | +0.032% | $1.9M | $167K | 30x | as long as short |
| Bitget XVGUSDT | +0.0100% | 8h | 0.003091 | +0.065% | $903K | $797K | 20x | as long as short |
| Bybit XVGUSDTshort | +0.0130% | 8h | 0.003096 | +0.220% | $1.4M | $1.3M | 20x | |
| BloFin XVG-USDT | +0.0278% | 8h | 0.003089 | 0.000% | $160K | $32K | 50x | as long as short |
| BingX XVG-USDT | +0.0285% | 8h | 0.003092 | +0.097% | — | $1.6M | — | as long as short |
| MEXC XVG_USDTlong | +0.0292% | 8h | 0.003089 | long leg | $1.2M | $302K | 50x | |
| Binance XVGUSDT | +0.0294% | 8h | 0.003093 | +0.129% | $1.7M | $4.3M | 50x | as long as short |
| Variational Omni XVG | +0.0948% | 8h | 0.003094 | +0.146% | $40K | $122 | — | as long as short |
MEXC XVG_USDT
Bybit XVGUSDT
KuCoin XVGUSDTM
Bitget XVGUSDT
BloFin XVG-USDT
BingX XVG-USDT
Binance XVGUSDT
Variational Omni XVG