Funding you earn now, next payment 16:00 UTC−0.0225%/8h= −24.6% APRnext payment −$2.25 per $10,000 · paid last 24h −0.074%
Price spread now: KuCoin against MEXC−0.134%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$380as in the Funding arb table
Net, price: spread back to 7d avg − costs−$411as in the Price arb table
costs, in and out, $10k−$3943.941% of the position
Funding, last 7 days+0.145%+$14 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now −0.134%, 7d avg +0.032%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.165% cheaper against MEXC than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.032%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.145%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.145% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.25 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 | MEXC XVG_USDT | 0.002996 | 0.0325 | pay 0.0325% / 8h | 5h 08m | $996K | $277K | 50x |
| Short | KuCoin XVGUSDTM | 0.002992 | 0.0100 | get 0.0100% / 8h | 5h 08m | $1.7M | $179K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$47.25
- Price spread: −0.134% → +0.032%
- −$16.52
- Slippage, 4 orders
- −$378.08
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$457.84
- Costs to cover
- 3.941%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 min ago; KuCoin: 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 MEXC live order book, 21 min ago | 1.67 bp | 11.7 bp −$12 | 48.0 bp −$480 | 125.8 bp −$12.6K | 305.9 bp −$152.9K |
| Sell KuCoin live order book, 1 min ago | 8.36 bp | 169.1 bp −$169 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.003000 | +0.134% | $1.3M | $1.1M | 20x | as long as short |
| KuCoin XVGUSDTMshort | +0.0100% | 8h | 0.002992 | −0.134% | $1.7M | $179K | 30x | |
| Bitget XVGUSDT | +0.0100% | 8h | 0.002996 | 0.000% | $876K | $729K | 20x | as long as short |
| BingX XVG-USDT | +0.0323% | 8h | 0.002997 | +0.033% | — | $1.6M | — | as long as short |
| Binance XVGUSDT | +0.0324% | 8h | 0.002995 | −0.033% | $1.6M | $3.9M | 50x | as long as short |
| MEXC XVG_USDTlong | +0.0325% | 8h | 0.002996 | long leg | $996K | $277K | 50x | |
| BloFin XVG-USDT | +0.0333% | 8h | 0.002995 | −0.033% | $155K | $37K | 50x | as long as short |
| Variational Omni XVG | +0.0735% | 8h | 0.002996 | +0.009% | $39K | $206 | — | as long as short |
MEXC XVG_USDT
KuCoin XVGUSDTM
Bybit XVGUSDT
Bitget XVGUSDT
BingX XVG-USDT
Binance XVGUSDT
BloFin XVG-USDT
Variational Omni XVG