Misconcayving or Misconceiving: How To spell?

The word Misconcayving is misspelled against Misconceiving, which is present continuous of "Misconceive"

Word contains consecutive vowels 'EI' in between alphabets misconc & ving is misspelled as 'AY'
Wrong Spelling:  misconc-ay-ving 
Correct Spelling:  misconc-ei-ving 
Find more incorrect spellings of Misconceiving to spell right way.