Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.037%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$620.625% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.037%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.036% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HIVEUSDT | 0.05536 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $1.6M | $1.6M | 25x |
| Short | MEXC HIVE_USDT | 0.05538 | 0.0100 | get 0.0050% / 4h | 3h 39m | $624K | $153K | 20x |
Binance HIVEUSDT
MEXC HIVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- $0
- Price spread: +0.037% → +0.001%
- $3.57
- Slippage, 4 orders
- −$48.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$58.9
- Costs to cover
- 0.625%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 26 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 Binance live order book, 9 min ago | 3.60 bp | 23.9 bp −$24 | 79.8 bp −$798 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 26 min ago | 0.90 bp | 5.9 bp −$6 | 56.7 bp −$567 | 199.4 bp −$19.9K | doesn't fit |
HIVE 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HIVE-USDT | +0.0070% | 4h | 0.05547 | +0.199% | — | $1.3M | — | as long as short |
| Binance HIVEUSDTlong | +0.0100% | 4h | 0.05536 | long leg | $1.6M | $1.6M | 25x | |
| Gate HIVE_USDT | +0.0100% | 4h | 0.05533 | −0.054% | $183K | $29K | 25x | as long as short |
| MEXC HIVE_USDTshort | +0.0100% | 4h | 0.05538 | +0.037% | $624K | $153K | 20x | |
| KuCoin HIVEUSDTM | +0.0100% | 4h | 0.05538 | +0.037% | $297K | $27K | 30x | as long as short |
| Bitget HIVEUSDT | +0.0100% | 4h | 0.05532 | −0.072% | $373K | $179K | 25x | as long as short |
| Extended HIVE-USD | +0.0104% | 1h | 0.05536 | −0.006% | $7K | $82K | 5x | as long as short |
| Bybit HIVEUSDT | +0.0411% | 4h | 0.05542 | +0.109% | $889K | $140K | 25x | as long as short |
BingX HIVE-USDT
Gate HIVE_USDT
KuCoin HIVEUSDTM
Bitget HIVEUSDT
Extended HIVE-USD
Bybit HIVEUSDT