Funding you earn now, next payment 12:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against BingX−0.037%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$810.813% of the position
Funding, last 7 days−0.538%−$54 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now −0.037%, 7d avg −0.040%
=The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.538%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HIVE-USDT | 0.05393 | 0.0070 | pay 0.0035% / 4h | 1h 31m | — | $1.3M | — |
| Short | Binance HIVEUSDT | 0.05391 | 0.0100 | get 0.0050% / 4h | 1h 31m | $1.6M | $1.3M | 25x |
BingX HIVE-USDT
Binance HIVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $6.3
- Price spread: −0.037% → −0.040%
- $0.31
- Slippage, 4 orders
- −$61.25
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$74.65
- Costs to cover
- 0.813%
- Break-even
- 89.9 days
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 9 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 BingX live order book, 7 min ago | 2.77 bp | 17.3 bp −$17 | 40.2 bp −$402 | 374.6 bp −$37.5K | 774.4 bp −$387.2K |
| Sell Binance live order book, 9 min ago | 2.76 bp | 23.2 bp −$23 | 84.9 bp −$849 | doesn't fit | doesn't fit |
HIVE 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HIVE-USDTlong | +0.0070% | 4h | 0.05393 | long leg | — | $1.3M | — | |
| Binance HIVEUSDTshort | +0.0100% | 4h | 0.05391 | −0.037% | $1.6M | $1.3M | 25x | |
| Bybit HIVEUSDT | +0.0100% | 4h | 0.05402 | +0.167% | $846K | $180K | 25x | as long as short |
| Gate HIVE_USDT | +0.0100% | 4h | 0.05384 | −0.167% | $175K | $27K | 25x | as long as short |
| MEXC HIVE_USDT | +0.0100% | 4h | 0.05392 | −0.019% | $545K | $135K | 20x | as long as short |
| KuCoin HIVEUSDTM | +0.0100% | 4h | 0.05391 | −0.037% | $282K | $22K | 30x | as long as short |
| Bitget HIVEUSDT | +0.0100% | 4h | 0.05388 | −0.093% | $347K | $108K | 25x | as long as short |
| Extended HIVE-USD | +0.0104% | 1h | 0.05389 | −0.068% | $7K | $196K | 5x | as long as short |
Bybit HIVEUSDT
Gate HIVE_USDT
MEXC HIVE_USDT
KuCoin HIVEUSDTM
Bitget HIVEUSDT
Extended HIVE-USD