Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.49 per $10,000 · paid last 24h +0.179%
Price spread now: Bybit against BingX+0.018%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$258as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2282.276% of the position
Funding, last 7 days−0.303%−$30 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.018%, 7d avg +0.091%
=Funding pays, the price is against you. Bybit is 0.072% cheaper against BingX than usual: you would sell low and buy high (spread +0.018% now, against its 7-day average of +0.091%). If the spread goes back, that is −$7 on $10k: about 2.5 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.303%, 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 | 0.05501 | 0.0070 | pay 0.0035% / 4h | 3h 33m | — | $1.3M | — |
| Short | Bybit HIVEUSDT | 0.05502 | 0.0168 | get 0.0084% / 4h | 3h 33m | $878K | $140K | 25x |
BingX HIVE-USDT
Bybit HIVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $20.66
- Price spread: +0.018% → +0.091%
- −$7.24
- Slippage, 4 orders
- −$206.62
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$214.2
- Costs to cover
- 2.276%
- Break-even
- 79.6 days
Slippage from BingX: live order book, 11 min ago; Bybit: live order book, 17 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, 11 min ago | 1.82 bp | 16.6 bp −$17 | 37.8 bp −$378 | 436.8 bp −$43.7K | 824.6 bp −$412.3K |
| Sell Bybit live order book, 17 min ago | 1.81 bp | 106.4 bp −$106 | doesn't fit | doesn't fit | 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-USDTlong | +0.0070% | 4h | 0.05501 | long leg | — | $1.3M | — | |
| Binance HIVEUSDT | +0.0100% | 4h | 0.05496 | −0.091% | $1.6M | $1.5M | 25x | as long as short |
| Gate HIVE_USDT | +0.0100% | 4h | 0.05494 | −0.127% | $181K | $27K | 25x | as long as short |
| MEXC HIVE_USDT | +0.0100% | 4h | 0.05497 | −0.073% | $588K | $148K | 20x | as long as short |
| KuCoin HIVEUSDTM | +0.0100% | 4h | 0.05502 | +0.018% | $291K | $26K | 30x | as long as short |
| Bitget HIVEUSDT | +0.0100% | 4h | 0.05499 | −0.036% | $368K | $156K | 25x | as long as short |
| Extended HIVE-USD | +0.0104% | 1h | 0.05495 | −0.111% | $7K | $91K | 5x | as long as short |
| Bybit HIVEUSDTshort | +0.0168% | 4h | 0.05502 | +0.018% | $878K | $140K | 25x |
Binance HIVEUSDT
Gate HIVE_USDT
MEXC HIVE_USDT
KuCoin HIVEUSDTM
Bitget HIVEUSDT
Extended HIVE-USD