Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Gate against BingX−0.202%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$736as in the Funding arb table
Net, price: spread back to 7d avg − costs−$706as in the Price arb table
costs, in and out, $10k−$7027.021% of the position
Funding, last 7 days−0.337%−$34 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.202%, 7d avg −0.167%
=Funding pays, the price is against you. Gate is 0.035% cheaper against BingX than usual: you would sell low and buy high (spread −0.202% now, against its 7-day average of −0.167%). If the spread goes back, that is −$3 on $10k: about 3.9 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.337%, 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 | 0.05456 | 0.0070 | pay 0.0035% / 4h | 2h 00m | — | $1.3M | — |
| Short | Gate HIVE_USDT | 0.05445 | 0.0100 | get 0.0050% / 4h | 2h 00m | $179K | $28K | 25x |
BingX HIVE-USDT
Gate HIVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.202% → −0.167%
- −$3.47
- Slippage, 4 orders
- −$677.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$699.22
- Costs to cover
- 7.021%
- Break-even
- 783.9 days
Slippage from BingX: live order book, 16 min ago; Gate: live order book, 41 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, 16 min ago | 2.76 bp | 17.0 bp −$17 | 33.3 bp −$333 | 354.8 bp −$35.5K | 726.6 bp −$363.3K |
| Sell Gate live order book, 41 min ago | 4.60 bp | 258.5 bp −$259 | 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 | 0.05456 | long leg | — | $1.3M | — | |
| Binance HIVEUSDT | +0.0100% | 4h | 0.05457 | +0.026% | $1.6M | $1.6M | 25x | as long as short |
| Gate HIVE_USDTshort | +0.0100% | 4h | 0.05445 | −0.202% | $179K | $28K | 25x | |
| MEXC HIVE_USDT | +0.0100% | 4h | 0.05459 | +0.055% | $554K | $155K | 20x | as long as short |
| KuCoin HIVEUSDTM | +0.0100% | 4h | 0.05450 | −0.110% | $286K | $28K | 30x | as long as short |
| Bitget HIVEUSDT | +0.0100% | 4h | 0.05459 | +0.055% | $363K | $160K | 25x | as long as short |
| Extended HIVE-USD | +0.0104% | 1h | 0.05456 | +0.008% | $7K | $132K | 5x | as long as short |
| Bybit HIVEUSDT | +0.0483% | 4h | 0.05461 | +0.092% | $858K | $171K | 25x | as long as short |
Binance HIVEUSDT
MEXC HIVE_USDT
KuCoin HIVEUSDTM
Bitget HIVEUSDT
Extended HIVE-USD
Bybit HIVEUSDT