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: KuCoin against BingX−0.110%7-day average −0.174% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,046as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,023as in the Price arb table
costs, in and out, $10k−$1,02910.291% of the position
Funding, last 7 days−0.165%−$17 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now −0.110%, 7d avg −0.174%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.064% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.174%. Mind the row above: over the last 7 days funding on this pair cost −0.165%, 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 | 0.05442 | 0.0070 | pay 0.0035% / 4h | 2h 37m | — | $1.3M | — |
| Short | KuCoin HIVEUSDTM | 0.05436 | 0.0100 | get 0.0050% / 4h | 2h 37m | $285K | $27K | 30x |
BingX HIVE-USDT
KuCoin HIVEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.110% → −0.174%
- $6.42
- Slippage, 4 orders
- −$1,007.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,016.34
- Costs to cover
- 10.291%
- Break-even
- 1136.3 days
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 20 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, 4 min ago | 3.68 bp | 18.7 bp −$19 | 34.9 bp −$349 | 501.0 bp −$50.1K | 923.8 bp −$461.9K |
| Sell KuCoin live order book, 20 min ago | 39.21 bp | 668.2 bp −$668 | 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 | 0.05442 | long leg | — | $1.3M | — | |
| Binance HIVEUSDT | +0.0100% | 4h | 0.05445 | +0.056% | $1.6M | $1.5M | 25x | as long as short |
| Gate HIVE_USDT | +0.0100% | 4h | 0.05430 | −0.221% | $179K | $27K | 25x | as long as short |
| MEXC HIVE_USDT | +0.0100% | 4h | 0.05444 | +0.037% | $575K | $149K | 20x | as long as short |
| KuCoin HIVEUSDTMshort | +0.0100% | 4h | 0.05436 | −0.110% | $285K | $27K | 30x | |
| Bitget HIVEUSDT | +0.0100% | 4h | 0.05442 | 0.000% | $363K | $153K | 25x | as long as short |
| Extended HIVE-USD | +0.0104% | 1h | 0.05443 | +0.020% | $9K | $137K | 5x | as long as short |
| Bybit HIVEUSDT | +0.0397% | 4h | 0.05449 | +0.129% | $862K | $150K | 25x | as long as short |
Binance HIVEUSDT
Gate HIVE_USDT
MEXC HIVE_USDT
Bitget HIVEUSDT
Extended HIVE-USD
Bybit HIVEUSDT