Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: MEXC against BingX−0.036%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days−0.818%−$82 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.036%, 7d avg −0.035%
=The price spread sits at its 7-day average of −0.035%, 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 −0.818%, 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 | 0.05502 | 0.0070 | pay 0.0035% / 4h | 27m 35s | — | $1.3M | — |
| Short | MEXC HIVE_USDT | 0.05500 | 0.0100 | get 0.0050% / 4h | 27m 35s | $589K | $151K | 20x |
BingX HIVE-USDT
MEXC HIVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.036% → −0.035%
- −$0.18
- Slippage, 4 orders
- −$33.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$41.01
- Costs to cover
- 0.471%
- Break-even
- 52.6 days
Slippage from BingX: live order book, 3 min ago; MEXC: live order book, 22 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, 3 min ago | 3.63 bp | 16.0 bp −$16 | 33.2 bp −$332 | 359.2 bp −$35.9K | 741.8 bp −$370.9K |
| Sell MEXC live order book, 22 min ago | 2.73 bp | 7.3 bp −$7 | 40.8 bp −$408 | 198.8 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-USDTlong | +0.0070% | 4h | 0.05502 | long leg | — | $1.3M | — | |
| Binance HIVEUSDT | +0.0100% | 4h | 0.05501 | −0.027% | $1.6M | $1.5M | 25x | as long as short |
| Gate HIVE_USDT | +0.0100% | 4h | 0.05496 | −0.109% | $181K | $26K | 25x | as long as short |
| MEXC HIVE_USDTshort | +0.0100% | 4h | 0.05500 | −0.036% | $589K | $151K | 20x | |
| KuCoin HIVEUSDTM | +0.0100% | 4h | 0.05508 | +0.109% | $295K | $27K | 30x | as long as short |
| Bitget HIVEUSDT | +0.0100% | 4h | 0.05497 | −0.091% | $368K | $156K | 25x | as long as short |
| Extended HIVE-USD | +0.0104% | 1h | 0.05499 | −0.053% | $7K | $88K | 5x | as long as short |
| Bybit HIVEUSDT | +0.0646% | 4h | 0.05503 | +0.018% | $878K | $137K | 25x | as long as short |
Binance HIVEUSDT
Gate HIVE_USDT
KuCoin HIVEUSDTM
Bitget HIVEUSDT
Extended HIVE-USD
Bybit HIVEUSDT