Settings8H · net · $10k
Funding arb · Price arb /

HIVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.017%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1000.998% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.229%−$23 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.017%, 7d avg +0.057%
Together, before fees−0.218%−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.041% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget HIVEUSDT0.054590.0100pay 0.0050% / 4h2h 44m$364K$153K25x
ShortBinance HIVEUSDT0.054600.0100get 0.0050% / 4h2h 44m$1.6M$1.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.017% → +0.057%
−$4.05
Slippage, 4 orders
−$77.77
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$103.83
Costs to cover
0.998%
Break-even
never at this rate
Slippage from Bitget: live order book, 61 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 61 min ago4.54 bp29.2 bp −$29161.1 bp −$1,611doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.91 bp20.8 bp −$2175.5 bp −$755doesn't fitdoesn't fit

HIVE on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX HIVE-USDT+0.0070%4h0.05461+0.037%$1.3Mas long as short
Binance HIVEUSDTshort+0.0100%4h0.05460+0.017%$1.6M$1.5M25x
Gate HIVE_USDT+0.0100%4h0.05448−0.202%$179K$27K25xas long as short
MEXC HIVE_USDT+0.0100%4h0.054590.000%$576K$149K20xas long as short
KuCoin HIVEUSDTM+0.0100%4h0.05464+0.092%$287K$27K30xas long as short
Bitget HIVEUSDTlong+0.0100%4h0.05459long leg$364K$153K25x
Extended HIVE-USD+0.0104%1h0.05460+0.018%$7K$134K5xas long as short
Bybit HIVEUSDT+0.0396%4h0.05462+0.055%$865K$150K25xas long as short