Funding you earn now, next payment 08:00 UTC−0.0245%/8h= −26.8% APRnext payment −$1.22 per $10,000 · paid last 24h −0.170%
Price spread now: Bitget against Bybit−0.073%7-day average −0.179% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2292.285% of the position
Funding, last 7 days−0.254%−$25 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.073%, 7d avg −0.179%
=The price spread pays, funding is against you. Bitget is 0.105% dearer against Bybit than usual: you sell high and buy low (spread −0.073% now, against its 7-day average of −0.179%): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.254% in total) that is about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HIVEUSDT | 0.05443 | 0.0345 | pay 0.0172% / 4h | 2h 39m | $861K | $150K | 25x |
| Short | Bitget HIVEUSDT | 0.05439 | 0.0100 | get 0.0050% / 4h | 2h 39m | $363K | $153K | 25x |
Bybit HIVEUSDT
Bitget HIVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$51.35
- Price spread: −0.073% → −0.179%
- $10.53
- Slippage, 4 orders
- −$205.55
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$269.36
- Costs to cover
- 2.285%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; Bitget: live order book, 1 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 Bybit live order book, 6 min ago | 1.83 bp | 95.2 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 5.52 bp | 31.4 bp −$31 | 162.8 bp −$1,628 | 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-USDT | +0.0070% | 4h | 0.05445 | +0.037% | — | $1.3M | — | as long as short |
| Binance HIVEUSDT | +0.0100% | 4h | 0.05441 | −0.037% | $1.6M | $1.5M | 25x | as long as short |
| Gate HIVE_USDT | +0.0100% | 4h | 0.05430 | −0.239% | $179K | $27K | 25x | as long as short |
| MEXC HIVE_USDT | +0.0100% | 4h | 0.05435 | −0.147% | $574K | $149K | 20x | as long as short |
| KuCoin HIVEUSDTM | +0.0100% | 4h | 0.05438 | −0.092% | $285K | $27K | 30x | as long as short |
| Bitget HIVEUSDTshort | +0.0100% | 4h | 0.05439 | −0.073% | $363K | $153K | 25x | |
| Extended HIVE-USD | +0.0104% | 1h | 0.05440 | −0.063% | $9K | $137K | 5x | as long as short |
| Bybit HIVEUSDTlong | +0.0345% | 4h | 0.05443 | long leg | $861K | $150K | 25x |
BingX HIVE-USDT
Binance HIVEUSDT
Gate HIVE_USDT
MEXC HIVE_USDT
KuCoin HIVEUSDTM
Extended HIVE-USD