Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.191%
Price spread now: Gate against Bybit−0.333%7-day average −0.254% · you buy dearer than you sell
Net, funding: paid 7d − costs−$687as in the Funding arb table
Net, price: spread back to 7d avg − costs−$706as in the Price arb table
costs, in and out, $10k−$6986.981% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.333%, 7d avg −0.254%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.079% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.254%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HIVEUSDT | 0.05402 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $846K | $180K | 25x |
| Short | Gate HIVE_USDT | 0.05384 | 0.0100 | get 0.0050% / 4h | 1h 31m | $175K | $27K | 25x |
Bybit HIVEUSDT
Gate HIVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.333% → −0.254%
- −$7.91
- Slippage, 4 orders
- −$672.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$706.03
- Costs to cover
- 6.981%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 11 min ago; Gate: live order book, 7 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, 11 min ago | 1.84 bp | 86.2 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 7 min ago | 4.62 bp | 296.1 bp −$296 | doesn't fit | doesn't fit | doesn't fit |
HIVE on 8 exchanges
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 | 0.05393 | −0.167% | — | $1.3M | — | as long as short |
| Binance HIVEUSDT | +0.0100% | 4h | 0.05391 | −0.204% | $1.6M | $1.3M | 25x | as long as short |
| Bybit HIVEUSDTlong | +0.0100% | 4h | 0.05402 | long leg | $846K | $180K | 25x | |
| Gate HIVE_USDTshort | +0.0100% | 4h | 0.05384 | −0.333% | $175K | $27K | 25x | |
| MEXC HIVE_USDT | +0.0100% | 4h | 0.05392 | −0.185% | $545K | $135K | 20x | as long as short |
| KuCoin HIVEUSDTM | +0.0100% | 4h | 0.05391 | −0.204% | $282K | $22K | 30x | as long as short |
| Bitget HIVEUSDT | +0.0100% | 4h | 0.05388 | −0.259% | $347K | $108K | 25x | as long as short |
| Extended HIVE-USD | +0.0104% | 1h | 0.05389 | −0.235% | $7K | $196K | 5x | as long as short |
BingX HIVE-USDT
Binance HIVEUSDT
MEXC HIVE_USDT
KuCoin HIVEUSDTM
Bitget HIVEUSDT
Extended HIVE-USD