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

HIVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.128%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$671as in the Funding arb table
Net, price: spread back to 7d avg − costs−$645as in the Price arb table
costs, in and out, $10k−$6516.507% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.198%−$20 on $10k
Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.128%, 7d avg +0.075%
Together, before fees−0.164%−$16 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: Bitget is 0.053% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate HIVE_USDT0.054860.0100pay 0.0050% / 4h32m 00s$181K$26K25x
ShortBitget HIVEUSDT0.054930.0100get 0.0050% / 4h32m 00s$367K$156K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: +0.128% → +0.075%
$5.3
Slippage, 4 orders
−$623.67
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$645.38
Costs to cover
6.507%
Break-even
never at this rate
Slippage from Gate: live order book, 19 min ago; Bitget: live order book, 18 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 Gate live order book, 19 min ago3.65 bp302.8 bp −$303doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 18 min ago5.47 bp26.4 bp −$26172.8 bp −$1,728doesn'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%4h0.05497+0.201%$1.3Mas long as short
Binance HIVEUSDT+0.0100%4h0.05505+0.346%$1.6M$1.5M25xas long as short
Gate HIVE_USDTlong+0.0100%4h0.05486long leg$181K$26K25x
MEXC HIVE_USDT+0.0100%4h0.05503+0.310%$589K$151K20xas long as short
KuCoin HIVEUSDTM+0.0100%4h0.05491+0.091%$294K$27K30xas long as short
Bitget HIVEUSDTshort+0.0100%4h0.05493+0.128%$367K$156K25x
Extended HIVE-USD+0.0104%1h0.05501+0.271%$7K$88K5xas long as short
Bybit HIVEUSDT+0.0604%4h0.05509+0.419%$879K$138K25xas long as short