Funding arb · Price arb /

HIVE

all HIVE markets

Swap Backtest

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: KuCoin against Gate+0.018%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,644as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,659as in the Price arb table

costs, in and out, $10k−$1,66116.611% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.172%+$17 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.018%, 7d avg −0.007%

Together, before fees+0.191%+$19 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: KuCoin is 0.026% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HIVE_USDT	0.05447	0.0100	pay 0.0050% / 4h	1h 58m	$179K	$28K	25x
Short	KuCoin HIVEUSDTM	0.05448	0.0100	get 0.0050% / 4h	1h 58m	$286K	$28K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now +0.018%Rate

Funding earned: $0
Price spread: +0.018% → −0.007%: $2.55
Slippage, 4 orders: −$1,634.08
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,658.53
Costs to cover: 16.611%
Break-even: never at this rate

Slippage from Gate: live order book, 42 min ago; KuCoin: live order book, 58 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 Gate live order book, 42 min ago	4.60 bp	410.0 bp −$410	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 58 min ago	39.21 bp	668.2 bp −$668	doesn't fit	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	0.05455	+0.147%	—	$1.3M	—	as long as short
Binance HIVEUSDT	+0.0100%	4h	0.05455	+0.153%	$1.6M	$1.6M	25x	as long as short
Gate HIVE_USDTlong	+0.0100%	4h	0.05447	long leg	$179K	$28K	25x
MEXC HIVE_USDT	+0.0100%	4h	0.05455	+0.147%	$554K	$144K	20x	as long as short
KuCoin HIVEUSDTMshort	+0.0100%	4h	0.05448	+0.018%	$286K	$28K	30x
Bitget HIVEUSDT	+0.0100%	4h	0.05452	+0.092%	$362K	$160K	25x	as long as short
Extended HIVE-USD	+0.0104%	1h	0.05451	+0.082%	$7K	$132K	5x	as long as short
Bybit HIVEUSDT	+0.0459%	4h	0.05455	+0.147%	$857K	$171K	25x	as long as short