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

HIVE

all HIVE markets
SwapBacktest
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 KuCoin−0.182%7-day average +0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,332as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,326as in the Price arb table
costs, in and out, $10k−$1,30012.998% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.317%−$32 on $10k
Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.182%, 7d avg +0.084%
Together, before fees−0.041%−$4 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 0.266% cheaper against KuCoin than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HIVEUSDTM0.055080.0100pay 0.0050% / 4h27m 06s$295K$27K30x
ShortBitget HIVEUSDT0.054980.0100get 0.0050% / 4h27m 06s$368K$156K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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: −0.182% → +0.084%
−$26.59
Slippage, 4 orders
−$1,275.8
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$1,326.39
Costs to cover
12.998%
Break-even
never at this rate
Slippage from KuCoin: live order book, 54 min ago; Bitget: live order book, 23 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 KuCoin live order book, 54 min ago31.74 bp585.4 bp −$585doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 23 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%4h0.05503−0.091%$1.3Mas long as short
Binance HIVEUSDT+0.0100%4h0.05503−0.086%$1.6M$1.5M25xas long as short
Gate HIVE_USDT+0.0100%4h0.05495−0.236%$181K$26K25xas long as short
MEXC HIVE_USDT+0.0100%4h0.05500−0.145%$589K$151K20xas long as short
KuCoin HIVEUSDTMlong+0.0100%4h0.05508long leg$295K$27K30x
Bitget HIVEUSDTshort+0.0100%4h0.05498−0.182%$368K$156K25x
Extended HIVE-USD+0.0104%1h0.05498−0.173%$7K$88K5xas long as short
Bybit HIVEUSDT+0.0632%4h0.05507−0.018%$878K$137K25xas long as short