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: MEXC against KuCoin−0.036%7-day average +0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,278as in the Price arb table
costs, in and out, $10k−$1,26012.601% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.603%−$60 on $10k
Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.036%, 7d avg +0.141%
Together, before fees−0.366%−$37 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: MEXC is 0.177% cheaper against KuCoin than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.141%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HIVEUSDTM0.055030.0100pay 0.0050% / 4h21m 30s$295K$27K30x
ShortMEXC HIVE_USDT0.055010.0100get 0.0050% / 4h21m 30s$589K$151K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.036% → +0.141%
−$17.71
Slippage, 4 orders
−$1,244.06
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$1,277.77
Costs to cover
12.601%
Break-even
never at this rate
Slippage from KuCoin: live order book, 60 min ago; MEXC: live order book, 28 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, 60 min ago31.74 bp585.4 bp −$585doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 28 min ago2.73 bp7.3 bp −$740.8 bp −$408198.8 bp −$19.9Kdoesn'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%4h0.05502−0.018%$1.3Mas long as short
Binance HIVEUSDT+0.0100%4h0.05496−0.131%$1.6M$1.5M25xas long as short
Gate HIVE_USDT+0.0100%4h0.05491−0.218%$181K$26K25xas long as short
MEXC HIVE_USDTshort+0.0100%4h0.05501−0.036%$589K$151K20x
KuCoin HIVEUSDTMlong+0.0100%4h0.05503long leg$295K$27K30x
Bitget HIVEUSDT+0.0100%4h0.05493−0.182%$367K$156K25xas long as short
Extended HIVE-USD+0.0104%1h0.05501−0.044%$7K$88K5xas long as short
Bybit HIVEUSDT+0.0583%4h0.05501−0.036%$877K$137K25xas long as short