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

HIVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC−0.129%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.206%+$21 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.129%, 7d avg −0.056%
Together, before fees+0.230%+$23 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 0.073% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC HIVE_USDT0.054300.0100pay 0.0050% / 4h2h 21m$550K$142K20x
ShortBitget HIVEUSDT0.054230.0100get 0.0050% / 4h2h 21m$355K$136K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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: −0.129% → −0.056%
−$7.33
Slippage, 4 orders
−$48.35
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$71.68
Costs to cover
0.644%
Break-even
never at this rate
Slippage from MEXC: live order book, 24 min ago; Bitget: live order book, 25 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 MEXC live order book, 24 min ago1.85 bp7.2 bp −$746.2 bp −$462206.0 bp −$20.6Kdoesn't fit
Sell Bitget live order book, 25 min ago5.54 bp28.6 bp −$29139.7 bp −$1,397doesn't fitdoesn't fit

HIVE on 8 exchanges

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%4h0.05424−0.110%$1.3Mas long as short
Binance HIVEUSDT+0.0100%4h0.05430+0.009%$1.6M$1.3M25xas long as short
Bybit HIVEUSDT+0.0100%4h0.05431+0.018%$853K$179K25xas long as short
Gate HIVE_USDT+0.0100%4h0.05418−0.221%$176K$26K25xas long as short
MEXC HIVE_USDTlong+0.0100%4h0.05430long leg$550K$142K20x
KuCoin HIVEUSDTM+0.0100%4h0.05422−0.147%$284K$23K30xas long as short
Bitget HIVEUSDTshort+0.0100%4h0.05423−0.129%$355K$136K25x
Extended HIVE-USD+0.0104%1h0.05426−0.066%$7K$197K5xas long as short