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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HIVE_USDT | 0.05430 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $550K | $142K | 20x |
| Short | Bitget HIVEUSDT | 0.05423 | 0.0100 | get 0.0050% / 4h | 2h 21m | $355K | $136K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 24 min ago | 1.85 bp | 7.2 bp −$7 | 46.2 bp −$462 | 206.0 bp −$20.6K | doesn't fit |
| Sell Bitget live order book, 25 min ago | 5.54 bp | 28.6 bp −$29 | 139.7 bp −$1,397 | doesn't fit | doesn't fit |
HIVE on 8 exchanges
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 | 0.05424 | −0.110% | — | $1.3M | — | as long as short |
| Binance HIVEUSDT | +0.0100% | 4h | 0.05430 | +0.009% | $1.6M | $1.3M | 25x | as long as short |
| Bybit HIVEUSDT | +0.0100% | 4h | 0.05431 | +0.018% | $853K | $179K | 25x | as long as short |
| Gate HIVE_USDT | +0.0100% | 4h | 0.05418 | −0.221% | $176K | $26K | 25x | as long as short |
| MEXC HIVE_USDTlong | +0.0100% | 4h | 0.05430 | long leg | $550K | $142K | 20x | |
| KuCoin HIVEUSDTM | +0.0100% | 4h | 0.05422 | −0.147% | $284K | $23K | 30x | as long as short |
| Bitget HIVEUSDTshort | +0.0100% | 4h | 0.05423 | −0.129% | $355K | $136K | 25x | |
| Extended HIVE-USD | +0.0104% | 1h | 0.05426 | −0.066% | $7K | $197K | 5x | as long as short |
MEXC HIVE_USDT
Bitget HIVEUSDT
BingX HIVE-USDT
Binance HIVEUSDT
Bybit HIVEUSDT
Gate HIVE_USDT
KuCoin HIVEUSDTM
Extended HIVE-USD