Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.191%
Price spread now: Bybit against MEXC+0.055%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2062.062% of the position
Funding, last 7 days+0.360%+$36 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.055%, 7d avg +0.121%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.066% 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 +0.121%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HIVE_USDT | 0.05436 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $554K | $140K | 20x |
| Short | Bybit HIVEUSDT | 0.05439 | 0.0100 | get 0.0050% / 4h | 3h 39m | $853K | $179K | 25x |
MEXC HIVE_USDT
Bybit HIVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.055% → +0.121%
- −$6.57
- Slippage, 4 orders
- −$191.2
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$212.76
- Costs to cover
- 2.062%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 50 min ago; Bybit: live order book, 56 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, 50 min ago | 1.84 bp | 7.3 bp −$7 | 44.3 bp −$443 | 194.9 bp −$19.5K | doesn't fit |
| Sell Bybit live order book, 56 min ago | 1.84 bp | 95.0 bp −$95 | 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 | 0.05438 | +0.037% | — | $1.3M | — | as long as short |
| Binance HIVEUSDT | +0.0100% | 4h | 0.05436 | 0.000% | $1.6M | $1.6M | 25x | as long as short |
| Bybit HIVEUSDTshort | +0.0100% | 4h | 0.05439 | +0.055% | $853K | $179K | 25x | |
| Gate HIVE_USDT | +0.0100% | 4h | 0.05432 | −0.074% | $177K | $27K | 25x | as long as short |
| MEXC HIVE_USDTlong | +0.0100% | 4h | 0.05436 | long leg | $554K | $140K | 20x | |
| KuCoin HIVEUSDTM | +0.0100% | 4h | 0.05434 | −0.037% | $285K | $26K | 30x | as long as short |
| Bitget HIVEUSDT | +0.0100% | 4h | 0.05434 | −0.037% | $356K | $161K | 25x | as long as short |
| Extended HIVE-USD | +0.0104% | 1h | 0.05435 | −0.027% | $8K | $194K | 5x | as long as short |
BingX HIVE-USDT
Binance HIVEUSDT
Gate HIVE_USDT
KuCoin HIVEUSDTM
Bitget HIVEUSDT
Extended HIVE-USD