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

HIVE

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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: KuCoin against MEXC+0.109%7-day average −0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,235as 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)−0.309%−$31 · spread now +0.109%, 7d avg −0.141%
Together, before fees+0.293%+$29 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: KuCoin is 0.250% dearer against MEXC than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.141%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC HIVE_USDT0.055020.0100pay 0.0050% / 4h23m 26s$589K$151K20x
ShortKuCoin HIVEUSDTM0.055080.0100get 0.0050% / 4h23m 26s$295K$27K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.109% → −0.141%
$24.98
Slippage, 4 orders
−$1,244.06
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,235.09
Costs to cover
12.601%
Break-even
never at this rate
Slippage from MEXC: live order book, 27 min ago; KuCoin: live order book, 58 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, 27 min ago2.73 bp7.4 bp −$735.4 bp −$354188.3 bp −$18.8Kdoesn't fit
Sell KuCoin live order book, 58 min ago31.74 bp660.0 bp −$660doesn't fitdoesn'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%4h0.055020.000%$1.3Mas long as short
Binance HIVEUSDT+0.0100%4h0.05503+0.019%$1.6M$1.5M25xas long as short
Gate HIVE_USDT+0.0100%4h0.05491−0.200%$181K$26K25xas long as short
MEXC HIVE_USDTlong+0.0100%4h0.05502long leg$589K$151K20x
KuCoin HIVEUSDTMshort+0.0100%4h0.05508+0.109%$295K$27K30x
Bitget HIVEUSDT+0.0100%4h0.05499−0.055%$368K$156K25xas long as short
Extended HIVE-USD+0.0104%1h0.05502+0.005%$7K$88K5xas long as short
Bybit HIVEUSDT+0.0599%4h0.055020.000%$877K$137K25xas long as short