Funding you earn now, next payment 04:00 UTC−0.0412%/8h= −45.1% APRnext payment −$2.06 per $10,000 · paid last 24h −0.124%
Price spread now: Bitget against BingX−0.157%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1191.187% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.157%, 7d avg −0.075%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bitget is 0.082% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.163% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.06 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BEAM-USDT | 0.001914 | 0.0512 | pay 0.0256% / 4h | 2h 12m | — | $2.3M | — |
| Short | Bitget BEAMUSDT | 0.001911 | 0.0100 | get 0.0050% / 4h | 2h 12m | $581K | $176K | 20x |
BingX BEAM-USDT
Bitget BEAMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$86.52
- Price spread: −0.157% → −0.075%
- −$8.2
- Slippage, 4 orders
- −$96.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$213.41
- Costs to cover
- 1.187%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 53 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 BingX live order book, 7 min ago | 7.82 bp | 31.9 bp −$32 | 70.3 bp −$703 | 639.4 bp −$63.9K | 834.1 bp −$417.0K |
| Sell Bitget live order book, 53 min ago | 2.59 bp | 31.3 bp −$31 | 97.2 bp −$972 | doesn't fit | doesn't fit |
BEAM on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BEAMUSDTshort | +0.0100% | 4h | 0.001911 | −0.157% | $581K | $176K | 20x | |
| BingX BEAM-USDTlong | +0.0512% | 4h | 0.001914 | long leg | — | $2.3M | — | |
| Bybit BEAMUSDT | +0.0560% | 4h | 0.001916 | +0.084% | $1.5M | $766K | 25x | as long as short |
| Variational Omni BEAM | +0.1659% | 4h | 0.001916 | +0.120% | $82K | $141 | — | as long as short |
Bybit BEAMUSDT
Variational Omni BEAM