Funding you earn now, next payment 04:00 UTC+0.0476%/8h= +52.1% APRnext payment +$2.38 per $10,000 · paid last 24h +0.124%
Price spread now: BingX against Bitget+0.052%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1181.181% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.052%, 7d avg +0.073%
=Funding pays, the price is against you. BingX is 0.021% cheaper against Bitget than usual: you would sell low and buy high (spread +0.052% now, against its 7-day average of +0.073%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.163% in total) that is about 22 hours.
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 +$2.38 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 | Bitget BEAMUSDT | 0.001918 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $583K | $178K | 20x |
| Short | BingX BEAM-USDT | 0.001919 | 0.0576 | get 0.0288% / 4h | 2h 56m | — | $2.3M | — |
Bitget BEAMUSDT
BingX BEAM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $99.96
- Price spread: +0.052% → +0.073%
- −$2.1
- Slippage, 4 orders
- −$96.13
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$20.27
- Costs to cover
- 1.181%
- Break-even
- 8.4 days
Slippage from Bitget: live order book, 8 min ago; BingX: live order book, 6 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 Bitget live order book, 8 min ago | 2.59 bp | 27.8 bp −$28 | 167.1 bp −$1,671 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 7.78 bp | 31.2 bp −$31 | 67.8 bp −$678 | 604.8 bp −$60.5K | 821.0 bp −$410.5K |
BEAM on 5 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 BEAMUSDTlong | +0.0100% | 4h | 0.001918 | long leg | $583K | $178K | 20x | |
| BingX BEAM-USDTshort | +0.0576% | 4h | 0.001919 | +0.052% | — | $2.3M | — | |
| Bybit BEAMUSDT | +0.0580% | 4h | 0.001922 | +0.188% | $1.5M | $769K | 25x | as long as short |
| BloFin BEAM-USDT | +0.0623% | 4h | 0.001920 | +0.130% | $88K | $17K | 25x | as long as short |
| Variational Omni BEAM | +0.1753% | 4h | 0.001924 | +0.308% | $83K | $141 | — | as long as short |
Bybit BEAMUSDT
BloFin BEAM-USDT
Variational Omni BEAM