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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.05 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against Binance−0.115%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$750.748% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 3 days (all we have)+0.129%+$13 · spread now −0.115%, 7d avg −0.028%
Together, before fees+0.289%+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.087% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.028%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.160%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BEATUSDT0.086900.0320pay 0.0160% / 4h2h 40m$8.2M$10.4M10x
ShortBingX BEAT-USDT0.086800.0310get 0.0155% / 4h2h 40m$7.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
−$2.04
Price spread: −0.115% → −0.028%
−$8.72
Slippage, 4 orders
−$54.85
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$85.6
Costs to cover
0.748%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; BingX: live order book, 3 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 Binance live order book, 15 min ago5.79 bp19.7 bp −$2068.6 bp −$686doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago11.56 bp16.6 bp −$1730.5 bp −$305230.4 bp −$23.0Kdoesn't fit

BEAT on 15 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
Aster BEATUSDT+0.0100%4h0.08672−0.206%$48K$31K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08676−0.161%$4.6M$2.1M25xas long as short
OKX BEAT-USDT-SWAP+0.0100%4h0.08683−0.081%$4.2M$9.7M10xas long as short
Gate BEAT_USDT+0.0100%8h0.08660−0.345%$3.2M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08654−0.420%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08705+0.173%$1K$1.3M20xas long as short
Bitget BEATUSDT+0.0238%4h0.086900.000%$1.2M$1.1M10xas long as short
HTX BEAT-USDT+0.0246%4h0.086900.000%$119K$66K20xas long as short
edgeX BEATUSDC+0.0298%4h0.08645−0.519%$4K$166K10xas long as short
BingX BEAT-USDTshort+0.0310%4h0.08680−0.115%$7.6M
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0318%4h0.08680−0.115%$5.8M$2.4M100xas long as short
Binance BEATUSDTlong+0.0320%4h0.08690long leg$8.2M$10.4M10x
Extended BEAT-USD+0.0320%1h0.08699+0.107%$5K$221K5xas long as short
BloFin BEAT-USDT+0.0332%4h0.08660−0.345%$497K$49K10xas long as short
KuCoin BEATUSDTM+0.0822%4h0.08687−0.035%$2.6M$1.1M25xas long as short