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−0.0039%/8h= −4.3% APRnext payment $0.20 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Binance0.000%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$740.737% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 3 days (all we have)+0.283%+$28 · spread now 0.000%, 7d avg +0.074%
Together, before fees+0.285%+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.074% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.074%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BEATUSDT0.086300.0311pay 0.0155% / 4h6m 34s$8.1M$10.8M10x
ShortBloFin BEAT-USDT0.086300.0271get 0.0136% / 4h6m 34s$485K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$8.29
Price spread: 0.000% → +0.074%
−$7.37
Slippage, 4 orders
−$51.71
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$89.37
Costs to cover
0.737%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 4 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, 3 min ago5.78 bp13.6 bp −$1491.2 bp −$912doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago11.56 bp24.2 bp −$2454.9 bp −$549559.3 bp −$55.9Kdoesn'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%4h0.08627−0.035%$48K$30K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08626−0.046%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08620−0.116%$3.2M$2.1M20xas long as short
Variational Omni BEAT+0.0100%4h0.08637+0.084%$33K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08646+0.185%$1K$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0164%4h0.086300.000%$4.1M$10.0M10xas long as short
BloFin BEAT-USDTshort+0.0271%4h0.086300.000%$485K$49K10x
MEXC BEAT_USDT+0.0308%4h0.086300.000%$5.8M$2.5M100xas long as short
Binance BEATUSDTlong+0.0311%4h0.08630long leg$8.1M$10.8M10x
edgeX BEATUSDC+0.0311%4h0.08644+0.160%$4K$165K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BEAT-USD+0.0312%1h0.08628−0.020%$5K$221K5xas long as short
HTX BEAT-USDT+0.0340%4h0.08655+0.290%$119K$65K20xas long as short
BingX BEAT-USDT+0.0356%4h0.08640+0.116%$7.6Mas long as short
Bitget BEATUSDT+0.0366%4h0.086300.000%$1.3M$1.2M10xas long as short
KuCoin BEATUSDTM+0.0694%4h0.08624−0.070%$2.5M$1.1M25xas long as short