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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0253%/8h= −27.7% APRnext payment $1.26 per $10,000 · paid last 24h −0.084%
Price spread now: Bybit against Binance−0.101%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2042.041% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.221%−$22 on $10k
Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.101%, 7d avg −0.068%
Together, before fees−0.152%−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.033% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BEATUSDT0.089500.0353pay 0.0176% / 4h2h 43m$8.2M$12.9M10x
ShortBybit BEATUSDT0.089410.0100get 0.0050% / 4h2h 43m$4.8M$2.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$53.07
Price spread: −0.101% → −0.068%
−$3.26
Slippage, 4 orders
−$183.11
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$260.44
Costs to cover
2.041%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Bybit: 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, 11 min ago5.62 bp18.0 bp −$18133.7 bp −$1,337doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.12 bp88.2 bp −$88514.2 bp −$5,142doesn't fitdoesn'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%4h0.08944−0.065%$50K$32K10xas long as short
Bybit BEATUSDTshort+0.0100%4h0.08941−0.101%$4.8M$2.4M25x
Variational Omni BEAT+0.0100%4h0.08957+0.077%$34K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08965+0.168%$2K$1.6M20xas long as short
Bitget BEATUSDT+0.0182%4h0.089500.000%$1.3M$1.4M10xas long as short
HTX BEAT-USDT+0.0288%4h0.08980+0.335%$124K$63K20xas long as short
KuCoin BEATUSDTM+0.0296%4h0.08944−0.067%$2.3M$1.3M25xas long as short
Gate BEAT_USDT+0.0330%8h0.089500.000%$3.4M$2.2M20xas long as short
BloFin BEAT-USDT+0.0333%4h0.08980+0.335%$487K$42K10xas long as short
Extended BEAT-USD+0.0352%1h0.08946−0.042%$7K$206K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0352%4h0.08930−0.223%$6.0M$2.6M100xas long as short
Binance BEATUSDTlong+0.0353%4h0.08950long leg$8.2M$12.9M10x
edgeX BEATUSDC+0.0355%4h0.08966+0.176%$4K$166K10xas long as short
OKX BEAT-USDT-SWAP+0.0563%4h0.08944−0.067%$4.2M$12.3M10xas long as short
BingX BEAT-USDT+0.0570%4h0.089500.000%$7.6Mas long as short