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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BEATUSDT | 0.08950 | 0.0353 | pay 0.0176% / 4h | 2h 43m | $8.2M | $12.9M | 10x |
| Short | Bybit BEATUSDT | 0.08941 | 0.0100 | get 0.0050% / 4h | 2h 43m | $4.8M | $2.4M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 11 min ago | 5.62 bp | 18.0 bp −$18 | 133.7 bp −$1,337 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.12 bp | 88.2 bp −$88 | 514.2 bp −$5,142 | doesn't fit | doesn't fit |
BEAT on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEATUSDT | +0.0100% | 4h | 0.08944 | −0.065% | $50K | $32K | 10x | as long as short |
| Bybit BEATUSDTshort | +0.0100% | 4h | 0.08941 | −0.101% | $4.8M | $2.4M | 25x | |
| Variational Omni BEAT | +0.0100% | 4h | 0.08957 | +0.077% | $34K | $588 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08965 | +0.168% | $2K | $1.6M | 20x | as long as short |
| Bitget BEATUSDT | +0.0182% | 4h | 0.08950 | 0.000% | $1.3M | $1.4M | 10x | as long as short |
| HTX BEAT-USDT | +0.0288% | 4h | 0.08980 | +0.335% | $124K | $63K | 20x | as long as short |
| KuCoin BEATUSDTM | +0.0296% | 4h | 0.08944 | −0.067% | $2.3M | $1.3M | 25x | as long as short |
| Gate BEAT_USDT | +0.0330% | 8h | 0.08950 | 0.000% | $3.4M | $2.2M | 20x | as long as short |
| BloFin BEAT-USDT | +0.0333% | 4h | 0.08980 | +0.335% | $487K | $42K | 10x | as long as short |
| Extended BEAT-USD | +0.0352% | 1h | 0.08946 | −0.042% | $7K | $206K | 5x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BEAT_USDT | +0.0352% | 4h | 0.08930 | −0.223% | $6.0M | $2.6M | 100x | as long as short |
| Binance BEATUSDTlong | +0.0353% | 4h | 0.08950 | long leg | $8.2M | $12.9M | 10x | |
| edgeX BEATUSDC | +0.0355% | 4h | 0.08966 | +0.176% | $4K | $166K | 10x | as long as short |
| OKX BEAT-USDT-SWAP | +0.0563% | 4h | 0.08944 | −0.067% | $4.2M | $12.3M | 10x | as long as short |
| BingX BEAT-USDT | +0.0570% | 4h | 0.08950 | 0.000% | — | $7.6M | — | as long as short |
Binance BEATUSDT
Bybit BEATUSDT
Aster BEATUSDT
Variational Omni BEAT
SunX BEAT-USDT
Bitget BEATUSDT
HTX BEAT-USDT
KuCoin BEATUSDTM
Gate BEAT_USDT
BloFin BEAT-USDT
Extended BEAT-USD
MEXC BEAT_USDT
edgeX BEATUSDC
OKX BEAT-USDT-SWAP
BingX BEAT-USDT