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−0.0235%/8h= −25.7% APRnext payment $1.17 per $10,000 · paid last 24h −0.081%
Price spread now: SunX against Binance+0.114%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1741.740% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.192%−$19 on $10k
Price spread, last 3 days (all we have)+0.482%+$48 · spread now +0.114%, 7d avg +0.159%
Together, before fees+0.290%+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.045% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.159%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BEATUSDT0.087270.0335pay 0.0167% / 4h2h 36m$8.2M$10.5M10x
ShortSunX BEAT-USDT0.087370.0100get 0.0050% / 4h2h 36m$1K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$49.28
Price spread: +0.114% → +0.159%
−$4.5
Slippage, 4 orders
−$156.02
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$227.8
Costs to cover
1.740%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; SunX: live order book, 8 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, 4 min ago5.75 bp14.2 bp −$14103.1 bp −$1,031doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago35.23 bp84.8 bp −$85doesn't fitdoesn'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%4h0.08707−0.230%$48K$31K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08721−0.069%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08710−0.195%$3.2M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08654−0.842%$33K$587as long as short
SunX BEAT-USDTshort+0.0100%4h0.08737+0.114%$1K$1.3M20x
OKX BEAT-USDT-SWAP+0.0107%4h0.08733+0.068%$4.2M$9.8M10xas long as short
Bitget BEATUSDT+0.0234%4h0.08720−0.081%$1.3M$1.1M10xas long as short
HTX BEAT-USDT+0.0248%4h0.08766+0.446%$120K$66K20xas long as short
edgeX BEATUSDC+0.0320%4h0.08691−0.413%$4K$165K10xas long as short
BingX BEAT-USDT+0.0324%4h0.08720−0.081%$7.6Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0328%4h0.08730+0.034%$5.8M$2.4M100xas long as short
Binance BEATUSDTlong+0.0335%4h0.08727long leg$8.2M$10.5M10x
Extended BEAT-USD+0.0336%1h0.08719−0.092%$5K$221K5xas long as short
BloFin BEAT-USDT+0.0351%4h0.08690−0.425%$491K$49K10xas long as short
KuCoin BEATUSDTM+0.0826%4h0.08724−0.035%$2.6M$1.1M25xas long as short