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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.27 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BingX−0.109%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$780.777% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.162%−$16 on $10k
Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.109%, 7d avg +0.027%
Together, before fees−0.210%−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.136% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BEAT-USDT0.086400.0400pay 0.0200% / 4h3h 46m$7.6M
ShortBinance BEATUSDT0.086310.0346get 0.0173% / 4h3h 46m$8.1M$10.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
−$11.27
Price spread: −0.109% → +0.027%
−$13.58
Slippage, 4 orders
−$57.72
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$102.57
Costs to cover
0.777%
Break-even
never at this rate
Slippage from BingX: live order book, 1 min ago; Binance: 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 BingX live order book, 1 min ago11.59 bp23.7 bp −$2438.2 bp −$382302.3 bp −$30.2Kdoesn't fit
Sell Binance live order book, 8 min ago5.80 bp20.9 bp −$2177.4 bp −$774doesn'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%4h0.08634−0.074%$48K$30K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08630−0.116%$4.6M$2.2M25xas long as short
Variational Omni BEAT+0.0100%4h0.08591−0.571%$33K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08654+0.162%$2K$1.4M20xas long as short
OKX BEAT-USDT-SWAP+0.0261%4h0.08631−0.104%$4.2M$10.1M10xas long as short
edgeX BEATUSDC+0.0334%4h0.08603−0.426%$4K$165K10xas long as short
Extended BEAT-USD+0.0344%1h0.08648+0.094%$4K$249K5xas long as short
Gate BEAT_USDT+0.0345%8h0.08630−0.116%$3.2M$2.0M20xas long as short
MEXC BEAT_USDT+0.0346%4h0.086400.000%$5.7M$2.5M100xas long as short
Binance BEATUSDTshort+0.0346%4h0.08631−0.109%$8.1M$10.9M10x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BEAT-USDT+0.0357%4h0.08620−0.231%$485K$49K10xas long as short
BingX BEAT-USDTlong+0.0400%4h0.08640long leg$7.6M
Bitget BEATUSDT+0.0436%4h0.08650+0.116%$1.3M$1.1M10xas long as short
HTX BEAT-USDT+0.0611%4h0.08610−0.347%$118K$66K20xas long as short
KuCoin BEATUSDTM+0.0736%4h0.08639−0.012%$2.5M$1.1M25xas long as short