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−0.0037%/8h= −4.1% APRnext payment $0.19 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against BingX−0.114%96s7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$800.799% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.163%−$16 on $10k
Price spread, last 3 days (all we have)+0.344%+$34 · spread now −0.114%, 7d avg +0.102%
Together, before fees+0.181%+$18 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 0.217% cheaper against BingX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.102%). Swap the legs. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BEAT-USDT0.087400.0488pay 0.0244% / 4h3h 17m$7.6M
ShortBloFin BEAT-USDT0.087300.0451get 0.0225% / 4h3h 17m$487K$50K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$7.87
Price spread: −0.114% → +0.102%
−$21.65
Slippage, 4 orders
−$57.93
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$109.45
Costs to cover
0.799%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 53 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, 5 min ago11.47 bp21.7 bp −$2236.3 bp −$363284.6 bp −$28.5Kdoesn't fit
Sell BloFin live order book, 53 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%4h0.08727−0.146%$48K$26K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08744+0.046%$4.7M$2.2M25xas long as short
Variational Omni BEAT+0.0100%4h0.08727−0.154%$33K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08734−0.069%$1K$1.4M20xas long as short
HTX BEAT-USDT+0.0153%4h0.08758+0.206%$120K$66K20xas long as short
OKX BEAT-USDT-SWAP+0.0287%4h0.08742+0.023%$4.2M$10.2M10xas long as short
Binance BEATUSDT+0.0399%4h0.08750+0.114%$8.2M$10.9M10xas long as short
Extended BEAT-USD+0.0400%1h0.08748+0.089%$4K$226K5xas long as short
MEXC BEAT_USDT+0.0402%4h0.08750+0.114%$5.7M$2.5M100xas long as short
edgeX BEATUSDC+0.0406%4h0.08729−0.131%$4K$165K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BEAT-USDTshort+0.0451%4h0.08730−0.114%$487K$50K10x
Gate BEAT_USDT+0.0480%8h0.087400.000%$3.3M$2.0M20xas long as short
BingX BEAT-USDTlong+0.0488%4h0.08740long leg$7.6M
Bitget BEATUSDT+0.0516%4h0.08750+0.114%$1.3M$1.1M10xas long as short
KuCoin BEATUSDTM+0.0696%4h0.08746+0.069%$2.5M$1.1M25xas long as short