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−0.0058%/8h= −6.4% APRnext payment $0.29 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against BloFin−0.229%66s7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$680.680% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.159%+$16 on $10k
Price spread, last 3 days (all we have)−0.078%−$8 · spread now −0.229%, 7d avg −0.099%
Together, before fees+0.081%+$8 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 BingX is 0.130% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.099%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.159%, so the current rate has only just turned against you. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BEAT-USDT0.087400.0438pay 0.0219% / 4h57m 55s$487K$50K10x
ShortBingX BEAT-USDT0.087200.0380get 0.0190% / 4h57m 55s$7.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$12.24
Price spread: −0.229% → −0.099%
−$13.01
Slippage, 4 orders
−$45.98
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$93.23
Costs to cover
0.680%
Break-even
never at this rate
Slippage from BloFin: live order book, 18 min ago; BingX: live order book, 5 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 BloFin live order book, 18 min ago11.52 bp17.5 bp −$1850.1 bp −$501doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago11.47 bp16.5 bp −$1631.8 bp −$318254.1 bp −$25.4Kdoesn'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%4h0.08713−0.306%$48K$30K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08716−0.275%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08710−0.343%$3.3M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08725−0.168%$34K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08724−0.183%$1K$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0170%4h0.08720−0.229%$4.2M$10.0M10xas long as short
Bitget BEATUSDT+0.0296%4h0.08730−0.114%$1.3M$1.2M10xas long as short
HTX BEAT-USDT+0.0345%4h0.08738−0.023%$120K$66K20xas long as short
BingX BEAT-USDTshort+0.0380%4h0.08720−0.229%$7.6M
edgeX BEATUSDC+0.0401%4h0.08728−0.132%$4K$165K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0420%4h0.08710−0.343%$5.8M$2.4M100xas long as short
Binance BEATUSDT+0.0422%4h0.08723−0.194%$8.1M$10.7M10xas long as short
Extended BEAT-USD+0.0424%1h0.08721−0.216%$5K$221K5xas long as short
BloFin BEAT-USDTlong+0.0438%4h0.08740long leg$487K$50K10x
KuCoin BEATUSDTM+0.0956%4h0.08720−0.229%$2.5M$1.1M25xas long as short