BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0199%/8h= −21.7% APRnext payment −$0.99 per $10,000 · paid last 24h −0.078%

Price spread now: Bybit against BloFin−0.034%82s7-day average −0.142% · you buy dearer than you sell

Net, funding: paid 7d − costs−$190as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1701.703% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.194%−$19 on $10k

Price spread, last 3 days (all we have)−0.257%−$26 · spread now −0.034%, 7d avg −0.142%

Together, before fees−0.450%−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.107% dearer against BloFin than usual: you sell high and buy low (spread −0.034% now, against its 7-day average of −0.142%): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 7 days (−0.194% in total) that is about 3.9 days. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BEAT-USDT	0.08710	0.0299	pay 0.0149% / 4h	1h 43m	$489K	$50K	10x
Short	Bybit BEATUSDT	0.08707	0.0100	get 0.0050% / 4h	1h 43m	$4.6M	$2.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now −0.034%Rate

Funding earned: −$41.71
Price spread: −0.034% → −0.142%: $10.75
Slippage, 4 orders: −$147.34
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$201.3
Costs to cover: 1.703%
Break-even: never at this rate

Slippage from BloFin: live order book, 37 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 BloFin live order book, 37 min ago	11.40 bp	33.5 bp −$33	73.5 bp −$735	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.73 bp	58.6 bp −$59	473.7 bp −$4,737	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	0.08694	−0.189%	$48K	$30K	10x	as long as short
Bybit BEATUSDTshort	+0.0100%	4h	0.08707	−0.034%	$4.6M	$2.1M	25x
Gate BEAT_USDT	+0.0100%	8h	0.08690	−0.230%	$3.2M	$2.0M	20x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08698	−0.142%	$33K	$587	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08718	+0.092%	$2K	$1.3M	20x	as long as short
OKX BEAT-USDT-SWAP	+0.0166%	4h	0.08711	+0.011%	$4.2M	$9.9M	10x	as long as short
Bitget BEATUSDT	+0.0230%	4h	0.08700	−0.115%	$1.3M	$1.2M	10x	as long as short
HTX BEAT-USDT	+0.0260%	4h	0.08757	+0.540%	$120K	$65K	20x	as long as short
BloFin BEAT-USDTlong	+0.0299%	4h	0.08710	long leg	$489K	$50K	10x
Extended BEAT-USD	+0.0328%	1h	0.08708	−0.018%	$5K	$221K	5x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BEATUSDT	+0.0329%	4h	0.08712	+0.027%	$8.1M	$10.6M	10x	as long as short
MEXC BEAT_USDT	+0.0332%	4h	0.08710	0.000%	$5.8M	$2.4M	100x	as long as short
edgeX BEATUSDC	+0.0337%	4h	0.08701	−0.108%	$4K	$166K	10x	as long as short
BingX BEAT-USDT	+0.0346%	4h	0.08710	0.000%	—	$7.6M	—	as long as short
KuCoin BEATUSDTM	+0.0808%	4h	0.08707	−0.034%	$2.5M	$1.1M	25x	as long as short