BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0373%/8h= −40.8% APRnext payment −$1.86 per $10,000 · paid last 24h −0.075%

Price spread now: SunX against BloFin+0.275%55s7-day average +0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$216as 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−$1951.954% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.204%−$20 on $10k

Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.275%, 7d avg +0.093%

Together, before fees−0.308%−$31 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.182% dearer against BloFin than usual: you sell high and buy low (spread +0.275% now, against its 7-day average of +0.093%): +$18 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 39 hours. At the pace of the last 7 days (−0.204% in total) that is about 6.3 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.204% in total (about -10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BEAT-USDT	0.08740	0.0473	pay 0.0236% / 4h	1h 39m	$485K	$41K	10x
Short	SunX BEAT-USDT	0.08764	0.0100	get 0.0050% / 4h	1h 39m	$1K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.275%Rate

Funding earned: −$78.24
Price spread: +0.275% → +0.093%: $18.21
Slippage, 4 orders: −$175.4
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$255.43
Costs to cover: 1.954%
Break-even: never at this rate

Slippage from BloFin: live order book, 86 min ago; SunX: live order book, 5 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, 86 min ago	11.31 bp	17.3 bp −$17	60.7 bp −$607	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	34.70 bp	87.8 bp −$88	doesn't fit	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	0.08747	+0.084%	$49K	$33K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08735	−0.057%	$4.7M	$2.2M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08739	−0.008%	$34K	$588	—	as long as short
SunX BEAT-USDTshort	+0.0100%	4h	0.08764	+0.275%	$1K	$1.4M	20x
HTX BEAT-USDT	+0.0224%	4h	0.08768	+0.320%	$120K	$67K	20x	as long as short
KuCoin BEATUSDTM	+0.0346%	4h	0.08742	+0.023%	$2.4M	$1.2M	25x	as long as short
edgeX BEATUSDC	+0.0435%	4h	0.08782	+0.480%	$4K	$164K	10x	as long as short
Binance BEATUSDT	+0.0454%	4h	0.08740	0.000%	$8.1M	$11.6M	10x	as long as short
Extended BEAT-USD	+0.0456%	1h	0.08745	+0.053%	$4K	$226K	5x	as long as short
MEXC BEAT_USDT	+0.0458%	4h	0.08740	0.000%	$5.8M	$2.5M	100x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BEAT-USDTlong	+0.0473%	4h	0.08740	long leg	$485K	$41K	10x
Bitget BEATUSDT	+0.0522%	4h	0.08750	+0.114%	$1.3M	$1.2M	10x	as long as short
BingX BEAT-USDT	+0.0526%	4h	0.08750	+0.114%	—	$7.6M	—	as long as short
Gate BEAT_USDT	+0.0536%	8h	0.08740	0.000%	$3.2M	$2.1M	20x	as long as short
OKX BEAT-USDT-SWAP	+0.0558%	4h	0.08751	+0.126%	$4.0M	$10.9M	10x	as long as short