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+0.0258%/8h= +28.3% APRnext payment +$1.29 per $10,000 · paid last 24h +0.081%
Price spread now: Binance against Bybit+0.092%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1641.636% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.192%+$19 on $10k
Price spread, last 3 days (all we have)−0.057%−$6 · spread now +0.092%, 7d avg +0.071%
Together, before fees+0.135%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.021% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BEATUSDT0.087320.0100pay 0.0050% / 4h1h 54m$4.6M$2.1M25x
ShortBinance BEATUSDT0.087400.0358get 0.0179% / 4h1h 54m$8.2M$10.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$54.19
Price spread: +0.092% → +0.071%
$2.09
Slippage, 4 orders
−$142.56
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$107.27
Costs to cover
1.636%
Break-even
20.9 days
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 15 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 Bybit live order book, 3 min ago5.16 bp63.1 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago5.74 bp19.6 bp −$2097.5 bp −$975doesn'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%4h0.08728−0.043%$48K$30K10xas long as short
Bybit BEATUSDTlong+0.0100%4h0.08732long leg$4.6M$2.1M25x
Gate BEAT_USDT+0.0100%8h0.08730−0.023%$3.3M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08725−0.077%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08759+0.309%$2K$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0183%4h0.08729−0.034%$4.2M$9.9M10xas long as short
Bitget BEATUSDT+0.0242%4h0.08740+0.092%$1.3M$1.2M10xas long as short
HTX BEAT-USDT+0.0329%4h0.08758+0.298%$120K$66K20xas long as short
BingX BEAT-USDT+0.0344%4h0.08730−0.023%$7.6Mas long as short
edgeX BEATUSDC+0.0344%4h0.08692−0.454%$4K$164K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BEAT-USD+0.0352%1h0.08749+0.189%$5K$221K5xas long as short
MEXC BEAT_USDT+0.0352%4h0.08730−0.023%$5.9M$2.4M100xas long as short
BloFin BEAT-USDT+0.0356%4h0.08750+0.206%$490K$50K10xas long as short
Binance BEATUSDTshort+0.0358%4h0.08740+0.092%$8.2M$10.6M10x
KuCoin BEATUSDTM+0.0796%4h0.08745+0.149%$2.5M$1.1M25xas long as short