Settings8H · net · $10k
Funding arb · Price arb /

BEAT

all BEAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0210%/8h= +23.0% APRnext payment +$1.05 per $10,000 · paid last 24h +0.079%
Price spread now: BingX against Bybit+0.069%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1481.476% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.353%+$35 on $10k
Price spread, last 3 days (all we have)−0.021%−$2 · spread now +0.069%, 7d avg +0.043%
Together, before fees+0.332%+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.026% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BEATUSDT0.086840.0100pay 0.0050% / 4h2h 39m$4.6M$2.1M25x
ShortBingX BEAT-USDT0.086900.0310get 0.0155% / 4h2h 39m$7.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$44.1
Price spread: +0.069% → +0.043%
$2.63
Slippage, 4 orders
−$126.63
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$100.9
Costs to cover
1.476%
Break-even
23.0 days
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 3 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 ago1.16 bp51.4 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago11.56 bp16.6 bp −$1730.5 bp −$305230.4 bp −$23.0Kdoesn'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%4h0.08673−0.132%$48K$31K10xas long as short
Bybit BEATUSDTlong+0.0100%4h0.08684long leg$4.6M$2.1M25x
OKX BEAT-USDT-SWAP+0.0100%4h0.08691+0.081%$4.2M$9.7M10xas long as short
Gate BEAT_USDT+0.0100%8h0.08670−0.161%$3.2M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08654−0.351%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08705+0.242%$1K$1.3M20xas long as short
Bitget BEATUSDT+0.0238%4h0.08690+0.069%$1.2M$1.1M10xas long as short
HTX BEAT-USDT+0.0246%4h0.08690+0.069%$119K$66K20xas long as short
edgeX BEATUSDC+0.0298%4h0.08645−0.450%$4K$166K10xas long as short
BingX BEAT-USDTshort+0.0310%4h0.08690+0.069%$7.6M
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0318%4h0.08690+0.069%$5.8M$2.4M100xas long as short
Extended BEAT-USD+0.0320%1h0.08689+0.055%$5K$221K5xas long as short
Binance BEATUSDT+0.0325%4h0.08690+0.069%$8.2M$10.4M10xas long as short
BloFin BEAT-USDT+0.0332%4h0.08660−0.276%$497K$49K10xas long as short
KuCoin BEATUSDTM+0.0826%4h0.08694+0.115%$2.6M$1.1M25xas long as short