Funding you earn now, next payment 04:00 UTC+0.0344%/8h= +37.7% APRnext payment +$1.72 per $10,000 · paid last 24h +0.039%
Price spread now: Bitget against Bybit+0.069%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1401.402% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.069%, 7d avg +0.096%
=Funding pays, the price is against you. Bitget is 0.026% cheaper against Bybit than usual: you would sell low and buy high (spread +0.069% now, against its 7-day average of +0.096%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.156% in total) that is about 28 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.156% in total (about 8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.72 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 | Bybit BEATUSDT | 0.08634 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $4.6M | $2.2M | 25x |
| Short | Bitget BEATUSDT | 0.08640 | 0.0444 | get 0.0222% / 4h | 3h 44m | $1.3M | $1.1M | 10x |
Bybit BEATUSDT
Bitget BEATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $72.24
- Price spread: +0.069% → +0.096%
- −$2.65
- Slippage, 4 orders
- −$117.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$70.65
- Costs to cover
- 1.402%
- Break-even
- 13.8 days
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 2 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 Bybit live order book, 4 min ago | 0.58 bp | 51.5 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 5.78 bp | 19.0 bp −$19 | 63.1 bp −$631 | 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 | 0.08626 | −0.090% | $48K | $30K | 10x | as long as short |
| Bybit BEATUSDTlong | +0.0100% | 4h | 0.08634 | long leg | $4.6M | $2.2M | 25x | |
| Variational Omni BEAT | +0.0100% | 4h | 0.08635 | +0.008% | $33K | $588 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08634 | 0.000% | $2K | $1.4M | 20x | as long as short |
| OKX BEAT-USDT-SWAP | +0.0250% | 4h | 0.08644 | +0.116% | $4.2M | $10.1M | 10x | as long as short |
| edgeX BEATUSDC | +0.0334% | 4h | 0.08603 | −0.357% | $4K | $165K | 10x | as long as short |
| MEXC BEAT_USDT | +0.0360% | 4h | 0.08620 | −0.162% | $5.6M | $2.5M | 100x | as long as short |
| Binance BEATUSDT | +0.0365% | 4h | 0.08633 | −0.011% | $8.1M | $10.9M | 10x | as long as short |
| Extended BEAT-USD | +0.0368% | 1h | 0.08629 | −0.052% | $6K | $251K | 5x | as long as short |
| BloFin BEAT-USDT | +0.0374% | 4h | 0.08660 | +0.301% | $482K | $49K | 10x | as long as short |
Aster BEATUSDT
Variational Omni BEAT
SunX BEAT-USDT
OKX BEAT-USDT-SWAP
edgeX BEATUSDC
MEXC BEAT_USDT
Binance BEATUSDT
Extended BEAT-USD
BloFin BEAT-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BEAT-USDT | +0.0400% | 4h | 0.08640 | +0.069% | — | $7.6M | — | as long as short |
| Bitget BEATUSDTshort | +0.0444% | 4h | 0.08640 | +0.069% | $1.3M | $1.1M | 10x | |
| Gate BEAT_USDT | +0.0450% | 8h | 0.08620 | −0.162% | $3.2M | $2.0M | 20x | as long as short |
| HTX BEAT-USDT | +0.0472% | 4h | 0.08659 | +0.290% | $119K | $67K | 20x | as long as short |
| KuCoin BEATUSDTM | +0.0748% | 4h | 0.08639 | +0.058% | $2.5M | $1.1M | 25x | as long as short |
BingX BEAT-USDT
Gate BEAT_USDT
HTX BEAT-USDT
KuCoin BEATUSDTM