Funding you earn now, next payment 04:00 UTC+0.0378%/8h= +41.4% APRnext payment +$1.89 per $10,000 · paid last 24h +0.075%
Price spread now: BloFin against Bybit−0.034%7-day average +0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$1961.958% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)+0.437%+$44 · spread now −0.034%, 7d avg +0.137%
=Funding pays, the price is against you. BloFin is 0.171% cheaper against Bybit than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.137%). If the spread goes back, that is −$17 on $10k: about 36 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.204% in total) that is about 5.9 days.
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 +$1.89 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 | 0.08853 | 0.0100 | pay 0.0050% / 4h | 1m 17s | $4.7M | $2.3M | 25x |
| Short | BloFin BEAT-USDT | 0.08850 | 0.0478 | get 0.0239% / 4h | 1m 17s | $484K | $41K | 10x |
Bybit BEATUSDT
BloFin BEAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $79.33
- Price spread: −0.034% → +0.137%
- −$17.05
- Slippage, 4 orders
- −$172.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$133.55
- Costs to cover
- 1.958%
- Break-even
- 18.8 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 35 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, 1 min ago | 0.56 bp | 61.8 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 35 min ago | 11.38 bp | 48.6 bp −$49 | 71.2 bp −$712 | 527.8 bp −$52.8K | 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 | 0.08855 | +0.021% | $49K | $33K | 10x | as long as short |
| Bybit BEATUSDTlong | +0.0100% | 4h | 0.08853 | long leg | $4.7M | $2.3M | 25x | |
| Variational Omni BEAT | +0.0100% | 4h | 0.08824 | −0.322% | $34K | $588 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08877 | +0.271% | $2K | $1.5M | 20x | as long as short |
| KuCoin BEATUSDTM | +0.0190% | 4h | 0.08855 | +0.023% | $2.4M | $1.3M | 25x | as long as short |
| HTX BEAT-USDT | +0.0195% | 4h | 0.08870 | +0.192% | $122K | $68K | 20x | as long as short |
| Bitget BEATUSDT | +0.0306% | 4h | 0.08870 | +0.192% | $1.3M | $1.2M | 10x | as long as short |
| Gate BEAT_USDT | +0.0314% | 8h | 0.08840 | −0.147% | $3.3M | $2.1M | 20x | as long as short |
| Extended BEAT-USD | +0.0424% | 1h | 0.08857 | +0.050% | $5K | $225K | 5x | as long as short |
| MEXC BEAT_USDT | +0.0424% | 4h | 0.08860 | +0.079% | $5.8M | $2.5M | 100x | as long as short |
Aster BEATUSDT
Variational Omni BEAT
SunX BEAT-USDT
KuCoin BEATUSDTM
HTX BEAT-USDT
Bitget BEATUSDT
Gate BEAT_USDT
Extended BEAT-USD
MEXC BEAT_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BEATUSDT | +0.0425% | 4h | 0.08860 | +0.079% | $8.1M | $12.0M | 10x | as long as short |
| edgeX BEATUSDC | +0.0425% | 4h | 0.08853 | −0.005% | $4K | $166K | 10x | as long as short |
| BloFin BEAT-USDTshort | +0.0478% | 4h | 0.08850 | −0.034% | $484K | $41K | 10x | |
| BingX BEAT-USDT | +0.0666% | 4h | 0.08860 | +0.079% | — | $7.6M | — | as long as short |
| OKX BEAT-USDT-SWAP | +0.0688% | 4h | 0.08865 | +0.136% | $4.1M | $11.5M | 10x | as long as short |
Binance BEATUSDT
edgeX BEATUSDC
BingX BEAT-USDT
OKX BEAT-USDT-SWAP