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−0.0163%/8h= −17.8% APRnext payment $0.81 per $10,000 · paid last 24h −0.060%
Price spread now: Bybit against HTX−0.888%7-day average −0.320% · you buy dearer than you sell
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$308as in the Price arb table
costs, in and out, $10k−$2512.508% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.288%−$29 on $10k
Price spread, last 3 days (all we have)+0.274%+$27 · spread now −0.888%, 7d avg −0.320%
Together, before fees−0.014%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.568% cheaper against HTX than usual: you would sell low and buy high (−$57 if the spread goes back to its 7-day average of −0.320%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BEAT-USDT0.087860.0263pay 0.0131% / 4h2h 16m$121K$66K20x
ShortBybit BEATUSDT0.087080.0100get 0.0050% / 4h2h 16m$4.6M$2.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
−$34.19
Price spread: −0.888% → −0.320%
−$56.79
Slippage, 4 orders
−$227.78
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$341.76
Costs to cover
2.508%
Break-even
never at this rate
Slippage from HTX: live order book, 4 min ago; Bybit: live order book, 1 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 HTX live order book, 4 min ago23.25 bp32.1 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago1.72 bp71.1 bp −$71476.2 bp −$4,762doesn'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%4h0.08710−0.865%$48K$31K10xas long as short
Bybit BEATUSDTshort+0.0100%4h0.08708−0.888%$4.6M$2.1M25x
Gate BEAT_USDT+0.0100%8h0.08710−0.865%$3.2M$2.1M20xas long as short
Variational Omni BEAT+0.0100%4h0.08773−0.153%$34K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08728−0.660%$1K$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0153%4h0.08708−0.888%$4.2M$9.8M10xas long as short
Bitget BEATUSDT+0.0210%4h0.08720−0.751%$1.3M$1.1M10xas long as short
HTX BEAT-USDTlong+0.0263%4h0.08786long leg$121K$66K20x
BloFin BEAT-USDT+0.0318%4h0.08730−0.637%$492K$50K10xas long as short
Binance BEATUSDT+0.0368%4h0.08715−0.810%$8.1M$10.6M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BEAT-USD+0.0368%1h0.08709−0.878%$5K$221K5xas long as short
MEXC BEAT_USDT+0.0372%4h0.08700−0.979%$5.9M$2.4M100xas long as short
BingX BEAT-USDT+0.0382%4h0.08710−0.865%$7.6Mas long as short
edgeX BEATUSDC+0.0382%4h0.08739−0.530%$4K$165K10xas long as short
KuCoin BEATUSDTM+0.0800%4h0.08715−0.808%$2.5M$1.1M25xas long as short