BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against MEXC−0.337%64s7-day average +0.140% · you buy dearer than you sell

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$900.903% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.681%+$68 · spread now −0.337%, 7d avg +0.140%

Together, before fees+0.683%+$68 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.477% cheaper against MEXC than usual: you would sell low and buy high (spread −0.337% now, against its 7-day average of +0.140%). If the spread goes back, that is −$48 on $10k: about 40 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.002% in total) that is about years. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BEAT_USDT	0.08900	0.0312	pay 0.0156% / 4h	2h 56m	$6.0M	$2.6M	100x
Short	BloFin BEAT-USDT	0.08870	0.0352	get 0.0176% / 4h	2h 56m	$390K	$42K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now −0.337%Rate

Funding earned: $8.39
Price spread: −0.337% → +0.140%: −$47.66
Slippage, 4 orders: −$78.29
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$129.56
Costs to cover: 0.903%
Break-even: 115.1 days

Slippage from MEXC: 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 MEXC live order book, 1 min ago	11.22 bp	12.2 bp −$12	96.7 bp −$967	403.6 bp −$40.4K	doesn't fit
Sell BloFin live order book, 35 min ago	16.68 bp	35.5 bp −$35	74.2 bp −$742	560.1 bp −$56.0K	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	0.08890	−0.116%	$50K	$32K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08897	−0.034%	$4.8M	$2.4M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08879	−0.237%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08915	+0.169%	$2K	$1.6M	20x	as long as short
Bitget BEATUSDT	+0.0176%	4h	0.08900	0.000%	$1.3M	$1.4M	10x	as long as short
KuCoin BEATUSDTM	+0.0206%	4h	0.08909	+0.101%	$2.3M	$1.3M	25x	as long as short
Gate BEAT_USDT	+0.0262%	8h	0.08890	−0.112%	$3.3M	$2.2M	20x	as long as short
MEXC BEAT_USDTlong	+0.0312%	4h	0.08900	long leg	$6.0M	$2.6M	100x
edgeX BEATUSDC	+0.0314%	4h	0.08879	−0.231%	$4K	$166K	10x	as long as short
HTX BEAT-USDT	+0.0319%	4h	0.08945	+0.506%	$123K	$62K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BEAT-USD	+0.0328%	1h	0.08904	+0.050%	$7K	$206K	5x	as long as short
Binance BEATUSDT	+0.0330%	4h	0.08905	+0.061%	$8.1M	$12.9M	10x	as long as short
BloFin BEAT-USDTshort	+0.0352%	4h	0.08870	−0.337%	$390K	$42K	10x
BingX BEAT-USDT	+0.0546%	4h	0.08900	0.000%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAP	+0.0590%	4h	0.08904	+0.045%	$4.2M	$12.2M	10x	as long as short