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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0330%/8h= −36.1% APRnext payment $1.65 per $10,000 · paid last 24h −0.081%
Price spread now: Bybit against MEXC+0.149%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1411.406% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.203%−$20 on $10k
Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.149%, 7d avg +0.002%
Together, before fees−0.335%−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.146% dearer against MEXC than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of +0.002%): +$15 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.203% in total) that is about 5.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.203% in total (about -10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BEAT_USDT0.087500.0430pay 0.0215% / 4h2h 30m$5.7M$2.6M100x
ShortBybit BEATUSDT0.087630.0100get 0.0050% / 4h2h 30m$4.7M$2.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
−$69.3
Price spread: +0.149% → +0.002%
$14.63
Slippage, 4 orders
−$129.63
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$195.3
Costs to cover
1.406%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: 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 MEXC live order book, 2 min ago5.70 bp14.1 bp −$1499.6 bp −$996357.0 bp −$35.7K1023.6 bp −$511.8K
Sell Bybit live order book, 3 min ago0.57 bp60.7 bp −$61489.2 bp −$4,892doesn't fitdoesn't fit

BEAT on 14 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%4h0.08751+0.011%$49K$33K10xas long as short
Bybit BEATUSDTshort+0.0100%4h0.08763+0.149%$4.7M$2.3M25x
Variational Omni BEAT+0.0100%4h0.08759+0.099%$34K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08772+0.251%$2K$1.4M20xas long as short
HTX BEAT-USDT+0.0251%4h0.08801+0.583%$121K$67K20xas long as short
OKX BEAT-USDT-SWAP+0.0308%4h0.08779+0.331%$4.1M$10.8M10xas long as short
MEXC BEAT_USDTlong+0.0430%4h0.08750long leg$5.7M$2.6M100x
edgeX BEATUSDC+0.0430%4h0.08756+0.070%$4K$165K10xas long as short
Extended BEAT-USD+0.0432%1h0.08756+0.070%$5K$225K5xas long as short
Binance BEATUSDT+0.0435%4h0.08767+0.199%$8.1M$11.5M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BEAT-USDT+0.0470%4h0.08770+0.229%$7.6Mas long as short
Bitget BEATUSDT+0.0498%4h0.08780+0.343%$1.3M$1.2M10xas long as short
KuCoin BEATUSDTM+0.0506%4h0.08753+0.034%$2.4M$1.2M25xas long as short
Gate BEAT_USDT+0.0657%8h0.08760+0.114%$3.2M$2.0M20xas long as short