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+0.0251%/8h= +27.5% APRnext payment +$1.25 per $10,000 · paid last 24h +0.078%
Price spread now: BloFin against SunX−0.538%55s7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1881.885% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.194%+$19 on $10k
Price spread, last 3 days (all we have)+0.295%+$29 · spread now −0.538%, 7d avg −0.088%
Together, before fees+0.489%+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.450% cheaper against SunX than usual: you would sell low and buy high (spread −0.538% now, against its 7-day average of −0.088%). If the spread goes back, that is −$45 on $10k: about 6.0 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.194% in total) that is about 16 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BEAT-USDT0.087370.0100pay 0.0050% / 4h2h 35m$1K$1.3M20x
ShortBloFin BEAT-USDT0.086900.0351get 0.0175% / 4h2h 35m$491K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$52.7
Price spread: −0.538% → −0.088%
−$45
Slippage, 4 orders
−$168.47
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$180.77
Costs to cover
1.885%
Break-even
31.0 days
Slippage from SunX: live order book, 8 min ago; BloFin: live order book, 50 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 SunX live order book, 8 min ago35.23 bp53.1 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 50 min ago17.29 bp23.3 bp −$2346.8 bp −$468493.4 bp −$49.3Kdoesn'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%4h0.08709−0.321%$48K$31K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08722−0.172%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08720−0.195%$3.2M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08654−0.955%$33K$587as long as short
SunX BEAT-USDTlong+0.0100%4h0.08737long leg$1K$1.3M20x
OKX BEAT-USDT-SWAP+0.0107%4h0.08732−0.057%$4.2M$9.8M10xas long as short
Bitget BEATUSDT+0.0234%4h0.08720−0.195%$1.3M$1.1M10xas long as short
HTX BEAT-USDT+0.0248%4h0.08766+0.332%$120K$66K20xas long as short
edgeX BEATUSDC+0.0320%4h0.08691−0.527%$4K$165K10xas long as short
BingX BEAT-USDT+0.0324%4h0.08730−0.080%$7.6Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0328%4h0.08730−0.080%$5.8M$2.4M100xas long as short
Binance BEATUSDT+0.0335%4h0.08730−0.080%$8.2M$10.5M10xas long as short
Extended BEAT-USD+0.0336%1h0.08719−0.206%$5K$221K5xas long as short
BloFin BEAT-USDTshort+0.0351%4h0.08690−0.538%$491K$49K10x
KuCoin BEATUSDTM+0.0826%4h0.08728−0.103%$2.5M$1.1M25xas long as short