BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0346%/8h= −37.9% APRnext payment −$1.73 per $10,000 · paid last 24h −0.081%

Price spread now: SunX against Binance−0.510%46s7-day average +0.163% · you buy dearer than you sell

Net, funding: paid 7d − costs−$199as 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−$1791.785% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.204%−$20 on $10k

Price spread, last 3 days (all we have)+0.787%+$79 · spread now −0.510%, 7d avg +0.163%

Together, before fees+0.583%+$58 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 0.673% cheaper against Binance than usual: you would sell low and buy high (−$67 if the spread goes back to its 7-day average of +0.163%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

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 −$1.73 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	Binance BEATUSDT	0.08820	0.0446	pay 0.0223% / 4h	1h 56m	$8.2M	$11.5M	10x
Short	SunX BEAT-USDT	0.08775	0.0100	get 0.0050% / 4h	1h 56m	$2K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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 BinancebpFee SunXbpOrdersPrice spread, now −0.510%Rate

Funding earned: −$72.69
Price spread: −0.510% → +0.163%: −$67.3
Slippage, 4 orders: −$160.53
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$318.52
Costs to cover: 1.785%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; SunX: live order book, 8 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 Binance live order book, 14 min ago	5.70 bp	17.8 bp −$18	87.4 bp −$874	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	51.11 bp	69.4 bp −$69	doesn't fit	doesn't fit	doesn't fit

BEAT on 14 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	0.08773	−0.536%	$49K	$33K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08816	−0.045%	$4.7M	$2.2M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08763	−0.647%	$34K	$588	—	as long as short
SunX BEAT-USDTshort	+0.0100%	4h	0.08775	−0.510%	$2K	$1.4M	20x
HTX BEAT-USDT	+0.0198%	4h	0.08803	−0.193%	$121K	$67K	20x	as long as short
KuCoin BEATUSDTM	+0.0432%	4h	0.08822	+0.023%	$2.4M	$1.2M	25x	as long as short
Binance BEATUSDTlong	+0.0446%	4h	0.08820	long leg	$8.2M	$11.5M	10x
MEXC BEAT_USDT	+0.0454%	4h	0.08820	0.000%	$5.8M	$2.5M	100x	as long as short
Extended BEAT-USD	+0.0456%	1h	0.08801	−0.215%	$5K	$224K	5x	as long as short
edgeX BEATUSDC	+0.0476%	4h	0.08777	−0.491%	$4K	$166K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BEAT-USDT-SWAP	+0.0501%	4h	0.08832	+0.136%	$4.1M	$10.9M	10x	as long as short
BingX BEAT-USDT	+0.0512%	4h	0.08830	+0.113%	—	$7.6M	—	as long as short
Bitget BEATUSDT	+0.0530%	4h	0.08830	+0.113%	$1.3M	$1.2M	10x	as long as short
Gate BEAT_USDT	+0.0614%	8h	0.08780	−0.454%	$3.3M	$2.0M	20x	as long as short