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−0.0124%/8h= −13.6% APRnext payment $0.62 per $10,000 · paid last 24h −0.055%
Price spread now: Bitget against BingX0.000%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$870.871% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.211%−$21 on $10k
Price spread, last 3 days (all we have)+0.029%+$3 · spread now 0.000%, 7d avg +0.052%
Together, before fees−0.182%−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.052% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.052%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BEAT-USDT0.087500.0340pay 0.0170% / 4h2h 26m$7.6M
ShortBitget BEATUSDT0.087500.0216get 0.0108% / 4h2h 26m$1.3M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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
−$26.04
Price spread: 0.000% → +0.052%
−$5.2
Slippage, 4 orders
−$65.08
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$118.32
Costs to cover
0.871%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 5 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 BingX live order book, 6 min ago11.47 bp16.5 bp −$1631.5 bp −$315273.9 bp −$27.4Kdoesn't fit
Sell Bitget live order book, 5 min ago11.47 bp23.8 bp −$2480.1 bp −$801doesn'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%4h0.08732−0.211%$48K$31K10xas long as short
Bybit BEATUSDT+0.0100%4h0.087500.000%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08730−0.229%$3.3M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08704−0.524%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08769+0.217%$1K$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0140%4h0.08755+0.057%$4.2M$9.8M10xas long as short
Bitget BEATUSDTshort+0.0216%4h0.087500.000%$1.3M$1.1M10x
HTX BEAT-USDT+0.0247%4h0.08747−0.034%$120K$66K20xas long as short
BloFin BEAT-USDT+0.0297%4h0.08740−0.114%$494K$50K10xas long as short
BingX BEAT-USDTlong+0.0340%4h0.08750long leg$7.6M
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BEATUSDC+0.0345%4h0.08714−0.414%$4K$166K10xas long as short
Extended BEAT-USD+0.0352%1h0.08757+0.084%$5K$221K5xas long as short
MEXC BEAT_USDT+0.0354%4h0.087500.000%$5.9M$2.4M100xas long as short
Binance BEATUSDT+0.0354%4h0.08759+0.099%$8.2M$10.5M10xas long as short
KuCoin BEATUSDTM+0.0836%4h0.087500.000%$2.5M$1.1M25xas long as short