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−0.0126%/8h= −13.8% APRnext payment $0.63 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against BingX−0.114%7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$760.763% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.163%−$16 on $10k
Price spread, last 4 days (all we have)+1.033%+$103 · spread now −0.114%, 7d avg +0.099%
Together, before fees+0.871%+$87 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 BloFin is 0.213% cheaper against BingX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.099%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BEAT-USDT0.087800.0626pay 0.0313% / 4h1h 08m$7.6M
ShortBloFin BEAT-USDT0.087700.0500get 0.0250% / 4h1h 08m$479K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$26.52
Price spread: −0.114% → +0.099%
−$21.32
Slippage, 4 orders
−$54.34
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$124.18
Costs to cover
0.763%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 32 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, 9 min ago11.36 bp16.4 bp −$1637.8 bp −$378285.4 bp −$28.5Kdoesn't fit
Sell BloFin live order book, 32 min ago5.72 bp11.7 bp −$1249.2 bp −$492546.4 bp −$54.6Kdoesn'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%4h0.08771−0.106%$49K$34K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08772−0.091%$4.7M$2.3M25xas long as short
Variational Omni BEAT+0.0100%4h0.08795+0.174%$34K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08796+0.182%$1K$1.5M20xas long as short
HTX BEAT-USDT+0.0233%4h0.08850+0.797%$121K$67K20xas long as short
KuCoin BEATUSDTM+0.0284%4h0.08774−0.068%$2.3M$1.2M25xas long as short
Bitget BEATUSDT+0.0462%4h0.08790+0.114%$1.3M$1.2M10xas long as short
MEXC BEAT_USDT+0.0472%4h0.087800.000%$5.8M$2.5M100xas long as short
edgeX BEATUSDC+0.0476%4h0.08802+0.256%$4K$165K10xas long as short
Binance BEATUSDT+0.0477%4h0.087800.000%$8.1M$11.8M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BEAT-USD+0.0480%1h0.08782+0.025%$7K$226K5xas long as short
BloFin BEAT-USDTshort+0.0500%4h0.08770−0.114%$479K$40K10x
Gate BEAT_USDT+0.0566%8h0.08770−0.114%$3.3M$2.1M20xas long as short
BingX BEAT-USDTlong+0.0626%4h0.08780long leg$7.6M
OKX BEAT-USDT-SWAP+0.0674%4h0.087800.000%$4.1M$11.0M10xas long as short