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−0.0448%/8h= −49.1% APRnext payment $2.24 per $10,000 · paid last 24h −0.039%
Price spread now: SunX against Bitget+0.034%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1851.853% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.156%−$16 on $10k
Price spread, last 3 days (all we have)+0.179%+$18 · spread now +0.034%, 7d avg +0.138%
Together, before fees+0.023%+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and SunX is 0.104% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.138%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.156% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.24 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
LongBitget BEATUSDT0.088100.0548pay 0.0274% / 4h2h 02m$1.3M$1.2M10x
ShortSunX BEAT-USDT0.088130.0100get 0.0050% / 4h2h 02m$2K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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
−$94.08
Price spread: +0.034% → +0.138%
−$10.43
Slippage, 4 orders
−$165.33
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$289.84
Costs to cover
1.853%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; SunX: live order book, 12 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 Bitget live order book, 3 min ago11.35 bp23.6 bp −$2480.8 bp −$808doesn't fitdoesn't fit
Sell SunX live order book, 12 min ago35.23 bp85.0 bp −$85doesn't fitdoesn'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%4h0.08786−0.275%$49K$33K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08796−0.159%$4.7M$2.2M25xas long as short
Variational Omni BEAT+0.0100%4h0.08793−0.188%$34K$588as long as short
SunX BEAT-USDTshort+0.0100%4h0.08813+0.034%$2K$1.4M20x
HTX BEAT-USDT+0.0263%4h0.08823+0.148%$121K$67K20xas long as short
KuCoin BEATUSDTM+0.0448%4h0.08792−0.204%$2.4M$1.2M25xas long as short
edgeX BEATUSDC+0.0469%4h0.08791−0.216%$4K$165K10xas long as short
MEXC BEAT_USDT+0.0470%4h0.08790−0.227%$5.8M$2.6M100xas long as short
Extended BEAT-USD+0.0472%1h0.08788−0.255%$5K$224K5xas long as short
Binance BEATUSDT+0.0474%4h0.08804−0.068%$8.1M$11.5M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BEAT-USDT-SWAP+0.0485%4h0.088100.000%$4.1M$11.0M10xas long as short
BingX BEAT-USDT+0.0516%4h0.08800−0.114%$7.6Mas long as short
Bitget BEATUSDTlong+0.0548%4h0.08810long leg$1.3M$1.2M10x
Gate BEAT_USDT+0.0662%8h0.08790−0.227%$3.3M$2.1M20xas long as short