Settings8H · net · $10k
Funding arb · Price arb /

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0358%/8h= +39.2% APRnext payment +$1.79 per $10,000 · paid last 24h +0.015%
Price spread now: BingX against BloFin+0.223%66s7-day average −0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1001.002% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 4 days (all we have)−0.529%−$53 · spread now +0.223%, 7d avg −0.091%
Together, before fees−0.370%−$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BingX is 0.314% dearer against BloFin than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.091%. The two prices were read 66 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 0.160% in total (about 8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.79 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
LongBloFin BEAT-USDT0.089700.0320pay 0.0160% / 4h3h 24m$490K$42K10x
ShortBingX BEAT-USDT0.089900.0678get 0.0339% / 4h3h 24m$7.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$75.15
Price spread: +0.223% → −0.091%
$31.44
Slippage, 4 orders
−$78.18
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
$6.41
Costs to cover
1.002%
Break-even
6.4 days
Slippage from BloFin: live order book, 7 min ago; BingX: live order book, 14 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 BloFin live order book, 7 min ago16.68 bp28.8 bp −$29109.6 bp −$1,096doesn't fitdoesn't fit
Sell BingX live order book, 14 min ago11.20 bp19.7 bp −$2037.8 bp −$378308.2 bp −$30.8Kdoesn'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%4h0.08986+0.178%$50K$32K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08980+0.111%$4.8M$2.3M25xas long as short
Variational Omni BEAT+0.0100%4h0.08962−0.091%$34K$588as long as short
SunX BEAT-USDT+0.0100%4h0.09005+0.390%$2K$1.5M20xas long as short
HTX BEAT-USDT+0.0100%4h0.08979+0.100%$123K$72K20xas long as short
KuCoin BEATUSDTM+0.0140%4h0.08989+0.212%$2.4M$1.3M25xas long as short
Bitget BEATUSDT+0.0222%4h0.08990+0.223%$1.4M$1.3M10xas long as short
Gate BEAT_USDT+0.0272%8h0.089700.000%$3.3M$2.2M20xas long as short
BloFin BEAT-USDTlong+0.0320%4h0.08970long leg$490K$42K10x
Extended BEAT-USD+0.0368%1h0.08987+0.195%$4K$223K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BEATUSDT+0.0369%4h0.08988+0.205%$8.3M$12.4M10xas long as short
MEXC BEAT_USDT+0.0370%4h0.08980+0.111%$5.9M$2.6M100xas long as short
edgeX BEATUSDC+0.0386%4h0.08970+0.005%$4K$165K10xas long as short
OKX BEAT-USDT-SWAP+0.0677%4h0.08998+0.312%$4.2M$12.0M10xas long as short
BingX BEAT-USDTshort+0.0678%4h0.08990+0.223%$7.6M