BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0238%/8h= −26.1% APRnext payment −$1.19 per $10,000 · paid last 24h −0.032%

Price spread now: Bitget against BloFin+0.111%75s7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$115as 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−$1091.092% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 4 days (all we have)−0.341%−$34 · spread now +0.111%, 7d avg −0.032%

Together, before fees−0.396%−$40 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.144% dearer against BloFin than usual: you sell high and buy low (spread +0.111% now, against its 7-day average of −0.032%): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.0 days. At the pace of the last 7 days (−0.055% in total) that is about 18 days. The two prices were read 75 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 -0.055% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.19 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	BloFin BEAT-USDT	0.08990	0.0436	pay 0.0218% / 4h	1h 57m	$482K	$43K	10x
Short	Bitget BEATUSDT	0.09000	0.0198	get 0.0099% / 4h	1h 57m	$1.3M	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee BloFinbpFee BitgetbpOrdersPrice spread, now +0.111%Rate

Funding earned: −$50.06
Price spread: +0.111% → −0.032%: $14.36
Slippage, 4 orders: −$85.22
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$144.91
Costs to cover: 1.092%
Break-even: never at this rate

Slippage from BloFin: live order book, 28 min ago; Bitget: live order book, 4 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 BloFin live order book, 28 min ago	11.26 bp	31.1 bp −$31	69.2 bp −$692	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	11.11 bp	24.4 bp −$24	63.9 bp −$639	doesn't fit	doesn't fit

BEAT on 15 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	0.08990	0.000%	$50K	$31K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08989	−0.011%	$4.8M	$2.4M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08986	−0.041%	$35K	$77	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.09015	+0.278%	$2K	$1.6M	20x	as long as short
Bitget BEATUSDTshort	+0.0198%	4h	0.09000	+0.111%	$1.3M	$1.4M	10x
HTX BEAT-USDT	+0.0326%	4h	0.09026	+0.400%	$124K	$63K	20x	as long as short
Gate BEAT_USDT	+0.0372%	8h	0.08980	−0.111%	$3.4M	$2.3M	20x	as long as short
edgeX BEATUSDC	+0.0411%	4h	0.08993	+0.035%	$4K	$167K	10x	as long as short
KuCoin BEATUSDTM	+0.0412%	4h	0.08986	−0.044%	$2.3M	$1.3M	25x	as long as short
MEXC BEAT_USDT	+0.0414%	4h	0.08990	0.000%	$6.1M	$2.6M	100x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BEATUSDT	+0.0416%	4h	0.08995	+0.058%	$8.2M	$13.2M	10x	as long as short
Extended BEAT-USD	+0.0416%	1h	0.08992	+0.023%	$4K	$203K	5x	as long as short
BloFin BEAT-USDTlong	+0.0436%	4h	0.08990	long leg	$482K	$43K	10x
BingX BEAT-USDT	+0.0512%	4h	0.08990	0.000%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAP	+0.0529%	4h	0.08992	+0.022%	$4.3M	$12.6M	10x	as long as short