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+0.0196%/8h= +21.5% APRnext payment +$0.98 per $10,000 · paid last 24h +0.039%
Price spread now: Bitget against Bybit+0.056%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1871.874% 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 4 days (all we have)+0.021%+$2 · spread now +0.056%, 7d avg +0.094%
Together, before fees+0.177%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.037% cheaper against Bybit than usual: you would sell low and buy high (spread +0.056% now, against its 7-day average of +0.094%). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.156% in total) that is about 40 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BEATUSDT0.088650.0100pay 0.0050% / 4h3h 54m$4.7M$2.3M25x
ShortBitget BEATUSDT0.088700.0296get 0.0148% / 4h3h 54m$1.3M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$41.16
Price spread: +0.056% → +0.094%
−$3.73
Slippage, 4 orders
−$164.45
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$150.02
Costs to cover
1.874%
Break-even
32.5 days
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 2 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 Bybit live order book, 4 min ago3.96 bp73.7 bp −$74doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago11.30 bp24.9 bp −$2583.3 bp −$833doesn'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%4h0.08859−0.065%$49K$33K10xas long as short
Bybit BEATUSDTlong+0.0100%4h0.08865long leg$4.7M$2.3M25x
Variational Omni BEAT+0.0100%4h0.08836−0.328%$34K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08885+0.226%$2K$1.5M20xas long as short
HTX BEAT-USDT+0.0100%4h0.08886+0.237%$122K$68K20xas long as short
KuCoin BEATUSDTM+0.0186%4h0.08861−0.045%$2.4M$1.3M25xas long as short
Bitget BEATUSDTshort+0.0296%4h0.08870+0.056%$1.3M$1.2M10x
Gate BEAT_USDT+0.0316%8h0.08860−0.056%$3.3M$2.1M20xas long as short
BloFin BEAT-USDT+0.0395%4h0.08860−0.056%$484K$41K10xas long as short
Binance BEATUSDT+0.0414%4h0.08876+0.125%$8.1M$12.0M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BEAT-USD+0.0416%1h0.08868+0.028%$4K$228K5xas long as short
MEXC BEAT_USDT+0.0416%4h0.08870+0.056%$5.9M$2.5M100xas long as short
edgeX BEATUSDC+0.0421%4h0.08857−0.094%$4K$165K10xas long as short
BingX BEAT-USDT+0.0654%4h0.08870+0.056%$7.6Mas long as short
OKX BEAT-USDT-SWAP+0.0690%4h0.08874+0.102%$4.1M$11.6M10xas long as short