BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0282%/8h= −30.9% APRnext payment −$1.41 per $10,000 · paid last 24h −0.081%

Price spread now: SunX against MEXC+0.161%7-day average +0.237% · you sell dearer than you buy

Net, funding: paid 7d − costs−$177as in the Funding arb table

Net, price: spread back to 7d avg − costs−$165as in the Price arb table

costs, in and out, $10k−$1581.575% of the position

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.192%−$19 on $10k

Price spread, last 3 days (all we have)+0.302%+$30 · spread now +0.161%, 7d avg +0.237%

Together, before fees+0.111%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SunX is 0.076% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.237%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.192% in total (about -10.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.41 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	MEXC BEAT_USDT	0.08710	0.0382	pay 0.0191% / 4h	44m 20s	$5.8M	$2.4M	100x
Short	SunX BEAT-USDT	0.08724	0.0100	get 0.0050% / 4h	44m 20s	$1K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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 MEXCbpFee SunXbpOrdersPrice spread, now +0.161%Rate

Funding earned: −$59.22
Price spread: +0.161% → +0.237%: −$7.58
Slippage, 4 orders: −$149.52
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$224.32
Costs to cover: 1.575%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; SunX: live order book, 10 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 MEXC live order book, 3 min ago	5.74 bp	14.0 bp −$14	71.8 bp −$718	363.9 bp −$36.4K	doesn't fit
Sell SunX live order book, 10 min ago	34.86 bp	84.6 bp −$85	doesn't fit	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	0.08704	−0.066%	$48K	$30K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08710	0.000%	$4.6M	$2.1M	25x	as long as short
Gate BEAT_USDT	+0.0100%	8h	0.08690	−0.230%	$3.3M	$2.1M	20x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08703	−0.076%	$33K	$587	—	as long as short
SunX BEAT-USDTshort	+0.0100%	4h	0.08724	+0.161%	$1K	$1.3M	20x
OKX BEAT-USDT-SWAP	+0.0153%	4h	0.08717	+0.080%	$4.2M	$10.1M	10x	as long as short
HTX BEAT-USDT	+0.0326%	4h	0.08734	+0.276%	$120K	$66K	20x	as long as short
Bitget BEATUSDT	+0.0326%	4h	0.08720	+0.115%	$1.3M	$1.2M	10x	as long as short
MEXC BEAT_USDTlong	+0.0382%	4h	0.08710	long leg	$5.8M	$2.4M	100x
BingX BEAT-USDT	+0.0382%	4h	0.08710	0.000%	—	$7.6M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BEATUSDT	+0.0384%	4h	0.08713	+0.034%	$8.1M	$10.8M	10x	as long as short
Extended BEAT-USD	+0.0384%	1h	0.08710	0.000%	$5K	$221K	5x	as long as short
edgeX BEATUSDC	+0.0402%	4h	0.08720	+0.111%	$4K	$165K	10x	as long as short
BloFin BEAT-USDT	+0.0419%	4h	0.08710	0.000%	$487K	$50K	10x	as long as short
KuCoin BEATUSDTM	+0.0866%	4h	0.08703	−0.080%	$2.5M	$1.1M	25x	as long as short