Funding you earn now, next payment 04:00 UTC+0.0257%/8h= +28.2% APRnext payment +$1.29 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against Binance−0.089%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.089%, 7d avg −0.025%
=Funding pays, the price is against you. BingX is 0.064% cheaper against Binance than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.025%). If the spread goes back, that is −$6 on $10k: about 20 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.162% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.29 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 | Binance BEATUSDT | 0.08748 | 0.0401 | pay 0.0200% / 4h | 43m 42s | $8.0M | $11.8M | 10x |
| Short | BingX BEAT-USDT | 0.08740 | 0.0658 | get 0.0329% / 4h | 43m 42s | — | $7.6M | — |
Binance BEATUSDT
BingX BEAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $54.03
- Price spread: −0.089% → −0.025%
- −$6.45
- Slippage, 4 orders
- −$59.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$31.63
- Costs to cover
- 0.792%
- Break-even
- 11.1 days
Slippage from Binance: live order book, 11 min ago; BingX: live order book, 9 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 Binance live order book, 11 min ago | 5.69 bp | 21.3 bp −$21 | 143.4 bp −$1,434 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 11.42 bp | 16.4 bp −$16 | 35.2 bp −$352 | 282.1 bp −$28.2K | 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 | 0.08735 | −0.150% | $49K | $34K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.08740 | −0.089% | $4.7M | $2.3M | 25x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.08720 | −0.319% | $34K | $588 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08746 | −0.021% | $1K | $1.5M | 20x | as long as short |
| KuCoin BEATUSDTM | +0.0212% | 4h | 0.08733 | −0.169% | $2.3M | $1.2M | 25x | as long as short |
| HTX BEAT-USDT | +0.0219% | 4h | 0.08762 | +0.162% | $120K | $67K | 20x | as long as short |
| Gate BEAT_USDT | +0.0366% | 8h | 0.08730 | −0.203% | $3.2M | $2.1M | 20x | as long as short |
| BloFin BEAT-USDT | +0.0380% | 4h | 0.08720 | −0.318% | $482K | $40K | 10x | as long as short |
| Extended BEAT-USD | +0.0400% | 1h | 0.08746 | −0.026% | $7K | $226K | 5x | as long as short |
| MEXC BEAT_USDT | +0.0400% | 4h | 0.08730 | −0.203% | $5.8M | $2.5M | 100x | as long as short |
Aster BEATUSDT
Bybit BEATUSDT
Variational Omni BEAT
SunX BEAT-USDT
KuCoin BEATUSDTM
HTX BEAT-USDT
Gate BEAT_USDT
BloFin BEAT-USDT
Extended BEAT-USD
MEXC BEAT_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BEATUSDTlong | +0.0401% | 4h | 0.08748 | long leg | $8.0M | $11.8M | 10x | |
| Bitget BEATUSDT | +0.0408% | 4h | 0.08730 | −0.203% | $1.3M | $1.2M | 10x | as long as short |
| edgeX BEATUSDC | +0.0410% | 4h | 0.08731 | −0.195% | $4K | $166K | 10x | as long as short |
| BingX BEAT-USDTshort | +0.0658% | 4h | 0.08740 | −0.089% | — | $7.6M | — | |
| OKX BEAT-USDT-SWAP | +0.0707% | 4h | 0.08749 | +0.014% | $4.0M | $11.1M | 10x | as long as short |
Bitget BEATUSDT
edgeX BEATUSDC
OKX BEAT-USDT-SWAP