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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BingX+0.114%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$720.717% 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 3 days (all we have)−0.127%−$13 · spread now +0.114%, 7d avg +0.028%
Together, before fees−0.288%−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.086% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.028%. Mind the row above: over the last 7 days funding on this pair cost −0.160%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BEAT-USDT0.087900.0340pay 0.0170% / 4h2h 24m$7.6M
ShortBinance BEATUSDT0.088000.0368get 0.0184% / 4h2h 24m$8.2M$10.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
$5.95
Price spread: +0.114% → +0.028%
$8.59
Slippage, 4 orders
−$51.67
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$57.14
Costs to cover
0.717%
Break-even
74.3 days
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 15 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 BingX live order book, 8 min ago11.47 bp16.5 bp −$1631.5 bp −$315273.9 bp −$27.4Kdoesn't fit
Sell Binance live order book, 15 min ago5.75 bp22.0 bp −$2278.7 bp −$7872212.4 bp −$221.2Kdoesn'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%4h0.08777−0.151%$49K$31K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08788−0.023%$4.7M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08760−0.341%$3.3M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08746−0.504%$34K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08798+0.091%$1K$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0155%4h0.08798+0.091%$4.2M$9.9M10xas long as short
Bitget BEATUSDT+0.0216%4h0.08800+0.114%$1.3M$1.1M10xas long as short
HTX BEAT-USDT+0.0276%4h0.08801+0.125%$121K$66K20xas long as short
BingX BEAT-USDTlong+0.0340%4h0.08790long leg$7.6M
edgeX BEATUSDC+0.0345%4h0.08750−0.453%$4K$164K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0354%4h0.08780−0.114%$5.9M$2.4M100xas long as short
BloFin BEAT-USDT+0.0365%4h0.08780−0.114%$495K$50K10xas long as short
Extended BEAT-USD+0.0368%1h0.08799+0.102%$5K$221K5xas long as short
Binance BEATUSDTshort+0.0368%4h0.08800+0.114%$8.2M$10.5M10x
KuCoin BEATUSDTM+0.0846%4h0.08792+0.023%$2.5M$1.1M25xas long as short