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−0.0412%/8h= −45.1% APRnext payment $2.06 per $10,000 · paid last 24h −0.095%
Price spread now: SunX against BingX+0.156%7-day average +0.183% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1881.879% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.381%−$38 on $10k
Price spread, last 4 days (all we have)+0.222%+$22 · spread now +0.156%, 7d avg +0.183%
Together, before fees−0.160%−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and SunX is 0.027% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.183%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BEAT-USDT0.089700.0512pay 0.0256% / 4h2h 35m$7.6M
ShortSunX BEAT-USDT0.089840.0100get 0.0050% / 4h2h 35m$1K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$86.52
Price spread: +0.156% → +0.183%
−$2.65
Slippage, 4 orders
−$169.94
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$277.12
Costs to cover
1.879%
Break-even
never at this rate
Slippage from BingX: 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago11.21 bp34.4 bp −$3461.0 bp −$610300.3 bp −$30.0Kdoesn't fit
Sell SunX live order book, 10 min ago35.08 bp83.9 bp −$84doesn't fitdoesn'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%4h0.08960−0.111%$50K$31K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08953−0.190%$4.8M$2.4M25xas long as short
Variational Omni BEAT+0.0100%4h0.08940−0.339%$34K$588as long as short
SunX BEAT-USDTshort+0.0100%4h0.08984+0.156%$1K$1.6M20x
Bitget BEATUSDT+0.0180%4h0.08980+0.111%$1.3M$1.4M10xas long as short
HTX BEAT-USDT+0.0228%4h0.08959−0.123%$123K$62K20xas long as short
BloFin BEAT-USDT+0.0298%4h0.08950−0.223%$491K$42K10xas long as short
MEXC BEAT_USDT+0.0328%4h0.089700.000%$6.1M$2.6M100xas long as short
KuCoin BEATUSDTM+0.0330%4h0.08966−0.045%$2.3M$1.3M25xas long as short
edgeX BEATUSDC+0.0331%4h0.08921−0.549%$4K$166K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BEAT-USD+0.0336%1h0.08978+0.085%$7K$205K5xas long as short
Binance BEATUSDT+0.0336%4h0.08960−0.111%$8.2M$13.0M10xas long as short
Gate BEAT_USDT+0.0340%8h0.08950−0.223%$3.3M$2.2M20xas long as short
BingX BEAT-USDTlong+0.0512%4h0.08970long leg$7.6M
OKX BEAT-USDT-SWAP+0.0535%4h0.08954−0.178%$4.2M$12.4M10xas long as short