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+0.0081%/8h= +8.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.054%
Price spread now: BloFin against Bitget−0.231%45s7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$990.990% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 3 days (all we have)+0.424%+$42 · spread now −0.231%, 7d avg +0.047%
Together, before fees+0.476%+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.279% cheaper against Bitget than usual: you would sell low and buy high (spread −0.231% now, against its 7-day average of +0.047%). If the spread goes back, that is −$28 on $10k: about 12 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.052% in total) that is about 37 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BEATUSDT0.086500.0250pay 0.0125% / 4h1h 28m$1.3M$1.2M10x
ShortBloFin BEAT-USDT0.086300.0331get 0.0165% / 4h1h 28m$488K$49K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$16.92
Price spread: −0.231% → +0.047%
−$27.86
Slippage, 4 orders
−$75.05
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$109.99
Costs to cover
0.990%
Break-even
52.5 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 53 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 Bitget live order book, 3 min ago11.57 bp24.8 bp −$2572.6 bp −$726doesn't fitdoesn't fit
Sell BloFin live order book, 53 min ago11.40 bp17.4 bp −$1758.6 bp −$586524.8 bp −$52.5Kdoesn'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%4h0.08642−0.097%$48K$30K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08639−0.127%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08630−0.231%$3.2M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08634−0.180%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08654+0.046%$2K$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0155%4h0.08639−0.127%$4.1M$9.9M10xas long as short
Bitget BEATUSDTlong+0.0250%4h0.08650long leg$1.3M$1.2M10x
HTX BEAT-USDT+0.0259%4h0.08678+0.324%$119K$65K20xas long as short
Extended BEAT-USD+0.0304%1h0.08638−0.135%$5K$221K5xas long as short
MEXC BEAT_USDT+0.0306%4h0.08640−0.116%$5.8M$2.4M100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BEATUSDT+0.0308%4h0.08644−0.072%$8.1M$10.7M10xas long as short
BingX BEAT-USDT+0.0322%4h0.08640−0.116%$7.6Mas long as short
edgeX BEATUSDC+0.0323%4h0.08659+0.099%$4K$165K10xas long as short
BloFin BEAT-USDTshort+0.0331%4h0.08630−0.231%$488K$49K10x
KuCoin BEATUSDTM+0.0826%4h0.08649−0.012%$2.5M$1.1M25xas long as short