BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0267%/8h= −29.2% APRnext payment −$1.33 per $10,000 · paid last 24h −0.078%

Price spread now: Bybit against BloFin−0.619%52s7-day average −0.143% · you buy dearer than you sell

Net, funding: paid 7d − costs−$216as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1971.967% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.194%−$19 on $10k

Price spread, last 3 days (all we have)+0.216%+$22 · spread now −0.619%, 7d avg −0.143%

Together, before fees+0.022%+$2 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 Bybit is 0.476% cheaper against BloFin than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.143%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BEAT-USDT	0.08730	0.0367	pay 0.0183% / 4h	2h 12m	$495K	$50K	10x
Short	Bybit BEATUSDT	0.08676	0.0100	get 0.0050% / 4h	2h 12m	$4.6M	$2.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.619%Rate

Funding earned: −$56.04
Price spread: −0.619% → −0.143%: −$47.56
Slippage, 4 orders: −$173.7
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$300.3
Costs to cover: 1.967%
Break-even: never at this rate

Slippage from BloFin: live order book, 9 min ago; Bybit: live order book, 5 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 BloFin live order book, 9 min ago	11.40 bp	33.5 bp −$33	73.5 bp −$735	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.72 bp	71.1 bp −$71	476.2 bp −$4,762	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	0.08677	−0.604%	$48K	$31K	10x	as long as short
Bybit BEATUSDTshort	+0.0100%	4h	0.08676	−0.619%	$4.6M	$2.1M	25x
Gate BEAT_USDT	+0.0100%	8h	0.08670	−0.687%	$3.2M	$2.1M	20x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08703	−0.308%	$33K	$587	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08708	−0.252%	$1K	$1.3M	20x	as long as short
OKX BEAT-USDT-SWAP	+0.0144%	4h	0.08683	−0.538%	$4.1M	$9.8M	10x	as long as short
Bitget BEATUSDT	+0.0198%	4h	0.08690	−0.458%	$1.3M	$1.1M	10x	as long as short
HTX BEAT-USDT	+0.0259%	4h	0.08748	+0.206%	$120K	$66K	20x	as long as short
Binance BEATUSDT	+0.0341%	4h	0.08680	−0.573%	$8.1M	$10.6M	10x	as long as short
MEXC BEAT_USDT	+0.0348%	4h	0.08670	−0.687%	$5.8M	$2.4M	100x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BEAT-USD	+0.0352%	1h	0.08686	−0.505%	$5K	$221K	5x	as long as short
BloFin BEAT-USDTlong	+0.0367%	4h	0.08730	long leg	$495K	$50K	10x
edgeX BEATUSDC	+0.0368%	4h	0.08715	−0.177%	$4K	$166K	10x	as long as short
BingX BEAT-USDT	+0.0369%	4h	0.08680	−0.573%	—	$7.6M	—	as long as short
KuCoin BEATUSDTM	+0.0764%	4h	0.08681	−0.561%	$2.5M	$1.1M	25x	as long as short