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

BEAT

all BEAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against BloFin−0.664%49s7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$850.849% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.256%−$26 · spread now −0.664%, 7d avg −0.134%
Together, before fees−0.255%−$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.530% cheaper against BloFin than usual: you would sell low and buy high (spread −0.664% now, against its 7-day average of −0.134%). If the spread goes back, that is −$53 on $10k: about 4 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.001% in total) that is about years. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BEAT-USDT0.090400.0098pay 0.0049% / 4h3h 42m$491K$42K10x
ShortMEXC BEAT_USDT0.089800.0114get 0.0057% / 4h3h 42m$6.2M$3.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$3.33
Price spread: −0.664% → −0.134%
−$52.96
Slippage, 4 orders
−$72.91
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$134.54
Costs to cover
0.849%
Break-even
289.7 days
Slippage from BloFin: live order book, 34 min ago; MEXC: live order book, 5 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 BloFin live order book, 34 min ago16.31 bp30.8 bp −$3159.0 bp −$590doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago5.53 bp9.1 bp −$980.7 bp −$807390.2 bp −$39.0K1054.2 bp −$527.1K

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
BloFin BEAT-USDTlong+0.0098%4h0.09040long leg$491K$42K10x
Aster BEATUSDT+0.0100%4h0.08982−0.636%$52K$33K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08979−0.675%$4.8M$2.7M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08990−0.553%$3.4M$2.4M20xas long as short
Variational Omni BEAT+0.0100%4h0.09019−0.238%$35K$179as long as short
SunX BEAT-USDT+0.0100%4h0.09025−0.166%$1K$1.8M20xas long as short
edgeX BEATUSDC+0.0107%4h0.09015−0.279%$4K$168K10xas long as short
Extended BEAT-USD+0.0112%1h0.08998−0.470%$8K$291K5xas long as short
MEXC BEAT_USDTshort+0.0114%4h0.08980−0.664%$6.2M$3.0M100x
Binance BEATUSDT+0.0117%4h0.08980−0.664%$8.2M$14.5M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BEATUSDT+0.0176%4h0.08980−0.664%$1.4M$1.6M10xas long as short
BingX BEAT-USDT+0.0234%4h0.08980−0.664%$7.7Mas long as short
OKX BEAT-USDT-SWAP+0.0263%4h0.08981−0.653%$4.3M$14.1M10xas long as short
KuCoin BEATUSDTM+0.0268%4h0.08986−0.597%$2.3M$1.4M25xas long as short
HTX BEAT-USDT+0.0295%4h0.09017−0.254%$126K$63K20xas long as short