BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0297%/8h= −32.5% APRnext payment −$1.48 per $10,000 · paid last 24h −0.080%

Price spread now: SunX against BloFin+0.389%55s7-day average +0.098% · you sell dearer than you buy

Net, funding: paid 7d − costs−$241as 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−$2182.185% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.222%−$22 on $10k

Price spread, last 4 days (all we have)−0.328%−$33 · spread now +0.389%, 7d avg +0.098%

Together, before fees−0.549%−$55 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.292% dearer against BloFin than usual: you sell high and buy low (spread +0.389% now, against its 7-day average of +0.098%): +$29 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 7 days (−0.222% in total) that is about 9.2 days. The two prices were read 55 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	0.08990	0.0397	pay 0.0198% / 4h	1h 49m	$488K	$43K	10x
Short	SunX BEAT-USDT	0.09025	0.0100	get 0.0050% / 4h	1h 49m	$2K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.389%Rate

Funding earned: −$62.32
Price spread: +0.389% → +0.098%: $29.18
Slippage, 4 orders: −$198.49
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$251.63
Costs to cover: 2.185%
Break-even: never at this rate

Slippage from BloFin: live order book, 36 min ago; SunX: 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, 36 min ago	11.26 bp	31.1 bp −$31	69.2 bp −$692	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	35.04 bp	104.4 bp −$104	doesn't fit	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	0.09002	+0.134%	$50K	$31K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.09005	+0.167%	$4.8M	$2.4M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08997	+0.072%	$34K	$77	—	as long as short
SunX BEAT-USDTshort	+0.0100%	4h	0.09025	+0.389%	$2K	$1.6M	20x
Bitget BEATUSDT	+0.0180%	4h	0.09020	+0.334%	$1.3M	$1.4M	10x	as long as short
HTX BEAT-USDT	+0.0283%	4h	0.08985	−0.056%	$124K	$63K	20x	as long as short
Gate BEAT_USDT	+0.0351%	8h	0.08990	0.000%	$3.4M	$2.3M	20x	as long as short
Extended BEAT-USD	+0.0384%	1h	0.09012	+0.246%	$7K	$208K	5x	as long as short
MEXC BEAT_USDT	+0.0384%	4h	0.09000	+0.111%	$6.1M	$2.6M	100x	as long as short
Binance BEATUSDT	+0.0386%	4h	0.09006	+0.174%	$8.2M	$13.2M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BEAT-USDTlong	+0.0397%	4h	0.08990	long leg	$488K	$43K	10x
edgeX BEATUSDC	+0.0399%	4h	0.08983	−0.082%	$4K	$166K	10x	as long as short
KuCoin BEATUSDTM	+0.0412%	4h	0.09005	+0.167%	$2.3M	$1.3M	25x	as long as short
BingX BEAT-USDT	+0.0488%	4h	0.09010	+0.222%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAP	+0.0522%	4h	0.09007	+0.189%	$4.3M	$12.7M	10x	as long as short