Funding you earn now, next payment 04:00 UTC+0.0356%/8h= +38.9% APRnext payment +$1.78 per $10,000 · paid last 24h +0.082%
Price spread now: Binance against Bybit+0.033%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1691.693% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.033%, 7d avg +0.069%
=Funding pays, the price is against you. Binance is 0.037% cheaper against Bybit than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.069%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.204% in total) that is about 30 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.204% in total (about 10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.78 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BEATUSDT | 0.08738 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $4.7M | $2.2M | 25x |
| Short | Binance BEATUSDT | 0.08741 | 0.0456 | get 0.0228% / 4h | 1h 33m | $8.1M | $11.6M | 10x |
Bybit BEATUSDT
Binance BEATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $74.68
- Price spread: +0.033% → +0.069%
- −$3.68
- Slippage, 4 orders
- −$148.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$98.3
- Costs to cover
- 1.693%
- Break-even
- 16.2 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 7 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 Bybit live order book, 5 min ago | 2.86 bp | 60.9 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 5.72 bp | 19.7 bp −$20 | 125.7 bp −$1,257 | 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 | 0.08733 | −0.060% | $48K | $33K | 10x | as long as short |
| Bybit BEATUSDTlong | +0.0100% | 4h | 0.08738 | long leg | $4.7M | $2.2M | 25x | |
| Variational Omni BEAT | +0.0100% | 4h | 0.08747 | +0.101% | $34K | $588 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08745 | +0.080% | $1K | $1.4M | 20x | as long as short |
| HTX BEAT-USDT | +0.0215% | 4h | 0.08767 | +0.332% | $120K | $67K | 20x | as long as short |
| KuCoin BEATUSDTM | +0.0306% | 4h | 0.08726 | −0.137% | $2.4M | $1.2M | 25x | as long as short |
| edgeX BEATUSDC | +0.0446% | 4h | 0.08742 | +0.051% | $4K | $165K | 10x | as long as short |
| Gate BEAT_USDT | +0.0450% | 8h | 0.08730 | −0.092% | $3.2M | $2.1M | 20x | as long as short |
| MEXC BEAT_USDT | +0.0452% | 4h | 0.08730 | −0.092% | $5.7M | $2.5M | 100x | as long as short |
| BloFin BEAT-USDT | +0.0455% | 4h | 0.08730 | −0.092% | $482K | $40K | 10x | as long as short |
Aster BEATUSDT
Variational Omni BEAT
SunX BEAT-USDT
HTX BEAT-USDT
KuCoin BEATUSDTM
edgeX BEATUSDC
Gate BEAT_USDT
MEXC BEAT_USDT
BloFin BEAT-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BEATUSDTshort | +0.0456% | 4h | 0.08741 | +0.033% | $8.1M | $11.6M | 10x | |
| Extended BEAT-USD | +0.0456% | 1h | 0.08728 | −0.119% | $4K | $226K | 5x | as long as short |
| Bitget BEATUSDT | +0.0518% | 4h | 0.08750 | +0.137% | $1.3M | $1.2M | 10x | as long as short |
| BingX BEAT-USDT | +0.0534% | 4h | 0.08750 | +0.137% | — | $7.6M | — | as long as short |
| OKX BEAT-USDT-SWAP | +0.0589% | 4h | 0.08750 | +0.137% | $4.0M | $10.9M | 10x | as long as short |
Extended BEAT-USD
Bitget BEATUSDT
BingX BEAT-USDT
OKX BEAT-USDT-SWAP