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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0213%/8h= −23.3% APRnext payment $1.07 per $10,000 · paid last 24h −0.012%
Price spread now: Bitget against HTX−0.600%46s7-day average −0.228% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1581.579% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.095%−$10 on $10k
Price spread, last 4 days (all we have)+0.282%+$28 · spread now −0.600%, 7d avg −0.228%
Together, before fees+0.187%+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.373% cheaper against HTX than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of −0.228%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.095% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BEAT-USDT0.089940.0399pay 0.0200% / 4h3h 09m$124K$72K20x
ShortBitget BEATUSDT0.089400.0186get 0.0093% / 4h3h 09m$1.3M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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
−$44.75
Price spread: −0.600% → −0.228%
−$37.27
Slippage, 4 orders
−$133.94
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$239.97
Costs to cover
1.579%
Break-even
never at this rate
Slippage from HTX: live order book, 42 min ago; Bitget: live order book, 2 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 HTX live order book, 42 min ago20.10 bp57.3 bp −$57doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago11.14 bp26.8 bp −$2766.5 bp −$665doesn't fitdoesn'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%4h0.08922−0.797%$50K$32K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08921−0.812%$4.8M$2.4M25xas long as short
Variational Omni BEAT+0.0100%4h0.08965−0.319%$34K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08944−0.556%$1K$1.6M20xas long as short
KuCoin BEATUSDTM+0.0146%4h0.08927−0.745%$2.3M$1.3M25xas long as short
Bitget BEATUSDTshort+0.0186%4h0.08940−0.600%$1.3M$1.3M10x
Gate BEAT_USDT+0.0243%8h0.08920−0.823%$3.3M$2.2M20xas long as short
BloFin BEAT-USDT+0.0296%4h0.09000+0.067%$494K$42K10xas long as short
Binance BEATUSDT+0.0330%4h0.08930−0.712%$8.2M$12.6M10xas long as short
MEXC BEAT_USDT+0.0334%4h0.08920−0.823%$6.0M$2.6M100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BEAT-USD+0.0336%1h0.08927−0.740%$4K$212K5xas long as short
edgeX BEATUSDC+0.0354%4h0.08994+0.004%$4K$165K10xas long as short
HTX BEAT-USDTlong+0.0399%4h0.08994long leg$124K$72K20x
BingX BEAT-USDT+0.0590%4h0.08920−0.823%$7.6Mas long as short
OKX BEAT-USDT-SWAP+0.0604%4h0.08933−0.678%$4.2M$12.1M10xas long as short