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

BEAT

all BEAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0268%/8h= +29.3% APRnext payment +$1.34 per $10,000 · paid last 24h −0.069%
Price spread now: OKX against Binance+0.153%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$650.648% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.153%, 7d avg +0.013%
Together, before fees−0.028%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.140% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.013%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.34 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
LongBinance BEATUSDT0.088360.0424pay 0.0212% / 4h2m 34s$8.1M$12.0M10x
ShortOKX BEAT-USDT-SWAP0.088500.0692get 0.0346% / 4h2m 34s$4.1M$11.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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
$56.25
Price spread: +0.153% → +0.013%
$14.04
Slippage, 4 orders
−$44.79
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$5.5
Costs to cover
0.648%
Break-even
6.3 days
Slippage from Binance: live order book, 8 min ago; OKX: live order book, 1 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 Binance live order book, 8 min ago5.65 bp18.1 bp −$18135.3 bp −$1,353doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.57 bp14.6 bp −$1531.6 bp −$316doesn'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%4h0.08838+0.019%$49K$33K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08838+0.017%$4.7M$2.3M25xas long as short
Variational Omni BEAT+0.0100%4h0.08824−0.136%$34K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08867+0.345%$2K$1.5M20xas long as short
KuCoin BEATUSDTM+0.0188%4h0.08833−0.039%$2.4M$1.3M25xas long as short
HTX BEAT-USDT+0.0201%4h0.08849+0.142%$121K$68K20xas long as short
Gate BEAT_USDT+0.0298%8h0.08830−0.073%$3.3M$2.1M20xas long as short
Bitget BEATUSDT+0.0306%4h0.08850+0.153%$1.3M$1.2M10xas long as short
Extended BEAT-USD+0.0424%1h0.08837+0.011%$5K$225K5xas long as short
MEXC BEAT_USDT+0.0424%4h0.08830−0.073%$5.8M$2.5M100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BEATUSDTlong+0.0424%4h0.08836long leg$8.1M$12.0M10x
edgeX BEATUSDC+0.0441%4h0.08834−0.033%$4K$166K10xas long as short
BloFin BEAT-USDT+0.0462%4h0.08860+0.266%$486K$41K10xas long as short
BingX BEAT-USDT+0.0678%4h0.08840+0.040%$7.6Mas long as short
OKX BEAT-USDT-SWAPshort+0.0692%4h0.08850+0.153%$4.1M$11.5M10x