Funding you earn now, next payment 00:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.90 per $10,000 · paid last 24h −0.071%
Price spread now: OKX against BingX+0.105%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$640.635% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 3 days (all we have)−0.036%−$4 · spread now +0.105%, 7d avg +0.036%
=The price spread pays, funding is against you. OKX is 0.068% dearer against BingX than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.036%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.122% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BEAT-USDT | 0.08610 | 0.0280 | pay 0.0140% / 4h | 2h 48m | — | $7.6M | — |
| Short | OKX BEAT-USDT-SWAP | 0.08619 | 0.0100 | get 0.0050% / 4h | 2h 48m | $4.1M | $9.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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
- −$37.8
- Price spread: +0.105% → +0.036%
- $6.8
- Slippage, 4 orders
- −$43.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$94.51
- Costs to cover
- 0.635%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; OKX: live order book, 4 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 BingX live order book, 4 min ago | 5.82 bp | 10.8 bp −$11 | 28.9 bp −$289 | 301.8 bp −$30.2K | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.58 bp | 19.5 bp −$19 | 102.3 bp −$1,023 | 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 | 0.08603 | −0.080% | $48K | $31K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.08610 | 0.000% | $4.6M | $2.1M | 25x | as long as short |
| OKX BEAT-USDT-SWAPshort | +0.0100% | 4h | 0.08619 | +0.105% | $4.1M | $9.6M | 10x | |
| Gate BEAT_USDT | +0.0100% | 8h | 0.08600 | −0.116% | $3.2M | $2.0M | 20x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.08602 | −0.092% | $33K | $587 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08601 | −0.105% | $1K | $1.3M | 20x | as long as short |
| HTX BEAT-USDT | +0.0130% | 4h | 0.08661 | +0.592% | $119K | $66K | 20x | as long as short |
| Bitget BEATUSDT | +0.0240% | 4h | 0.08610 | 0.000% | $1.2M | $1.1M | 10x | as long as short |
| BingX BEAT-USDTlong | +0.0280% | 4h | 0.08610 | long leg | — | $7.6M | — | |
| edgeX BEATUSDC | +0.0281% | 4h | 0.08613 | +0.037% | $4K | $165K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BEAT_USDT | +0.0286% | 4h | 0.08600 | −0.116% | $5.8M | $2.4M | 100x | as long as short |
| Extended BEAT-USD | +0.0288% | 1h | 0.08602 | −0.091% | $5K | $221K | 5x | as long as short |
| Binance BEATUSDT | +0.0290% | 4h | 0.08609 | −0.013% | $8.1M | $10.4M | 10x | as long as short |
| BloFin BEAT-USDT | +0.0310% | 4h | 0.08610 | 0.000% | $494K | $49K | 10x | as long as short |
| KuCoin BEATUSDTM | +0.0796% | 4h | 0.08613 | +0.035% | $2.5M | $1.1M | 25x | as long as short |
BingX BEAT-USDT
OKX BEAT-USDT-SWAP
Aster BEATUSDT
Bybit BEATUSDT
Gate BEAT_USDT
Variational Omni BEAT
SunX BEAT-USDT
HTX BEAT-USDT
Bitget BEATUSDT
edgeX BEATUSDC
MEXC BEAT_USDT
Extended BEAT-USD
Binance BEATUSDT
BloFin BEAT-USDT
KuCoin BEATUSDTM