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

BEAT

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.158%−$16 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BEAT-USDT0.086100.0280pay 0.0140% / 4h2h 48m$7.6M
ShortOKX BEAT-USDT-SWAP0.086190.0100get 0.0050% / 4h2h 48m$4.1M$9.6M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago5.82 bp10.8 bp −$1128.9 bp −$289301.8 bp −$30.2Kdoesn't fit
Sell OKX live order book, 4 min ago0.58 bp19.5 bp −$19102.3 bp −$1,023doesn'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%4h0.08603−0.080%$48K$31K10xas long as short
Bybit BEATUSDT+0.0100%4h0.086100.000%$4.6M$2.1M25xas long as short
OKX BEAT-USDT-SWAPshort+0.0100%4h0.08619+0.105%$4.1M$9.6M10x
Gate BEAT_USDT+0.0100%8h0.08600−0.116%$3.2M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08602−0.092%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08601−0.105%$1K$1.3M20xas long as short
HTX BEAT-USDT+0.0130%4h0.08661+0.592%$119K$66K20xas long as short
Bitget BEATUSDT+0.0240%4h0.086100.000%$1.2M$1.1M10xas long as short
BingX BEAT-USDTlong+0.0280%4h0.08610long leg$7.6M
edgeX BEATUSDC+0.0281%4h0.08613+0.037%$4K$165K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0286%4h0.08600−0.116%$5.8M$2.4M100xas long as short
Extended BEAT-USD+0.0288%1h0.08602−0.091%$5K$221K5xas long as short
Binance BEATUSDT+0.0290%4h0.08609−0.013%$8.1M$10.4M10xas long as short
BloFin BEAT-USDT+0.0310%4h0.086100.000%$494K$49K10xas long as short
KuCoin BEATUSDTM+0.0796%4h0.08613+0.035%$2.5M$1.1M25xas long as short