BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0199%/8h= −21.8% APRnext payment −$1.00 per $10,000 · paid last 24h −0.025%

Price spread now: OKX against Bitget−0.011%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$850.848% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.011%, 7d avg −0.016%

Together, before fees+0.149%+$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.080%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.00 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	Bitget BEATUSDT	0.08780	0.0496	pay 0.0248% / 4h	2h 31m	$1.3M	$1.2M	10x
Short	OKX BEAT-USDT-SWAP	0.08779	0.0297	get 0.0148% / 4h	2h 31m	$4.1M	$10.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee OKXbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$41.83
Price spread: −0.011% → −0.016%: $0.49
Slippage, 4 orders: −$62.83
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$126.17
Costs to cover: 0.848%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 4 min ago	11.42 bp	29.3 bp −$29	101.8 bp −$1,018	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.57 bp	13.8 bp −$14	116.2 bp −$1,162	doesn't fit	doesn't fit

BEAT on 14 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	0.08765	−0.166%	$49K	$33K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08769	−0.125%	$4.7M	$2.3M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08751	−0.329%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08781	+0.011%	$1K	$1.4M	20x	as long as short
HTX BEAT-USDT	+0.0253%	4h	0.08801	+0.239%	$121K	$67K	20x	as long as short
OKX BEAT-USDT-SWAPshort	+0.0297%	4h	0.08779	−0.011%	$4.1M	$10.8M	10x
edgeX BEATUSDC	+0.0430%	4h	0.08756	−0.272%	$4K	$165K	10x	as long as short
Extended BEAT-USD	+0.0432%	1h	0.08777	−0.038%	$5K	$225K	5x	as long as short
MEXC BEAT_USDT	+0.0432%	4h	0.08770	−0.114%	$5.8M	$2.6M	100x	as long as short
Binance BEATUSDT	+0.0433%	4h	0.08779	−0.012%	$8.1M	$11.5M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BEAT-USDT	+0.0470%	4h	0.08780	0.000%	—	$7.6M	—	as long as short
Bitget BEATUSDTlong	+0.0496%	4h	0.08780	long leg	$1.3M	$1.2M	10x
KuCoin BEATUSDTM	+0.0516%	4h	0.08767	−0.148%	$2.4M	$1.2M	25x	as long as short
Gate BEAT_USDT	+0.0672%	8h	0.08760	−0.228%	$3.2M	$2.0M	20x	as long as short