Funding you earn now, next payment 00:00 UTC−0.0226%/8h= −24.7% APRnext payment −$1.13 per $10,000 · paid last 24h −0.070%
Price spread now: OKX against BloFin−0.023%103s7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$900.896% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 3 days (all we have)−0.278%−$28 · spread now −0.023%, 7d avg −0.065%
=The price spread pays, funding is against you. OKX is 0.042% dearer against BloFin than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.065%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 15 hours. The two prices were read 103 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 0.037% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.13 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 | BloFin BEAT-USDT | 0.08720 | 0.0350 | pay 0.0175% / 4h | 2h 29m | $491K | $50K | 10x |
| Short | OKX BEAT-USDT-SWAP | 0.08718 | 0.0125 | get 0.0062% / 4h | 2h 29m | $4.2M | $9.8M | 10x |
BloFin BEAT-USDT
OKX BEAT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- −$47.38
- Price spread: −0.023% → −0.065%
- $4.22
- Slippage, 4 orders
- −$67.61
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$132.78
- Costs to cover
- 0.896%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 56 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 BloFin live order book, 56 min ago | 17.29 bp | 27.3 bp −$27 | 65.0 bp −$650 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.72 bp | 20.8 bp −$21 | 127.3 bp −$1,273 | 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 | 0.08699 | −0.241% | $48K | $31K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.08705 | −0.172% | $4.6M | $2.1M | 25x | as long as short |
| Gate BEAT_USDT | +0.0100% | 8h | 0.08700 | −0.229% | $3.2M | $2.0M | 20x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.08704 | −0.182% | $33K | $587 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08729 | +0.103% | $871 | $1.3M | 20x | as long as short |
| OKX BEAT-USDT-SWAPshort | +0.0125% | 4h | 0.08718 | −0.023% | $4.2M | $9.8M | 10x | |
| Bitget BEATUSDT | +0.0216% | 4h | 0.08720 | 0.000% | $1.3M | $1.1M | 10x | as long as short |
| HTX BEAT-USDT | +0.0221% | 4h | 0.08747 | +0.310% | $120K | $66K | 20x | as long as short |
| Binance BEATUSDT | +0.0340% | 4h | 0.08710 | −0.115% | $8.2M | $10.5M | 10x | as long as short |
| MEXC BEAT_USDT | +0.0342% | 4h | 0.08710 | −0.115% | $5.8M | $2.4M | 100x | as long as short |
Aster BEATUSDT
Bybit BEATUSDT
Gate BEAT_USDT
Variational Omni BEAT
SunX BEAT-USDT
Bitget BEATUSDT
HTX BEAT-USDT
Binance BEATUSDT
MEXC BEAT_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BEAT-USD | +0.0344% | 1h | 0.08709 | −0.128% | $5K | $221K | 5x | as long as short |
| edgeX BEATUSDC | +0.0345% | 4h | 0.08714 | −0.072% | $4K | $166K | 10x | as long as short |
| BingX BEAT-USDT | +0.0350% | 4h | 0.08710 | −0.115% | — | $7.6M | — | as long as short |
| BloFin BEAT-USDTlong | +0.0350% | 4h | 0.08720 | long leg | $491K | $50K | 10x | |
| KuCoin BEATUSDTM | +0.0820% | 4h | 0.08715 | −0.057% | $2.5M | $1.1M | 25x | as long as short |
Extended BEAT-USD
edgeX BEATUSDC
BingX BEAT-USDT
KuCoin BEATUSDTM