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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0113%/8h= +12.3% APRnext payment +$0.56 per $10,000 · paid last 24h +0.068%
Price spread now: Binance against OKX+0.092%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$600.595% 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)−0.271%−$27 · spread now +0.092%, 7d avg −0.010%
Together, before fees−0.304%−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.101% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BEAT-USDT-SWAP0.087420.0287pay 0.0143% / 4h3h 17m$4.2M$10.2M10x
ShortBinance BEATUSDT0.087500.0399get 0.0200% / 4h3h 17m$8.2M$10.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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
$23.68
Price spread: +0.092% → −0.010%
$10.11
Slippage, 4 orders
−$39.55
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$25.75
Costs to cover
0.595%
Break-even
14.6 days
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 7 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 OKX live order book, 5 min ago0.57 bp16.1 bp −$16133.1 bp −$1,331doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago5.72 bp11.8 bp −$1265.9 bp −$659doesn'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%4h0.08727−0.169%$48K$26K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08744+0.023%$4.7M$2.2M25xas long as short
Variational Omni BEAT+0.0100%4h0.08727−0.177%$33K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08734−0.092%$1K$1.4M20xas long as short
HTX BEAT-USDT+0.0153%4h0.08758+0.183%$120K$66K20xas long as short
OKX BEAT-USDT-SWAPlong+0.0287%4h0.08742long leg$4.2M$10.2M10x
Binance BEATUSDTshort+0.0399%4h0.08750+0.092%$8.2M$10.9M10x
Extended BEAT-USD+0.0400%1h0.08748+0.066%$4K$226K5xas long as short
MEXC BEAT_USDT+0.0402%4h0.08750+0.092%$5.7M$2.5M100xas long as short
edgeX BEATUSDC+0.0406%4h0.08729−0.154%$4K$165K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BEAT-USDT+0.0451%4h0.08730−0.137%$487K$50K10xas long as short
Gate BEAT_USDT+0.0480%8h0.08740−0.023%$3.3M$2.0M20xas long as short
BingX BEAT-USDT+0.0488%4h0.08740−0.023%$7.6Mas long as short
Bitget BEATUSDT+0.0516%4h0.08750+0.092%$1.3M$1.1M10xas long as short
KuCoin BEATUSDTM+0.0696%4h0.08746+0.046%$2.5M$1.1M25xas long as short