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+0.0238%/8h= +26.1% APRnext payment +$1.19 per $10,000 · paid last 24h +0.070%
Price spread now: BloFin against OKX+0.034%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$900.896% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 3 days (all we have)+0.266%+$27 · spread now +0.034%, 7d avg +0.065%
Together, before fees+0.229%+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.031% cheaper against OKX than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.065%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$7 a day).
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 +$1.19 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BEAT-USDT-SWAP0.087170.0112pay 0.0056% / 4h2h 31m$4.2M$9.8M10x
ShortBloFin BEAT-USDT0.087200.0350get 0.0175% / 4h2h 31m$491K$50K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$49.96
Price spread: +0.034% → +0.065%
−$3.07
Slippage, 4 orders
−$67.61
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$42.72
Costs to cover
0.896%
Break-even
13.0 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 54 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, 2 min ago1.72 bp18.2 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 54 min ago17.29 bp23.3 bp −$2346.8 bp −$468493.4 bp −$49.3Kdoesn'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%4h0.08704−0.151%$48K$31K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08704−0.149%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08700−0.195%$3.2M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08715−0.026%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08719+0.023%$1K$1.3M20xas long as short
OKX BEAT-USDT-SWAPlong+0.0112%4h0.08717long leg$4.2M$9.8M10x
Bitget BEATUSDT+0.0218%4h0.08720+0.034%$1.3M$1.1M10xas long as short
HTX BEAT-USDT+0.0221%4h0.08747+0.344%$120K$66K20xas long as short
Binance BEATUSDT+0.0342%4h0.08707−0.110%$8.2M$10.5M10xas long as short
Extended BEAT-USD+0.0344%1h0.08708−0.105%$5K$221K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0344%4h0.08700−0.195%$5.8M$2.4M100xas long as short
BingX BEAT-USDT+0.0350%4h0.08710−0.080%$7.6Mas long as short
BloFin BEAT-USDTshort+0.0350%4h0.08720+0.034%$491K$50K10x
edgeX BEATUSDC+0.0351%4h0.08735+0.202%$4K$165K10xas long as short
KuCoin BEATUSDTM+0.0814%4h0.08713−0.046%$2.5M$1.1M25xas long as short