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−0.0193%/8h= −21.1% APRnext payment $0.96 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against OKX−0.023%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1251.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.236%−$24 on $10k
Price spread, last 4 days (all we have)−0.138%−$14 · spread now −0.023%, 7d avg −0.079%
Together, before fees−0.374%−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.056% dearer against OKX than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.079%): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BEAT-USDT-SWAP0.087160.0293pay 0.0146% / 4h3h 18m$4.2M$10.2M10x
ShortBybit BEATUSDT0.087140.0100get 0.0050% / 4h3h 18m$4.7M$2.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$40.45
Price spread: −0.023% → −0.079%
$5.63
Slippage, 4 orders
−$104.12
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$159.94
Costs to cover
1.251%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: 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 OKX live order book, 4 min ago0.57 bp16.1 bp −$16133.1 bp −$1,331doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.72 bp45.8 bp −$46435.4 bp −$4,354doesn'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%4h0.08720+0.044%$48K$26K10xas long as short
Bybit BEATUSDTshort+0.0100%4h0.08714−0.023%$4.7M$2.2M25x
Variational Omni BEAT+0.0100%4h0.08727+0.121%$33K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08724+0.092%$2K$1.4M20xas long as short
HTX BEAT-USDT+0.0182%4h0.08758+0.482%$120K$66K20xas long as short
OKX BEAT-USDT-SWAPlong+0.0293%4h0.08716long leg$4.2M$10.2M10x
MEXC BEAT_USDT+0.0398%4h0.08710−0.069%$5.7M$2.5M100xas long as short
Extended BEAT-USD+0.0400%1h0.08717+0.012%$4K$226K5xas long as short
Binance BEATUSDT+0.0404%4h0.08719+0.038%$8.2M$10.9M10xas long as short
edgeX BEATUSDC+0.0406%4h0.08729+0.144%$4K$165K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BEAT-USDT+0.0451%4h0.08730+0.161%$487K$50K10xas long as short
BingX BEAT-USDT+0.0468%4h0.08710−0.069%$7.6Mas long as short
Gate BEAT_USDT+0.0514%8h0.08720+0.046%$3.3M$2.0M20xas long as short
Bitget BEATUSDT+0.0514%4h0.08730+0.161%$1.3M$1.1M10xas long as short
KuCoin BEATUSDTM+0.0700%4h0.08715−0.011%$2.5M$1.1M25xas long as short