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+0.0205%/8h= +22.4% APRnext payment +$1.02 per $10,000 · paid last 24h +0.073%
Price spread now: MEXC against OKX−0.046%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$520.520% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 3 days (all we have)−0.115%−$12 · spread now −0.046%, 7d avg −0.084%
Together, before fees−0.154%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.038% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.084%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.039% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.02 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-SWAP0.086740.0157pay 0.0079% / 4h1h 09m$4.2M$9.9M10x
ShortMEXC BEAT_USDT0.086700.0362get 0.0181% / 4h1h 09m$5.8M$2.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$43.01
Price spread: −0.046% → −0.084%
$3.8
Slippage, 4 orders
−$42
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$5.19
Costs to cover
0.520%
Break-even
7.8 days
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 3 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 ago0.58 bp16.8 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago5.76 bp10.4 bp −$1056.7 bp −$567346.7 bp −$34.7Kdoesn'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%4h0.08670−0.047%$48K$30K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08669−0.058%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08660−0.161%$3.2M$2.1M20xas long as short
Variational Omni BEAT+0.0100%4h0.08667−0.083%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08684+0.115%$2K$1.3M20xas long as short
OKX BEAT-USDT-SWAPlong+0.0157%4h0.08674long leg$4.2M$9.9M10x
Bitget BEATUSDT+0.0278%4h0.08680+0.069%$1.3M$1.2M10xas long as short
HTX BEAT-USDT+0.0310%4h0.08687+0.150%$119K$65K20xas long as short
BloFin BEAT-USDT+0.0310%4h0.08680+0.069%$487K$50K10xas long as short
BingX BEAT-USDT+0.0344%4h0.08670−0.046%$7.6Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BEATUSDC+0.0349%4h0.08676+0.020%$4K$165K10xas long as short
Extended BEAT-USD+0.0360%1h0.08668−0.067%$5K$221K5xas long as short
MEXC BEAT_USDTshort+0.0362%4h0.08670−0.046%$5.8M$2.5M100x
Binance BEATUSDT+0.0369%4h0.08670−0.046%$8.1M$10.7M10xas long as short
KuCoin BEATUSDTM+0.0934%4h0.08678+0.046%$2.5M$1.1M25xas long as short