Funding you earn now, next payment 08:00 UTC−0.0589%/8h= −64.5% APRnext payment −$2.95 per $10,000 · paid last 24h −0.013%
Price spread now: SunX against OKX0.000%57s7-day average +0.153% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as 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−$1881.877% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 4 days (all we have)+0.545%+$54 · spread now 0.000%, 7d avg +0.153%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and SunX is 0.153% cheaper against OKX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.153%). Swap the legs. The two prices were read 57 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 -0.236% in total (about -12.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.95 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 | OKX BEAT-USDT-SWAP | 0.08876 | 0.0689 | pay 0.0345% / 4h | 3h 58m | $4.1M | $11.5M | 10x |
| Short | SunX BEAT-USDT | 0.08876 | 0.0100 | get 0.0050% / 4h | 3h 58m | $2K | $1.5M | 20x |
OKX BEAT-USDT-SWAP
SunX BEAT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against OKX. 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
- −$123.78
- Price spread: 0.000% → +0.153%
- −$15.3
- Slippage, 4 orders
- −$169.67
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$326.75
- Costs to cover
- 1.877%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; SunX: live order book, 6 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 OKX live order book, 5 min ago | 0.57 bp | 16.1 bp −$16 | 146.5 bp −$1,465 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 53.20 bp | 78.8 bp −$79 | doesn't fit | 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 | 0.08860 | −0.180% | $49K | $33K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.08867 | −0.101% | $4.7M | $2.3M | 25x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.08856 | −0.226% | $34K | $588 | — | as long as short |
| SunX BEAT-USDTshort | +0.0100% | 4h | 0.08876 | 0.000% | $2K | $1.5M | 20x | |
| HTX BEAT-USDT | +0.0100% | 4h | 0.08870 | −0.068% | $122K | $68K | 20x | as long as short |
| KuCoin BEATUSDTM | +0.0188% | 4h | 0.08862 | −0.158% | $2.4M | $1.3M | 25x | as long as short |
| Bitget BEATUSDT | +0.0302% | 4h | 0.08870 | −0.068% | $1.3M | $1.2M | 10x | as long as short |
| Gate BEAT_USDT | +0.0326% | 8h | 0.08860 | −0.180% | $3.3M | $2.1M | 20x | as long as short |
| Binance BEATUSDT | +0.0421% | 4h | 0.08879 | +0.030% | $8.2M | $12.0M | 10x | as long as short |
| edgeX BEATUSDC | +0.0424% | 4h | 0.08859 | −0.188% | $4K | $166K | 10x | as long as short |
Aster BEATUSDT
Bybit BEATUSDT
Variational Omni BEAT
HTX BEAT-USDT
KuCoin BEATUSDTM
Bitget BEATUSDT
Gate BEAT_USDT
Binance BEATUSDT
edgeX BEATUSDCShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BEAT_USDT | +0.0428% | 4h | 0.08870 | −0.068% | $5.9M | $2.5M | 100x | as long as short |
| Extended BEAT-USD | +0.0432% | 1h | 0.08870 | −0.073% | $4K | $228K | 5x | as long as short |
| BloFin BEAT-USDT | +0.0472% | 4h | 0.08850 | −0.293% | $484K | $41K | 10x | as long as short |
| BingX BEAT-USDT | +0.0658% | 4h | 0.08870 | −0.068% | — | $7.6M | — | as long as short |
| OKX BEAT-USDT-SWAPlong | +0.0689% | 4h | 0.08876 | long leg | $4.1M | $11.5M | 10x |
MEXC BEAT_USDT
Extended BEAT-USD
BloFin BEAT-USDT
BingX BEAT-USDT