Funding you earn now, next payment 04:00 UTC+0.0254%/8h= +27.8% APRnext payment +$1.27 per $10,000 · paid last 24h −0.061%
Price spread now: OKX against BloFin+0.274%73s7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as 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−$700.700% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.575%−$57 · spread now +0.274%, 7d avg −0.057%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.331% dearer against BloFin than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.057%. The two prices were read 73 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 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.27 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 | BloFin BEAT-USDT | 0.08750 | 0.0463 | pay 0.0232% / 4h | 39m 55s | $480K | $40K | 10x |
| Short | OKX BEAT-USDT-SWAP | 0.08774 | 0.0717 | get 0.0358% / 4h | 39m 55s | $4.0M | $11.1M | 10x |
BloFin BEAT-USDT
OKX BEAT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- $53.33
- Price spread: +0.274% → −0.057%
- $33.13
- Slippage, 4 orders
- −$47.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $16.47
- Costs to cover
- 0.700%
- Break-even
- 4.8 days
Slippage from BloFin: live order book, 61 min ago; OKX: live order book, 3 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 BloFin live order book, 61 min ago | 5.72 bp | 29.2 bp −$29 | 64.3 bp −$643 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.57 bp | 12.7 bp −$13 | 78.7 bp −$787 | 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 | 0.08752 | +0.028% | $49K | $34K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.08767 | +0.194% | $4.7M | $2.3M | 25x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.08736 | −0.161% | $34K | $588 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08786 | +0.411% | $1K | $1.5M | 20x | as long as short |
| KuCoin BEATUSDTM | +0.0218% | 4h | 0.08763 | +0.149% | $2.3M | $1.2M | 25x | as long as short |
| HTX BEAT-USDT | +0.0242% | 4h | 0.08790 | +0.457% | $121K | $67K | 20x | as long as short |
| Gate BEAT_USDT | +0.0343% | 8h | 0.08750 | 0.000% | $3.3M | $2.1M | 20x | as long as short |
| Bitget BEATUSDT | +0.0394% | 4h | 0.08770 | +0.229% | $1.3M | $1.2M | 10x | as long as short |
| edgeX BEATUSDC | +0.0401% | 4h | 0.08736 | −0.162% | $4K | $165K | 10x | as long as short |
| Extended BEAT-USD | +0.0408% | 1h | 0.08758 | +0.090% | $7K | $226K | 5x | as long as short |
Aster BEATUSDT
Bybit BEATUSDT
Variational Omni BEAT
SunX BEAT-USDT
KuCoin BEATUSDTM
HTX BEAT-USDT
Gate BEAT_USDT
Bitget BEATUSDT
edgeX BEATUSDC
Extended BEAT-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BEAT_USDT | +0.0408% | 4h | 0.08760 | +0.114% | $5.8M | $2.5M | 100x | as long as short |
| Binance BEATUSDT | +0.0410% | 4h | 0.08773 | +0.262% | $8.0M | $11.8M | 10x | as long as short |
| BloFin BEAT-USDTlong | +0.0463% | 4h | 0.08750 | long leg | $480K | $40K | 10x | |
| BingX BEAT-USDT | +0.0672% | 4h | 0.08770 | +0.229% | — | $7.6M | — | as long as short |
| OKX BEAT-USDT-SWAPshort | +0.0717% | 4h | 0.08774 | +0.274% | $4.0M | $11.1M | 10x |
MEXC BEAT_USDT
Binance BEATUSDT
BingX BEAT-USDT