Funding you earn now, next payment 08:00 UTC−0.0316%/8h= −34.6% APRnext payment −$1.58 per $10,000 · paid last 24h +0.042%
Price spread now: Binance against OKX−0.056%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$830.835% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.056%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Binance is 0.042% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.58 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 | 0.08965 | 0.0687 | pay 0.0344% / 4h | 3h 26m | $4.2M | $11.9M | 10x |
| Short | Binance BEATUSDT | 0.08960 | 0.0371 | get 0.0186% / 4h | 3h 26m | $8.3M | $12.4M | 10x |
OKX BEAT-USDT-SWAP
Binance BEATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$66.27
- Price spread: −0.056% → −0.014%
- −$4.16
- Slippage, 4 orders
- −$63.5
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$153.93
- Costs to cover
- 0.835%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 14 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, 2 min ago | 0.56 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 5.60 bp | 23.8 bp −$24 | 117.7 bp −$1,177 | 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 | 0.08963 | −0.023% | $50K | $32K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.08957 | −0.089% | $4.8M | $2.3M | 25x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.08986 | +0.233% | $34K | $588 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08975 | +0.112% | $2K | $1.5M | 20x | as long as short |
| HTX BEAT-USDT | +0.0100% | 4h | 0.08979 | +0.156% | $123K | $72K | 20x | as long as short |
| KuCoin BEATUSDTM | +0.0134% | 4h | 0.08962 | −0.033% | $2.4M | $1.3M | 25x | as long as short |
| Bitget BEATUSDT | +0.0226% | 4h | 0.08970 | +0.056% | $1.4M | $1.3M | 10x | as long as short |
| Gate BEAT_USDT | +0.0283% | 8h | 0.08960 | −0.056% | $3.3M | $2.2M | 20x | as long as short |
| Binance BEATUSDTshort | +0.0371% | 4h | 0.08960 | −0.056% | $8.3M | $12.4M | 10x | |
| MEXC BEAT_USDT | +0.0380% | 4h | 0.08960 | −0.056% | $5.9M | $2.6M | 100x | as long as short |
Aster BEATUSDT
Bybit BEATUSDT
Variational Omni BEAT
SunX BEAT-USDT
HTX BEAT-USDT
KuCoin BEATUSDTM
Bitget BEATUSDT
Gate BEAT_USDT
MEXC BEAT_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BEAT-USD | +0.0384% | 1h | 0.08957 | −0.085% | $4K | $223K | 5x | as long as short |
| edgeX BEATUSDC | +0.0393% | 4h | 0.08980 | +0.165% | $4K | $165K | 10x | as long as short |
| BloFin BEAT-USDT | +0.0408% | 4h | 0.08970 | +0.056% | $487K | $42K | 10x | as long as short |
| BingX BEAT-USDT | +0.0678% | 4h | 0.08960 | −0.056% | — | $7.6M | — | as long as short |
| OKX BEAT-USDT-SWAPlong | +0.0687% | 4h | 0.08965 | long leg | $4.2M | $11.9M | 10x |
Extended BEAT-USD
edgeX BEATUSDC
BloFin BEAT-USDT
BingX BEAT-USDT