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−0.0183%/8h= −20.0% APRnext payment $0.91 per $10,000 · paid last 24h −0.074%
Price spread now: OKX against Binance+0.050%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$680.684% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 3 days (all we have)+0.044%+$4 · spread now +0.050%, 7d avg +0.009%
Together, before fees+0.082%+$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.041% dearer against Binance than usual: you sell high and buy low (spread +0.050% now, against its 7-day average of +0.009%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BEATUSDT0.086900.0340pay 0.0170% / 4h2h 04m$8.1M$10.6M10x
ShortOKX BEAT-USDT-SWAP0.086940.0157get 0.0079% / 4h2h 04m$4.2M$9.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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
−$38.34
Price spread: +0.050% → +0.009%
$4.07
Slippage, 4 orders
−$48.36
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$102.63
Costs to cover
0.684%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; OKX: 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 Binance live order book, 6 min ago5.74 bp19.4 bp −$19140.4 bp −$1,404doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago1.15 bp16.2 bp −$16130.5 bp −$1,305doesn'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%4h0.08677−0.144%$48K$31K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08685−0.054%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08680−0.111%$3.2M$2.1M20xas long as short
Variational Omni BEAT+0.0100%4h0.08682−0.087%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08708+0.211%$2K$1.3M20xas long as short
OKX BEAT-USDT-SWAPshort+0.0157%4h0.08694+0.050%$4.2M$9.8M10x
Bitget BEATUSDT+0.0220%4h0.08700+0.119%$1.3M$1.2M10xas long as short
BloFin BEAT-USDT+0.0284%4h0.08680−0.111%$491K$49K10xas long as short
HTX BEAT-USDT+0.0297%4h0.08717+0.314%$120K$66K20xas long as short
MEXC BEAT_USDT+0.0334%4h0.08680−0.111%$5.8M$2.4M100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BEATUSDC+0.0336%4h0.08700+0.117%$4K$165K10xas long as short
Extended BEAT-USD+0.0336%1h0.08689−0.009%$5K$221K5xas long as short
BingX BEAT-USDT+0.0336%4h0.08690+0.004%$7.6Mas long as short
Binance BEATUSDTlong+0.0340%4h0.08690long leg$8.1M$10.6M10x
KuCoin BEATUSDTM+0.0774%4h0.08690+0.004%$2.5M$1.1M25xas long as short