Funding you earn now, next payment 08:00 UTC+0.0292%/8h= +32.0% APRnext payment +$1.46 per $10,000 · paid last 24h −0.037%
Price spread now: OKX against BloFin−0.011%83s7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as 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−$950.951% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)−0.178%−$18 · spread now −0.011%, 7d avg −0.054%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and OKX is 0.042% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.054%. The two prices were read 83 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 0.031% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.46 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 | 0.09020 | 0.0364 | pay 0.0182% / 4h | 3h 19m | $491K | $42K | 10x |
| Short | OKX BEAT-USDT-SWAP | 0.09019 | 0.0657 | get 0.0328% / 4h | 3h 19m | $4.2M | $12.1M | 10x |
Funding 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
- $61.4
- Price spread: −0.011% → −0.054%
- $4.24
- Slippage, 4 orders
- −$73.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$29.5
- Costs to cover
- 0.951%
- Break-even
- 10.4 days
Slippage from BloFin: live order book, 11 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, 11 min ago | 16.68 bp | 28.8 bp −$29 | 109.6 bp −$1,096 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.56 bp | 13.8 bp −$14 | 42.6 bp −$426 | 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 | 0.09006 | −0.151% | $50K | $32K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.09013 | −0.078% | $4.8M | $2.3M | 25x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.09014 | −0.062% | $35K | $588 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.09024 | +0.044% | $2K | $1.5M | 20x | as long as short |
| HTX BEAT-USDT | +0.0100% | 4h | 0.09058 | +0.421% | $125K | $72K | 20x | as long as short |
| KuCoin BEATUSDTM | +0.0150% | 4h | 0.09017 | −0.033% | $2.4M | $1.3M | 25x | as long as short |
| Bitget BEATUSDT | +0.0212% | 4h | 0.09020 | 0.000% | $1.4M | $1.3M | 10x | as long as short |
| Gate BEAT_USDT | +0.0277% | 8h | 0.09000 | −0.222% | $3.4M | $2.2M | 20x | as long as short |
| BloFin BEAT-USDTlong | +0.0364% | 4h | 0.09020 | long leg | $491K | $42K | 10x | |
| Binance BEATUSDT | +0.0368% | 4h | 0.09018 | −0.018% | $8.3M | $12.4M | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BEAT-USD | +0.0368% | 1h | 0.09019 | −0.015% | $4K | $225K | 5x | as long as short |
| MEXC BEAT_USDT | +0.0368% | 4h | 0.09010 | −0.111% | $6.0M | $2.6M | 100x | as long as short |
| edgeX BEATUSDC | +0.0369% | 4h | 0.08993 | −0.300% | $4K | $165K | 10x | as long as short |
| BingX BEAT-USDT | +0.0642% | 4h | 0.09010 | −0.111% | — | $7.6M | — | as long as short |
| OKX BEAT-USDT-SWAPshort | +0.0657% | 4h | 0.09019 | −0.011% | $4.2M | $12.1M | 10x |
BloFin BEAT-USDT
OKX BEAT-USDT-SWAP
Aster BEATUSDT
Bybit BEATUSDT
Variational Omni BEAT
SunX BEAT-USDT
HTX BEAT-USDT
KuCoin BEATUSDTM
Bitget BEATUSDT
Gate BEAT_USDT
Binance BEATUSDT
Extended BEAT-USD
MEXC BEAT_USDT
edgeX BEATUSDC
BingX BEAT-USDT