Settings8H · net · $10k
Funding arb · Price arb /

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0592%/8h= +64.8% APRnext payment +$2.96 per $10,000 · paid last 24h −0.017%
Price spread now: OKX against HTX−0.111%7-day average −0.241% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1431.434% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.203%−$20 · spread now −0.111%, 7d avg −0.241%
Together, before fees−0.212%−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and OKX is 0.130% dearer against HTX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.241%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BEAT-USDT0.089900.0100pay 0.0050% / 4h3h 28m$124K$72K20x
ShortOKX BEAT-USDT-SWAP0.089800.0692get 0.0346% / 4h3h 28m$4.2M$12.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against HTX. 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
$124.32
Price spread: −0.111% → −0.241%
$13.02
Slippage, 4 orders
−$121.42
Fee HTX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$6.08
Costs to cover
1.434%
Break-even
7.3 days
Slippage from HTX: live order book, 23 min ago; OKX: live order book, 5 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 HTX live order book, 23 min ago20.10 bp57.3 bp −$57doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago0.56 bp23.3 bp −$23123.1 bp −$1,231doesn'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%4h0.08983−0.082%$50K$32K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08980−0.111%$4.8M$2.3M25xas long as short
Variational Omni BEAT+0.0100%4h0.08986−0.045%$34K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08995+0.056%$2K$1.5M20xas long as short
HTX BEAT-USDTlong+0.0100%4h0.08990long leg$124K$72K20x
KuCoin BEATUSDTM+0.0142%4h0.08979−0.122%$2.4M$1.3M25xas long as short
Bitget BEATUSDT+0.0232%4h0.089900.000%$1.4M$1.3M10xas long as short
Gate BEAT_USDT+0.0289%8h0.08970−0.222%$3.3M$2.2M20xas long as short
Extended BEAT-USD+0.0384%1h0.08987−0.030%$4K$223K5xas long as short
MEXC BEAT_USDT+0.0386%4h0.08980−0.111%$5.9M$2.6M100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BEATUSDT+0.0386%4h0.08989−0.015%$8.3M$12.4M10xas long as short
BloFin BEAT-USDT+0.0394%4h0.08970−0.222%$487K$42K10xas long as short
edgeX BEATUSDC+0.0401%4h0.08989−0.010%$4K$166K10xas long as short
BingX BEAT-USDT+0.0678%4h0.08970−0.222%$7.6Mas long as short
OKX BEAT-USDT-SWAPshort+0.0692%4h0.08980−0.111%$4.2M$12.0M10x