BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0250%/8h= −27.4% APRnext payment −$1.25 per $10,000 · paid last 24h +0.069%

Price spread now: Binance against OKX−0.041%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$600.601% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.041%, 7d avg −0.013%

Together, before fees−0.084%−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Binance is 0.029% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.013%). 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 −$1.25 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	0.08862	0.0734	pay 0.0367% / 4h	23m 41s	$4.1M	$11.4M	10x
Short	Binance BEATUSDT	0.08858	0.0483	get 0.0242% / 4h	23m 41s	$8.1M	$11.9M	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BinancebpOrdersPrice spread, now −0.041%Rate

Funding earned: −$52.52
Price spread: −0.041% → −0.013%: −$2.87
Slippage, 4 orders: −$40.11
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$115.5
Costs to cover: 0.601%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Binance: live order book, 1 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, 4 min ago	1.13 bp	18.6 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	5.63 bp	14.0 bp −$14	99.3 bp −$993	2380.4 bp −$238.0K	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	0.08852	−0.110%	$49K	$34K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08853	−0.102%	$4.7M	$2.3M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08833	−0.323%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08875	+0.147%	$2K	$1.5M	20x	as long as short
KuCoin BEATUSDTM	+0.0268%	4h	0.08854	−0.090%	$2.4M	$1.2M	25x	as long as short
HTX BEAT-USDT	+0.0277%	4h	0.08874	+0.135%	$122K	$67K	20x	as long as short
Gate BEAT_USDT	+0.0350%	8h	0.08850	−0.135%	$3.3M	$2.1M	20x	as long as short
Bitget BEATUSDT	+0.0372%	4h	0.08860	−0.023%	$1.3M	$1.2M	10x	as long as short
BloFin BEAT-USDT	+0.0468%	4h	0.08880	+0.203%	$482K	$41K	10x	as long as short
Extended BEAT-USD	+0.0480%	1h	0.08855	−0.077%	$5K	$225K	5x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX BEATUSDC	+0.0481%	4h	0.08834	−0.312%	$4K	$165K	10x	as long as short
MEXC BEAT_USDT	+0.0482%	4h	0.08850	−0.135%	$5.8M	$2.5M	100x	as long as short
Binance BEATUSDTshort	+0.0483%	4h	0.08858	−0.041%	$8.1M	$11.9M	10x
BingX BEAT-USDT	+0.0704%	4h	0.08850	−0.135%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAPlong	+0.0734%	4h	0.08862	long leg	$4.1M	$11.4M	10x