BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0575%/8h= −63.0% APRnext payment −$2.88 per $10,000 · paid last 24h −0.013%

Price spread now: SunX against OKX+0.091%7-day average +0.155% · you sell dearer than you buy

Net, funding: paid 7d − costs−$196as in the Funding arb table

Net, price: spread back to 7d avg − costs−$179as in the Price arb table

costs, in and out, $10k−$1731.726% of the position

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.236%−$24 on $10k

Price spread, last 4 days (all we have)+0.908%+$91 · spread now +0.091%, 7d avg +0.155%

Together, before fees+0.671%+$67 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and SunX is 0.063% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.155%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.236% in total (about -12.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.88 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	0.08747	0.0675	pay 0.0338% / 4h	1h 03m	$4.0M	$11.0M	10x
Short	SunX BEAT-USDT	0.08755	0.0100	get 0.0050% / 4h	1h 03m	$2K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.091%Rate

Funding earned: −$120.83
Price spread: +0.091% → +0.155%: −$6.33
Slippage, 4 orders: −$154.57
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$299.73
Costs to cover: 1.726%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; SunX: live order book, 11 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	0.57 bp	15.6 bp −$16	83.9 bp −$839	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	35.19 bp	84.9 bp −$85	doesn't fit	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	0.08735	−0.132%	$49K	$34K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08744	−0.034%	$4.7M	$2.3M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08736	−0.128%	$34K	$588	—	as long as short
SunX BEAT-USDTshort	+0.0100%	4h	0.08755	+0.091%	$2K	$1.5M	20x
HTX BEAT-USDT	+0.0219%	4h	0.08781	+0.389%	$121K	$67K	20x	as long as short
KuCoin BEATUSDTM	+0.0252%	4h	0.08735	−0.137%	$2.3M	$1.2M	25x	as long as short
BloFin BEAT-USDT	+0.0401%	4h	0.08760	+0.149%	$484K	$40K	10x	as long as short
Bitget BEATUSDT	+0.0446%	4h	0.08740	−0.080%	$1.3M	$1.2M	10x	as long as short
Extended BEAT-USD	+0.0448%	1h	0.08742	−0.052%	$7K	$226K	5x	as long as short
MEXC BEAT_USDT	+0.0448%	4h	0.08730	−0.194%	$5.8M	$2.6M	100x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BEATUSDT	+0.0449%	4h	0.08748	+0.016%	$8.1M	$11.8M	10x	as long as short
edgeX BEATUSDC	+0.0464%	4h	0.08740	−0.080%	$4K	$165K	10x	as long as short
Gate BEAT_USDT	+0.0503%	8h	0.08730	−0.194%	$3.2M	$2.1M	20x	as long as short
BingX BEAT-USDT	+0.0640%	4h	0.08740	−0.080%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAPlong	+0.0675%	4h	0.08747	long leg	$4.0M	$11.0M	10x