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+0.0048%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.008%
Price spread now: OKX against SunX−0.184%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1711.712% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.231%+$23 on $10k
Price spread, last 3 days (all we have)−0.105%−$11 · spread now −0.184%, 7d avg −0.155%
Together, before fees+0.125%+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.029% cheaper against SunX than usual: you would sell low and buy high (spread −0.184% now, against its 7-day average of −0.155%). If the spread goes back, that is −$3 on $10k: about 2.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.231% in total) that is about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BEAT-USDT0.086870.0100pay 0.0050% / 4h23m 58s$2K$1.3M20x
ShortOKX BEAT-USDT-SWAP0.086710.0148get 0.0074% / 4h23m 58s$4.2M$10.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against SunX. 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
$10.01
Price spread: −0.184% → −0.155%
−$2.89
Slippage, 4 orders
−$153.24
Fee SunX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$164.13
Costs to cover
1.712%
Break-even
121.8 days
Slippage from SunX: live order book, 10 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 SunX live order book, 10 min ago35.02 bp53.1 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.58 bp19.6 bp −$20147.4 bp −$1,474doesn'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%4h0.08677−0.115%$48K$30K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08670−0.196%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08670−0.196%$3.3M$2.1M20xas long as short
Variational Omni BEAT+0.0100%4h0.086870.000%$33K$587as long as short
SunX BEAT-USDTlong+0.0100%4h0.08687long leg$2K$1.3M20x
OKX BEAT-USDT-SWAPshort+0.0148%4h0.08671−0.184%$4.2M$10.0M10x
Bitget BEATUSDT+0.0340%4h0.08680−0.081%$1.3M$1.2M10xas long as short
HTX BEAT-USDT+0.0342%4h0.08708+0.242%$120K$66K20xas long as short
BingX BEAT-USDT+0.0356%4h0.08670−0.196%$7.6Mas long as short
edgeX BEATUSDC+0.0362%4h0.08684−0.036%$4K$164K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0364%4h0.08670−0.196%$5.7M$2.4M100xas long as short
Binance BEATUSDT+0.0364%4h0.08679−0.097%$8.1M$10.8M10xas long as short
Extended BEAT-USD+0.0368%1h0.08674−0.144%$5K$221K5xas long as short
BloFin BEAT-USDT+0.0371%4h0.08690+0.035%$488K$50K10xas long as short
KuCoin BEATUSDTM+0.0774%4h0.08669−0.207%$2.5M$1.1M25xas long as short