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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BEAT-USDT | 0.08687 | 0.0100 | pay 0.0050% / 4h | 23m 58s | $2K | $1.3M | 20x |
| Short | OKX BEAT-USDT-SWAP | 0.08671 | 0.0148 | get 0.0074% / 4h | 23m 58s | $4.2M | $10.0M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 10 min ago | 35.02 bp | 53.1 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.58 bp | 19.6 bp −$20 | 147.4 bp −$1,474 | 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 | 0.08677 | −0.115% | $48K | $30K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.08670 | −0.196% | $4.6M | $2.1M | 25x | as long as short |
| Gate BEAT_USDT | +0.0100% | 8h | 0.08670 | −0.196% | $3.3M | $2.1M | 20x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.08687 | 0.000% | $33K | $587 | — | as long as short |
| SunX BEAT-USDTlong | +0.0100% | 4h | 0.08687 | long leg | $2K | $1.3M | 20x | |
| OKX BEAT-USDT-SWAPshort | +0.0148% | 4h | 0.08671 | −0.184% | $4.2M | $10.0M | 10x | |
| Bitget BEATUSDT | +0.0340% | 4h | 0.08680 | −0.081% | $1.3M | $1.2M | 10x | as long as short |
| HTX BEAT-USDT | +0.0342% | 4h | 0.08708 | +0.242% | $120K | $66K | 20x | as long as short |
| BingX BEAT-USDT | +0.0356% | 4h | 0.08670 | −0.196% | — | $7.6M | — | as long as short |
| edgeX BEATUSDC | +0.0362% | 4h | 0.08684 | −0.036% | $4K | $164K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BEAT_USDT | +0.0364% | 4h | 0.08670 | −0.196% | $5.7M | $2.4M | 100x | as long as short |
| Binance BEATUSDT | +0.0364% | 4h | 0.08679 | −0.097% | $8.1M | $10.8M | 10x | as long as short |
| Extended BEAT-USD | +0.0368% | 1h | 0.08674 | −0.144% | $5K | $221K | 5x | as long as short |
| BloFin BEAT-USDT | +0.0371% | 4h | 0.08690 | +0.035% | $488K | $50K | 10x | as long as short |
| KuCoin BEATUSDTM | +0.0774% | 4h | 0.08669 | −0.207% | $2.5M | $1.1M | 25x | as long as short |
SunX BEAT-USDT
OKX BEAT-USDT-SWAP
Aster BEATUSDT
Bybit BEATUSDT
Gate BEAT_USDT
Variational Omni BEAT
Bitget BEATUSDT
HTX BEAT-USDT
BingX BEAT-USDT
edgeX BEATUSDC
MEXC BEAT_USDT
Binance BEATUSDT
Extended BEAT-USD
BloFin BEAT-USDT
KuCoin BEATUSDTM