BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0160%/8h= −17.5% APRnext payment −$1.60 per $10,000 · paid last 24h −0.017%

Price spread now: Binance against OKX−0.004%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$530.535% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 2 days (all we have)−0.049%−$5 · spread now −0.004%, 7d avg −0.009%

Together, before fees−0.034%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BE-USDT-SWAP	275.50	0.0257	pay 0.0257% / 8h	7h 51m	$2.6M	$6.9M	25x
Short	Binance BEUSDT	275.49	0.0098	get 0.0098% / 8h	7h 51m	$8.6M	$36.6M	25x

Funding history

latest

Range statsloading…

Binance against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee OKXbpFee BinancebpOrdersPrice spread, now −0.004%Rate

Slippage from OKX: live order book, 2 min ago; Binance: live order book, 6 min ago.

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, 2 min ago	3.27 bp	16.4 bp −$16	88.6 bp −$886	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	1.27 bp	10.3 bp −$10	28.4 bp −$284	124.2 bp −$12.4K	doesn't fit

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 BEUSDT	0.0000%	8h	275.05	−0.162%	$346K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	275.10	−0.145%	$1.5M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	275.25	−0.091%	$1.7M	$2.6M	20x	as long as short
SunX BE-USDT	0.0000%	8h	275.50	0.000%	$978	$2.5M	10x	as long as short
HTX BE-USDT	0.0000%	8h	275.50	0.000%	$13K	$33K	20x	as long as short
Lighter BE	+0.0032%	1h	275.14	−0.131%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	275.33	−0.062%	$251K	$300K	10x	as long as short
QFEX BE-USD	+0.0037%	1h	275.35	−0.054%	$1.3M	$3.8M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.71	−0.287%	$115K	$116K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	275.39	−0.040%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BE-USD	+0.0096%	1h	275.41	−0.032%	$47K	$277K	10x	as long as short
Binance BEUSDTshort	+0.0098%	8h	275.49	−0.004%	$8.6M	$36.6M	25x
KuCoin BEUSDTM	+0.0100%	8h	275.20	−0.109%	$372K	$22K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	275.00	−0.180%	—	—	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0128%	1h	273.32	−0.791%	$467K	$112K	10x	as long as short
Bybit BEUSDT	+0.0131%	8h	275.30	−0.073%	$2.0M	$1.2M	25x	as long as short
BloFin BE-USDT	+0.0218%	8h	275.41	−0.033%	$45K	$143K	20x	as long as short
OKX BE-USDT-SWAPlong	+0.0257%	8h	275.50	long leg	$2.6M	$6.9M	25x
GRVT BE_USDT_Perp	+0.0351%	8h	274.92	−0.211%	$7K	$179K	10x	as long as short
tradeXYZ xyz:BE	+0.0489%	1h	275.32	−0.065%	$5.9M	$2.9M	10x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0549%	1h	275.40	−0.036%	$7K	$4K	10x	as long as short