BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0252%/8h= +27.6% APRnext payment +$1.26 per $10,000 · paid last 24h +0.040%

Price spread now: KuCoin against Binance+0.034%7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1511.510% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.034%, 7d avg −0.048%

Together, before fees+0.230%+$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.082% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.048%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.164% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.26 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	Binance BEATUSDT	0.08770	0.0424	pay 0.0212% / 4h	3h 11m	$8.2M	$11.0M	10x
Short	KuCoin BEATUSDTM	0.08773	0.0676	get 0.0338% / 4h	3h 11m	$2.4M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.034%Rate

Funding earned: $53
Price spread: +0.034% → −0.048%: $8.2
Slippage, 4 orders: −$129.04
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$89.84
Costs to cover: 1.510%
Break-even: 18.9 days

Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 5 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 Binance live order book, 13 min ago	5.72 bp	15.5 bp −$16	101.5 bp −$1,015	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	7.42 bp	70.1 bp −$70	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	0.08780	+0.114%	$49K	$27K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08768	−0.023%	$4.7M	$2.2M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08758	−0.141%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08803	+0.376%	$1K	$1.4M	20x	as long as short
HTX BEAT-USDT	+0.0220%	4h	0.08820	+0.570%	$121K	$66K	20x	as long as short
OKX BEAT-USDT-SWAP	+0.0293%	4h	0.08774	+0.046%	$4.2M	$10.3M	10x	as long as short
edgeX BEATUSDC	+0.0399%	4h	0.08775	+0.059%	$4K	$166K	10x	as long as short
Extended BEAT-USD	+0.0416%	1h	0.08778	+0.091%	$4K	$226K	5x	as long as short
MEXC BEAT_USDT	+0.0418%	4h	0.08770	0.000%	$5.8M	$2.5M	100x	as long as short
Binance BEATUSDTlong	+0.0424%	4h	0.08770	long leg	$8.2M	$11.0M	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BEAT-USDT	+0.0449%	4h	0.08780	+0.114%	$488K	$49K	10x	as long as short
BingX BEAT-USDT	+0.0492%	4h	0.08770	0.000%	—	$7.6M	—	as long as short
Bitget BEATUSDT	+0.0524%	4h	0.08780	+0.114%	$1.3M	$1.1M	10x	as long as short
Gate BEAT_USDT	+0.0562%	8h	0.08770	0.000%	$3.3M	$2.0M	20x	as long as short
KuCoin BEATUSDTMshort	+0.0676%	4h	0.08773	+0.034%	$2.4M	$1.2M	25x