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+0.0548%/8h= +60.0% APRnext payment +$2.74 per $10,000 · paid last 24h +0.011%
Price spread now: KuCoin against BingX+0.012%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1421.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now +0.012%, 7d avg −0.021%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and KuCoin is 0.032% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.021%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.74 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BEAT-USDT0.086600.0304pay 0.0152% / 4h1h 21m$7.6M
ShortKuCoin BEATUSDTM0.086610.0852get 0.0426% / 4h1h 21m$2.5M$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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
$115.08
Price spread: +0.012% → −0.021%
$3.24
Slippage, 4 orders
−$120.29
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$23.97
Costs to cover
1.423%
Break-even
8.5 days
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 6 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 BingX live order book, 7 min ago5.78 bp10.8 bp −$1123.3 bp −$233280.4 bp −$28.0Kdoesn't fit
Sell KuCoin live order book, 6 min ago5.78 bp47.4 bp −$47doesn't fitdoesn'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%4h0.08662+0.024%$48K$30K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08655−0.058%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08650−0.115%$3.2M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08637−0.261%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08674+0.162%$1K$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0152%4h0.08663+0.035%$4.2M$9.9M10xas long as short
HTX BEAT-USDT+0.0257%4h0.08707+0.543%$120K$65K20xas long as short
Bitget BEATUSDT+0.0260%4h0.08670+0.115%$1.3M$1.2M10xas long as short
edgeX BEATUSDC+0.0303%4h0.08643−0.200%$4K$165K10xas long as short
BingX BEAT-USDTlong+0.0304%4h0.08660long leg$7.6M
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0308%4h0.086600.000%$5.8M$2.4M100xas long as short
BloFin BEAT-USDT+0.0314%4h0.08680+0.231%$490K$49K10xas long as short
Binance BEATUSDT+0.0317%4h0.086600.000%$8.1M$10.7M10xas long as short
Extended BEAT-USD+0.0320%1h0.08658−0.019%$5K$221K5xas long as short
KuCoin BEATUSDTMshort+0.0852%4h0.08661+0.012%$2.5M$1.1M25x