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+0.0580%/8h= +63.5% APRnext payment +$2.90 per $10,000 · paid last 24h +0.066%
Price spread now: KuCoin against Bitget+0.149%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1611.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.195%+$19 on $10k
Price spread, last 3 days (all we have)−0.206%−$21 · spread now +0.149%, 7d avg −0.071%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and KuCoin is 0.220% dearer against Bitget than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.071%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.195% in total (about 10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.90 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
LongBitget BEATUSDT0.087000.0234pay 0.0117% / 4h1h 43m$1.3M$1.2M10x
ShortKuCoin BEATUSDTM0.087130.0814get 0.0407% / 4h1h 43m$2.5M$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$121.8
Price spread: +0.149% → −0.071%
$22.02
Slippage, 4 orders
−$137.11
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$17.29
Costs to cover
1.611%
Break-even
8.0 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 3 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 Bitget live order book, 3 min ago5.74 bp28.4 bp −$2872.2 bp −$722doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago6.32 bp49.5 bp −$49doesn'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%4h0.08695−0.055%$48K$30K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08710+0.115%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.087000.000%$3.2M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08698−0.027%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08718+0.207%$2K$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0169%4h0.08715+0.172%$4.2M$9.9M10xas long as short
Bitget BEATUSDTlong+0.0234%4h0.08700long leg$1.3M$1.2M10x
HTX BEAT-USDT+0.0260%4h0.08757+0.655%$120K$65K20xas long as short
BloFin BEAT-USDT+0.0299%4h0.08710+0.115%$489K$50K10xas long as short
Extended BEAT-USD+0.0328%1h0.08715+0.178%$5K$221K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0328%4h0.08710+0.115%$5.8M$2.4M100xas long as short
Binance BEATUSDT+0.0331%4h0.08717+0.193%$8.1M$10.6M10xas long as short
edgeX BEATUSDC+0.0332%4h0.08695−0.056%$4K$166K10xas long as short
BingX BEAT-USDT+0.0346%4h0.08710+0.115%$7.6Mas long as short
KuCoin BEATUSDTMshort+0.0814%4h0.08713+0.149%$2.5M$1.1M25x