Settings8H · net · $10k
Funding arb · Price arb /

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0223%/8h= +24.5% APRnext payment +$1.12 per $10,000 · paid last 24h +0.062%
Price spread now: KuCoin against BloFin+0.111%7-day average −0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1901.903% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.148%+$15 on $10k
Price spread, last 4 days (all we have)−0.996%−$100 · spread now +0.111%, 7d avg −0.110%
Together, before fees−0.848%−$85 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.221% dearer against BloFin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.110%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.148% in total (about 7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.12 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
LongBloFin BEAT-USDT0.089900.0051pay 0.0025% / 4h3h 48m$494K$42K10x
ShortKuCoin BEATUSDTM0.090000.0274get 0.0137% / 4h3h 48m$2.3M$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
$46.89
Price spread: +0.111% → −0.110%
$22.12
Slippage, 4 orders
−$166.31
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$121.3
Costs to cover
1.903%
Break-even
25.1 days
Slippage from BloFin: live order book, 27 min ago; KuCoin: live order book, 8 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 BloFin live order book, 27 min ago16.31 bp30.8 bp −$3159.0 bp −$590doesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago3.32 bp57.8 bp −$58doesn'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
BloFin BEAT-USDTlong+0.0051%4h0.08990long leg$494K$42K10x
Aster BEATUSDT+0.0100%4h0.08994+0.046%$52K$33K10xas long as short
Bybit BEATUSDT+0.0100%4h0.09005+0.167%$4.8M$2.7M25xas long as short
Gate BEAT_USDT+0.0100%8h0.09000+0.111%$3.4M$2.4M20xas long as short
MEXC BEAT_USDT+0.0100%4h0.09000+0.111%$6.1M$3.0M100xas long as short
Variational Omni BEAT+0.0100%4h0.089900.000%$34K$179as long as short
SunX BEAT-USDT+0.0100%4h0.09015+0.278%$1K$1.8M20xas long as short
Binance BEATUSDT+0.0102%4h0.09010+0.222%$8.2M$14.5M10xas long as short
Extended BEAT-USD+0.0104%1h0.09008+0.195%$8K$291K5xas long as short
edgeX BEATUSDC+0.0117%4h0.09021+0.349%$4K$167K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BEAT-USDT+0.0125%4h0.09042+0.578%$127K$62K20xas long as short
Bitget BEATUSDT+0.0176%4h0.09000+0.111%$1.4M$1.6M10xas long as short
OKX BEAT-USDT-SWAP+0.0241%4h0.09017+0.300%$4.3M$14.1M10xas long as short
BingX BEAT-USDT+0.0242%4h0.09000+0.111%$7.7Mas long as short
KuCoin BEATUSDTMshort+0.0274%4h0.09000+0.111%$2.3M$1.4M25x