Funding you earn now, next payment 00:00 UTC−0.0472%/8h= −51.6% APRnext payment −$2.36 per $10,000 · paid last 24h −0.008%
Price spread now: Binance against KuCoin−0.064%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1471.469% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)+0.036%+$4 · spread now −0.064%, 7d avg +0.046%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Binance is 0.110% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.144% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.36 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 | KuCoin BEATUSDTM | 0.08713 | 0.0814 | pay 0.0407% / 4h | 2h 31m | $2.5M | $1.1M | 25x |
| Short | Binance BEATUSDT | 0.08707 | 0.0342 | get 0.0171% / 4h | 2h 31m | $8.2M | $10.5M | 10x |
KuCoin BEATUSDTM
Binance BEATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$99.05
- Price spread: −0.064% → +0.046%
- −$11.02
- Slippage, 4 orders
- −$124.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$256.94
- Costs to cover
- 1.469%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 9 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 KuCoin live order book, 6 min ago | 4.01 bp | 50.9 bp −$51 | 703.9 bp −$7,039 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 5.75 bp | 22.0 bp −$22 | 78.7 bp −$787 | 2212.4 bp −$221.2K | 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 | 0.08704 | −0.105% | $48K | $31K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.08704 | −0.103% | $4.6M | $2.1M | 25x | as long as short |
| Gate BEAT_USDT | +0.0100% | 8h | 0.08700 | −0.149% | $3.2M | $2.0M | 20x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.08715 | +0.019% | $33K | $587 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08719 | +0.069% | $1K | $1.3M | 20x | as long as short |
| OKX BEAT-USDT-SWAP | +0.0112% | 4h | 0.08717 | +0.046% | $4.2M | $9.8M | 10x | as long as short |
| Bitget BEATUSDT | +0.0218% | 4h | 0.08720 | +0.080% | $1.3M | $1.1M | 10x | as long as short |
| HTX BEAT-USDT | +0.0221% | 4h | 0.08747 | +0.390% | $120K | $66K | 20x | as long as short |
| Binance BEATUSDTshort | +0.0342% | 4h | 0.08707 | −0.064% | $8.2M | $10.5M | 10x | |
| Extended BEAT-USD | +0.0344% | 1h | 0.08708 | −0.059% | $5K | $221K | 5x | as long as short |
Aster BEATUSDT
Bybit BEATUSDT
Gate BEAT_USDT
Variational Omni BEAT
SunX BEAT-USDT
OKX BEAT-USDT-SWAP
Bitget BEATUSDT
HTX BEAT-USDT
Extended BEAT-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BEAT_USDT | +0.0344% | 4h | 0.08700 | −0.149% | $5.8M | $2.4M | 100x | as long as short |
| BingX BEAT-USDT | +0.0350% | 4h | 0.08710 | −0.034% | — | $7.6M | — | as long as short |
| BloFin BEAT-USDT | +0.0350% | 4h | 0.08720 | +0.080% | $491K | $50K | 10x | as long as short |
| edgeX BEATUSDC | +0.0351% | 4h | 0.08735 | +0.248% | $4K | $165K | 10x | as long as short |
| KuCoin BEATUSDTMlong | +0.0814% | 4h | 0.08713 | long leg | $2.5M | $1.1M | 25x |
MEXC BEAT_USDT
BingX BEAT-USDT
BloFin BEAT-USDT
edgeX BEATUSDC