BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0454%/8h= −49.7% APRnext payment −$2.27 per $10,000 · paid last 24h −0.011%

Price spread now: BingX against KuCoin−0.092%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1441.438% of the position

Long on KuCoin Short on BingX

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)+0.081%+$8 · spread now −0.092%, 7d avg +0.021%

Together, before fees+0.097%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and BingX is 0.113% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.021%). Swap the legs.

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 −$2.27 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	0.08658	0.0794	pay 0.0397% / 4h	1h 36m	$2.5M	$1.1M	25x
Short	BingX BEAT-USDT	0.08650	0.0340	get 0.0170% / 4h	1h 36m	—	$7.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now −0.092%Rate

Funding earned: −$95.34
Price spread: −0.092% → +0.021%: −$11.33
Slippage, 4 orders: −$121.77
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$250.44
Costs to cover: 1.438%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; BingX: live order book, 2 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	4.02 bp	56.2 bp −$56	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	11.53 bp	16.5 bp −$17	35.8 bp −$358	260.5 bp −$26.0K	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	0.08651	−0.085%	$48K	$30K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08657	−0.012%	$4.6M	$2.1M	25x	as long as short
Gate BEAT_USDT	+0.0100%	8h	0.08650	−0.092%	$3.2M	$2.0M	20x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08705	+0.549%	$33K	$587	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08676	+0.208%	$2K	$1.3M	20x	as long as short
OKX BEAT-USDT-SWAP	+0.0168%	4h	0.08662	+0.046%	$4.1M	$9.8M	10x	as long as short
Bitget BEATUSDT	+0.0242%	4h	0.08670	+0.139%	$1.3M	$1.2M	10x	as long as short
HTX BEAT-USDT	+0.0256%	4h	0.08687	+0.335%	$119K	$65K	20x	as long as short
Binance BEATUSDT	+0.0326%	4h	0.08660	+0.027%	$8.1M	$10.6M	10x	as long as short
Extended BEAT-USD	+0.0328%	1h	0.08658	+0.005%	$5K	$221K	5x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BEAT_USDT	+0.0334%	4h	0.08650	−0.092%	$5.8M	$2.4M	100x	as long as short
BingX BEAT-USDTshort	+0.0340%	4h	0.08650	−0.092%	—	$7.6M	—
edgeX BEATUSDC	+0.0340%	4h	0.08694	+0.412%	$4K	$165K	10x	as long as short
BloFin BEAT-USDT	+0.0391%	4h	0.08670	+0.139%	$486K	$49K	10x	as long as short
KuCoin BEATUSDTMlong	+0.0794%	4h	0.08658	long leg	$2.5M	$1.1M	25x