Funding you earn now, next payment 00:00 UTC−0.0654%/8h= −71.6% APRnext payment −$3.27 per $10,000 · paid last 24h −0.066%
Price spread now: Bitget against KuCoin+0.115%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1931.933% of the position
Funding, last 7 days−0.195%−$19 on $10k
+Price spread, last 3 days (all we have)−0.058%−$6 · spread now +0.115%, 7d avg +0.071%
=The price spread pays, funding is against you. Bitget is 0.044% dearer against KuCoin than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.071%): +$4 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.195% in total) that is about 38 hours.
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 −$3.27 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 | 0.08720 | 0.0954 | pay 0.0477% / 4h | 57m 16s | $2.5M | $1.1M | 25x |
| Short | Bitget BEATUSDT | 0.08730 | 0.0300 | get 0.0150% / 4h | 57m 16s | $1.3M | $1.2M | 10x |
KuCoin BEATUSDTM
Bitget BEATUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$137.34
- Price spread: +0.115% → +0.071%
- $4.39
- Slippage, 4 orders
- −$169.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$326.24
- Costs to cover
- 1.933%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Bitget: live order book, 4 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, 10 min ago | 6.32 bp | 75.7 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 5.72 bp | 24.6 bp −$25 | 71.0 bp −$710 | doesn't fit | 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 | 0.08717 | −0.038% | $48K | $30K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.08713 | −0.080% | $4.6M | $2.1M | 25x | as long as short |
| Gate BEAT_USDT | +0.0100% | 8h | 0.08710 | −0.115% | $3.3M | $2.0M | 20x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.08725 | +0.061% | $34K | $587 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08734 | +0.161% | $1K | $1.3M | 20x | as long as short |
| OKX BEAT-USDT-SWAP | +0.0170% | 4h | 0.08723 | +0.034% | $4.2M | $10.0M | 10x | as long as short |
| Bitget BEATUSDTshort | +0.0300% | 4h | 0.08730 | +0.115% | $1.3M | $1.2M | 10x | |
| HTX BEAT-USDT | +0.0347% | 4h | 0.08738 | +0.206% | $120K | $66K | 20x | as long as short |
| BloFin BEAT-USDT | +0.0392% | 4h | 0.08700 | −0.229% | $485K | $50K | 10x | as long as short |
| BingX BEAT-USDT | +0.0400% | 4h | 0.08720 | 0.000% | — | $7.6M | — | as long as short |
Aster BEATUSDT
Bybit BEATUSDT
Gate BEAT_USDT
Variational Omni BEAT
SunX BEAT-USDT
OKX BEAT-USDT-SWAP
HTX BEAT-USDT
BloFin BEAT-USDT
BingX BEAT-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BEATUSDT | +0.0413% | 4h | 0.08727 | +0.081% | $8.1M | $10.7M | 10x | as long as short |
| Extended BEAT-USD | +0.0416% | 1h | 0.08718 | −0.022% | $5K | $221K | 5x | as long as short |
| MEXC BEAT_USDT | +0.0420% | 4h | 0.08710 | −0.115% | $5.8M | $2.4M | 100x | as long as short |
| edgeX BEATUSDC | +0.0427% | 4h | 0.08714 | −0.067% | $4K | $164K | 10x | as long as short |
| KuCoin BEATUSDTMlong | +0.0954% | 4h | 0.08720 | long leg | $2.5M | $1.1M | 25x |
Binance BEATUSDT
Extended BEAT-USD
MEXC BEAT_USDT
edgeX BEATUSDC