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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0141%/8h= +15.4% APRnext payment +$0.70 per $10,000 · paid last 24h −0.047%
Price spread now: BloFin against KuCoin−0.103%65s7-day average +0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1641.641% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$16 on $10k
Price spread, last 4 days (all we have)+0.988%+$99 · spread now −0.103%, 7d avg +0.122%
Together, before fees+0.823%+$82 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.225% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of +0.122%). If the spread goes back, that is −$22 on $10k: about 5.3 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.165%, so the current rate has only just turned in your favour. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BEATUSDTM0.087390.0314pay 0.0157% / 4h1h 32m$2.4M$1.2M25x
ShortBloFin BEAT-USDT0.087300.0455get 0.0227% / 4h1h 32m$482K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$29.53
Price spread: −0.103% → +0.122%
−$22.45
Slippage, 4 orders
−$140.1
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$157.03
Costs to cover
1.641%
Break-even
44.2 days
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 9 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 KuCoin live order book, 5 min ago5.15 bp67.3 bp −$67doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 9 min ago5.72 bp11.7 bp −$1249.2 bp −$492546.4 bp −$54.6Kdoesn'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%4h0.08748+0.102%$49K$33K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08742+0.034%$4.7M$2.2M25xas long as short
Variational Omni BEAT+0.0100%4h0.08747+0.089%$34K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08765+0.298%$2K$1.4M20xas long as short
HTX BEAT-USDT+0.0218%4h0.08767+0.320%$120K$67K20xas long as short
KuCoin BEATUSDTMlong+0.0314%4h0.08739long leg$2.4M$1.2M25x
edgeX BEATUSDC+0.0446%4h0.08742+0.040%$4K$165K10xas long as short
Extended BEAT-USD+0.0448%1h0.08748+0.098%$4K$226K5xas long as short
Binance BEATUSDT+0.0450%4h0.08747+0.093%$8.1M$11.6M10xas long as short
Gate BEAT_USDT+0.0451%8h0.08730−0.103%$3.2M$2.1M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0454%4h0.08740+0.011%$5.7M$2.5M100xas long as short
BloFin BEAT-USDTshort+0.0455%4h0.08730−0.103%$482K$40K10x
Bitget BEATUSDT+0.0520%4h0.08750+0.126%$1.3M$1.2M10xas long as short
BingX BEAT-USDT+0.0534%4h0.08740+0.011%$7.6Mas long as short
OKX BEAT-USDT-SWAP+0.0594%4h0.08747+0.092%$4.0M$10.9M10xas long as short