BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0276%/8h= −30.2% APRnext payment −$1.38 per $10,000 · paid last 24h −0.126%

Price spread now: Bybit against KuCoin−0.045%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$354as in the Funding arb table

Net, price: spread back to 7d avg − costs−$320as in the Price arb table

costs, in and out, $10k−$3173.173% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.370%−$37 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.045%, 7d avg −0.019%

Together, before fees−0.371%−$37 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.026% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.019%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BEATUSDTM	0.08905	0.0376	pay 0.0188% / 4h	2h 22m	$2.3M	$1.3M	25x
Short	Bybit BEATUSDT	0.08901	0.0100	get 0.0050% / 4h	2h 22m	$4.8M	$2.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$57.96
Price spread: −0.045% → −0.019%: −$2.63
Slippage, 4 orders: −$294.27
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$377.86
Costs to cover: 3.173%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago	9.01 bp	71.2 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.56 bp	86.3 bp −$86	517.2 bp −$5,172	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	0.08906	+0.013%	$50K	$31K	10x	as long as short
Bybit BEATUSDTshort	+0.0100%	4h	0.08901	−0.045%	$4.8M	$2.4M	25x
Variational Omni BEAT	+0.0100%	4h	0.08872	−0.370%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08904	−0.011%	$1K	$1.6M	20x	as long as short
Bitget BEATUSDT	+0.0180%	4h	0.08900	−0.056%	$1.3M	$1.4M	10x	as long as short
Gate BEAT_USDT	+0.0304%	8h	0.08880	−0.281%	$3.3M	$2.3M	20x	as long as short
edgeX BEATUSDC	+0.0336%	4h	0.08884	−0.241%	$4K	$165K	10x	as long as short
BloFin BEAT-USDT	+0.0344%	4h	0.08890	−0.168%	$485K	$42K	10x	as long as short
MEXC BEAT_USDT	+0.0350%	4h	0.08900	−0.056%	$6.0M	$2.6M	100x	as long as short
Extended BEAT-USD	+0.0352%	1h	0.08907	+0.026%	$7K	$205K	5x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BEATUSDT	+0.0355%	4h	0.08909	+0.051%	$8.1M	$13.1M	10x	as long as short
KuCoin BEATUSDTMlong	+0.0376%	4h	0.08905	long leg	$2.3M	$1.3M	25x
HTX BEAT-USDT	+0.0377%	4h	0.08906	+0.011%	$123K	$63K	20x	as long as short
BingX BEAT-USDT	+0.0520%	4h	0.08900	−0.056%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAP	+0.0553%	4h	0.08913	+0.090%	$4.2M	$12.4M	10x	as long as short