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

BEAT

all BEAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h −0.010%
Price spread now: Extended against KuCoin−0.018%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2252.248% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.128%−$13 on $10k
Price spread, last 3 days (all we have)−0.130%−$13 · spread now −0.018%, 7d avg +0.010%
Together, before fees−0.258%+ Points / potential airdropExtended: Active · farm board−$26 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 Extended is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.128% in total (about -6.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BEATUSDTM0.087140.0820pay 0.0410% / 4h2h 29m$2.5M$1.1M25x
ShortExtended BEAT-USD0.087120.0344get 0.0043% / 1h29m 25s$5K$221K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$99.96
Price spread: −0.018% → +0.010%
−$2.84
Slippage, 4 orders
−$207.8
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$327.6
Costs to cover
2.248%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Extended: live order book, 57 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, 2 min ago6.88 bp74.5 bp −$75doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 57 min ago6.33 bp39.6 bp −$40259.5 bp −$2,595doesn't fitdoesn'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%4h0.08700−0.164%$48K$31K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08708−0.069%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08700−0.161%$3.2M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08704−0.114%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08729+0.172%$998$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0125%4h0.08709−0.057%$4.2M$9.8M10xas long as short
Bitget BEATUSDT+0.0216%4h0.08720+0.069%$1.3M$1.1M10xas long as short
HTX BEAT-USDT+0.0221%4h0.08747+0.379%$120K$66K20xas long as short
Binance BEATUSDT+0.0340%4h0.08716+0.025%$8.2M$10.5M10xas long as short
MEXC BEAT_USDT+0.0342%4h0.08710−0.046%$5.8M$2.4M100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BEAT-USDshort+0.0344%1h0.08712−0.018%$5K$221K5x
edgeX BEATUSDC+0.0345%4h0.08714−0.003%$4K$166K10xas long as short
BingX BEAT-USDT+0.0350%4h0.08710−0.046%$7.6Mas long as short
BloFin BEAT-USDT+0.0350%4h0.08720+0.069%$491K$50K10xas long as short
KuCoin BEATUSDTMlong+0.0820%4h0.08714long leg$2.5M$1.1M25x