BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.066%

Price spread now: HTX against KuCoin−0.459%7-day average +0.299% · you buy dearer than you sell

Net, funding: paid 7d − costs−$250as in the Funding arb table

Net, price: spread back to 7d avg − costs−$315as in the Price arb table

costs, in and out, $10k−$2392.390% of the position

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.108%−$11 on $10k

Price spread, last 4 days (all we have)+0.862%+$86 · spread now −0.459%, 7d avg +0.299%

Together, before fees+0.754%+$75 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and HTX is 0.758% cheaper against KuCoin than usual: you would sell low and buy high (−$76 if the spread goes back to its 7-day average of +0.299%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.108% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 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	0.09151	0.0416	pay 0.0208% / 4h	1h 03m	$2.4M	$1.3M	25x
Short	HTX BEAT-USDT	0.09109	0.0176	get 0.0088% / 4h	1h 03m	$127K	$69K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.459%Rate

Funding earned: −$50.48
Price spread: −0.459% → +0.299%: −$75.81
Slippage, 4 orders: −$215.05
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$365.33
Costs to cover: 2.390%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; HTX: live order book, 38 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, 3 min ago	7.12 bp	65.0 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 38 min ago	26.09 bp	53.0 bp −$53	doesn't fit	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	0.09149	−0.025%	$51K	$32K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.09160	+0.098%	$4.9M	$2.5M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.09122	−0.318%	$35K	$179	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.09144	−0.076%	$2K	$1.7M	20x	as long as short
Bitget BEATUSDT	+0.0170%	4h	0.09160	+0.098%	$1.4M	$1.5M	10x	as long as short
HTX BEAT-USDTshort	+0.0176%	4h	0.09109	−0.459%	$127K	$69K	20x
Binance BEATUSDT	+0.0328%	4h	0.09166	+0.168%	$8.4M	$14.0M	10x	as long as short
MEXC BEAT_USDT	+0.0332%	4h	0.09150	−0.011%	$6.2M	$2.8M	100x	as long as short
Extended BEAT-USD	+0.0336%	1h	0.09157	+0.070%	$6K	$282K	5x	as long as short
edgeX BEATUSDC	+0.0341%	4h	0.09127	−0.266%	$4K	$166K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BEAT-USDT	+0.0357%	4h	0.09120	−0.339%	$492K	$46K	10x	as long as short
Gate BEAT_USDT	+0.0379%	8h	0.09140	−0.120%	$3.5M	$2.4M	20x	as long as short
KuCoin BEATUSDTMlong	+0.0416%	4h	0.09151	long leg	$2.4M	$1.3M	25x
BingX BEAT-USDT	+0.0416%	4h	0.09160	+0.098%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAP	+0.0436%	4h	0.09163	+0.131%	$4.3M	$13.5M	10x	as long as short