BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0671%/8h= −73.5% APRnext payment −$3.36 per $10,000 · paid last 24h −0.082%

Price spread now: OKX against KuCoin−0.127%7-day average +0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1311.313% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.106%−$11 on $10k

Price spread, last 3 days (all we have)+0.209%+$21 · spread now −0.127%, 7d avg +0.057%

Together, before fees+0.104%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and OKX is 0.185% cheaper against KuCoin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.057%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.36 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	0.08641	0.0826	pay 0.0413% / 4h	1h 27m	$2.5M	$1.1M	25x
Short	OKX BEAT-USDT-SWAP	0.08630	0.0155	get 0.0077% / 4h	1h 27m	$4.1M	$9.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.127%Rate

Funding earned: −$140.96
Price spread: −0.127% → +0.057%: −$18.47
Slippage, 4 orders: −$109.33
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$290.76
Costs to cover: 1.313%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; OKX: 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	4.63 bp	62.1 bp −$62	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.58 bp	18.2 bp −$18	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	0.08637	−0.047%	$48K	$30K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08627	−0.162%	$4.6M	$2.1M	25x	as long as short
Gate BEAT_USDT	+0.0100%	8h	0.08630	−0.127%	$3.2M	$2.0M	20x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08634	−0.076%	$33K	$587	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08654	+0.150%	$2K	$1.3M	20x	as long as short
OKX BEAT-USDT-SWAPshort	+0.0155%	4h	0.08630	−0.127%	$4.1M	$9.8M	10x
Bitget BEATUSDT	+0.0250%	4h	0.08640	−0.012%	$1.3M	$1.2M	10x	as long as short
HTX BEAT-USDT	+0.0257%	4h	0.08676	+0.405%	$119K	$65K	20x	as long as short
Extended BEAT-USD	+0.0304%	1h	0.08636	−0.053%	$5K	$221K	5x	as long as short
MEXC BEAT_USDT	+0.0306%	4h	0.08630	−0.127%	$5.8M	$2.4M	100x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BEATUSDT	+0.0308%	4h	0.08635	−0.065%	$8.1M	$10.7M	10x	as long as short
BingX BEAT-USDT	+0.0311%	4h	0.08640	−0.012%	—	$7.6M	—	as long as short
edgeX BEATUSDC	+0.0323%	4h	0.08659	+0.203%	$4K	$165K	10x	as long as short
BloFin BEAT-USDT	+0.0331%	4h	0.08630	−0.127%	$488K	$49K	10x	as long as short
KuCoin BEATUSDTMlong	+0.0826%	4h	0.08641	long leg	$2.5M	$1.1M	25x