Funding you earn now, next payment 04:00 UTC−0.0495%/8h= −54.2% APRnext payment −$2.48 per $10,000 · paid last 24h +0.109%
Price spread now: KuCoin against OKX−0.103%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1451.448% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.103%, 7d avg −0.062%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and KuCoin is 0.041% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.062%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.132%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.48 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 | OKX BEAT-USDT-SWAP | 0.08736 | 0.0707 | pay 0.0354% / 4h | 43m 13s | $4.0M | $11.1M | 10x |
| Short | KuCoin BEATUSDTM | 0.08727 | 0.0212 | get 0.0106% / 4h | 43m 13s | $2.3M | $1.2M | 25x |
OKX BEAT-USDT-SWAP
KuCoin BEATUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$103.98
- Price spread: −0.103% → −0.062%
- −$4.14
- Slippage, 4 orders
- −$122.84
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$252.97
- Costs to cover
- 1.448%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 3 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 OKX live order book, 5 min ago | 0.57 bp | 12.3 bp −$12 | 91.2 bp −$912 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 4.01 bp | 59.0 bp −$59 | 551.0 bp −$5,510 | 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 | 0.08735 | −0.013% | $49K | $34K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.08730 | −0.069% | $4.7M | $2.3M | 25x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.08720 | −0.184% | $34K | $588 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08746 | +0.114% | $1K | $1.5M | 20x | as long as short |
| KuCoin BEATUSDTMshort | +0.0212% | 4h | 0.08727 | −0.103% | $2.3M | $1.2M | 25x | |
| HTX BEAT-USDT | +0.0223% | 4h | 0.08762 | +0.298% | $120K | $67K | 20x | as long as short |
| Gate BEAT_USDT | +0.0366% | 8h | 0.08730 | −0.069% | $3.2M | $2.1M | 20x | as long as short |
| BloFin BEAT-USDT | +0.0379% | 4h | 0.08720 | −0.183% | $482K | $40K | 10x | as long as short |
| Extended BEAT-USD | +0.0400% | 1h | 0.08736 | +0.003% | $7K | $226K | 5x | as long as short |
| MEXC BEAT_USDT | +0.0400% | 4h | 0.08730 | −0.069% | $5.8M | $2.5M | 100x | as long as short |
Aster BEATUSDT
Bybit BEATUSDT
Variational Omni BEAT
SunX BEAT-USDT
HTX BEAT-USDT
Gate BEAT_USDT
BloFin BEAT-USDT
Extended BEAT-USD
MEXC BEAT_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BEATUSDT | +0.0401% | 4h | 0.08737 | +0.015% | $8.0M | $11.8M | 10x | as long as short |
| Bitget BEATUSDT | +0.0408% | 4h | 0.08730 | −0.069% | $1.3M | $1.2M | 10x | as long as short |
| edgeX BEATUSDC | +0.0410% | 4h | 0.08731 | −0.060% | $4K | $166K | 10x | as long as short |
| BingX BEAT-USDT | +0.0658% | 4h | 0.08730 | −0.069% | — | $7.6M | — | as long as short |
| OKX BEAT-USDT-SWAPlong | +0.0707% | 4h | 0.08736 | long leg | $4.0M | $11.1M | 10x |
Binance BEATUSDT
Bitget BEATUSDT
edgeX BEATUSDC
BingX BEAT-USDT