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

BEAT

all BEAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0830%/8h= +90.9% APRnext payment +$4.15 per $10,000 · paid last 24h +0.090%
Price spread now: KuCoin against SunX−0.138%7-day average −0.213% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2492.495% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.336%+$34 on $10k
Price spread, last 3 days (all we have)−0.316%−$32 · spread now −0.138%, 7d avg −0.213%
Together, before fees+0.020%+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and KuCoin is 0.074% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.213%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.336% in total (about 17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BEAT-USDT0.086840.0100pay 0.0050% / 4h1h 10m$2K$1.3M20x
ShortKuCoin BEATUSDTM0.086720.0930get 0.0465% / 4h1h 10m$2.5M$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
$174.3
Price spread: −0.138% → −0.213%
$7.45
Slippage, 4 orders
−$229.45
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$67.71
Costs to cover
2.495%
Break-even
9.7 days
Slippage from SunX: live order book, 4 min ago; KuCoin: live order book, 2 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 SunX live order book, 4 min ago35.14 bp53.1 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago6.33 bp60.5 bp −$61doesn't fitdoesn'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%4h0.08671−0.145%$48K$30K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08664−0.230%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08660−0.276%$3.2M$2.1M20xas long as short
Variational Omni BEAT+0.0100%4h0.08667−0.198%$33K$587as long as short
SunX BEAT-USDTlong+0.0100%4h0.08684long leg$2K$1.3M20x
OKX BEAT-USDT-SWAP+0.0150%4h0.08675−0.104%$4.2M$9.9M10xas long as short
Bitget BEATUSDT+0.0274%4h0.08680−0.046%$1.3M$1.2M10xas long as short
HTX BEAT-USDT+0.0310%4h0.08687+0.035%$119K$65K20xas long as short
BloFin BEAT-USDT+0.0310%4h0.08680−0.046%$487K$50K10xas long as short
edgeX BEATUSDC+0.0343%4h0.08668−0.186%$4K$164K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BEAT-USDT+0.0344%4h0.08670−0.161%$7.6Mas long as short
MEXC BEAT_USDT+0.0354%4h0.08670−0.161%$5.8M$2.4M100xas long as short
Extended BEAT-USD+0.0360%1h0.08674−0.117%$5K$221K5xas long as short
Binance BEATUSDT+0.0364%4h0.08670−0.161%$8.1M$10.7M10xas long as short
KuCoin BEATUSDTMshort+0.0930%4h0.08672−0.138%$2.5M$1.1M25x