Funding you earn now, next payment 04:00 UTC−0.0246%/8h= −26.9% APRnext payment −$1.23 per $10,000 · paid last 24h +0.041%
Price spread now: KuCoin against BingX−0.103%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1591.592% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.103%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.079% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.23 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 | BingX BEAT-USDT | 0.08750 | 0.0550 | pay 0.0275% / 4h | 1h 30m | — | $7.6M | — |
| Short | KuCoin BEATUSDTM | 0.08741 | 0.0304 | get 0.0152% / 4h | 1h 30m | $2.4M | $1.2M | 25x |
BingX BEAT-USDT
KuCoin BEATUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- −$51.66
- Price spread: −0.103% → −0.024%
- −$7.92
- Slippage, 4 orders
- −$137.23
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$218.81
- Costs to cover
- 1.592%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 6 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 BingX live order book, 7 min ago | 11.44 bp | 19.6 bp −$20 | 36.1 bp −$361 | 296.5 bp −$29.6K | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 5.15 bp | 55.9 bp −$56 | 553.0 bp −$5,530 | 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 | 0.08743 | −0.082% | $48K | $33K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.08744 | −0.069% | $4.7M | $2.2M | 25x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.08735 | −0.175% | $34K | $588 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08755 | +0.057% | $2K | $1.4M | 20x | as long as short |
| HTX BEAT-USDT | +0.0213% | 4h | 0.08774 | +0.274% | $120K | $67K | 20x | as long as short |
| KuCoin BEATUSDTMshort | +0.0304% | 4h | 0.08741 | −0.103% | $2.4M | $1.2M | 25x | |
| Gate BEAT_USDT | +0.0441% | 8h | 0.08730 | −0.229% | $3.2M | $2.1M | 20x | as long as short |
| Extended BEAT-USD | +0.0448% | 1h | 0.08744 | −0.065% | $4K | $226K | 5x | as long as short |
| MEXC BEAT_USDT | +0.0450% | 4h | 0.08750 | 0.000% | $5.7M | $2.5M | 100x | as long as short |
| Binance BEATUSDT | +0.0451% | 4h | 0.08747 | −0.037% | $8.1M | $11.6M | 10x | as long as short |
Aster BEATUSDT
Bybit BEATUSDT
Variational Omni BEAT
SunX BEAT-USDT
HTX BEAT-USDT
Gate BEAT_USDT
Extended BEAT-USD
MEXC BEAT_USDT
Binance BEATUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BEATUSDC | +0.0454% | 4h | 0.08732 | −0.210% | $4K | $166K | 10x | as long as short |
| BloFin BEAT-USDT | +0.0474% | 4h | 0.08760 | +0.114% | $484K | $40K | 10x | as long as short |
| Bitget BEATUSDT | +0.0514% | 4h | 0.08750 | 0.000% | $1.3M | $1.2M | 10x | as long as short |
| BingX BEAT-USDTlong | +0.0550% | 4h | 0.08750 | long leg | — | $7.6M | — | |
| OKX BEAT-USDT-SWAP | +0.0595% | 4h | 0.08756 | +0.069% | $4.0M | $10.9M | 10x | as long as short |
edgeX BEATUSDC
BloFin BEAT-USDT
Bitget BEATUSDT
OKX BEAT-USDT-SWAP