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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h −0.031%
Price spread now: BingX against KuCoin+0.055%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1641.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.055%, 7d avg +0.026%
Together, before fees+0.014%+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.029% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BEATUSDTM0.091250.0452pay 0.0226% / 4h1h 29m$2.4M$1.3M25x
ShortBingX BEAT-USDT0.091300.0470get 0.0235% / 4h1h 29m$7.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
$3.78
Price spread: +0.055% → +0.026%
$2.91
Slippage, 4 orders
−$142.43
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$157.74
Costs to cover
1.644%
Break-even
299.1 days
Slippage from KuCoin: live order book, 7 min ago; BingX: live order book, 4 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 KuCoin live order book, 7 min ago5.99 bp73.7 bp −$74doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 4 min ago10.98 bp16.0 bp −$1640.8 bp −$408285.9 bp −$28.6Kdoesn'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%4h0.09120−0.053%$51K$32K10xas long as short
Bybit BEATUSDT+0.0100%4h0.09120−0.055%$4.9M$2.5M25xas long as short
Variational Omni BEAT+0.0100%4h0.09119−0.061%$35K$179as long as short
SunX BEAT-USDT+0.0100%4h0.091250.000%$1K$1.7M20xas long as short
Bitget BEATUSDT+0.0150%4h0.09140+0.164%$1.4M$1.5M10xas long as short
HTX BEAT-USDT+0.0255%4h0.09163+0.416%$126K$65K20xas long as short
Gate BEAT_USDT+0.0353%8h0.09100−0.274%$3.4M$2.4M20xas long as short
Extended BEAT-USD+0.0400%1h0.09131+0.071%$4K$211K5xas long as short
MEXC BEAT_USDT+0.0400%4h0.09120−0.055%$6.1M$2.7M100xas long as short
Binance BEATUSDT+0.0402%4h0.09130+0.055%$8.3M$13.7M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BEATUSDC+0.0408%4h0.09115−0.109%$4K$167K10xas long as short
BloFin BEAT-USDT+0.0426%4h0.09090−0.384%$489K$45K10xas long as short
KuCoin BEATUSDTMlong+0.0452%4h0.09125long leg$2.4M$1.3M25x
BingX BEAT-USDTshort+0.0470%4h0.09130+0.055%$7.6M
OKX BEAT-USDT-SWAP+0.0483%4h0.09130+0.055%$4.3M$13.2M10xas long as short