BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0154%/8h= −16.9% APRnext payment −$0.77 per $10,000 · paid last 24h −0.133%

Price spread now: Bybit against KuCoin−0.128%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$321as in the Funding arb table

Net, price: spread back to 7d avg − costs−$296as in the Price arb table

costs, in and out, $10k−$2842.845% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.368%−$37 on $10k

Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.128%, 7d avg −0.013%

Together, before fees−0.281%−$28 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.115% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.013%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BEATUSDTM	0.08569	0.0254	pay 0.0127% / 4h	1h 06m	$2.2M	$1.5M	25x
Short	Bybit BEATUSDT	0.08558	0.0100	get 0.0050% / 4h	1h 06m	$4.7M	$2.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.128%Rate

Funding earned: −$32.34
Price spread: −0.128% → −0.013%: −$11.49
Slippage, 4 orders: −$261.46
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$328.29
Costs to cover: 2.845%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Bybit: 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, 3 min ago	7.59 bp	63.7 bp −$64	896.5 bp −$8,965	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.76 bp	77.9 bp −$78	452.3 bp −$4,523	doesn't fit	doesn't fit

BEAT on 15 exchanges

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	0.08568	−0.011%	$49K	$27K	10x	as long as short
Bybit BEATUSDTshort	+0.0100%	4h	0.08558	−0.128%	$4.7M	$2.8M	25x
Gate BEAT_USDT	+0.0100%	8h	0.08550	−0.222%	$3.2M	$2.5M	20x	as long as short
Bitget BEATUSDT	+0.0100%	4h	0.08570	+0.012%	$1.3M	$1.7M	10x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08542	−0.317%	$33K	$1K	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08587	+0.210%	$1K	$1.9M	20x	as long as short
HTX BEAT-USDT	+0.0100%	4h	0.08605	+0.420%	$120K	$72K	20x	as long as short
edgeX BEATUSDC	+0.0103%	4h	0.08555	−0.165%	$4K	$167K	10x	as long as short
BloFin BEAT-USDT	+0.0106%	4h	0.08560	−0.105%	$470K	$36K	10x	as long as short
MEXC BEAT_USDT	+0.0110%	4h	0.08560	−0.105%	$6.2M	$3.3M	100x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BEATUSDT	+0.0111%	4h	0.08570	+0.012%	$7.8M	$15.4M	10x	as long as short
Extended BEAT-USD	+0.0112%	1h	0.08567	−0.028%	$9K	$285K	5x	as long as short
OKX BEAT-USDT-SWAP	+0.0118%	4h	0.08562	−0.082%	$4.3M	$14.7M	10x	as long as short
BingX BEAT-USDT	+0.0126%	4h	0.08560	−0.105%	—	$7.8M	—	as long as short
KuCoin BEATUSDTMlong	+0.0254%	4h	0.08569	long leg	$2.2M	$1.5M	25x