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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0482%/8h= −52.8% APRpaid last 24h −0.009%
Price spread now: Extended against KuCoin+0.068%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1931.929% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.121%−$12 on $10k
Price spread, last 3 days (all we have)−0.213%−$21 · spread now +0.068%, 7d avg +0.011%
Together, before fees−0.334%+ Points / potential airdropExtended: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.057% dearer against KuCoin than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.011%): +$6 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.121% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BEATUSDTM0.087040.0866pay 0.0433% / 4h43m 59s$2.5M$1.1M25x
ShortExtended BEAT-USD0.087100.0384get 0.0048% / 1h43m 59s$5K$221K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$101.22
Price spread: +0.068% → +0.011%
$5.73
Slippage, 4 orders
−$175.88
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$288.38
Costs to cover
1.929%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Extended: live order book, 33 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, 3 min ago5.17 bp48.0 bp −$48829.1 bp −$8,291doesn't fitdoesn't fit
Sell Extended live order book, 33 min ago7.51 bp39.8 bp −$40261.4 bp −$2,614doesn'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%4h0.08707+0.036%$48K$30K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08705+0.011%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08690−0.161%$3.3M$2.1M20xas long as short
Variational Omni BEAT+0.0100%4h0.08703−0.007%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08724+0.230%$1K$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0153%4h0.08716+0.138%$4.2M$10.1M10xas long as short
HTX BEAT-USDT+0.0326%4h0.08734+0.345%$120K$66K20xas long as short
Bitget BEATUSDT+0.0326%4h0.08720+0.184%$1.3M$1.2M10xas long as short
MEXC BEAT_USDT+0.0382%4h0.08710+0.069%$5.8M$2.4M100xas long as short
BingX BEAT-USDT+0.0382%4h0.08710+0.069%$7.6Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BEATUSDT+0.0384%4h0.08715+0.122%$8.1M$10.8M10xas long as short
Extended BEAT-USDshort+0.0384%1h0.08710+0.068%$5K$221K5x
edgeX BEATUSDC+0.0402%4h0.08720+0.180%$4K$165K10xas long as short
BloFin BEAT-USDT+0.0419%4h0.08710+0.069%$487K$50K10xas long as short
KuCoin BEATUSDTMlong+0.0866%4h0.08704long leg$2.5M$1.1M25x