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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0529%/8h= −57.9% APRnext payment $2.64 per $10,000 · paid last 24h −0.059%
Price spread now: HTX against KuCoin+0.436%7-day average +0.302% · you sell dearer than you buy
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2142.138% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.094%−$9 on $10k
Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.436%, 7d avg +0.302%
Together, before fees−0.128%−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.134% dearer against KuCoin than usual: you sell high and buy low (spread +0.436% now, against its 7-day average of +0.302%): +$13 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.094% in total) that is about 10.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.094% in total (about -4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.64 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
LongKuCoin BEATUSDTM0.087170.0720pay 0.0360% / 4h3h 22m$2.5M$1.1M25x
ShortHTX BEAT-USDT0.087550.0191get 0.0096% / 4h3h 22m$120K$66K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$111.03
Price spread: +0.436% → +0.302%
$13.41
Slippage, 4 orders
−$189.82
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$311.44
Costs to cover
2.138%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; HTX: live order book, 48 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, 4 min ago5.17 bp38.1 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 48 min ago25.38 bp50.3 bp −$50doesn'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%4h0.08716−0.016%$48K$26K10xas long as short
Bybit BEATUSDT+0.0100%4h0.087170.000%$4.7M$2.2M25xas long as short
Variational Omni BEAT+0.0100%4h0.08711−0.074%$33K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08735+0.206%$1K$1.4M20xas long as short
HTX BEAT-USDTshort+0.0191%4h0.08755+0.436%$120K$66K20x
OKX BEAT-USDT-SWAP+0.0289%4h0.087170.000%$4.2M$10.2M10xas long as short
edgeX BEATUSDC+0.0397%4h0.08724+0.079%$4K$165K10xas long as short
MEXC BEAT_USDT+0.0406%4h0.08710−0.080%$5.7M$2.5M100xas long as short
Binance BEATUSDT+0.0406%4h0.08720+0.034%$8.2M$10.9M10xas long as short
Extended BEAT-USD+0.0408%1h0.08718+0.008%$4K$251K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BEAT_USDT+0.0438%8h0.08710−0.080%$3.3M$2.0M20xas long as short
BloFin BEAT-USDT+0.0442%4h0.08730+0.149%$488K$49K10xas long as short
BingX BEAT-USDT+0.0454%4h0.08710−0.080%$7.6Mas long as short
Bitget BEATUSDT+0.0494%4h0.08720+0.034%$1.3M$1.1M10xas long as short
KuCoin BEATUSDTMlong+0.0720%4h0.08717long leg$2.5M$1.1M25x