BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0499%/8h= +54.7% APRnext payment +$2.50 per $10,000 · paid last 24h −0.109%

Price spread now: OKX against KuCoin+0.046%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$167as in the Funding arb table

Net, price: spread back to 7d avg − costs−$156as in the Price arb table

costs, in and out, $10k−$1541.540% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.046%, 7d avg +0.062%

Together, before fees−0.112%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.062%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.132% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.50 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	KuCoin BEATUSDTM	0.08777	0.0220	pay 0.0110% / 4h	37m 09s	$2.3M	$1.2M	25x
Short	OKX BEAT-USDT-SWAP	0.08781	0.0719	get 0.0360% / 4h	37m 09s	$4.0M	$11.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.046%Rate

Funding earned: $104.86
Price spread: +0.046% → +0.062%: −$1.6
Slippage, 4 orders: −$132.04
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$50.78
Costs to cover: 1.540%
Break-even: 10.4 days

Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 1 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, 4 min ago	6.87 bp	66.6 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.57 bp	17.2 bp −$17	142.9 bp −$1,429	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	0.08764	−0.154%	$49K	$34K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08770	−0.080%	$4.7M	$2.3M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08736	−0.468%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08776	−0.011%	$1K	$1.5M	20x	as long as short
KuCoin BEATUSDTMlong	+0.0220%	4h	0.08777	long leg	$2.3M	$1.2M	25x
HTX BEAT-USDT	+0.0248%	4h	0.08790	+0.148%	$121K	$67K	20x	as long as short
Gate BEAT_USDT	+0.0322%	8h	0.08760	−0.194%	$3.3M	$2.1M	20x	as long as short
Bitget BEATUSDT	+0.0384%	4h	0.08780	+0.034%	$1.3M	$1.2M	10x	as long as short
edgeX BEATUSDC	+0.0410%	4h	0.08768	−0.107%	$4K	$165K	10x	as long as short
MEXC BEAT_USDT	+0.0416%	4h	0.08770	−0.080%	$5.8M	$2.5M	100x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BEATUSDT	+0.0420%	4h	0.08780	+0.034%	$8.1M	$11.8M	10x	as long as short
BloFin BEAT-USDT	+0.0424%	4h	0.08780	+0.034%	$481K	$40K	10x	as long as short
Extended BEAT-USD	+0.0424%	1h	0.08777	+0.005%	$7K	$226K	5x	as long as short
BingX BEAT-USDT	+0.0672%	4h	0.08770	−0.080%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAPshort	+0.0719%	4h	0.08781	+0.046%	$4.0M	$11.1M	10x