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

BEAT

all BEAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0152%/8h= −16.6% APRnext payment $0.76 per $10,000 · paid last 24h −0.122%
Price spread now: SunX against KuCoin+0.252%7-day average +0.214% · you sell dearer than you buy
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2582.581% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.369%−$37 on $10k
Price spread, last 4 days (all we have)+0.805%+$81 · spread now +0.252%, 7d avg +0.214%
Together, before fees+0.437%+$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.038% dearer against KuCoin than usual: you sell high and buy low (spread +0.252% now, against its 7-day average of +0.214%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BEATUSDTM0.087430.0252pay 0.0126% / 4h1h 03m$2.3M$1.2M25x
ShortSunX BEAT-USDT0.087650.0100get 0.0050% / 4h1h 03m$2K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$31.92
Price spread: +0.252% → +0.214%
$3.75
Slippage, 4 orders
−$238.13
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$286.29
Costs to cover
2.581%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; SunX: live order book, 12 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 ago6.87 bp68.7 bp −$69doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 12 min ago35.19 bp84.9 bp −$85doesn'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%4h0.08741−0.018%$49K$34K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08751+0.092%$4.7M$2.3M25xas long as short
Variational Omni BEAT+0.0100%4h0.08736−0.082%$34K$588as long as short
SunX BEAT-USDTshort+0.0100%4h0.08765+0.252%$2K$1.5M20x
HTX BEAT-USDT+0.0215%4h0.08781+0.435%$121K$67K20xas long as short
KuCoin BEATUSDTMlong+0.0252%4h0.08743long leg$2.3M$1.2M25x
Bitget BEATUSDT+0.0446%4h0.08760+0.194%$1.3M$1.2M10xas long as short
Extended BEAT-USD+0.0448%1h0.08753+0.110%$7K$226K5xas long as short
MEXC BEAT_USDT+0.0448%4h0.08740−0.034%$5.8M$2.6M100xas long as short
Binance BEATUSDT+0.0449%4h0.08756+0.146%$8.1M$11.8M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BEATUSDC+0.0464%4h0.08740−0.034%$4K$165K10xas long as short
BloFin BEAT-USDT+0.0495%4h0.08730−0.149%$482K$40K10xas long as short
Gate BEAT_USDT+0.0503%8h0.08740−0.034%$3.2M$2.1M20xas long as short
BingX BEAT-USDT+0.0640%4h0.08750+0.080%$7.6Mas long as short
OKX BEAT-USDT-SWAP+0.0678%4h0.08760+0.194%$4.0M$11.0M10xas long as short