BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0258%/8h= −28.3% APRnext payment −$1.29 per $10,000 · paid last 24h +0.043%

Price spread now: KuCoin against MEXC+0.056%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1381.382% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.150%+$15 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.056%, 7d avg +0.025%

Together, before fees+0.174%+$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.031% dearer against MEXC than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.025%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.150%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.29 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	MEXC BEAT_USDT	0.08900	0.0418	pay 0.0209% / 4h	3h 43m	$5.9M	$2.5M	100x
Short	KuCoin BEATUSDTM	0.08905	0.0160	get 0.0080% / 4h	3h 43m	$2.4M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$54.18
Price spread: +0.056% → +0.025%: $3.14
Slippage, 4 orders: −$126.18
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$189.21
Costs to cover: 1.382%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 3 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 MEXC live order book, 4 min ago	5.62 bp	7.5 bp −$7	71.2 bp −$712	387.6 bp −$38.8K	1069.1 bp −$534.6K
Sell KuCoin live order book, 3 min ago	7.86 bp	55.1 bp −$55	doesn't fit	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	0.08899	−0.010%	$50K	$33K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08889	−0.124%	$4.8M	$2.3M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08903	+0.033%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08926	+0.292%	$2K	$1.5M	20x	as long as short
HTX BEAT-USDT	+0.0126%	4h	0.08918	+0.202%	$122K	$68K	20x	as long as short
KuCoin BEATUSDTMshort	+0.0160%	4h	0.08905	+0.056%	$2.4M	$1.2M	25x
Bitget BEATUSDT	+0.0270%	4h	0.08890	−0.112%	$1.3M	$1.2M	10x	as long as short
Gate BEAT_USDT	+0.0284%	8h	0.08890	−0.112%	$3.3M	$2.1M	20x	as long as short
MEXC BEAT_USDTlong	+0.0418%	4h	0.08900	long leg	$5.9M	$2.5M	100x
Binance BEATUSDT	+0.0420%	4h	0.08891	−0.098%	$8.2M	$12.0M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BEAT-USD	+0.0424%	1h	0.08888	−0.140%	$4K	$223K	5x	as long as short
edgeX BEATUSDC	+0.0425%	4h	0.08902	+0.020%	$4K	$166K	10x	as long as short
BloFin BEAT-USDT	+0.0461%	4h	0.08920	+0.225%	$483K	$41K	10x	as long as short
BingX BEAT-USDT	+0.0664%	4h	0.08900	0.000%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAP	+0.0713%	4h	0.08897	−0.034%	$4.1M	$11.6M	10x	as long as short