Funding you earn now, next payment 00:00 UTC+0.0622%/8h= +68.1% APRnext payment +$3.11 per $10,000 · paid last 24h +0.066%
Price spread now: KuCoin against Bitget−0.138%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1671.666% of the position
Funding, last 7 days+0.195%+$19 on $10k
+Price spread, last 3 days (all we have)+0.081%+$8 · spread now −0.138%, 7d avg −0.071%
=Funding pays, the price is against you. KuCoin is 0.067% cheaper against Bitget than usual: you would sell low and buy high (spread −0.138% now, against its 7-day average of −0.071%). If the spread goes back, that is −$7 on $10k: about 9 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.195% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.195% in total (about 10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.11 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 | Bitget BEATUSDT | 0.08680 | 0.0262 | pay 0.0131% / 4h | 1h 16m | $1.3M | $1.2M | 10x |
| Short | KuCoin BEATUSDTM | 0.08668 | 0.0884 | get 0.0442% / 4h | 1h 16m | $2.5M | $1.1M | 25x |
Bitget BEATUSDT
KuCoin BEATUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $130.62
- Price spread: −0.138% → −0.071%
- −$6.74
- Slippage, 4 orders
- −$142.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$42.73
- Costs to cover
- 1.666%
- Break-even
- 9.3 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 6 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 Bitget live order book, 5 min ago | 5.76 bp | 21.4 bp −$21 | 68.7 bp −$687 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 6.35 bp | 55.4 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 | 0.08661 | −0.220% | $48K | $30K | 10x | as long as short |
| Bybit BEATUSDT | +0.0100% | 4h | 0.08663 | −0.196% | $4.6M | $2.1M | 25x | as long as short |
| Gate BEAT_USDT | +0.0100% | 8h | 0.08640 | −0.461% | $3.2M | $2.1M | 20x | as long as short |
| Variational Omni BEAT | +0.0100% | 4h | 0.08653 | −0.306% | $33K | $587 | — | as long as short |
| SunX BEAT-USDT | +0.0100% | 4h | 0.08684 | +0.046% | $1K | $1.3M | 20x | as long as short |
| OKX BEAT-USDT-SWAP | +0.0149% | 4h | 0.08671 | −0.104% | $4.2M | $9.9M | 10x | as long as short |
| Bitget BEATUSDTlong | +0.0262% | 4h | 0.08680 | long leg | $1.3M | $1.2M | 10x | |
| BloFin BEAT-USDT | +0.0270% | 4h | 0.08640 | −0.461% | $486K | $49K | 10x | as long as short |
| HTX BEAT-USDT | +0.0277% | 4h | 0.08678 | −0.023% | $119K | $65K | 20x | as long as short |
| edgeX BEATUSDC | +0.0310% | 4h | 0.08664 | −0.185% | $4K | $165K | 10x | as long as short |
Aster BEATUSDT
Bybit BEATUSDT
Gate BEAT_USDT
Variational Omni BEAT
SunX BEAT-USDT
OKX BEAT-USDT-SWAP
BloFin BEAT-USDT
HTX BEAT-USDT
edgeX BEATUSDCShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BEAT_USDT | +0.0322% | 4h | 0.08670 | −0.115% | $5.8M | $2.4M | 100x | as long as short |
| BingX BEAT-USDT | +0.0322% | 4h | 0.08670 | −0.115% | — | $7.6M | — | as long as short |
| Binance BEATUSDT | +0.0332% | 4h | 0.08670 | −0.115% | $8.1M | $10.7M | 10x | as long as short |
| Extended BEAT-USD | +0.0336% | 1h | 0.08668 | −0.134% | $5K | $221K | 5x | as long as short |
| KuCoin BEATUSDTMshort | +0.0884% | 4h | 0.08668 | −0.138% | $2.5M | $1.1M | 25x |
MEXC BEAT_USDT
BingX BEAT-USDT
Binance BEATUSDT
Extended BEAT-USD