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+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.059%
Price spread now: KuCoin against HTX−0.547%7-day average −0.303% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2212.213% 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 4 days (all we have)−0.579%−$58 · spread now −0.547%, 7d avg −0.303%
Together, before fees−0.485%−$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.243% cheaper against HTX than usual: you would sell low and buy high (spread −0.547% now, against its 7-day average of −0.303%). If the spread goes back, that is −$24 on $10k: about 20 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BEAT-USDT0.087810.0220pay 0.0110% / 4h1h 04m$121K$67K20x
ShortKuCoin BEATUSDTM0.087330.0260get 0.0130% / 4h1h 04m$2.3M$1.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. 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
$8.47
Price spread: −0.547% → −0.303%
−$24.32
Slippage, 4 orders
−$197.26
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$237.11
Costs to cover
2.213%
Break-even
202.8 days
Slippage from HTX: live order book, 56 min ago; KuCoin: live order book, 2 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 HTX live order book, 56 min ago24.38 bp38.7 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago6.87 bp48.0 bp −$48542.7 bp −$5,427doesn'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%4h0.08735−0.521%$49K$34K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08742−0.444%$4.7M$2.3M25xas long as short
Variational Omni BEAT+0.0100%4h0.08736−0.515%$34K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08755−0.296%$1K$1.5M20xas long as short
HTX BEAT-USDTlong+0.0220%4h0.08781long leg$121K$67K20x
KuCoin BEATUSDTMshort+0.0260%4h0.08733−0.547%$2.3M$1.2M25x
BloFin BEAT-USDT+0.0401%4h0.08760−0.239%$484K$40K10xas long as short
Binance BEATUSDT+0.0454%4h0.08747−0.385%$8.1M$11.8M10xas long as short
Extended BEAT-USD+0.0456%1h0.08738−0.492%$7K$226K5xas long as short
Bitget BEATUSDT+0.0456%4h0.08750−0.353%$1.3M$1.2M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0464%4h0.08730−0.581%$5.8M$2.5M100xas long as short
edgeX BEATUSDC+0.0471%4h0.08766−0.166%$4K$165K10xas long as short
Gate BEAT_USDT+0.0526%8h0.08730−0.581%$3.2M$2.1M20xas long as short
BingX BEAT-USDT+0.0640%4h0.08750−0.353%$7.6Mas long as short
OKX BEAT-USDT-SWAP+0.0672%4h0.08751−0.342%$4.0M$11.0M10xas long as short