BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0387%/8h= −42.4% APRnext payment −$1.93 per $10,000 · paid last 24h −0.008%

Price spread now: Binance against KuCoin+0.035%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$161as in the Funding arb table

Net, price: spread back to 7d avg − costs−$148as in the Price arb table

costs, in and out, $10k−$1471.467% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.144%−$14 on $10k

Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.035%, 7d avg +0.047%

Together, before fees−0.193%−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.144% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.93 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	0.08657	0.0736	pay 0.0368% / 4h	19m 53s	$2.5M	$1.1M	25x
Short	Binance BEATUSDT	0.08660	0.0349	get 0.0175% / 4h	19m 53s	$8.1M	$10.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.035%Rate

Funding earned: −$81.23
Price spread: +0.035% → +0.047%: −$1.21
Slippage, 4 orders: −$124.75
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$229.19
Costs to cover: 1.467%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 5 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, 2 min ago	9.22 bp	57.3 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	5.76 bp	17.6 bp −$18	92.6 bp −$926	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	0.08657	+0.003%	$48K	$30K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08656	−0.012%	$4.6M	$2.1M	25x	as long as short
Gate BEAT_USDT	+0.0100%	8h	0.08650	−0.081%	$3.2M	$2.1M	20x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08664	+0.085%	$33K	$587	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08676	+0.219%	$2K	$1.3M	20x	as long as short
OKX BEAT-USDT-SWAP	+0.0142%	4h	0.08663	+0.069%	$4.2M	$10.0M	10x	as long as short
HTX BEAT-USDT	+0.0335%	4h	0.08675	+0.208%	$119K	$66K	20x	as long as short
Bitget BEATUSDT	+0.0338%	4h	0.08670	+0.150%	$1.3M	$1.2M	10x	as long as short
MEXC BEAT_USDT	+0.0348%	4h	0.08650	−0.081%	$5.7M	$2.5M	100x	as long as short
Binance BEATUSDTshort	+0.0349%	4h	0.08660	+0.035%	$8.1M	$10.8M	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BEAT-USD	+0.0352%	1h	0.08658	+0.016%	$5K	$221K	5x	as long as short
BingX BEAT-USDT	+0.0364%	4h	0.08660	+0.035%	—	$7.6M	—	as long as short
edgeX BEATUSDC	+0.0364%	4h	0.08674	+0.196%	$4K	$165K	10x	as long as short
BloFin BEAT-USDT	+0.0395%	4h	0.08680	+0.266%	$487K	$50K	10x	as long as short
KuCoin BEATUSDTMlong	+0.0736%	4h	0.08657	long leg	$2.5M	$1.1M	25x