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

BEAT

all BEAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.031%
Price spread now: BingX against KuCoin+0.294%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1701.696% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)−0.237%−$24 · spread now +0.294%, 7d avg +0.026%
Together, before fees−0.225%−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.268% dearer against KuCoin than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BEATUSDTM0.091830.0402pay 0.0201% / 4h59m 40s$2.4M$1.3M25x
ShortBingX BEAT-USDT0.092100.0414get 0.0207% / 4h59m 40s$7.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$2.52
Price spread: +0.294% → +0.026%
$26.83
Slippage, 4 orders
−$147.63
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$140.28
Costs to cover
1.696%
Break-even
396.7 days
Slippage from KuCoin: live order book, 7 min ago; BingX: live order book, 8 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, 7 min ago7.12 bp65.0 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago5.49 bp15.7 bp −$1632.6 bp −$326275.2 bp −$27.5Kdoesn'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%4h0.09200+0.186%$52K$32K10xas long as short
Bybit BEATUSDT+0.0100%4h0.09204+0.229%$5.0M$2.5M25xas long as short
Variational Omni BEAT+0.0100%4h0.09197+0.151%$35K$179as long as short
SunX BEAT-USDT+0.0100%4h0.09193+0.109%$1K$1.7M20xas long as short
Bitget BEATUSDT+0.0160%4h0.09200+0.185%$1.4M$1.5M10xas long as short
HTX BEAT-USDT+0.0167%4h0.09187+0.044%$128K$69K20xas long as short
BloFin BEAT-USDT+0.0271%4h0.09210+0.294%$496K$46K10xas long as short
Binance BEATUSDT+0.0322%4h0.09201+0.201%$8.4M$14.1M10xas long as short
MEXC BEAT_USDT+0.0326%4h0.09180−0.033%$6.4M$2.7M100xas long as short
Extended BEAT-USD+0.0328%1h0.09191+0.087%$6K$282K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BEATUSDC+0.0328%4h0.09208+0.273%$4K$167K10xas long as short
Gate BEAT_USDT+0.0380%8h0.09190+0.076%$3.5M$2.4M20xas long as short
KuCoin BEATUSDTMlong+0.0402%4h0.09183long leg$2.4M$1.3M25x
BingX BEAT-USDTshort+0.0414%4h0.09210+0.294%$7.6M
OKX BEAT-USDT-SWAP+0.0418%4h0.09213+0.327%$4.4M$13.7M10xas long as short