BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.52 per $10,000 · paid last 24h −0.046%

Price spread now: BloFin against KuCoin+0.374%80s7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$205as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1901.902% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.148%−$15 on $10k

Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.374%, 7d avg +0.108%

Together, before fees−0.308%−$31 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.265% dearer against KuCoin than usual: you sell high and buy low (spread +0.374% now, against its 7-day average of +0.108%): +$27 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.5 days. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BEATUSDTM	0.09096	0.0448	pay 0.0224% / 4h	1h 17m	$2.4M	$1.3M	25x
Short	BloFin BEAT-USDT	0.09130	0.0344	get 0.0172% / 4h	1h 17m	$501K	$46K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.374%Rate

Funding earned: −$21.88
Price spread: +0.374% → +0.108%: $26.54
Slippage, 4 orders: −$166.2
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$185.54
Costs to cover: 1.902%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; BloFin: 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 KuCoin live order book, 9 min ago	5.48 bp	75.6 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	11.06 bp	35.5 bp −$35	80.5 bp −$805	625.8 bp −$62.6K	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	0.09098	+0.022%	$51K	$32K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.09088	−0.088%	$4.9M	$2.5M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.09024	−0.792%	$34K	$179	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.09114	+0.198%	$2K	$1.7M	20x	as long as short
Bitget BEATUSDT	+0.0168%	4h	0.09100	+0.044%	$1.4M	$1.5M	10x	as long as short
HTX BEAT-USDT	+0.0224%	4h	0.09115	+0.209%	$127K	$69K	20x	as long as short
BloFin BEAT-USDTshort	+0.0344%	4h	0.09130	+0.374%	$501K	$46K	10x
Gate BEAT_USDT	+0.0348%	8h	0.09070	−0.286%	$3.4M	$2.4M	20x	as long as short
MEXC BEAT_USDT	+0.0362%	4h	0.09070	−0.286%	$6.1M	$2.7M	100x	as long as short
Binance BEATUSDT	+0.0375%	4h	0.09095	−0.013%	$8.3M	$13.9M	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	+0.0376%	1h	0.09088	−0.090%	$4K	$211K	5x	as long as short
edgeX BEATUSDC	+0.0386%	4h	0.09037	−0.647%	$4K	$166K	10x	as long as short
KuCoin BEATUSDTMlong	+0.0448%	4h	0.09096	long leg	$2.4M	$1.3M	25x
BingX BEAT-USDT	+0.0454%	4h	0.09090	−0.066%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAP	+0.0473%	4h	0.09096	0.000%	$4.3M	$13.4M	10x	as long as short