BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0332%/8h= −36.4% APRnext payment −$1.66 per $10,000 · paid last 24h −0.121%

Price spread now: Bybit against KuCoin−0.068%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$262as in the Funding arb table

Net, price: spread back to 7d avg − costs−$230as in the Price arb table

costs, in and out, $10k−$2252.253% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.368%−$37 on $10k

Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.068%, 7d avg −0.021%

Together, before fees−0.380%−$38 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bybit is 0.047% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.021%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BEATUSDTM	0.08822	0.0432	pay 0.0216% / 4h	1h 56m	$2.4M	$1.2M	25x
Short	Bybit BEATUSDT	0.08816	0.0100	get 0.0050% / 4h	1h 56m	$4.7M	$2.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.068%Rate

Funding earned: −$69.72
Price spread: −0.068% → −0.021%: −$4.66
Slippage, 4 orders: −$202.31
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$299.68
Costs to cover: 2.253%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 1 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, 5 min ago	6.84 bp	52.5 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	2.28 bp	55.3 bp −$55	455.2 bp −$4,552	doesn't fit	doesn't fit

BEAT on 14 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	0.08790	−0.364%	$49K	$33K	10x	as long as short
Bybit BEATUSDTshort	+0.0100%	4h	0.08816	−0.068%	$4.7M	$2.2M	25x
Variational Omni BEAT	+0.0100%	4h	0.08763	−0.669%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08836	+0.159%	$2K	$1.4M	20x	as long as short
HTX BEAT-USDT	+0.0222%	4h	0.08866	+0.499%	$122K	$67K	20x	as long as short
KuCoin BEATUSDTMlong	+0.0432%	4h	0.08822	long leg	$2.4M	$1.2M	25x
Binance BEATUSDT	+0.0446%	4h	0.08820	−0.023%	$8.2M	$11.5M	10x	as long as short
Extended BEAT-USD	+0.0448%	1h	0.08818	−0.047%	$5K	$224K	5x	as long as short
MEXC BEAT_USDT	+0.0454%	4h	0.08820	−0.023%	$5.8M	$2.5M	100x	as long as short
edgeX BEATUSDC	+0.0476%	4h	0.08777	−0.513%	$4K	$166K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BEAT-USDT-SWAP	+0.0501%	4h	0.08829	+0.079%	$4.1M	$10.9M	10x	as long as short
BingX BEAT-USDT	+0.0512%	4h	0.08820	−0.023%	—	$7.6M	—	as long as short
Bitget BEATUSDT	+0.0530%	4h	0.08830	+0.091%	$1.3M	$1.2M	10x	as long as short
Gate BEAT_USDT	+0.0614%	8h	0.08800	−0.249%	$3.3M	$2.0M	20x	as long as short