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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0488%/8h= −53.4% APRnext payment $2.44 per $10,000 · paid last 24h −0.009%
Price spread now: MEXC against KuCoin−0.046%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1221.217% of the position
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)−0.058%−$6 · spread now −0.046%, 7d avg −0.026%
Together, before fees−0.203%−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and MEXC is 0.020% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
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 $2.44 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BEATUSDTM0.086940.0858pay 0.0429% / 4h39m 07s$2.5M$1.1M25x
ShortMEXC BEAT_USDT0.086900.0370get 0.0185% / 4h39m 07s$5.7M$2.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$102.48
Price spread: −0.046% → −0.026%
−$2.04
Slippage, 4 orders
−$109.72
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$226.25
Costs to cover
1.217%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago8.05 bp49.9 bp −$50822.9 bp −$8,229doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago5.75 bp6.9 bp −$752.7 bp −$527336.7 bp −$33.7Kdoesn'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%4h0.08691−0.029%$48K$30K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08687−0.081%$4.6M$2.1M25xas long as short
Gate BEAT_USDT+0.0100%8h0.08680−0.161%$3.3M$2.1M20xas long as short
Variational Omni BEAT+0.0100%4h0.08692−0.018%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08705+0.127%$2K$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0150%4h0.08695+0.012%$4.2M$10.1M10xas long as short
Bitget BEATUSDT+0.0326%4h0.08690−0.046%$1.3M$1.2M10xas long as short
HTX BEAT-USDT+0.0326%4h0.08737+0.495%$120K$66K20xas long as short
BloFin BEAT-USDT+0.0358%4h0.08690−0.046%$384K$50K10xas long as short
Extended BEAT-USD+0.0368%1h0.08694+0.001%$5K$221K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BEATUSDT+0.0370%4h0.08694−0.006%$8.1M$10.8M10xas long as short
MEXC BEAT_USDTshort+0.0370%4h0.08690−0.046%$5.7M$2.4M100x
edgeX BEATUSDC+0.0377%4h0.08694+0.004%$4K$165K10xas long as short
BingX BEAT-USDT+0.0384%4h0.08690−0.046%$7.6Mas long as short
KuCoin BEATUSDTMlong+0.0858%4h0.08694long leg$2.5M$1.1M25x