BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0756%/8h= −82.8% APRnext payment −$3.78 per $10,000 · paid last 24h −0.090%

Price spread now: SunX against KuCoin+0.127%7-day average +0.213% · you sell dearer than you buy

Net, funding: paid 7d − costs−$278as in the Funding arb table

Net, price: spread back to 7d avg − costs−$253as in the Price arb table

costs, in and out, $10k−$2442.441% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.336%−$34 on $10k

Price spread, last 3 days (all we have)+0.228%+$23 · spread now +0.127%, 7d avg +0.213%

Together, before fees−0.108%−$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and SunX is 0.086% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.213%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.336% in total (about -17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.78 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	0.08694	0.0856	pay 0.0428% / 4h	40m 42s	$2.5M	$1.1M	25x
Short	SunX BEAT-USDT	0.08705	0.0100	get 0.0050% / 4h	40m 42s	$1K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.127%Rate

Funding earned: −$158.76
Price spread: +0.127% → +0.213%: −$8.62
Slippage, 4 orders: −$224.09
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$411.47
Costs to cover: 2.441%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; SunX: 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, 1 min ago	8.05 bp	49.9 bp −$50	822.9 bp −$8,229	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	34.94 bp	84.5 bp −$85	doesn't fit	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	0.08693	−0.015%	$48K	$30K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08696	+0.023%	$4.6M	$2.1M	25x	as long as short
Gate BEAT_USDT	+0.0100%	8h	0.08690	−0.046%	$3.3M	$2.1M	20x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08703	+0.108%	$33K	$587	—	as long as short
SunX BEAT-USDTshort	+0.0100%	4h	0.08705	+0.127%	$1K	$1.3M	20x
OKX BEAT-USDT-SWAP	+0.0150%	4h	0.08696	+0.023%	$4.2M	$10.1M	10x	as long as short
HTX BEAT-USDT	+0.0321%	4h	0.08737	+0.495%	$120K	$66K	20x	as long as short
Bitget BEATUSDT	+0.0324%	4h	0.08710	+0.184%	$1.3M	$1.2M	10x	as long as short
BloFin BEAT-USDT	+0.0353%	4h	0.08690	−0.046%	$486K	$50K	10x	as long as short
Binance BEATUSDT	+0.0371%	4h	0.08701	+0.083%	$8.1M	$10.8M	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	0.08700	+0.064%	$5K	$221K	5x	as long as short
MEXC BEAT_USDT	+0.0376%	4h	0.08690	−0.046%	$5.7M	$2.4M	100x	as long as short
BingX BEAT-USDT	+0.0384%	4h	0.08700	+0.069%	—	$7.6M	—	as long as short
edgeX BEATUSDC	+0.0393%	4h	0.08704	+0.120%	$4K	$166K	10x	as long as short
KuCoin BEATUSDTMlong	+0.0856%	4h	0.08694	long leg	$2.5M	$1.1M	25x