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

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −3.0% APRnext payment $0.14 per $10,000 · paid last 24h +0.083%
Price spread now: KuCoin against OKX−0.132%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1721.716% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.117%+$12 on $10k
Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.132%, 7d avg −0.067%
Together, before fees+0.169%+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.065% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.067%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.117%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BEAT-USDT-SWAP0.091010.0473pay 0.0237% / 4h1h 17m$4.3M$13.4M10x
ShortKuCoin BEATUSDTM0.090890.0446get 0.0223% / 4h1h 17m$2.4M$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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
−$5.74
Price spread: −0.132% → −0.067%
−$6.47
Slippage, 4 orders
−$149.62
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$183.84
Costs to cover
1.716%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 9 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 OKX live order book, 1 min ago0.55 bp19.6 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago5.48 bp60.6 bp −$61doesn't fitdoesn't fitdoesn'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%4h0.09100−0.011%$51K$32K10xas long as short
Bybit BEATUSDT+0.0100%4h0.09095−0.066%$4.9M$2.5M25xas long as short
Variational Omni BEAT+0.0100%4h0.09024−0.847%$34K$179as long as short
SunX BEAT-USDT+0.0100%4h0.09114+0.143%$2K$1.7M20xas long as short
Bitget BEATUSDT+0.0170%4h0.09090−0.121%$1.4M$1.5M10xas long as short
HTX BEAT-USDT+0.0224%4h0.09115+0.154%$127K$69K20xas long as short
BloFin BEAT-USDT+0.0344%4h0.09130+0.319%$501K$46K10xas long as short
Gate BEAT_USDT+0.0354%8h0.09060−0.450%$3.4M$2.4M20xas long as short
edgeX BEATUSDC+0.0363%4h0.09108+0.075%$4K$166K10xas long as short
MEXC BEAT_USDT+0.0374%4h0.09080−0.231%$6.1M$2.7M100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BEAT-USD+0.0376%1h0.09093−0.090%$4K$211K5xas long as short
Binance BEATUSDT+0.0379%4h0.09099−0.025%$8.3M$13.9M10xas long as short
KuCoin BEATUSDTMshort+0.0446%4h0.09089−0.132%$2.4M$1.3M25x
BingX BEAT-USDT+0.0454%4h0.09090−0.121%$7.6Mas long as short
OKX BEAT-USDT-SWAPlong+0.0473%4h0.09101long leg$4.3M$13.4M10x