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+0.0332%/8h= +36.4% APRnext payment +$1.66 per $10,000 · paid last 24h +0.126%
Price spread now: KuCoin against SunX−0.143%54s7-day average −0.208% · you buy dearer than you sell
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2842.836% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.370%+$37 on $10k
Price spread, last 4 days (all we have)−0.199%−$20 · spread now −0.143%, 7d avg −0.208%
Together, before fees+0.170%+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and KuCoin is 0.065% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.208%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BEAT-USDT0.090650.0100pay 0.0050% / 4h1h 47m$2K$1.6M20x
ShortKuCoin BEATUSDTM0.090520.0432get 0.0216% / 4h1h 47m$2.4M$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
$69.72
Price spread: −0.143% → −0.208%
$6.5
Slippage, 4 orders
−$263.61
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$207.39
Costs to cover
2.836%
Break-even
27.8 days
Slippage from SunX: live order book, 8 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 SunX live order book, 8 min ago35.04 bp53.4 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago3.90 bp52.4 bp −$52doesn'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%4h0.09045−0.218%$51K$31K10xas long as short
Bybit BEATUSDT+0.0100%4h0.09048−0.188%$4.8M$2.4M25xas long as short
Variational Omni BEAT+0.0100%4h0.08997−0.755%$34K$77as long as short
SunX BEAT-USDTlong+0.0100%4h0.09065long leg$2K$1.6M20x
Bitget BEATUSDT+0.0172%4h0.09060−0.055%$1.3M$1.4M10xas long as short
HTX BEAT-USDT+0.0267%4h0.09058−0.077%$125K$63K20xas long as short
Gate BEAT_USDT+0.0366%8h0.09050−0.165%$3.4M$2.3M20xas long as short
BloFin BEAT-USDT+0.0369%4h0.08990−0.827%$485K$43K10xas long as short
MEXC BEAT_USDT+0.0382%4h0.09040−0.276%$6.1M$2.7M100xas long as short
Binance BEATUSDT+0.0382%4h0.09057−0.093%$8.2M$13.3M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BEAT-USD+0.0384%1h0.09048−0.192%$7K$208K5xas long as short
edgeX BEATUSDC+0.0386%4h0.09009−0.619%$4K$166K10xas long as short
KuCoin BEATUSDTMshort+0.0432%4h0.09052−0.143%$2.4M$1.3M25x
BingX BEAT-USDT+0.0488%4h0.09050−0.165%$7.6Mas long as short
OKX BEAT-USDT-SWAP+0.0525%4h0.09049−0.177%$4.3M$12.8M10xas long as short