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

BEAT

all BEAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0143%/8h= −15.6% APRnext payment $0.71 per $10,000 · paid last 24h −0.035%
Price spread now: HTX against BingX+0.180%7-day average +0.277% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1531.531% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.119%−$12 on $10k
Price spread, last 4 days (all we have)+0.258%+$26 · spread now +0.180%, 7d avg +0.277%
Together, before fees+0.139%+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.097% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.277%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BEAT-USDT0.088900.0520pay 0.0260% / 4h2h 23m$7.6M
ShortHTX BEAT-USDT0.089060.0377get 0.0189% / 4h2h 23m$123K$63K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BingX. 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
−$29.94
Price spread: +0.180% → +0.277%
−$9.68
Slippage, 4 orders
−$131.1
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$192.71
Costs to cover
1.531%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; HTX: live order book, 23 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 BingX live order book, 15 min ago11.21 bp34.4 bp −$3461.0 bp −$610300.3 bp −$30.0Kdoesn't fit
Sell HTX live order book, 23 min ago26.62 bp58.2 bp −$58doesn'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%4h0.088900.000%$50K$31K10xas long as short
Bybit BEATUSDT+0.0100%4h0.08886−0.045%$4.8M$2.4M25xas long as short
Variational Omni BEAT+0.0100%4h0.08872−0.202%$34K$588as long as short
SunX BEAT-USDT+0.0100%4h0.08904+0.157%$1K$1.6M20xas long as short
Bitget BEATUSDT+0.0182%4h0.08900+0.112%$1.3M$1.4M10xas long as short
Gate BEAT_USDT+0.0298%8h0.08880−0.112%$3.3M$2.3M20xas long as short
edgeX BEATUSDC+0.0336%4h0.08884−0.072%$4K$165K10xas long as short
BloFin BEAT-USDT+0.0344%4h0.088900.000%$485K$42K10xas long as short
MEXC BEAT_USDT+0.0348%4h0.088900.000%$6.0M$2.6M100xas long as short
Binance BEATUSDT+0.0351%4h0.08899+0.097%$8.1M$13.0M10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BEAT-USD+0.0352%1h0.08888−0.026%$7K$205K5xas long as short
KuCoin BEATUSDTM+0.0376%4h0.08888−0.022%$2.3M$1.3M25xas long as short
HTX BEAT-USDTshort+0.0377%4h0.08906+0.180%$123K$63K20x
BingX BEAT-USDTlong+0.0520%4h0.08890long leg$7.6M
OKX BEAT-USDT-SWAP+0.0553%4h0.08898+0.090%$4.2M$12.4M10xas long as short