Funding arb · Price arb /

BEAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h −0.024%

Price spread now: Gate against Bitget−0.344%7-day average −0.204% · you buy dearer than you sell

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$940.940% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.142%−$14 on $10k

Price spread, last 3 days (all we have)+0.144%+$14 · spread now −0.344%, 7d avg −0.204%

Together, before fees+0.002%$0 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 Gate is 0.140% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.204%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BEATUSDT	0.08720	0.0234	pay 0.0117% / 4h	1h 57m	$1.3M	$1.2M	10x
Short	Gate BEAT_USDT	0.08690	0.0100	get 0.0100% / 8h	1h 57m	$3.2M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now −0.344%Rate

Funding earned: −$28.14
Price spread: −0.344% → −0.204%: −$14.04
Slippage, 4 orders: −$66.97
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$136.15
Costs to cover: 0.940%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 5 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 Bitget live order book, 4 min ago	5.75 bp	21.1 bp −$21	79.9 bp −$799	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	5.74 bp	25.4 bp −$25	196.7 bp −$1,967	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	0.08691	−0.334%	$48K	$30K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08717	−0.034%	$4.6M	$2.1M	25x	as long as short
Gate BEAT_USDTshort	+0.0100%	8h	0.08690	−0.344%	$3.2M	$2.0M	20x
Variational Omni BEAT	+0.0100%	4h	0.08687	−0.376%	$33K	$587	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08709	−0.126%	$1K	$1.3M	20x	as long as short
OKX BEAT-USDT-SWAP	+0.0175%	4h	0.08726	+0.069%	$4.2M	$9.9M	10x	as long as short
Bitget BEATUSDTlong	+0.0234%	4h	0.08720	long leg	$1.3M	$1.2M	10x
HTX BEAT-USDT	+0.0306%	4h	0.08717	−0.034%	$120K	$66K	20x	as long as short
BloFin BEAT-USDT	+0.0332%	4h	0.08680	−0.459%	$490K	$49K	10x	as long as short
MEXC BEAT_USDT	+0.0336%	4h	0.08710	−0.115%	$5.8M	$2.4M	100x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX BEATUSDC	+0.0341%	4h	0.08695	−0.282%	$4K	$166K	10x	as long as short
BingX BEAT-USDT	+0.0342%	4h	0.08720	0.000%	—	$7.6M	—	as long as short
Extended BEAT-USD	+0.0344%	1h	0.08716	−0.044%	$5K	$221K	5x	as long as short
Binance BEATUSDT	+0.0344%	4h	0.08717	−0.037%	$8.1M	$10.6M	10x	as long as short
KuCoin BEATUSDTM	+0.0794%	4h	0.08715	−0.057%	$2.5M	$1.1M	25x	as long as short