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

BEAT

all BEAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h +0.060%
Price spread now: HTX against Bybit+0.367%7-day average +0.320% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2282.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.288%+$29 on $10k
Price spread, last 3 days (all we have)+0.247%+$25 · spread now +0.367%, 7d avg +0.320%
Together, before fees+0.534%+$53 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and HTX is 0.047% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.320%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BEATUSDT0.087150.0100pay 0.0050% / 4h2h 28m$4.6M$2.1M25x
ShortHTX BEAT-USDT0.087470.0224get 0.0112% / 4h2h 28m$120K$66K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
$26.06
Price spread: +0.367% → +0.320%
$4.73
Slippage, 4 orders
−$205.05
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$197.27
Costs to cover
2.281%
Break-even
60.0 days
Slippage from Bybit: live order book, 4 min ago; HTX: live order book, 57 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 Bybit live order book, 4 min ago2.30 bp63.5 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 57 min ago33.28 bp55.2 bp −$55doesn'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%4h0.08699−0.178%$48K$31K10xas long as short
Bybit BEATUSDTlong+0.0100%4h0.08715long leg$4.6M$2.1M25x
Gate BEAT_USDT+0.0100%8h0.08700−0.172%$3.2M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08704−0.125%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08729+0.161%$998$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0132%4h0.08723+0.092%$4.2M$9.8M10xas long as short
Bitget BEATUSDT+0.0216%4h0.08720+0.057%$1.3M$1.1M10xas long as short
HTX BEAT-USDTshort+0.0224%4h0.08747+0.367%$120K$66K20x
BloFin BEAT-USDT+0.0323%4h0.08720+0.057%$493K$50K10xas long as short
MEXC BEAT_USDT+0.0340%4h0.08710−0.057%$5.8M$2.4M100xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BEAT-USD+0.0344%1h0.08718+0.036%$5K$221K5xas long as short
edgeX BEATUSDC+0.0345%4h0.08714−0.014%$4K$166K10xas long as short
Binance BEATUSDT+0.0345%4h0.08715+0.006%$8.2M$10.5M10xas long as short
BingX BEAT-USDT+0.0350%4h0.08720+0.057%$7.6Mas long as short
KuCoin BEATUSDTM+0.0824%4h0.08709−0.069%$2.5M$1.1M25xas long as short