Funding arb · Price arb /

BEAT

all BEAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.001%

Price spread now: BingX against Extended−0.097%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1191.194% of the position

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.144%+$14 on $10k

Price spread, last 3 days (all we have)+0.232%+$23 · spread now −0.097%, 7d avg +0.008%

Together, before fees+0.376%+ Points / potential airdropExtended: Active · farm board+$38 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.105% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BEAT-USD	0.08749	0.0352	pay 0.0044% / 1h	54m 34s	$5K	$221K	5x
Short	BingX BEAT-USDT	0.08740	0.0344	get 0.0172% / 4h	1h 54m	—	$7.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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 ExtendedbpFee BingXbpOrdersPrice spread, now −0.097%Rate

Funding earned: −$1.68
Price spread: −0.097% → +0.008%: −$10.53
Slippage, 4 orders: −$104.36
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$131.57
Costs to cover: 1.194%
Break-even: never at this rate

Slippage from Extended: live order book, 27 min ago; BingX: live order book, 13 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 Extended live order book, 27 min ago	6.27 bp	40.5 bp −$40	253.6 bp −$2,536	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	11.51 bp	16.5 bp −$17	34.1 bp −$341	271.8 bp −$27.2K	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	0.08733	−0.173%	$48K	$30K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08733	−0.177%	$4.6M	$2.1M	25x	as long as short
Gate BEAT_USDT	+0.0100%	8h	0.08730	−0.212%	$3.3M	$2.0M	20x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08725	−0.266%	$33K	$587	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08759	+0.120%	$2K	$1.3M	20x	as long as short
OKX BEAT-USDT-SWAP	+0.0183%	4h	0.08732	−0.189%	$4.2M	$9.9M	10x	as long as short
Bitget BEATUSDT	+0.0242%	4h	0.08740	−0.097%	$1.3M	$1.2M	10x	as long as short
HTX BEAT-USDT	+0.0329%	4h	0.08758	+0.108%	$120K	$66K	20x	as long as short
BingX BEAT-USDTshort	+0.0344%	4h	0.08740	−0.097%	—	$7.6M	—
edgeX BEATUSDC	+0.0344%	4h	0.08692	−0.642%	$4K	$164K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BEAT-USDlong	+0.0352%	1h	0.08749	long leg	$5K	$221K	5x
MEXC BEAT_USDT	+0.0352%	4h	0.08740	−0.097%	$5.9M	$2.4M	100x	as long as short
BloFin BEAT-USDT	+0.0356%	4h	0.08750	+0.017%	$490K	$50K	10x	as long as short
Binance BEATUSDT	+0.0358%	4h	0.08740	−0.097%	$8.2M	$10.6M	10x	as long as short
KuCoin BEATUSDTM	+0.0796%	4h	0.08750	+0.017%	$2.5M	$1.1M	25x	as long as short