Funding arb · Price arb /

BEAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h +0.002%

Price spread now: edgeX against Extended−0.381%73s7-day average +0.020% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 3 days (all we have)+0.496%+$50 · spread now −0.381%, 7d avg +0.020%

Together, before fees+0.480%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and edgeX is 0.401% cheaper against Extended than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of +0.020%). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BEAT-USD	0.08639	0.0296	pay 0.0037% / 1h	46m 12s	$5K	$221K	5x
Short	edgeX BEATUSDC	0.08606	0.0287	get 0.0143% / 4h	2h 46m	$4K	$165K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.381%Rate

Funding earned: −$1.99
Price spread: −0.381% → +0.020%: −$40.08
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$56.06
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 40 min ago; edgeX: live order book, 40 min ago. Net counts fees only.

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, 40 min ago	6.33 bp	42.8 bp −$43	249.9 bp −$2,499	doesn't fit	doesn't fit
Sell edgeX live order book, 40 min ago	17.25 bp	doesn't fit	doesn't fit	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	0.08642	+0.033%	$48K	$31K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08634	−0.060%	$4.6M	$2.1M	25x	as long as short
OKX BEAT-USDT-SWAP	+0.0100%	4h	0.08646	+0.079%	$4.2M	$9.6M	10x	as long as short
Gate BEAT_USDT	+0.0100%	8h	0.08620	−0.222%	$3.2M	$2.0M	20x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08602	−0.430%	$33K	$587	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08652	+0.149%	$2K	$1.3M	20x	as long as short
HTX BEAT-USDT	+0.0171%	4h	0.08657	+0.207%	$119K	$66K	20x	as long as short
Bitget BEATUSDT	+0.0240%	4h	0.08650	+0.125%	$1.2M	$1.1M	10x	as long as short
BloFin BEAT-USDT	+0.0282%	4h	0.08620	−0.222%	$496K	$49K	10x	as long as short
edgeX BEATUSDCshort	+0.0287%	4h	0.08606	−0.381%	$4K	$165K	10x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BEAT_USDT	+0.0290%	4h	0.08640	+0.010%	$5.7M	$2.4M	100x	as long as short
BingX BEAT-USDT	+0.0290%	4h	0.08640	+0.010%	—	$7.6M	—	as long as short
Extended BEAT-USDlong	+0.0296%	1h	0.08639	long leg	$5K	$221K	5x
Binance BEATUSDT	+0.0298%	4h	0.08640	+0.010%	$8.1M	$10.4M	10x	as long as short
KuCoin BEATUSDTM	+0.0800%	4h	0.08646	+0.079%	$2.5M	$1.1M	25x	as long as short