Funding arb · Price arb /

BEAT

all BEAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0143%/8h= −15.7% APRpaid last 24h 0.000%

Price spread now: Bybit against Gate+0.135%7-day average +0.106% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$153as in the Price arb table

costs, in and out, $10k−$1561.559% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.135%, 7d avg +0.106%

Together, before fees+0.018%+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.028% dearer against Gate than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of +0.106%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (0.000% in total) that is about years.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BEAT_USDT	0.08910	0.0243	pay 0.0243% / 8h	3h 09m	$3.3M	$2.2M	20x
Short	Bybit BEATUSDT	0.08922	0.0100	get 0.0050% / 4h	3h 09m	$4.8M	$2.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now +0.135%Rate

Funding earned: −$30.03
Price spread: +0.135% → +0.106%: $2.84
Slippage, 4 orders: −$129.94
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$183.12
Costs to cover: 1.559%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 4 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 Gate live order book, 4 min ago	11.12 bp	24.0 bp −$24	95.0 bp −$950	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.11 bp	36.2 bp −$36	512.4 bp −$5,124	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	0.08922	+0.138%	$50K	$32K	10x	as long as short
Bybit BEATUSDTshort	+0.0100%	4h	0.08922	+0.135%	$4.8M	$2.4M	25x
Variational Omni BEAT	+0.0100%	4h	0.08965	+0.621%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08934	+0.269%	$976	$1.6M	20x	as long as short
KuCoin BEATUSDTM	+0.0146%	4h	0.08918	+0.090%	$2.3M	$1.3M	25x	as long as short
Bitget BEATUSDT	+0.0186%	4h	0.08930	+0.224%	$1.3M	$1.3M	10x	as long as short
Gate BEAT_USDTlong	+0.0243%	8h	0.08910	long leg	$3.3M	$2.2M	20x
Extended BEAT-USD	+0.0328%	1h	0.08927	+0.196%	$4K	$212K	5x	as long as short
Binance BEATUSDT	+0.0330%	4h	0.08924	+0.156%	$8.2M	$12.6M	10x	as long as short
MEXC BEAT_USDT	+0.0334%	4h	0.08910	0.000%	$6.0M	$2.6M	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	+0.0354%	4h	0.08994	+0.947%	$4K	$165K	10x	as long as short
BloFin BEAT-USDT	+0.0366%	4h	0.08920	+0.112%	$487K	$42K	10x	as long as short
HTX BEAT-USDT	+0.0387%	4h	0.08939	+0.325%	$123K	$72K	20x	as long as short
BingX BEAT-USDT	+0.0590%	4h	0.08930	+0.224%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAP	+0.0604%	4h	0.08936	+0.292%	$4.2M	$12.1M	10x	as long as short