Funding arb · Price arb /

BEAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against SunX−0.434%7-day average −0.341% · you buy dearer than you sell

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$196as in the Price arb table

costs, in and out, $10k−$1871.866% of the position

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.386%−$39 · spread now −0.434%, 7d avg −0.341%

Together, before fees−0.386%−$39 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: Gate is 0.093% cheaper against SunX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.341%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BEAT-USDT	0.08748	0.0100	pay 0.0050% / 4h	1h 56m	$2K	$1.3M	20x
Short	Gate BEAT_USDT	0.08710	0.0100	get 0.0100% / 8h	1h 56m	$3.2M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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 SunXbpFee GatebpOrdersPrice spread, now −0.434%Rate

Funding earned: $0
Price spread: −0.434% → −0.341%: −$9.29
Slippage, 4 orders: −$163.6
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$195.89
Costs to cover: 1.866%
Break-even: never at this rate

Slippage from SunX: live order book, 8 min ago; Gate: live order book, 2 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 SunX live order book, 8 min ago	35.02 bp	53.1 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	5.74 bp	19.2 bp −$19	187.1 bp −$1,871	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	0.08718	−0.348%	$48K	$30K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08727	−0.240%	$4.6M	$2.1M	25x	as long as short
Gate BEAT_USDTshort	+0.0100%	8h	0.08710	−0.434%	$3.2M	$2.0M	20x
Variational Omni BEAT	+0.0100%	4h	0.08687	−0.695%	$33K	$587	—	as long as short
SunX BEAT-USDTlong	+0.0100%	4h	0.08748	long leg	$2K	$1.3M	20x
OKX BEAT-USDT-SWAP	+0.0182%	4h	0.08733	−0.171%	$4.2M	$9.9M	10x	as long as short
Bitget BEATUSDT	+0.0236%	4h	0.08740	−0.091%	$1.3M	$1.2M	10x	as long as short
HTX BEAT-USDT	+0.0322%	4h	0.08717	−0.354%	$120K	$66K	20x	as long as short
BloFin BEAT-USDT	+0.0338%	4h	0.08680	−0.777%	$490K	$49K	10x	as long as short
MEXC BEAT_USDT	+0.0344%	4h	0.08730	−0.206%	$5.9M	$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
BingX BEAT-USDT	+0.0344%	4h	0.08730	−0.206%	—	$7.6M	—	as long as short
edgeX BEATUSDC	+0.0344%	4h	0.08692	−0.636%	$4K	$164K	10x	as long as short
Extended BEAT-USD	+0.0352%	1h	0.08737	−0.131%	$5K	$221K	5x	as long as short
Binance BEATUSDT	+0.0353%	4h	0.08738	−0.114%	$8.2M	$10.6M	10x	as long as short
KuCoin BEATUSDTM	+0.0806%	4h	0.08734	−0.160%	$2.5M	$1.1M	25x	as long as short