Funding arb · Price arb /

BEAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0130%/8h= +14.2% APRpaid last 24h −0.048%

Price spread now: Gate against Bitget−0.224%7-day average −0.201% · you buy dearer than you sell

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1111.110% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.167%−$17 on $10k

Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.224%, 7d avg −0.201%

Together, before fees−0.170%−$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.023% cheaper against Bitget than usual: you would sell low and buy high (spread −0.224% now, against its 7-day average of −0.201%). If the spread goes back, that is −$2 on $10k: about 14 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.167%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BEATUSDT	0.08930	0.0184	pay 0.0092% / 4h	2h 20m	$1.3M	$1.4M	10x
Short	Gate BEAT_USDT	0.08910	0.0314	get 0.0314% / 8h	2h 20m	$3.3M	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now −0.224%Rate

Funding earned: $27.3
Price spread: −0.224% → −0.201%: −$2.34
Slippage, 4 orders: −$84.04
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$86.08
Costs to cover: 1.110%
Break-even: 29.1 days

Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 3 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 Bitget live order book, 1 min ago	5.61 bp	33.6 bp −$34	126.8 bp −$1,268	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	5.61 bp	23.6 bp −$24	124.0 bp −$1,240	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	0.08928	−0.018%	$50K	$31K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08925	−0.056%	$4.8M	$2.4M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08899	−0.342%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08934	+0.045%	$2K	$1.6M	20x	as long as short
Bitget BEATUSDTlong	+0.0184%	4h	0.08930	long leg	$1.3M	$1.4M	10x
Gate BEAT_USDTshort	+0.0314%	8h	0.08910	−0.224%	$3.3M	$2.3M	20x
edgeX BEATUSDC	+0.0349%	4h	0.08892	−0.427%	$4K	$166K	10x	as long as short
MEXC BEAT_USDT	+0.0358%	4h	0.08920	−0.112%	$6.0M	$2.6M	100x	as long as short
Binance BEATUSDT	+0.0359%	4h	0.08929	−0.014%	$8.1M	$13.1M	10x	as long as short
Extended BEAT-USD	+0.0360%	1h	0.08924	−0.064%	$7K	$205K	5x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BEAT-USDT	+0.0365%	4h	0.08910	−0.224%	$484K	$42K	10x	as long as short
HTX BEAT-USDT	+0.0370%	4h	0.08906	−0.269%	$122K	$63K	20x	as long as short
KuCoin BEATUSDTM	+0.0382%	4h	0.08932	+0.022%	$2.3M	$1.3M	25x	as long as short
BingX BEAT-USDT	+0.0528%	4h	0.08930	0.000%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAP	+0.0561%	4h	0.08935	+0.056%	$4.2M	$12.5M	10x	as long as short