Funding arb · Price arb /

BEAT

all BEAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0290%/8h= −31.8% APRpaid last 24h −0.078%

Price spread now: Gate against BloFin0.000%7-day average −0.253% · you sell dearer than you buy

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$980.981% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.194%−$19 on $10k

Price spread, last 3 days (all we have)−0.576%−$58 · spread now 0.000%, 7d avg −0.253%

Together, before fees−0.770%−$77 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.253% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.253%): +$25 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.194% in total) that is about 9.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.194% in total (about -10.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BEAT-USDT	0.08680	0.0390	pay 0.0195% / 4h	2h 06m	$491K	$49K	10x
Short	Gate BEAT_USDT	0.08680	0.0100	get 0.0100% / 8h	2h 06m	$3.2M	$2.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$60.96
Price spread: 0.000% → −0.253%: $25.31
Slippage, 4 orders: −$71.14
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$133.79
Costs to cover: 0.981%
Break-even: never at this rate

Slippage from BloFin: live order book, 14 min ago; Gate: live order book, 1 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 BloFin live order book, 14 min ago	11.40 bp	33.5 bp −$33	73.5 bp −$735	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	5.76 bp	22.0 bp −$22	207.6 bp −$2,076	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	0.08675	−0.057%	$48K	$31K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08675	−0.058%	$4.6M	$2.1M	25x	as long as short
Gate BEAT_USDTshort	+0.0100%	8h	0.08680	0.000%	$3.2M	$2.1M	20x
Variational Omni BEAT	+0.0100%	4h	0.08693	+0.147%	$33K	$587	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08698	+0.207%	$2K	$1.3M	20x	as long as short
OKX BEAT-USDT-SWAP	+0.0151%	4h	0.08688	+0.092%	$4.2M	$9.8M	10x	as long as short
Bitget BEATUSDT	+0.0210%	4h	0.08700	+0.230%	$1.3M	$1.2M	10x	as long as short
HTX BEAT-USDT	+0.0279%	4h	0.08721	+0.472%	$120K	$66K	20x	as long as short
edgeX BEATUSDC	+0.0336%	4h	0.08700	+0.229%	$4K	$165K	10x	as long as short
BingX BEAT-USDT	+0.0336%	4h	0.08680	0.000%	—	$7.6M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BEAT_USDT	+0.0342%	4h	0.08680	0.000%	$5.8M	$2.4M	100x	as long as short
Binance BEATUSDT	+0.0343%	4h	0.08680	0.000%	$8.1M	$10.6M	10x	as long as short
Extended BEAT-USD	+0.0344%	1h	0.08679	−0.011%	$5K	$221K	5x	as long as short
BloFin BEAT-USDTlong	+0.0390%	4h	0.08680	long leg	$491K	$49K	10x
KuCoin BEATUSDTM	+0.0768%	4h	0.08688	+0.092%	$2.5M	$1.1M	25x	as long as short