Funding arb · Price arb /

BEAT

all BEAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.084%

Price spread now: Bybit against Extended+0.059%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$285as in the Funding arb table

Net, price: spread back to 7d avg − costs−$251as in the Price arb table

costs, in and out, $10k−$2612.607% of the position

Long on Extended Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.238%−$24 on $10k

Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.059%, 7d avg −0.033%

Together, before fees−0.198%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.093% dearer against Extended than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.033%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.238% in total) that is about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BEAT-USD	0.08918	0.0344	pay 0.0043% / 1h	12m 45s	$4K	$203K	5x
Short	Bybit BEATUSDT	0.08923	0.0100	get 0.0050% / 4h	2h 12m	$4.8M	$2.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$51.24
Price spread: +0.059% → −0.033%: $9.26
Slippage, 4 orders: −$244.74
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$302.72
Costs to cover: 2.607%
Break-even: never at this rate

Slippage from Extended: live order book, 34 min ago; Bybit: live order book, 5 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 Extended live order book, 34 min ago	6.14 bp	38.4 bp −$38	233.7 bp −$2,337	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	2.80 bp	91.5 bp −$91	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	0.08926	+0.097%	$50K	$31K	10x	as long as short
Bybit BEATUSDTshort	+0.0100%	4h	0.08923	+0.059%	$4.8M	$2.4M	25x
Variational Omni BEAT	+0.0100%	4h	0.08886	−0.355%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08954	+0.407%	$2K	$1.6M	20x	as long as short
Bitget BEATUSDT	+0.0194%	4h	0.08930	+0.138%	$1.3M	$1.4M	10x	as long as short
HTX BEAT-USDT	+0.0313%	4h	0.08916	−0.019%	$123K	$63K	20x	as long as short
Extended BEAT-USDlong	+0.0344%	1h	0.08918	long leg	$4K	$203K	5x
MEXC BEAT_USDT	+0.0344%	4h	0.08910	−0.087%	$6.0M	$2.7M	100x	as long as short
Gate BEAT_USDT	+0.0353%	8h	0.08920	+0.026%	$3.3M	$2.3M	20x	as long as short
edgeX BEATUSDC	+0.0359%	4h	0.08894	−0.262%	$4K	$167K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BEATUSDT	+0.0362%	4h	0.08929	+0.123%	$8.1M	$13.1M	10x	as long as short
BloFin BEAT-USDT	+0.0380%	4h	0.08920	+0.026%	$482K	$42K	10x	as long as short
KuCoin BEATUSDTM	+0.0388%	4h	0.08925	+0.082%	$2.3M	$1.3M	25x	as long as short
BingX BEAT-USDT	+0.0530%	4h	0.08920	+0.026%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAP	+0.0555%	4h	0.08928	+0.115%	$4.2M	$12.5M	10x	as long as short