Funding arb · Price arb /

BEAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0356%/8h= −39.0% APRpaid last 24h −0.082%

Price spread now: SunX against Extended+0.158%7-day average +0.199% · you sell dearer than you buy

Net, funding: paid 7d − costs−$243as in the Funding arb table

Net, price: spread back to 7d avg − costs−$225as in the Price arb table

costs, in and out, $10k−$2212.207% of the position

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.222%−$22 on $10k

Price spread, last 3 days (all we have)+0.263%+$26 · spread now +0.158%, 7d avg +0.199%

Together, before fees+0.041%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and SunX is 0.041% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.199%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.222% in total (about -11.6% 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	Extended BEAT-USD	0.08811	0.0456	pay 0.0057% / 1h	54m 00s	$4K	$228K	5x
Short	SunX BEAT-USDT	0.08825	0.0100	get 0.0050% / 4h	1h 54m	$2K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.158%Rate

Funding earned: −$74.76
Price spread: +0.158% → +0.199%: −$4.08
Slippage, 4 orders: −$207.69
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$299.53
Costs to cover: 2.207%
Break-even: never at this rate

Slippage from Extended: live order book, 8 min ago; SunX: live order book, 11 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, 8 min ago	6.26 bp	39.2 bp −$39	246.2 bp −$2,462	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	51.11 bp	69.4 bp −$69	doesn't fit	doesn't fit	doesn't fit

BEAT on 14 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	0.08800	−0.124%	$49K	$33K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08811	−0.001%	$4.7M	$2.2M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08818	+0.079%	$34K	$588	—	as long as short
SunX BEAT-USDTshort	+0.0100%	4h	0.08825	+0.158%	$2K	$1.4M	20x
HTX BEAT-USDT	+0.0213%	4h	0.08866	+0.624%	$122K	$67K	20x	as long as short
KuCoin BEATUSDTM	+0.0418%	4h	0.08801	−0.114%	$2.4M	$1.2M	25x	as long as short
MEXC BEAT_USDT	+0.0446%	4h	0.08800	−0.126%	$5.8M	$2.5M	100x	as long as short
Binance BEATUSDT	+0.0454%	4h	0.08815	+0.048%	$8.1M	$11.5M	10x	as long as short
Extended BEAT-USDlong	+0.0456%	1h	0.08811	long leg	$4K	$228K	5x
edgeX BEATUSDC	+0.0459%	4h	0.08762	−0.553%	$4K	$165K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BEAT-USDT-SWAP	+0.0506%	4h	0.08823	+0.136%	$4.1M	$10.9M	10x	as long as short
BingX BEAT-USDT	+0.0512%	4h	0.08810	−0.012%	—	$7.6M	—	as long as short
Bitget BEATUSDT	+0.0526%	4h	0.08820	+0.101%	$1.3M	$1.1M	10x	as long as short
Gate BEAT_USDT	+0.0593%	8h	0.08800	−0.126%	$3.3M	$2.0M	20x	as long as short