Funding arb · Price arb /

BEAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0181%/8h= −19.8% APRpaid last 24h +0.060%

Price spread now: HTX against Gate+0.644%7-day average +0.429% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1541.537% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.262%+$26 on $10k

Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.644%, 7d avg +0.429%

Together, before fees+0.240%+$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.215% dearer against Gate than usual: you sell high and buy low (spread +0.644% now, against its 7-day average of +0.429%): +$21 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.262%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BEAT_USDT	0.09000	0.0281	pay 0.0281% / 8h	3h 21m	$3.4M	$2.2M	20x
Short	HTX BEAT-USDT	0.09058	0.0100	get 0.0050% / 4h	3h 21m	$125K	$72K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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 GatebpFee HTXbpOrdersPrice spread, now +0.644%Rate

Funding earned: −$38.01
Price spread: +0.644% → +0.429%: $21.5
Slippage, 4 orders: −$126.69
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$170.2
Costs to cover: 1.537%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; HTX: live order book, 30 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 Gate live order book, 2 min ago	11.14 bp	24.9 bp −$25	97.4 bp −$974	doesn't fit	doesn't fit
Sell HTX live order book, 30 min ago	20.10 bp	46.5 bp −$46	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	0.09015	+0.162%	$50K	$32K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.09019	+0.211%	$4.8M	$2.3M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08962	−0.424%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.09034	+0.378%	$2K	$1.5M	20x	as long as short
HTX BEAT-USDTshort	+0.0100%	4h	0.09058	+0.644%	$125K	$72K	20x
KuCoin BEATUSDTM	+0.0150%	4h	0.09022	+0.244%	$2.4M	$1.3M	25x	as long as short
Bitget BEATUSDT	+0.0214%	4h	0.09030	+0.333%	$1.4M	$1.3M	10x	as long as short
Gate BEAT_USDTlong	+0.0281%	8h	0.09000	long leg	$3.4M	$2.2M	20x
Extended BEAT-USD	+0.0368%	1h	0.09027	+0.305%	$4K	$225K	5x	as long as short
MEXC BEAT_USDT	+0.0368%	4h	0.09030	+0.333%	$6.0M	$2.6M	100x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BEATUSDT	+0.0369%	4h	0.09030	+0.333%	$8.3M	$12.4M	10x	as long as short
edgeX BEATUSDC	+0.0369%	4h	0.08993	−0.078%	$4K	$165K	10x	as long as short
BloFin BEAT-USDT	+0.0425%	4h	0.09000	0.000%	$491K	$42K	10x	as long as short
BingX BEAT-USDT	+0.0643%	4h	0.09020	+0.222%	—	$7.6M	—	as long as short
OKX BEAT-USDT-SWAP	+0.0662%	4h	0.09025	+0.278%	$4.2M	$12.1M	10x	as long as short