Funding arb · Price arb /

BEAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h −0.004%

Price spread now: BingX against Extended+0.093%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1121.121% of the position

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.093%, 7d avg +0.011%

Together, before fees+0.172%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.083% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BEAT-USD	0.08742	0.0456	pay 0.0057% / 1h	32m 58s	$4K	$226K	5x
Short	BingX BEAT-USDT	0.08750	0.0534	get 0.0267% / 4h	1h 32m	—	$7.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.093%Rate

Funding earned: $16.38
Price spread: +0.093% → +0.011%: $8.28
Slippage, 4 orders: −$97.06
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$87.4
Costs to cover: 1.121%
Break-even: 44.4 days

Slippage from Extended: live order book, 29 min ago; BingX: 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, 29 min ago	6.26 bp	39.2 bp −$39	246.2 bp −$2,462	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	11.44 bp	16.4 bp −$16	30.8 bp −$308	272.9 bp −$27.3K	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	0.08734	−0.087%	$48K	$33K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08739	−0.032%	$4.7M	$2.2M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08747	+0.057%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08745	+0.036%	$1K	$1.4M	20x	as long as short
HTX BEAT-USDT	+0.0215%	4h	0.08767	+0.288%	$120K	$67K	20x	as long as short
KuCoin BEATUSDTM	+0.0306%	4h	0.08726	−0.181%	$2.4M	$1.2M	25x	as long as short
edgeX BEATUSDC	+0.0446%	4h	0.08742	+0.007%	$4K	$165K	10x	as long as short
Gate BEAT_USDT	+0.0450%	8h	0.08730	−0.135%	$3.2M	$2.1M	20x	as long as short
MEXC BEAT_USDT	+0.0452%	4h	0.08730	−0.135%	$5.7M	$2.5M	100x	as long as short
BloFin BEAT-USDT	+0.0455%	4h	0.08730	−0.135%	$482K	$40K	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	+0.0456%	4h	0.08744	+0.028%	$8.1M	$11.6M	10x	as long as short
Extended BEAT-USDlong	+0.0456%	1h	0.08742	long leg	$4K	$226K	5x
Bitget BEATUSDT	+0.0518%	4h	0.08750	+0.093%	$1.3M	$1.2M	10x	as long as short
BingX BEAT-USDTshort	+0.0534%	4h	0.08750	+0.093%	—	$7.6M	—
OKX BEAT-USDT-SWAP	+0.0589%	4h	0.08749	+0.082%	$4.0M	$10.9M	10x	as long as short