Funding arb · Price arb /

BEAT

all BEAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0284%/8h= +31.1% APRpaid last 24h +0.024%

Price spread now: Bitget against Gate+0.232%7-day average +0.203% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$950.949% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.142%+$14 on $10k

Price spread, last 3 days (all we have)−0.004%$0 · spread now +0.232%, 7d avg +0.203%

Together, before fees+0.138%+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bitget is 0.029% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.203%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.142% in total (about 7.4% 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	Gate BEAT_USDT	0.08630	0.0100	pay 0.0100% / 8h	2m 33s	$3.2M	$2.1M	20x
Short	Bitget BEATUSDT	0.08650	0.0384	get 0.0192% / 4h	2m 33s	$1.3M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.232%Rate

Funding earned: $59.64
Price spread: +0.232% → +0.203%: $2.89
Slippage, 4 orders: −$67.89
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$32.36
Costs to cover: 0.949%
Break-even: 10.8 days

Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 4 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, 5 min ago	5.79 bp	28.5 bp −$28	85.9 bp −$859	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	11.57 bp	23.0 bp −$23	60.4 bp −$604	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	0.08637	+0.081%	$48K	$30K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08641	+0.127%	$4.6M	$2.1M	25x	as long as short
Gate BEAT_USDTlong	+0.0100%	8h	0.08630	long leg	$3.2M	$2.1M	20x
Variational Omni BEAT	+0.0100%	4h	0.08620	−0.112%	$33K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08656	+0.301%	$1K	$1.3M	20x	as long as short
OKX BEAT-USDT-SWAP	+0.0191%	4h	0.08647	+0.197%	$4.2M	$10.0M	10x	as long as short
BloFin BEAT-USDT	+0.0271%	4h	0.08640	+0.116%	$484K	$49K	10x	as long as short
edgeX BEATUSDC	+0.0309%	4h	0.08636	+0.067%	$4K	$165K	10x	as long as short
Extended BEAT-USD	+0.0312%	1h	0.08638	+0.095%	$5K	$221K	5x	as long as short
MEXC BEAT_USDT	+0.0312%	4h	0.08630	0.000%	$5.7M	$2.5M	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	+0.0324%	4h	0.08647	+0.195%	$8.1M	$10.8M	10x	as long as short
HTX BEAT-USDT	+0.0356%	4h	0.08648	+0.209%	$119K	$65K	20x	as long as short
BingX BEAT-USDT	+0.0374%	4h	0.08640	+0.116%	—	$7.6M	—	as long as short
Bitget BEATUSDTshort	+0.0384%	4h	0.08650	+0.232%	$1.3M	$1.2M	10x
KuCoin BEATUSDTM	+0.0722%	4h	0.08638	+0.093%	$2.5M	$1.1M	25x	as long as short