Funding arb · Price arb /

BEAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.116%

Price spread now: KuCoin against Gate−0.068%7-day average +0.123% · you buy dearer than you sell

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$195as in the Price arb table

costs, in and out, $10k−$1761.764% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.351%+$35 on $10k

Price spread, last 4 days (all we have)+0.259%+$26 · spread now −0.068%, 7d avg +0.123%

Together, before fees+0.610%+$61 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.190% cheaper against Gate than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.123%). If the spread goes back, that is −$19 on $10k: about 5.0 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BEAT_USDT	0.08880	0.0100	pay 0.0100% / 8h	7h 30m	$3.4M	$2.4M	20x
Short	KuCoin BEATUSDTM	0.08874	0.0228	get 0.0114% / 4h	3h 30m	$2.3M	$1.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.068%Rate

Funding earned: $26.88
Price spread: −0.068% → +0.123%: −$19.04
Slippage, 4 orders: −$149.36
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$168.52
Costs to cover: 1.764%
Break-even: 50.9 days

Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 6 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, 3 min ago	11.20 bp	26.3 bp −$26	104.3 bp −$1,043	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	7.79 bp	57.1 bp −$57	588.2 bp −$5,882	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
BloFin BEAT-USDT	+0.0052%	4h	0.08890	+0.113%	$482K	$42K	10x	as long as short
Aster BEATUSDT	+0.0100%	4h	0.08883	+0.033%	$51K	$33K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08881	+0.011%	$4.8M	$2.7M	25x	as long as short
Gate BEAT_USDTlong	+0.0100%	8h	0.08880	long leg	$3.4M	$2.4M	20x
Variational Omni BEAT	+0.0100%	4h	0.08893	+0.141%	$34K	$179	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08905	+0.282%	$2K	$1.8M	20x	as long as short
MEXC BEAT_USDT	+0.0102%	4h	0.08880	0.000%	$6.0M	$3.0M	100x	as long as short
Binance BEATUSDT	+0.0103%	4h	0.08880	0.000%	$8.1M	$14.6M	10x	as long as short
Extended BEAT-USD	+0.0104%	1h	0.08888	+0.086%	$6K	$292K	5x	as long as short
edgeX BEATUSDC	+0.0113%	4h	0.08941	+0.687%	$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
HTX BEAT-USDT	+0.0148%	4h	0.08930	+0.563%	$125K	$65K	20x	as long as short
Bitget BEATUSDT	+0.0188%	4h	0.08880	0.000%	$1.4M	$1.6M	10x	as long as short
KuCoin BEATUSDTMshort	+0.0228%	4h	0.08874	−0.068%	$2.3M	$1.4M	25x
OKX BEAT-USDT-SWAP	+0.0249%	4h	0.08890	+0.113%	$4.2M	$14.1M	10x	as long as short
BingX BEAT-USDT	+0.0258%	4h	0.08890	+0.113%	—	$7.7M	—	as long as short