Funding arb · Price arb /

BEAT

all BEAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0244%/8h= −26.8% APRpaid last 24h +0.013%

Price spread now: OKX against Gate−0.011%7-day average +0.187% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$760.757% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.236%+$24 on $10k

Price spread, last 4 days (all we have)+0.241%+$24 · spread now −0.011%, 7d avg +0.187%

Together, before fees+0.477%+$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.199% cheaper against Gate than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.187%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.236%, 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	0.08760	0.0630	pay 0.0630% / 8h	6h 20m	$3.3M	$2.1M	20x
Short	OKX BEAT-USDT-SWAP	0.08759	0.0386	get 0.0193% / 4h	2h 20m	$4.1M	$10.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$51.33
Price spread: −0.011% → +0.187%: −$19.87
Slippage, 4 orders: −$50.71
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$146.91
Costs to cover: 0.757%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; OKX: live order book, 2 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	11.42 bp	24.5 bp −$24	82.1 bp −$821	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.14 bp	14.1 bp −$14	97.6 bp −$976	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	0.08760	−0.004%	$49K	$33K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08762	+0.023%	$4.7M	$2.3M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08774	+0.164%	$34K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08792	+0.365%	$1K	$1.4M	20x	as long as short
HTX BEAT-USDT	+0.0298%	4h	0.08786	+0.297%	$121K	$67K	20x	as long as short
OKX BEAT-USDT-SWAPshort	+0.0386%	4h	0.08759	−0.011%	$4.1M	$10.8M	10x
MEXC BEAT_USDT	+0.0444%	4h	0.08760	0.000%	$5.7M	$2.6M	100x	as long as short
Binance BEATUSDT	+0.0447%	4h	0.08760	0.000%	$8.1M	$11.5M	10x	as long as short
Extended BEAT-USD	+0.0448%	1h	0.08768	+0.087%	$5K	$222K	5x	as long as short
edgeX BEATUSDC	+0.0450%	4h	0.08754	−0.064%	$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
BingX BEAT-USDT	+0.0484%	4h	0.08760	0.000%	—	$7.6M	—	as long as short
KuCoin BEATUSDTM	+0.0498%	4h	0.08768	+0.091%	$2.4M	$1.2M	25x	as long as short
Bitget BEATUSDT	+0.0516%	4h	0.08770	+0.114%	$1.3M	$1.2M	10x	as long as short
Gate BEAT_USDTlong	+0.0630%	8h	0.08760	long leg	$3.3M	$2.1M	20x