Settings8H · net · $10k
Funding arb · Price arb /

BEAT

all BEAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.80 per $10,000 · paid last 24h +0.037%
Price spread now: BingX against HTX−0.574%7-day average −0.267% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1391.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.121%+$12 on $10k
Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.574%, 7d avg −0.267%
Together, before fees+0.342%+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.307% cheaper against HTX than usual: you would sell low and buy high (spread −0.574% now, against its 7-day average of −0.267%). If the spread goes back, that is −$31 on $10k: about 6.4 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.121% in total) that is about 18 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BEAT-USDT0.090620.0100pay 0.0050% / 4h3h 53m$127K$62K20x
ShortBingX BEAT-USDT0.090100.0260get 0.0130% / 4h3h 53m$7.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against HTX. 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

Funding earned
$33.6
Price spread: −0.574% → −0.267%
−$30.69
Slippage, 4 orders
−$117.22
Fee HTX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$136.31
Costs to cover
1.392%
Break-even
35.4 days
Slippage from HTX: live order book, 43 min ago; BingX: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 43 min ago23.77 bp36.3 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 14 min ago10.94 bp16.8 bp −$1752.7 bp −$527280.2 bp −$28.0Kdoesn't fit

BEAT on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BEAT-USDT+0.0096%4h0.09010−0.574%$399K$42K10xas long as short
Aster BEATUSDT+0.0100%4h0.09014−0.533%$52K$33K10xas long as short
Bybit BEATUSDT+0.0100%4h0.09012−0.552%$4.8M$2.6M25xas long as short
Gate BEAT_USDT+0.0100%8h0.09010−0.574%$3.4M$2.4M20xas long as short
Variational Omni BEAT+0.0100%4h0.09053−0.105%$35K$179as long as short
SunX BEAT-USDT+0.0100%4h0.09035−0.298%$2K$1.8M20xas long as short
HTX BEAT-USDTlong+0.0100%4h0.09062long leg$127K$62K20x
Binance BEATUSDT+0.0113%4h0.09010−0.574%$8.2M$14.4M10xas long as short
MEXC BEAT_USDT+0.0116%4h0.09010−0.574%$6.1M$3.0M100xas long as short
Extended BEAT-USD+0.0120%1h0.09007−0.602%$4K$286K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX BEATUSDC+0.0128%4h0.09049−0.143%$4K$166K10xas long as short
Bitget BEATUSDT+0.0180%4h0.09020−0.463%$1.4M$1.6M10xas long as short
OKX BEAT-USDT-SWAP+0.0242%4h0.09020−0.463%$4.3M$14.0M10xas long as short
BingX BEAT-USDTshort+0.0260%4h0.09010−0.574%$7.7M
KuCoin BEATUSDTM+0.0264%4h0.09013−0.541%$2.3M$1.4M25xas long as short