Funding arb · Price arb /

BEAT

all BEAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0265%/8h= −29.0% APRpaid last 24h −0.121%

Price spread now: Gate against KuCoin−0.207%7-day average −0.129% · you buy dearer than you sell

Net, funding: paid 7d − costs−$186as in the Funding arb table

Net, price: spread back to 7d avg − costs−$157as in the Price arb table

costs, in and out, $10k−$1491.494% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.368%−$37 on $10k

Price spread, last 4 days (all we have)+0.035%+$4 · spread now −0.207%, 7d avg −0.129%

Together, before fees−0.333%−$33 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.078% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.129%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BEATUSDTM	0.08688	0.0728	pay 0.0364% / 4h	3h 29m	$2.5M	$1.1M	25x
Short	Gate BEAT_USDT	0.08670	0.0463	get 0.0463% / 8h	7h 29m	$3.3M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now −0.207%Rate

Funding earned: −$55.65
Price spread: −0.207% → −0.129%: −$7.81
Slippage, 4 orders: −$122.43
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$212.89
Costs to cover: 1.494%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 3 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 KuCoin live order book, 2 min ago	8.63 bp	38.0 bp −$38	749.0 bp −$7,490	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	11.52 bp	21.9 bp −$22	191.6 bp −$1,916	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	0.08677	−0.127%	$48K	$30K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08687	−0.012%	$4.7M	$2.2M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08678	−0.119%	$33K	$588	—	as long as short
SunX BEAT-USDT	+0.0100%	4h	0.08694	+0.069%	$1K	$1.4M	20x	as long as short
OKX BEAT-USDT-SWAP	+0.0280%	4h	0.08699	+0.127%	$4.2M	$10.1M	10x	as long as short
HTX BEAT-USDT	+0.0289%	4h	0.08692	+0.046%	$119K	$67K	20x	as long as short
BloFin BEAT-USDT	+0.0359%	4h	0.08690	+0.023%	$486K	$49K	10x	as long as short
edgeX BEATUSDC	+0.0380%	4h	0.08684	−0.050%	$4K	$165K	10x	as long as short
MEXC BEAT_USDT	+0.0386%	4h	0.08680	−0.092%	$5.7M	$2.5M	100x	as long as short
Binance BEATUSDT	+0.0389%	4h	0.08690	+0.023%	$8.2M	$10.9M	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BEAT-USD	+0.0392%	1h	0.08688	−0.003%	$4K	$315K	5x	as long as short
BingX BEAT-USDT	+0.0440%	4h	0.08690	+0.023%	—	$7.6M	—	as long as short
Gate BEAT_USDTshort	+0.0463%	8h	0.08670	−0.207%	$3.3M	$2.0M	20x
Bitget BEATUSDT	+0.0476%	4h	0.08700	+0.138%	$1.3M	$1.1M	10x	as long as short
KuCoin BEATUSDTMlong	+0.0728%	4h	0.08688	long leg	$2.5M	$1.1M	25x