Funding arb · Price arb /

BERA

all BERA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h −0.115%

Price spread now: Coinbase International against Aster−0.279%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Coinbase International is 0.279% cheaper against Aster than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BERAUSDT	0.2305	0.0100	pay 0.0050% / 4h	1h 19m	$16K	$27K	5x
Short	Coinbase International BERA-PERP-INTX	0.2299	−0.0376	pay 0.0047% / 1h	19m 55s	$16K	$54K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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 AsterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.279%Rate

Funding earned: −$99.96
Price spread: −0.279% → 0.000%: −$27.94
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$145.9
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Coinbase International: no order-book sample. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

Aster and Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BERA on 24 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
Injective BERA/USDC PERP	−0.5000%	1h	0.2162	−6.222%	$2K	$5K	12x	as long as short
Coinbase International BERA-PERP-INTXshort	−0.0376%	1h	0.2299	−0.279%	$16K	$54K	50x
Kraken Futures PF_BERAUSD	−0.0181%	1h	0.2303	−0.093%	$52K	$25K	20x	as long as short
BloFin BERA-USDT	+0.0095%	4h	0.2303	−0.106%	$280K	$74K	75x	as long as short
Lighter BERA	+0.0096%	1h	0.2303	−0.102%	$62K	$88K	5x	as long as short
Orderly PERP_BERA_USDC	+0.0097%	4h	0.2304	−0.063%	$9K	$883	10x	as long as short
Aster BERAUSDTlong	+0.0100%	4h	0.2305	long leg	$16K	$27K	5x
Binance BERAUSDT	+0.0100%	4h	0.2302	−0.153%	$5.4M	$14.1M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2299	−0.279%	$3.1M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2300	−0.236%	$1.5M	$3.2M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BERA_USDT	+0.0100%	4h	0.2304	−0.063%	$348K	$393K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2302	−0.149%	$1.2M	$437K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2303	−0.106%	$548K	$231K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2299	−0.279%	$1.5M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2303	−0.106%	—	$6.6M	—	as long as short
Variational Omni BERA	+0.0100%	4h	0.2304	−0.059%	$84K	$49K	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2290	−0.670%	$32K	$454K	50x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2303	−0.110%	$376	$6K	5x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2303	−0.095%	$2K	—	100x	as long as short
Hyperliquid BERA	+0.0351%	1h	0.2305	−0.024%	$2.9M	$916K	5x	as long as short
01 Exchange BERAUSD	+0.0432%	1h	0.2304	−0.063%	$3K	$3K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0450%	4h	0.2291	−0.644%	$115K	$3.2M	10x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0619%	1h	0.2304	−0.063%	$2K	$55K	25x	as long as short
Backpack BERA_USDC_PERP	+0.1013%	1h	0.2303	−0.102%	$35K	$158K	5x	as long as short