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

BERA

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.084%
Price spread now: Variational Omni against Backpack−0.182%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.182% cheaper against Backpack than usual: you would sell low and buy high, −$18 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack BERA_USDC_PERP0.23070.0100pay 0.0013% / 1h34m 30s$29K$155K5x
ShortVariational Omni BERA0.23030.0100get 0.0050% / 4h3h 34m$85K$52K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Backpack. 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
$0
Price spread: −0.182% → 0.000%
−$18.22
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$28.22
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 19 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 19 min ago0.22 bp10.5 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.5000%1h0.2170−5.930%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1522%1h0.2307+0.025%$52K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2317+0.442%$22K$60K50xas long as short
BloFin BERA-USDT+0.0053%4h0.2307+0.009%$285K$77K75xas long as short
Lighter BERA+0.0096%1h0.2307+0.017%$65K$84K5xas long as short
Hyperliquid BERA+0.0100%1h0.2311+0.182%$2.9M$625K5xas long as short
Aster BERAUSDT+0.0100%4h0.2307−0.006%$15K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2305−0.087%$5.5M$10.7M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2301−0.251%$3.1M$2.7M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2300−0.295%$1.5M$2.3M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2307+0.009%$372K$274K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2306−0.035%$1.2M$379K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2306−0.035%$553K$202K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2306−0.035%$1.5M$842K50xas long as short
BingX BERA-USDT+0.0100%4h0.2305−0.078%$6.6Mas long as short
Backpack BERA_USDC_PERPlong+0.0100%1h0.2307long leg$29K$155K5x
Variational Omni BERAshort+0.0100%4h0.2303−0.182%$85K$52K
GRVT BERA_USDT_Perp+0.0100%4h0.2310+0.141%$115K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2310+0.139%$48K$432K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2308+0.052%$9K$93710xas long as short
SoDEX BERA-USD+0.0100%1h0.2307+0.026%$373$6K5xas long as short
01 Exchange BERAUSD+0.0168%1h0.2302−0.208%$3K$9685xas long as short
GMX BERA/USD [ETH-USDC]L +0.0171% / S −0.0062%1h0.2308+0.033%$4K100xas long as short
Deribit BERA_USDC-PERPETUAL+0.0183%1h0.2308+0.052%$3K$45K25xas long as short