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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h −0.016%
Price spread now: Deribit against Binance−0.130%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 7 days−0.507%−$51 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Deribit is 0.130% cheaper against Binance than usual: you would sell low and buy high (spread −0.130% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 5.2 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.507%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BERAUSDT0.23100.0100pay 0.0050% / 4h4m 00s$5.4M$13.7M50x
ShortDeribit BERA_USDC-PERPETUAL0.23070.0184get 0.0023% / 1h4m 00s$3K$56K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Binance. 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
$17.57
Price spread: −0.130% → 0.000%
−$12.99
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$12.42
Costs to cover
0.170%
Break-even
11.9 days
Slippage unknown: Binance: live order book, 6 min ago; Deribit: 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 Binance live order book, 6 min ago2.16 bp16.0 bp −$1653.2 bp −$532doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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%1h0.2170−6.061%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0487%1h0.2308−0.106%$52K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2300−0.433%$15K$51K50xas long as short
Lighter BERA+0.0096%1h0.2308−0.087%$62K$81K5xas long as short
Aster BERAUSDT+0.0100%4h0.2308−0.068%$15K$27K5xas long as short
Binance BERAUSDTlong+0.0100%4h0.2310long leg$5.4M$13.7M50x
Bybit BERAUSDT+0.0100%4h0.2306−0.173%$3.1M$3.8M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2306−0.173%$1.5M$3.0M20xas long as short
Gate BERA_USDT+0.0100%4h0.2308−0.087%$375K$370K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2309−0.043%$1.2M$401K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2308−0.087%$553K$223K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2308−0.087%$1.5M$982K50xas long as short
BingX BERA-USDT+0.0100%4h0.2307−0.130%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2304−0.277%$84K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.23100.000%$51K$442K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2306−0.173%$9K$93710xas long as short
SoDEX BERA-USD+0.0100%1h0.2308−0.108%$373$6K5xas long as short
BloFin BERA-USDT+0.0130%4h0.2306−0.173%$282K$76K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0181% / S −0.0069%1h0.2306−0.164%$4K100xas long as short
Deribit BERA_USDC-PERPETUALshort+0.0184%1h0.2307−0.130%$3K$56K25x
Hyperliquid BERA+0.0251%1h0.2313+0.117%$2.9M$697K5xas long as short
01 Exchange BERAUSD+0.0264%1h0.2305−0.216%$3K$3K5xas long as short
GRVT BERA_USDT_Perp+0.0310%4h0.2312+0.087%$116K$3.2M10xas long as short
Backpack BERA_USDC_PERP+0.0349%1h0.2309−0.039%$28K$161K5xas long as short