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+0.0353%/8h= +38.6% APRpaid last 24h +0.039%
Price spread now: Hyperliquid against Binance+0.148%7-day average +0.006% · you sell dearer than you buy
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−0.152%−$15 on $10k
Price spread, last 7 days−0.180%−$18 · spread now +0.148%, 7d avg +0.006%
Together, before fees−0.332%+ Points / potential airdropHyperliquid: Season 2 · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Hyperliquid is 0.142% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.006%. Mind the row above: over the last 7 days funding on this pair cost −0.152%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.152% in total (about -7.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BERAUSDT0.22980.0100pay 0.0050% / 4h32m 05s$5.4M$14.2M50x
ShortHyperliquid BERA0.23010.0453get 0.0057% / 1h32m 05s$2.9M$925K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$74.04
Price spread: +0.148% → +0.006%
$14.21
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$69.25
Costs to cover
0.190%
Break-even
0.5 days
Slippage unknown: Binance: live order book, 8 min ago; Hyperliquid: live order book, 9 min ago. 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, 8 min ago2.18 bp18.4 bp −$1860.9 bp −$609doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago0.65 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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%1h0.2150−6.444%$2K$3K12xas long as short
Kraken Futures PF_BERAUSD−0.0489%1h0.2296−0.098%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2280−0.787%$15K$53K50xas long as short
Lighter BERA+0.0096%1h0.2298−0.008%$62K$81K5xas long as short
Aster BERAUSDT+0.0100%4h0.2293−0.222%$15K$27K5xas long as short
Binance BERAUSDTlong+0.0100%4h0.2298long leg$5.4M$14.2M50x
Bybit BERAUSDT+0.0100%4h0.2294−0.178%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2295−0.134%$1.4M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2290−0.352%$352K$356K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2297−0.047%$1.2M$399K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2292−0.265%$552K$230K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2293−0.222%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2293−0.222%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2282−0.696%$83K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290−0.352%$34K$443K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2297−0.047%$9K$98710xas long as short
SoDEX BERA-USD+0.0100%1h0.2297−0.034%$375$6K5xas long as short
BloFin BERA-USDT+0.0151%4h0.2291−0.309%$281K$76K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2296−0.071%$2K100xas long as short
01 Exchange BERAUSD+0.0264%1h0.2298−0.004%$3K$3K5xas long as short
GRVT BERA_USDT_Perp+0.0370%4h0.2292−0.265%$113K$3.2M10xas long as short
Hyperliquid BERAshort+0.0453%1h0.2301+0.148%$2.9M$925K5x
Backpack BERA_USDC_PERP+0.0470%1h0.2299+0.035%$28K$161K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0621%1h0.2299+0.040%$1K$57K25xas long as short