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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX0.000%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1111.109% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now 0.000%, 7d avg +0.041%
Together, before fees−0.028%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.041% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BERA-USDT0.22960.0100pay 0.0050% / 4h31m 38s$6.6M
ShortGate BERA_USDT0.22960.0100get 0.0050% / 4h31m 38s$353K$356K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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: 0.000% → +0.041%
−$4.09
Slippage, 4 orders
−$85.87
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$114.96
Costs to cover
1.109%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago4.38 bp16.1 bp −$1639.0 bp −$390536.4 bp −$53.6Kdoesn't fit
Sell Gate live order book, 24 min ago4.34 bp36.3 bp −$36doesn'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%1h0.2150−6.359%$2K$3K12xas long as short
Kraken Futures PF_BERAUSD−0.0489%1h0.2296−0.007%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2280−0.697%$15K$53K50xas long as short
Lighter BERA+0.0096%1h0.2301+0.209%$62K$81K5xas long as short
Aster BERAUSDT+0.0100%4h0.2297+0.037%$15K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2301+0.218%$5.4M$14.2M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2299+0.131%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2298+0.087%$1.4M$3.2M20xas long as short
Gate BERA_USDTshort+0.0100%4h0.22960.000%$353K$356K50x
MEXC BERA_USDT+0.0100%4h0.2301+0.218%$1.2M$399K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2295−0.044%$553K$230K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2300+0.174%$1.5M$1.1M50xas long as short
BingX BERA-USDTlong+0.0100%4h0.2296long leg$6.6M
Variational Omni BERA+0.0100%4h0.2282−0.605%$83K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290−0.261%$34K$443K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2297+0.044%$9K$98710xas long as short
SoDEX BERA-USD+0.0100%1h0.2297+0.057%$375$6K5xas long as short
BloFin BERA-USDT+0.0151%4h0.2291−0.218%$281K$76K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2296+0.020%$2K100xas long as short
01 Exchange BERAUSD+0.0264%1h0.2303+0.305%$3K$3K5xas long as short
GRVT BERA_USDT_Perp+0.0370%4h0.2292−0.175%$113K$3.2M10xas long as short
Hyperliquid BERA+0.0454%1h0.2304+0.361%$2.9M$925K5xas long as short
Backpack BERA_USDC_PERP+0.0470%1h0.2299+0.126%$28K$161K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0621%1h0.2299+0.131%$1K$57K25xas long as short