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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against BingX+0.398%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$860.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 7 days−0.172%−$17 · spread now +0.398%, 7d avg +0.039%
Together, before fees−0.192%+ Points / potential airdropGRVT: Active · farm board−$19 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: GRVT is 0.358% dearer against BingX than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BERA-USDT0.22700.0100pay 0.0050% / 4h2h 15m$6.6M
ShortGRVT BERA_USDT_Perp0.22790.0100get 0.0050% / 4h2h 15m$106K$2.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.398% → +0.039%
$35.81
Slippage, 4 orders
−$67.12
Fee BingX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$50.31
Costs to cover
0.861%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; GRVT: live order book, 3 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, 7 min ago4.39 bp18.2 bp −$1843.7 bp −$437558.5 bp −$55.8K808.8 bp −$404.4K
Sell GRVT live order book, 3 min ago4.38 bp34.8 bp −$3580.1 bp −$801doesn'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%1h0.2139−5.771%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0565%1h0.2270+0.015%$51K$26K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2259−0.485%$10K$45K50xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2272+0.088%$4K$62K25xas long as short
01 Exchange BERAUSD+0.0048%1h0.2271+0.044%$4K$2K5xas long as short
Lighter BERA+0.0096%1h0.2271+0.057%$63K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2273+0.136%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2272+0.103%$5.5M$13.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2269−0.044%$3.1M$4.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2268−0.088%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2272+0.088%$336K$390K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2271+0.044%$1.2M$436K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2271+0.044%$550K$220K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2273+0.132%$1.5M$1.1M50xas long as short
BingX BERA-USDTlong+0.0100%4h0.2270long leg$6.6M
Variational Omni BERA+0.0100%4h0.2271+0.040%$84K$49Kas long as short
GRVT BERA_USDT_Perpshort+0.0100%4h0.2279+0.398%$106K$2.8M10x
ApeX Omni BERAUSDT+0.0100%1h0.2280+0.441%$34K$455K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2271+0.044%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2272+0.088%$372$6K5xas long as short
BloFin BERA-USDT+0.0102%4h0.2272+0.088%$290K$88K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2271+0.052%$2K100xas long as short
Hyperliquid BERA+0.0848%1h0.2275+0.233%$2.9M$966K5xas long as short
Backpack BERA_USDC_PERP+0.0926%1h0.2275+0.198%$38K$149K5xas long as short