Funding arb · Price arb /

BERA

all BERA markets

Swap Backtest

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: KuCoin against Bitget+0.044%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$203as in the Funding arb table

Net, price: spread back to 7d avg − costs−$189as in the Price arb table

costs, in and out, $10k−$1911.913% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 on $10k

Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.044%, 7d avg +0.020%

Together, before fees−0.100%−$10 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: KuCoin is 0.024% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BERAUSDT	0.2252	0.0100	pay 0.0050% / 4h	2h 05m	$1.4M	$1.1M	50x
Short	KuCoin BERAUSDTM	0.2253	0.0100	get 0.0050% / 4h	2h 05m	$537K	$232K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → +0.020%: $2.43
Slippage, 4 orders: −$167.33
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$188.9
Costs to cover: 1.913%
Break-even: never at this rate

Slippage from Bitget: live order book, 6 min ago; KuCoin: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 6 min ago	2.22 bp	15.5 bp −$16	85.9 bp −$859	doesn't fit	doesn't fit
Sell KuCoin live order book, 32 min ago	11.13 bp	64.7 bp −$65	185.6 bp −$1,856	doesn't fit	doesn't fit

BERA on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BERA/USDC PERP	−0.5000%	1h	0.2122	−5.773%	$2K	$5K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.1063%	1h	0.2256	+0.182%	$51K	$25K	20x	as long as short
Coinbase International BERA-PERP-INTX	−0.0280%	1h	0.2234	−0.799%	$15K	$51K	50x	as long as short
Lighter BERA	+0.0096%	1h	0.2255	+0.142%	$61K	$89K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2254	+0.072%	$16K	$26K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2254	+0.089%	$5.3M	$14.0M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2252	0.000%	$3.0M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2252	0.000%	$1.4M	$3.2M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	0.2252	0.000%	$336K	$389K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2254	+0.089%	$1.2M	$449K	20x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BERAUSDTMshort	+0.0100%	4h	0.2253	+0.044%	$537K	$232K	50x
Bitget BERAUSDTlong	+0.0100%	4h	0.2252	long leg	$1.4M	$1.1M	50x
BingX BERA-USDT	+0.0100%	4h	0.2253	+0.044%	—	$6.6M	—	as long as short
Variational Omni BERA	+0.0100%	4h	0.2251	−0.040%	$83K	$48K	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2250	−0.089%	$32K	$458K	50x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2255	+0.133%	$9K	$883	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2255	+0.124%	$367	$6K	5x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2253	+0.058%	$2K	—	100x	as long as short
Hyperliquid BERA	+0.0341%	1h	0.2256	+0.178%	$2.9M	$913K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0412%	4h	0.2249	−0.135%	$106K	$3.2M	10x	as long as short
01 Exchange BERAUSD	+0.0440%	1h	0.2256	+0.178%	$3K	$3K	5x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0637%	1h	0.2256	+0.178%	$4K	$54K	25x	as long as short
Backpack BERA_USDC_PERP	+0.1098%	1h	0.2256	+0.200%	$41K	$165K	5x	as long as short