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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.034%
Price spread now: Bitget against BloFin+0.044%75s7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$810.811% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 3 days (all we have)−0.095%−$9 · spread now +0.044%, 7d avg −0.061%
Together, before fees−0.136%−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.105% dearer against BloFin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.061%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BERA-USDT0.22770.0072pay 0.0036% / 4h1h 40m$289K$88K75x
ShortBitget BERAUSDT0.22780.0100get 0.0050% / 4h1h 40m$1.5M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$5.87
Price spread: +0.044% → −0.061%
$10.54
Slippage, 4 orders
−$57.05
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$64.64
Costs to cover
0.811%
Break-even
84.0 days
Slippage from BloFin: live order book, 37 min ago; Bitget: live order book, 2 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 BloFin live order book, 37 min ago4.40 bp17.8 bp −$1838.1 bp −$381doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago4.39 bp20.6 bp −$2187.3 bp −$873doesn'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%1h0.2142−5.929%$2K$4K12xas long as short
Coinbase International BERA-PERP-INTX−0.0320%1h0.2259−0.791%$10K$45K50xas long as short
Kraken Futures PF_BERAUSD0.0000%1h0.2278+0.030%$51K$26K20xas long as short
BloFin BERA-USDTlong+0.0072%4h0.2277long leg$289K$88K75x
Lighter BERA+0.0096%1h0.2278+0.066%$63K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2279+0.072%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2279+0.088%$5.5M$13.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2275−0.088%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2275−0.088%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2278+0.044%$336K$391K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2278+0.044%$1.2M$432K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2276−0.044%$552K$218K50xas long as short
Bitget BERAUSDTshort+0.0100%4h0.2278+0.044%$1.5M$1.1M50x
BingX BERA-USDT+0.0100%4h0.2278+0.044%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2276−0.055%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2274−0.140%$105K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270−0.307%$32K$453K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2279+0.088%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2278+0.066%$373$6K5xas long as short
01 Exchange BERAUSD+0.0184%1h0.2279+0.088%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0189%1h0.2280+0.132%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2279+0.087%$2K100xas long as short
Hyperliquid BERA+0.0717%1h0.2284+0.303%$2.9M$962K5xas long as short
Backpack BERA_USDC_PERP+0.0978%1h0.2281+0.162%$37K$150K5xas long as short