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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0035%/8h= +3.9% APRpaid last 24h −0.143%
Price spread now: Coinbase International against BloFin+1.320%58s7-day average · 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−0.286%−$29 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 1.320% dearer against BloFin than usual: you sell high and buy low: +$132 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.286%, so the current rate has only just turned in your favour. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BERA-USDT0.22720.0125pay 0.0062% / 4h2h 38m$280K$70K75x
ShortCoinbase International BERA-PERP-INTX0.23020.0160get 0.0020% / 1h38m 15s$20K$61K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$7.39
Price spread: +1.320% → 0.000%
$132.04
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$117.43
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: BloFin: live order book, 51 min ago; Coinbase International: no order-book sample. 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 BloFin live order book, 51 min ago4.34 bp13.8 bp −$1439.2 bp −$392doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2133−6.118%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0769%1h0.2270−0.083%$51K$25K20xas long as short
Lighter BERA+0.0096%1h0.2273+0.057%$65K$73K5xas long as short
Orderly PERP_BERA_USDC+0.0098%4h0.2273+0.044%$9K$78710xas long as short
Aster BERAUSDT+0.0100%4h0.2272+0.014%$15K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.2273+0.039%$5.4M$9.8M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2271−0.044%$3.0M$2.4M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.22720.000%$1.4M$2.0M20xas long as short
Gate BERA_USDT+0.0100%4h0.2271−0.044%$355K$259K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2273+0.044%$1.2M$345K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2269−0.132%$549K$130K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2273+0.044%$1.5M$770K50xas long as short
BingX BERA-USDT+0.0100%4h0.22720.000%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2271−0.053%$26K$151K5xas long as short
Variational Omni BERA+0.0100%4h0.2272+0.006%$84K$52Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2281+0.396%$105K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280+0.352%$39K$452K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2272+0.018%$367$6K5xas long as short
BloFin BERA-USDTlong+0.0125%4h0.2272long leg$280K$70K75x
01 Exchange BERAUSD+0.0144%1h0.22720.000%$3K$8645xas long as short
Coinbase International BERA-PERP-INTXshort+0.0160%1h0.2302+1.320%$20K$61K50x
Deribit BERA_USDC-PERPETUAL+0.0190%1h0.2274+0.088%$9K$51K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0201% / S −0.0576%1h0.2273+0.027%$2K100xas long as short
Hyperliquid BERA+0.0370%1h0.2277+0.202%$2.9M$596K5xas long as short