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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0088%/8h= +9.7% APRpaid last 24h −0.069%
Price spread now: Deribit against BloFin+0.044%57s7-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−0.564%−$56 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 +$3 a day on $10k at the current rate, and Deribit is 0.044% dearer against BloFin than usual: you sell high and buy low: +$4 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 −0.564%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BERA-USDT0.22750.0101pay 0.0051% / 4h3h 40m$291K$89K75x
ShortDeribit BERA_USDC-PERPETUAL0.22760.0190get 0.0024% / 1h40m 25s$4K$58K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$18.53
Price spread: +0.044% → 0.000%
$4.4
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$3.93
Costs to cover
0.190%
Break-even
5.5 days
Slippage unknown: BloFin: live order book, 26 min ago; Deribit: 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, 26 min ago2.19 bp20.5 bp −$2039.7 bp −$397doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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%1h0.2136−6.110%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0530%1h0.2273−0.078%$51K$25K20xas long as short
Bybit BERAUSDT−0.0383%4h0.2270−0.220%$3.1M$4.1M25xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2265−0.440%$9K$44K50xas long as short
Variational Omni BERA−0.0175%4h0.2270−0.235%$84K$49Kas long as short
OKX BERA-USDT-SWAP+0.0089%4h0.2271−0.176%$1.5M$3.2M20xas long as short
Lighter BERA+0.0096%1h0.2269−0.259%$62K$90K5xas long as short
Hyperliquid BERA+0.0100%1h0.2276+0.057%$2.9M$935K5xas long as short
Aster BERAUSDT+0.0100%4h0.2275−0.017%$13K$24K5xas long as short
Binance BERAUSDT+0.0100%4h0.2274−0.044%$5.6M$13.6M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2271−0.176%$337K$375K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2273−0.088%$1.3M$436K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2270−0.220%$540K$229K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2274−0.044%$1.5M$1.0M50xas long as short
BingX BERA-USDT+0.0100%4h0.2272−0.132%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2276+0.039%$106K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270−0.220%$32K$459K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.22750.000%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2275−0.022%$369$6K5xas long as short
BloFin BERA-USDTlong+0.0101%4h0.2275long leg$291K$89K75x
01 Exchange BERAUSD+0.0136%1h0.2274−0.044%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUALshort+0.0190%1h0.2276+0.044%$4K$58K25x
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2274−0.048%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0261%1h0.2271−0.171%$37K$149K5xas long as short