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

BERA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.027%
Price spread now: MEXC against BloFin+0.130%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$650.654% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.130%, 7d avg −0.029%
Together, before fees−0.190%−$19 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 MEXC is 0.159% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BERA-USDT0.23080.0063pay 0.0031% / 4h3h 31m$284K$77K75x
ShortMEXC BERA_USDT0.23110.0100get 0.0050% / 4h3h 31m$1.2M$379K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$7.83
Price spread: +0.130% → −0.029%
$15.86
Slippage, 4 orders
−$45.37
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$41.67
Costs to cover
0.654%
Break-even
44.3 days
Slippage from BloFin: live order book, 63 min ago; MEXC: live order book, 5 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, 63 min ago4.37 bp13.5 bp −$1436.9 bp −$369doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago2.17 bp15.5 bp −$1634.1 bp −$341215.3 bp −$21.5Kdoesn'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%1h0.2171−5.936%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1520%1h0.2310+0.079%$52K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2317+0.390%$22K$59K50xas long as short
BloFin BERA-USDTlong+0.0063%4h0.2308long leg$284K$77K75x
Lighter BERA+0.0096%1h0.2311+0.139%$65K$84K5xas long as short
Hyperliquid BERA+0.0100%1h0.2316+0.364%$2.9M$626K5xas long as short
Aster BERAUSDT+0.0100%4h0.2309+0.064%$15K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2311+0.118%$5.5M$10.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.23080.000%$3.1M$2.7M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.23080.000%$1.5M$2.3M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2309+0.043%$373K$274K50xas long as short
MEXC BERA_USDTshort+0.0100%4h0.2311+0.130%$1.2M$379K20x
KuCoin BERAUSDTM+0.0100%4h0.2307−0.043%$553K$201K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2310+0.087%$1.5M$810K50xas long as short
BingX BERA-USDT+0.0100%4h0.2307−0.043%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2312+0.173%$29K$153K5xas long as short
Variational Omni BERA+0.0100%4h0.2308+0.004%$85K$52Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2307−0.060%$115K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2310+0.087%$48K$430K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2311+0.130%$9K$93710xas long as short
SoDEX BERA-USD+0.0100%1h0.2311+0.152%$374$6K5xas long as short
01 Exchange BERAUSD+0.0168%1h0.23080.000%$3K$8725xas long as short
GMX BERA/USD [ETH-USDC]L +0.0169% / S −0.0061%1h0.2311+0.133%$4K100xas long as short
Deribit BERA_USDC-PERPETUAL+0.0183%1h0.2312+0.173%$3K$45K25xas long as short