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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against Bybit+0.112%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$840.840% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 7 days−0.085%−$8 · spread now +0.112%, 7d avg +0.051%
Together, before fees−0.033%−$3 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: Binance is 0.061% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BERAUSDT0.22720.0100pay 0.0050% / 4h2h 57m$3.1M$4.2M25x
ShortBinance BERAUSDT0.22750.0100get 0.0050% / 4h2h 57m$5.5M$13.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$0
Price spread: +0.112% → +0.051%
$6.09
Slippage, 4 orders
−$62.98
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$77.9
Costs to cover
0.840%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 13 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 Bybit live order book, 1 min ago4.41 bp24.1 bp −$2493.6 bp −$936doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago2.20 bp19.9 bp −$2062.7 bp −$627doesn'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%1h0.2140−5.810%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0564%1h0.2272−0.021%$51K$27K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2271−0.044%$10K$47K50xas long as short
01 Exchange BERAUSD−0.0080%1h0.2274+0.088%$4K$2K5xas long as short
Variational Omni BERA+0.0067%4h0.2277+0.222%$84K$53Kas long as short
Lighter BERA+0.0096%1h0.2274+0.079%$63K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2275+0.137%$13K$28K5xas long as short
Binance BERAUSDTshort+0.0100%4h0.2275+0.112%$5.5M$13.8M50x
Bybit BERAUSDTlong+0.0100%4h0.2272long leg$3.1M$4.2M25x
OKX BERA-USDT-SWAP+0.0100%4h0.2273+0.044%$1.5M$3.3M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2276+0.176%$341K$387K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2274+0.088%$1.2M$433K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2271−0.044%$550K$221K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2276+0.176%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2273+0.044%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2281+0.417%$107K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280+0.352%$32K$458K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2273+0.044%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2274+0.079%$373$6K5xas long as short
BloFin BERA-USDT+0.0130%4h0.22720.000%$220K$95K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0190%1h0.2275+0.132%$4K$64K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2275+0.122%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0454%1h0.2276+0.154%$37K$159K5xas long as short
Hyperliquid BERA+0.0871%1h0.2279+0.295%$2.9M$1.0M5xas long as short