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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0404%/8h= +44.2% APRpaid last 24h +0.102%
Price spread now: BingX against Coinbase International+0.088%7-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+0.215%+$21 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 +$12 a day on $10k at the current rate, and BingX is 0.088% dearer against Coinbase International than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.215% in total (about 11.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BERA-PERP-INTX0.2271−0.0304get 0.0038% / 1h57m 06s$10K$47K50x
ShortBingX BERA-USDT0.22730.0100get 0.0050% / 4h2h 57m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Coinbase International. 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
$84.84
Price spread: +0.088% → 0.000%
$8.81
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$73.65
Costs to cover
0.200%
Break-even
0.9 days
Slippage unknown: Coinbase International: no order-book sample; BingX: live order book, 10 min ago. 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 Coinbase International no order-book sample
Sell BingX live order book, 10 min ago6.59 bp21.8 bp −$2253.6 bp −$536531.0 bp −$53.1K953.7 bp −$476.9K
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%1h0.2140−5.768%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0564%1h0.2272+0.023%$51K$27K20xas long as short
Coinbase International BERA-PERP-INTXlong−0.0304%1h0.2271long leg$10K$47K50x
01 Exchange BERAUSD−0.0080%1h0.2274+0.132%$4K$2K5xas long as short
Variational Omni BERA+0.0067%4h0.2277+0.266%$84K$53Kas long as short
Lighter BERA+0.0096%1h0.2274+0.123%$63K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2275+0.181%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2275+0.156%$5.5M$13.8M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2272+0.044%$3.1M$4.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2273+0.088%$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+0.220%$341K$387K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2274+0.132%$1.2M$433K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.22710.000%$550K$221K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2276+0.220%$1.5M$1.1M50xas long as short
BingX BERA-USDTshort+0.0100%4h0.2273+0.088%$6.6M
GRVT BERA_USDT_Perp+0.0100%4h0.2281+0.462%$107K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280+0.396%$32K$458K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2273+0.088%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2274+0.123%$373$6K5xas long as short
BloFin BERA-USDT+0.0130%4h0.2272+0.044%$220K$95K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0190%1h0.2275+0.176%$4K$64K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2275+0.166%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0454%1h0.2276+0.198%$37K$159K5xas long as short
Hyperliquid BERA+0.0871%1h0.2279+0.339%$2.9M$1.0M5xas long as short