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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0428%/8h= +46.9% APRpaid last 24h +0.115%
Price spread now: Bitget against Coinbase International+1.096%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+0.235%+$24 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 +$13 a day on $10k at the current rate, and Bitget is 1.096% dearer against Coinbase International than usual: you sell high and buy low: +$110 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 0.235% in total (about 12.3% 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-INTX0.2281−0.0328get 0.0041% / 1h54m 47s$15K$53K50x
ShortBitget BERAUSDT0.23060.0100get 0.0050% / 4h54m 47s$1.5M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$89.88
Price spread: +1.096% → 0.000%
$109.6
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$177.48
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago6.51 bp24.4 bp −$24115.9 bp −$1,159doesn't fitdoesn't fit
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%1h0.2168−4.954%$2K$3K12xas long as short
Kraken Futures PF_BERAUSD−0.0488%1h0.2303+0.962%$52K$25K20xas long as short
Coinbase International BERA-PERP-INTXlong−0.0328%1h0.2281long leg$15K$53K50x
Lighter BERA+0.0096%1h0.2304+1.030%$62K$81K5xas long as short
Orderly PERP_BERA_USDC+0.0099%4h0.2306+1.096%$9K$98710xas long as short
Aster BERAUSDT+0.0100%4h0.2304+1.011%$15K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2304+1.022%$5.4M$14.2M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2306+1.096%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2301+0.877%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2305+1.052%$347K$350K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2306+1.096%$1.2M$397K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2305+1.052%$555K$230K50xas long as short
Bitget BERAUSDTshort+0.0100%4h0.2306+1.096%$1.5M$1.0M50x
BingX BERA-USDT+0.0100%4h0.2305+1.052%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2301+0.860%$84K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290+0.395%$32K$460K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2306+1.074%$374$6K5xas long as short
BloFin BERA-USDT+0.0159%4h0.2307+1.140%$284K$74K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0184%1h0.2307+1.140%$2K$55K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2306+1.082%$2K100xas long as short
01 Exchange BERAUSD+0.0240%1h0.2308+1.184%$3K$3K5xas long as short
Hyperliquid BERA+0.0323%1h0.2310+1.258%$2.9M$922K5xas long as short
GRVT BERA_USDT_Perp+0.0340%4h0.2291+0.432%$107K$3.2M10xas long as short
Backpack BERA_USDC_PERP+0.0812%1h0.2308+1.175%$29K$160K5xas long as short