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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.095%
Price spread now: OKX against Coinbase International−1.303%7-day average · you buy dearer than you sell
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+0.150%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 1.303% cheaper against Coinbase International than usual: you would sell low and buy high (−$130 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.150%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BERA-PERP-INTX0.23020.0160pay 0.0020% / 1h38m 25s$20K$61K50x
ShortOKX BERA-USDT-SWAP0.22720.0100get 0.0050% / 4h2h 38m$1.4M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$12.6
Price spread: −1.303% → 0.000%
−$130.32
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$162.92
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago2.20 bp19.9 bp −$20256.7 bp −$2,567doesn'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%1h0.2133−7.341%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0770%1h0.2268−1.475%$51K$25K20xas long as short
Lighter BERA+0.0096%1h0.2273−1.273%$65K$73K5xas long as short
Orderly PERP_BERA_USDC+0.0099%4h0.2270−1.390%$9K$78710xas long as short
Aster BERAUSDT+0.0100%4h0.2272−1.291%$17K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.2273−1.271%$5.4M$9.8M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2269−1.434%$3.0M$2.4M25xas long as short
OKX BERA-USDT-SWAPshort+0.0100%4h0.2272−1.303%$1.4M$2.0M20x
Gate BERA_USDT+0.0100%4h0.2270−1.390%$355K$259K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2273−1.260%$1.2M$345K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2269−1.434%$549K$130K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2273−1.260%$1.5M$770K50xas long as short
BingX BERA-USDT+0.0100%4h0.2272−1.303%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2271−1.355%$26K$151K5xas long as short
Variational Omni BERA+0.0100%4h0.2272−1.298%$84K$52Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2281−0.912%$105K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280−0.956%$39K$452K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2270−1.390%$365$6K5xas long as short
BloFin BERA-USDT+0.0125%4h0.2272−1.303%$280K$70K75xas long as short
01 Exchange BERAUSD+0.0144%1h0.2272−1.303%$3K$8645xas long as short
Coinbase International BERA-PERP-INTXlong+0.0160%1h0.2302long leg$20K$61K50x
Deribit BERA_USDC-PERPETUAL+0.0191%1h0.2271−1.347%$9K$51K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0201% / S −0.0576%1h0.2273−1.276%$2K100xas long as short
Hyperliquid BERA+0.0370%1h0.2277−1.103%$2.9M$596K5xas long as short