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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0720%/8h= +78.8% APRnext payment +$0.90 per $10,000 · paid last 24h +0.056%
Price spread now: 01 Exchange against Coinbase International+0.985%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 3 days (all we have)no history yet
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 +$22 a day on $10k at the current rate, and 01 Exchange is 0.985% dearer against Coinbase International than usual: you sell high and buy low: +$98 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BERA-PERP-INTX0.2234−0.0280get 0.0035% / 1h6m 18s$15K$51K50x
Short01 Exchange BERAUSD0.22560.0440get 0.0055% / 1h6m 18s$3K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$151.2
Price spread: +0.985% → 0.000%
$98.48
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$232.68
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
Coinbase International and 01 Exchange: 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 23 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%1h0.2122−5.013%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.1063%1h0.2256+0.989%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTXlong−0.0280%1h0.2234long leg$15K$51K50x
Lighter BERA+0.0096%1h0.2255+0.949%$61K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2254+0.905%$15K$26K5xas long as short
Binance BERAUSDT+0.0100%4h0.2256+0.995%$5.3M$14.0M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2253+0.850%$3.0M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2253+0.850%$1.4M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2253+0.850%$336K$389K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2256+0.985%$1.2M$449K20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2253+0.850%$537K$232K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2254+0.895%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2254+0.895%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2247+0.564%$83K$48Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2250+0.716%$32K$458K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2255+0.940%$9K$88310xas long as short
SoDEX BERA-USD+0.0100%1h0.2255+0.931%$367$6K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2253+0.864%$2K100xas long as short
Hyperliquid BERA+0.0341%1h0.2259+1.106%$2.9M$913K5xas long as short
GRVT BERA_USDT_Perp+0.0412%4h0.2249+0.670%$106K$3.2M10xas long as short
01 Exchange BERAUSDshort+0.0440%1h0.2256+0.985%$3K$3K5x
Deribit BERA_USDC-PERPETUAL+0.0637%1h0.2256+0.985%$4K$54K25xas long as short
Backpack BERA_USDC_PERP+0.1088%1h0.2257+1.025%$41K$166K5xas long as short