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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0537%/8h= −58.8% APRpaid last 24h +0.032%
Price spread now: Bitget against Deribit−0.133%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+0.520%+$52 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 −$16 a day on $10k at the current rate, and Bitget is 0.133% cheaper against Deribit than usual: you would sell low and buy high (−$13 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 +0.520%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit BERA_USDC-PERPETUAL0.22570.0637pay 0.0080% / 1h33m 03s$4K$56K25x
ShortBitget BERAUSDT0.22540.0100get 0.0050% / 4h2h 33m$1.4M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Deribit. 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
−$112.75
Price spread: −0.133% → 0.000%
−$13.29
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$145.05
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 3 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 Deribit no order-book sample
Sell Bitget live order book, 3 min ago6.65 bp20.7 bp −$21122.5 bp −$1,225doesn't fitdoesn't fit
Deribit: 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%1h0.2127−5.760%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.1063%1h0.2255−0.076%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0280%1h0.2234−1.019%$15K$51K50xas long as short
Variational Omni BERA−0.0041%4h0.2255−0.104%$83K$49Kas long as short
Lighter BERA+0.0096%1h0.2255−0.093%$61K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2254−0.144%$15K$26K5xas long as short
Binance BERAUSDT+0.0100%4h0.2255−0.089%$5.4M$14.0M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2253−0.177%$3.0M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2255−0.089%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2255−0.089%$333K$378K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2256−0.044%$1.2M$442K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2253−0.177%$536K$229K50xas long as short
Bitget BERAUSDTshort+0.0100%4h0.2254−0.133%$1.4M$1.1M50x
BingX BERA-USDT+0.0100%4h0.2256−0.044%$6.6Mas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2250−0.310%$32K$464K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2255−0.089%$9K$88310xas long as short
SoDEX BERA-USD+0.0100%1h0.2255−0.111%$363$6K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2255−0.105%$2K100xas long as short
GRVT BERA_USDT_Perp+0.0288%4h0.2259+0.089%$105K$3.1M10xas long as short
Hyperliquid BERA+0.0341%1h0.2257+0.013%$2.9M$924K5xas long as short
01 Exchange BERAUSD+0.0384%1h0.2258+0.044%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUALlong+0.0637%1h0.2257long leg$4K$56K25x
Backpack BERA_USDC_PERP+0.0990%1h0.2257+0.004%$42K$166K5xas long as short