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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0592%/8h= +64.9% APRnext payment +$0.74 per $10,000 · paid last 24h +0.132%
Price spread now: GMX against Deribit+0.019%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit BERA_USDC-PERPETUAL0.22690get 0.0000% / 1h35m 44s$4K$62K25x
ShortGMX BERA/USD [ETH-USDC]0.2269L +0.0206% / S −0.0592%get 0.0074% / 1h35m 44s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$124.42
Price spread: +0.019% → 0.000%
$1.94
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$107.36
Costs to cover
0.190%
Break-even
1.0 days
Slippage unknown: Deribit: no order-book sample; GMX: 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 Deribit no order-book sample
Sell GMX no order-book sample
Deribit and GMX: 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%1h0.2132−6.038%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0565%1h0.2268−0.058%$51K$27K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2259−0.441%$10K$45K50xas long as short
01 Exchange BERAUSD−0.0056%1h0.2270+0.044%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUALlong0.0000%1h0.2269long leg$4K$62K25x
Variational Omni BERA+0.0058%4h0.2264−0.220%$83K$49Kas long as short
Lighter BERA+0.0096%1h0.2270+0.062%$63K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2292+1.014%$14K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2271+0.097%$5.5M$13.7M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2267−0.088%$3.1M$4.2M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAP+0.0100%4h0.2267−0.088%$1.5M$3.3M20xas long as short
Gate BERA_USDT+0.0100%4h0.2266−0.132%$338K$388K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2270+0.044%$1.2M$435K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2264−0.220%$549K$220K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2270+0.044%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2268−0.044%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2272+0.133%$105K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270+0.044%$32K$455K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.22690.000%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2269+0.013%$372$6K5xas long as short
BloFin BERA-USDT+0.0119%4h0.2272+0.132%$294K$88K75xas long as short
GMX BERA/USD [ETH-USDC]shortL +0.0206% / S −0.0592%1h0.2269+0.019%$2K100x
Backpack BERA_USDC_PERP+0.0548%1h0.2272+0.115%$39K$149K5xas long as short
Hyperliquid BERA+0.0896%1h0.2276+0.291%$2.9M$984K5xas long as short