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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Gate+0.220%51s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1671.668% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.220%, 7d avg +0.005%
Together, before fees−0.238%+ Points / potential airdropGRVT: Active · farm board−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.216% dearer against Gate than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BERA_USDT0.22680.0100pay 0.0050% / 4h2h 40m$339K$388K50x
ShortGRVT BERA_USDT_Perp0.22730.0100get 0.0050% / 4h2h 40m$117K$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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
$0
Price spread: +0.220% → +0.005%
$21.56
Slippage, 4 orders
−$142.8
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$145.24
Costs to cover
1.668%
Break-even
never at this rate
Slippage from Gate: live order book, 44 min ago; GRVT: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 44 min ago6.59 bp36.4 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 3 min ago4.40 bp19.0 bp −$1960.3 bp −$603doesn't fitdoesn't fit

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%1h0.2136−5.820%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0566%1h0.2267−0.039%$51K$27K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2266−0.088%$10K$45K50xas long as short
01 Exchange BERAUSD−0.0064%1h0.2267−0.044%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.22680.000%$4K$63K25xas long as short
Variational Omni BERA+0.0058%4h0.2264−0.176%$83K$49Kas long as short
Lighter BERA+0.0096%1h0.2267−0.057%$62K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2268+0.012%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.22680.000%$5.5M$13.7M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2264−0.176%$3.1M$4.2M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAP+0.0100%4h0.2264−0.176%$1.5M$3.3M20xas long as short
Gate BERA_USDTlong+0.0100%4h0.2268long leg$339K$388K50x
MEXC BERA_USDT+0.0100%4h0.2267−0.044%$1.2M$434K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.22680.000%$550K$221K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2269+0.044%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2267−0.044%$6.6Mas long as short
GRVT BERA_USDT_Perpshort+0.0100%4h0.2273+0.220%$117K$2.9M10x
ApeX Omni BERAUSDT+0.0100%1h0.2270+0.088%$32K$456K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2267−0.044%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.22680.000%$374$6K5xas long as short
BloFin BERA-USDT+0.0100%4h0.2271+0.132%$295K$88K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2268−0.007%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0508%1h0.2269+0.031%$37K$153K5xas long as short
Hyperliquid BERA+0.0936%1h0.2271+0.115%$2.9M$987K5xas long as short