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

BERA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate0.000%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2582.579% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.009%
Together, before fees−0.112%−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BERA_USDT0.22840.0100pay 0.0050% / 4h3h 15m$339K$376K50x
ShortKuCoin BERAUSDTM0.22840.0100get 0.0050% / 4h3h 15m$543K$227K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: 0.000% → −0.009%
$0.87
Slippage, 4 orders
−$230.88
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$257.01
Costs to cover
2.579%
Break-even
never at this rate
Slippage from Gate: live order book, 55 min ago; KuCoin: live order book, 37 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, 55 min ago4.38 bp44.4 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 37 min ago6.61 bp81.9 bp −$82167.9 bp −$1,679doesn'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%1h0.2145−6.086%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0527%1h0.2286+0.081%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2276−0.350%$9K$45K50xas long as short
Variational Omni BERA−0.0158%4h0.2281−0.125%$84K$49Kas long as short
Lighter BERA+0.0096%1h0.2288+0.188%$62K$90K5xas long as short
Aster BERAUSDT+0.0100%4h0.2285+0.040%$13K$24K5xas long as short
Binance BERAUSDT+0.0100%4h0.2288+0.186%$5.6M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2286+0.088%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2287+0.131%$1.5M$3.2M20xas long as short
Gate BERA_USDTlong+0.0100%4h0.2284long leg$339K$376K50x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2287+0.131%$1.2M$447K20xas long as short
KuCoin BERAUSDTMshort+0.0100%4h0.22840.000%$543K$227K50x
Bitget BERAUSDT+0.0100%4h0.2286+0.088%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2285+0.044%$6.6Mas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280−0.175%$32K$456K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2287+0.131%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2288+0.162%$372$6K5xas long as short
GRVT BERA_USDT_Perp+0.0140%4h0.2285+0.044%$107K$2.9M10xas long as short
BloFin BERA-USDT+0.0148%4h0.2280−0.175%$290K$90K75xas long as short
01 Exchange BERAUSD+0.0184%1h0.2289+0.219%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0187%1h0.2288+0.175%$4K$56K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2286+0.108%$2K100xas long as short
Hyperliquid BERA+0.0206%1h0.2291+0.306%$2.9M$909K5xas long as short
Backpack BERA_USDC_PERP+0.0623%1h0.2289+0.236%$37K$150K5xas long as short