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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.074%
Price spread now: 01 Exchange against GMX+0.031%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 +$1 a day on $10k at the current rate, and 01 Exchange is 0.031% dearer against GMX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BERA/USD [ETH-USDC]0.2293L +0.0206% / S −0.0592%pay 0.0026% / 1h53m 54s$2K100x
Short01 Exchange BERAUSD0.22940.0240get 0.0030% / 1h53m 54s$4K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against GMX. 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
$7.2
Price spread: +0.031% → 0.000%
$3.14
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$8.66
Costs to cover
0.190%
Break-even
15.4 days
Slippage unknown: GMX: 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 GMX no order-book sample
Sell 01 Exchange no order-book sample
GMX 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 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%1h0.2158−5.899%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0418%1h0.2292−0.051%$51K$24K20xas long as short
Coinbase International BERA-PERP-INTX−0.0296%1h0.2259−1.495%$9K$45K50xas long as short
Lighter BERA+0.0096%1h0.2293+0.010%$62K$90K5xas long as short
Aster BERAUSDT+0.0100%4h0.2295+0.063%$14K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2295+0.063%$5.6M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2290−0.143%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2291−0.099%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2293−0.012%$339K$388K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2294+0.031%$1.2M$423K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2292−0.056%$556K$224K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2294+0.031%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2292−0.056%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2288−0.244%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2295+0.066%$116K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290−0.143%$37K$462K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2294+0.031%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2293−0.012%$373$6K5xas long as short
BloFin BERA-USDT+0.0103%4h0.2294+0.031%$290K$88K75xas long as short
GMX BERA/USD [ETH-USDC]longL +0.0206% / S −0.0592%1h0.2293long leg$2K100x
01 Exchange BERAUSDshort+0.0240%1h0.2294+0.031%$4K$2K5x
Hyperliquid BERA+0.0398%1h0.2299+0.267%$2.9M$938K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0622%1h0.2295+0.075%$4K$62K25xas long as short
Backpack BERA_USDC_PERP+0.1261%1h0.2295+0.075%$37K$149K5xas long as short