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: Bitget against GRVT−0.262%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$970.970% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 7 days+0.100%+$10 · spread now −0.262%, 7d avg −0.086%
Together, before fees+0.120%+ Points / potential airdropGRVT: Active · farm board+$12 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: Bitget is 0.176% cheaper against GRVT than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BERA_USDT_Perp0.22820.0100pay 0.0050% / 4h2h 17m$106K$2.8M10x
ShortBitget BERAUSDT0.22760.0100get 0.0050% / 4h2h 17m$1.5M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. 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: −0.262% → −0.086%
−$17.61
Slippage, 4 orders
−$75.95
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$114.56
Costs to cover
0.970%
Break-even
never at this rate
Slippage from GRVT: live order book, 2 min ago; Bitget: live order book, 5 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 GRVT live order book, 2 min ago4.38 bp14.3 bp −$14102.9 bp −$1,029doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago6.58 bp22.0 bp −$2287.5 bp −$875doesn'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%1h0.2144−6.046%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0563%1h0.2278−0.184%$51K$26K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2259−1.007%$10K$45K50xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2277−0.218%$4K$62K25xas long as short
01 Exchange BERAUSD+0.0040%1h0.2281−0.043%$4K$2K5xas long as short
BloFin BERA-USDT+0.0074%4h0.2279−0.131%$291K$88K75xas long as short
Lighter BERA+0.0096%1h0.2276−0.275%$63K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2276−0.248%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2276−0.274%$5.5M$13.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2272−0.437%$3.1M$4.2M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAP+0.0100%4h0.2273−0.393%$1.5M$3.3M20xas long as short
Gate BERA_USDT+0.0100%4h0.2277−0.218%$337K$390K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2275−0.306%$1.2M$436K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2275−0.306%$551K$220K50xas long as short
Bitget BERAUSDTshort+0.0100%4h0.2276−0.262%$1.5M$1.1M50x
BingX BERA-USDT+0.0100%4h0.2277−0.218%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2277−0.202%$84K$49Kas long as short
GRVT BERA_USDT_Perplong+0.0100%4h0.2282long leg$106K$2.8M10x
ApeX Omni BERAUSDT+0.0100%1h0.2280−0.087%$34K$456K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2276−0.262%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2275−0.315%$373$6K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2276−0.265%$2K100xas long as short
Hyperliquid BERA+0.0857%1h0.2281−0.047%$2.9M$965K5xas long as short
Backpack BERA_USDC_PERP+0.0929%1h0.2278−0.188%$38K$149K5xas long as short