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 +0.013%
Price spread now: Bybit against GRVT+0.496%110s7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.929% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days−0.649%−$65 · spread now +0.496%, 7d avg −0.063%
Together, before fees−0.683%+ Points / potential airdropGRVT: Active · farm board−$68 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: Bybit is 0.559% dearer against GRVT than usual: you sell high and buy low, +$56 on $10k if it goes back to its 7-day average of −0.063%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BERA_USDT_Perp0.22720.0100pay 0.0050% / 4h59m 48s$105K$2.7M10x
ShortBybit BERAUSDT0.22830.0100get 0.0050% / 4h59m 48s$3.1M$4.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.496% → −0.063%
$55.88
Slippage, 4 orders
−$72.9
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$37.02
Costs to cover
0.929%
Break-even
never at this rate
Slippage from GRVT: live order book, 4 min ago; Bybit: 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 GRVT live order book, 4 min ago4.39 bp18.8 bp −$19156.9 bp −$1,569doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago4.40 bp27.5 bp −$2776.3 bp −$763doesn'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%1h0.2139−5.843%$2K$4K12xas long as short
Coinbase International BERA-PERP-INTX−0.0320%1h0.2259−0.561%$9K$45K50xas long as short
Kraken Futures PF_BERAUSD0.0000%1h0.2286+0.615%$51K$24K20xas long as short
BloFin BERA-USDT+0.0091%4h0.2278+0.276%$287K$88K75xas long as short
Lighter BERA+0.0096%1h0.2287+0.676%$63K$89K5xas long as short
Hyperliquid BERA+0.0100%1h0.2290+0.791%$2.9M$946K5xas long as short
Aster BERAUSDT+0.0100%4h0.2286+0.631%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2288+0.708%$5.5M$13.6M50xas long as short
Bybit BERAUSDTshort+0.0100%4h0.2283+0.496%$3.1M$4.1M25x
OKX BERA-USDT-SWAP+0.0100%4h0.2283+0.496%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2285+0.584%$337K$395K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2285+0.584%$1.2M$434K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2284+0.540%$551K$224K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2287+0.672%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2286+0.628%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2274+0.108%$84K$49Kas long as short
GRVT BERA_USDT_Perplong+0.0100%4h0.2272long leg$105K$2.7M10x
ApeX Omni BERAUSDT+0.0100%1h0.2270−0.076%$33K$460K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2285+0.584%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2285+0.579%$374$6K5xas long as short
01 Exchange BERAUSD+0.0184%1h0.2286+0.628%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0188%1h0.2286+0.628%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2284+0.560%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0853%1h0.2287+0.672%$37K$149K5xas long as short