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

BERA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against GRVT−0.175%81s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1461.459% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.314%+$31 · spread now −0.175%, 7d avg −0.013%
Together, before fees+0.302%+ Points / potential airdropGRVT: Active · farm board+$30 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: Gate is 0.162% cheaper against GRVT than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.013%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BERA_USDT_Perp0.22890.0100pay 0.0050% / 4h2h 44m$109K$2.9M10x
ShortGate BERA_USDT0.22850.0100get 0.0050% / 4h2h 44m$357K$259K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.175% → −0.013%
−$16.2
Slippage, 4 orders
−$121.89
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$162.09
Costs to cover
1.459%
Break-even
never at this rate
Slippage from GRVT: live order book, 5 min ago; Gate: live order book, 1 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, 5 min ago4.36 bp17.3 bp −$17155.7 bp −$1,557doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago4.38 bp38.4 bp −$38doesn't fitdoesn'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%1h0.2151−6.029%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0764%1h0.2285−0.175%$51K$25K20xas long as short
BloFin BERA-USDT+0.0066%4h0.22890.000%$280K$71K75xas long as short
Lighter BERA+0.0096%1h0.2285−0.192%$65K$73K5xas long as short
Aster BERAUSDT+0.0100%4h0.2285−0.175%$17K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.2284−0.224%$5.4M$9.8M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2281−0.349%$3.1M$2.4M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2281−0.349%$1.4M$2.1M20xas long as short
Gate BERA_USDTshort+0.0100%4h0.2285−0.175%$357K$259K50x
MEXC BERA_USDT+0.0100%4h0.2284−0.218%$1.2M$344K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2284−0.218%$548K$130K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2285−0.175%$1.5M$776K50xas long as short
BingX BERA-USDT+0.0100%4h0.2284−0.218%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2284−0.205%$27K$148K5xas long as short
Variational Omni BERA+0.0100%4h0.2284−0.214%$84K$52Kas long as short
GRVT BERA_USDT_Perplong+0.0100%4h0.2289long leg$109K$2.9M10x
ApeX Omni BERAUSDT+0.0100%1h0.2290+0.044%$40K$450K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2284−0.218%$9K$78710xas long as short
SoDEX BERA-USD+0.0100%1h0.2284−0.197%$367$6K5xas long as short
Coinbase International BERA-PERP-INTX+0.0160%1h0.2302+0.568%$20K$61K50xas long as short
01 Exchange BERAUSD+0.0176%1h0.2284−0.218%$3K$8645xas long as short
Deribit BERA_USDC-PERPETUAL+0.0188%1h0.2285−0.175%$9K$51K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0196% / S −0.0560%1h0.2284−0.203%$2K100xas long as short
Hyperliquid BERA+0.0441%1h0.2286−0.109%$2.9M$599K5xas long as short