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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.035%
Price spread now: BingX against Hyperliquid−0.143%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$730.733% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 7 days+0.218%+$22 · spread now −0.143%, 7d avg −0.032%
Together, before fees+0.369%+ Points / potential airdropHyperliquid: Season 2 · farm board+$37 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: BingX is 0.111% cheaper against Hyperliquid than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BERA0.23060.0100pay 0.0013% / 1h34m 16s$2.9M$625K5x
ShortBingX BERA-USDT0.23030.0100get 0.0050% / 4h3h 34m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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: −0.143% → −0.032%
−$11.12
Slippage, 4 orders
−$54.32
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$84.44
Costs to cover
0.733%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; BingX: 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 Hyperliquid live order book, 7 min ago0.43 bp12.3 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago6.51 bp21.6 bp −$2247.0 bp −$470477.2 bp −$47.7K854.8 bp −$427.4K

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%1h0.2170−5.910%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1525%1h0.2302−0.181%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2317+0.464%$22K$60K50xas long as short
BloFin BERA-USDT+0.0053%4h0.2307+0.030%$285K$77K75xas long as short
Lighter BERA+0.0096%1h0.2302−0.182%$65K$84K5xas long as short
Hyperliquid BERAlong+0.0100%1h0.2306long leg$2.9M$625K5x
Aster BERAUSDT+0.0100%4h0.2305−0.042%$15K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2302−0.172%$5.5M$10.7M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2301−0.230%$3.1M$2.7M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2299−0.317%$1.5M$2.3M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2305−0.056%$372K$274K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2302−0.186%$1.2M$379K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2304−0.100%$553K$202K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2305−0.056%$1.5M$842K50xas long as short
BingX BERA-USDTshort+0.0100%4h0.2303−0.143%$6.6M
Backpack BERA_USDC_PERP+0.0100%1h0.2302−0.169%$29K$155K5xas long as short
Variational Omni BERA+0.0100%4h0.2303−0.161%$85K$52Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2310+0.163%$115K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2310+0.160%$48K$432K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2303−0.143%$9K$93710xas long as short
SoDEX BERA-USD+0.0100%1h0.2302−0.204%$373$6K5xas long as short
01 Exchange BERAUSD+0.0168%1h0.2302−0.186%$3K$9685xas long as short
GMX BERA/USD [ETH-USDC]L +0.0171% / S −0.0062%1h0.2302−0.180%$4K100xas long as short
Deribit BERA_USDC-PERPETUAL+0.0185%1h0.2302−0.186%$3K$45K25xas long as short