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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0281%/8h= +30.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.069%
Price spread now: GMX against Hyperliquid0.000%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BERA0.22860.0311pay 0.0039% / 1h49m 39s$2.9M$1.5M5x
ShortGMX BERA/USD [ETH-USDC]0.2286L +0.0206% / S −0.0592%get 0.0074% / 1h49m 39s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$59.05
Price spread: 0.000% → 0.000%
−$0.04
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
$38.01
Costs to cover
0.210%
Break-even
2.5 days
Slippage unknown: Hyperliquid: live order book, 6 min ago; GMX: 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 Hyperliquid live order book, 6 min ago1.53 bp17.4 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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%1h0.2151−5.926%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.2227%1h0.2286−0.041%$52K$26K20xas long as short
Bybit BERAUSDT−0.0580%4h0.2279−0.328%$3.1M$4.4M25xas long as short
Coinbase International BERA-PERP-INTX−0.0344%1h0.2282−0.197%$10K$63K50xas long as short
01 Exchange BERAUSD0.0000%1h0.2286−0.022%$4K$5K5xas long as short
BloFin BERA-USDT+0.0047%4h0.2286−0.022%$299K$104K75xas long as short
Variational Omni BERA+0.0083%4h0.2283−0.174%$84K$53Kas long as short
Lighter BERA+0.0096%1h0.2282−0.184%$65K$91K5xas long as short
Aster BERAUSDT+0.0100%4h0.2284−0.092%$14K$30K5xas long as short
Binance BERAUSDT+0.0100%4h0.2284−0.109%$5.6M$14.4M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAP+0.0100%4h0.2280−0.284%$1.5M$3.5M20xas long as short
Gate BERA_USDT+0.0100%4h0.2287+0.022%$342K$390K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2284−0.109%$1.2M$439K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2284−0.109%$558K$229K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2283−0.153%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2283−0.153%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2286−0.022%$112K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280−0.284%$32K$460K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2286−0.022%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2287+0.026%$373$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0187%1h0.2287+0.022%$4K$64K25xas long as short
GMX BERA/USD [ETH-USDC]shortL +0.0206% / S −0.0592%1h0.22860.000%$2K100x
Hyperliquid BERAlong+0.0311%1h0.2286long leg$2.9M$1.5M5x
Backpack BERA_USDC_PERP+0.0536%1h0.2287+0.009%$37K$159K5xas long as short