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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.5176%/8h= +566.8% APRnext payment +$6.47 per $10,000 · paid last 24h +0.816%
Price spread now: 01 Exchange against Injective+6.130%7-day average · you sell dearer than you buy
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 feesneeds both histories
Both sides work for this trade now. Funding pays +$155 a day on $10k at the current rate, and 01 Exchange is 6.130% dearer against Injective than usual: you sell high and buy low: +$613 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BERA/USDC PERP0.2137−0.5000get 0.0625% / 1h52m 29s$2K$4K12x
Short01 Exchange BERAUSD0.22680.0176get 0.0022% / 1h52m 29s$4K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Injective. 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
$1,086.96
Price spread: +6.130% → 0.000%
$613.01
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$1,692.95
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 01 Exchange: 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 Injective no order-book sample
Sell 01 Exchange no order-book sample
Injective and 01 Exchange: 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 PERPlong−0.5000%1h0.2137long leg$2K$4K12x
Coinbase International BERA-PERP-INTX−0.0320%1h0.2259+5.709%$10K$45K50xas long as short
Kraken Futures PF_BERAUSD0.0000%1h0.2269+6.180%$51K$26K20xas long as short
Lighter BERA+0.0096%1h0.2266+6.060%$62K$89K5xas long as short
BloFin BERA-USDT+0.0096%4h0.2265+5.990%$289K$87K75xas long as short
Aster BERAUSDT+0.0100%4h0.2269+6.175%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2269+6.179%$5.5M$13.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2267+6.083%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2265+5.990%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2268+6.130%$335K$391K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2266+6.036%$1.2M$431K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2269+6.177%$550K$218K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2267+6.083%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2269+6.177%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2269+6.191%$83K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2277+6.538%$117K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270+6.224%$32K$454K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2270+6.224%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2270+6.242%$372$6K5xas long as short
01 Exchange BERAUSDshort+0.0176%1h0.2268+6.130%$4K$2K5x
Deribit BERA_USDC-PERPETUAL+0.0191%1h0.2270+6.224%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2270+6.210%$2K100xas long as short
Hyperliquid BERA+0.1093%1h0.2271+6.280%$2.9M$954K5xas long as short
Backpack BERA_USDC_PERP+0.1235%1h0.2269+6.177%$37K$149K5xas long as short