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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.1155%/8h= +126.5% APRnext payment +$1.44 per $10,000 · paid last 24h −9.422%
Price spread now: GMX against Kraken Futures−0.044%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 feesneeds both histories
Funding pays, the price is against you. GMX is 0.044% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$35 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BERAUSD0.2279−0.0563get 0.0070% / 1h24m 06s$51K$26K20x
ShortGMX BERA/USD [ETH-USDC]0.2278L +0.0206% / S −0.0592%get 0.0074% / 1h24m 06s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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
$242.58
Price spread: −0.044% → 0.000%
−$4.4
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$216.18
Costs to cover
0.220%
Break-even
0.8 days
Slippage unknown: Kraken Futures: no order-book sample; 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 Kraken Futures no order-book sample
Sell GMX no order-book sample
Kraken Futures and 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%1h0.2137−6.217%$2K$4K12xas long as short
Kraken Futures PF_BERAUSDlong−0.0563%1h0.2279long leg$51K$26K20x
Coinbase International BERA-PERP-INTX−0.0304%1h0.2259−0.863%$10K$45K50xas long as short
01 Exchange BERAUSD+0.0008%1h0.2279+0.014%$4K$2K5xas long as short
Lighter BERA+0.0096%1h0.2278−0.030%$63K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2277−0.061%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2278−0.030%$5.5M$13.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2274−0.205%$3.1M$4.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2274−0.205%$1.5M$3.3M20xas long as short
Gate BERA_USDT+0.0100%4h0.2276−0.117%$336K$390K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2277−0.073%$1.2M$435K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2273−0.249%$551K$220K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2277−0.073%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2276−0.117%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2271−0.340%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2276−0.116%$106K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270−0.381%$32K$454K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2278−0.030%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2278−0.051%$373$6K5xas long as short
BloFin BERA-USDT+0.0130%4h0.2272−0.293%$291K$88K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0189%1h0.2280+0.058%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]shortL +0.0206% / S −0.0592%1h0.2278−0.044%$2K100x
Backpack BERA_USDC_PERP+0.0799%1h0.2279+0.028%$38K$150K5xas long as short
Hyperliquid BERA+0.0866%1h0.2283+0.172%$2.9M$954K5xas long as short