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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.132%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$2042.038% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.132%, 7d avg +0.016%
Together, before fees+0.091%+$9 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: Binance is 0.116% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BERAUSDTM0.22630.0100pay 0.0050% / 4h1h 10m$546K$222K50x
ShortBinance BERAUSDT0.22660.0100get 0.0050% / 4h1h 10m$5.5M$13.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: +0.132% → +0.016%
$11.59
Slippage, 4 orders
−$181.76
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$192.17
Costs to cover
2.038%
Break-even
never at this rate
Slippage from KuCoin: live order book, 62 min ago; Binance: live order book, 15 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 KuCoin live order book, 62 min ago11.04 bp76.7 bp −$77199.7 bp −$1,997doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago2.21 bp15.7 bp −$1656.2 bp −$562doesn'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%1h0.2131−5.833%$2K$4K12xas long as short
Coinbase International BERA-PERP-INTX−0.0320%1h0.2259−0.177%$9K$45K50xas long as short
Kraken Futures PF_BERAUSD0.0000%1h0.2267+0.195%$51K$24K20xas long as short
BloFin BERA-USDT+0.0043%4h0.2265+0.088%$288K$88K75xas long as short
Lighter BERA+0.0096%1h0.2266+0.137%$62K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2267+0.192%$13K$27K5xas long as short
Binance BERAUSDTshort+0.0100%4h0.2266+0.132%$5.5M$13.5M50x
Bybit BERAUSDT+0.0100%4h0.22630.000%$3.0M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.22630.000%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2265+0.088%$334K$394K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2265+0.088%$1.2M$433K20xas long as short
KuCoin BERAUSDTMlong+0.0100%4h0.2263long leg$546K$222K50x
Bitget BERAUSDT+0.0100%4h0.2265+0.088%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2265+0.088%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2259−0.167%$83K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2266+0.133%$114K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2260−0.133%$32K$457K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2266+0.133%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2266+0.133%$371$6K5xas long as short
01 Exchange BERAUSD+0.0176%1h0.2265+0.088%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0192%1h0.2266+0.133%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2265+0.095%$2K100xas long as short
Hyperliquid BERA+0.0473%1h0.2270+0.305%$2.9M$948K5xas long as short
Backpack BERA_USDC_PERP+0.0761%1h0.2267+0.163%$36K$149K5xas long as short