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: BingX against KuCoin−0.132%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2082.080% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$11 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.132%, 7d avg −0.038%
Together, before fees+0.179%+$18 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 0.094% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BERAUSDTM0.22720.0100pay 0.0050% / 4h1h 36m$548K$218K50x
ShortBingX BERA-USDT0.22690.0100get 0.0050% / 4h1h 36m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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% → −0.038%
−$9.43
Slippage, 4 orders
−$185.97
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$217.4
Costs to cover
2.080%
Break-even
never at this rate
Slippage from KuCoin: live order book, 37 min ago; BingX: live order book, 16 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, 37 min ago11.04 bp76.7 bp −$77199.7 bp −$1,997doesn't fitdoesn't fit
Sell BingX live order book, 16 min ago6.62 bp20.7 bp −$2154.0 bp −$540521.2 bp −$52.1Kdoesn'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%1h0.2140−5.810%$2K$4K12xas long as short
Coinbase International BERA-PERP-INTX−0.0320%1h0.2259−0.572%$10K$45K50xas long as short
Kraken Futures PF_BERAUSD0.0000%1h0.2268−0.182%$51K$26K20xas long as short
BloFin BERA-USDT+0.0046%4h0.2282+0.440%$288K$88K75xas long as short
Lighter BERA+0.0096%1h0.2270−0.084%$63K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2271−0.039%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2270−0.083%$5.5M$13.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2265−0.308%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2266−0.264%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2270−0.088%$335K$391K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2268−0.176%$1.2M$432K20xas long as short
KuCoin BERAUSDTMlong+0.0100%4h0.2272long leg$548K$218K50x
Bitget BERAUSDT+0.0100%4h0.2269−0.132%$1.5M$1.1M50xas long as short
BingX BERA-USDTshort+0.0100%4h0.2269−0.132%$6.6M
Variational Omni BERA+0.0100%4h0.2276+0.165%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2279+0.310%$105K$2.7M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280+0.352%$32K$455K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.22720.000%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2269−0.123%$372$6K5xas long as short
01 Exchange BERAUSD+0.0184%1h0.22720.000%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0191%1h0.2271−0.044%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2271−0.052%$2K100xas long as short
Hyperliquid BERA+0.0693%1h0.2273+0.040%$2.9M$932K5xas long as short
Backpack BERA_USDC_PERP+0.0919%1h0.2270−0.110%$37K$150K5xas long as short