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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against KuCoin+0.044%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2262.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.044%, 7d avg −0.080%
Together, before fees−0.008%−$1 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: Bybit is 0.124% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BERAUSDTM0.22860.0100pay 0.0050% / 4h3h 13m$544K$227K50x
ShortBybit BERAUSDT0.22870.0100get 0.0050% / 4h3h 13m$3.1M$4.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.044% → −0.080%
$12.39
Slippage, 4 orders
−$203.23
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$213.84
Costs to cover
2.262%
Break-even
never at this rate
Slippage from KuCoin: live order book, 39 min ago; Bybit: live order book, 4 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, 39 min ago6.61 bp98.7 bp −$99186.2 bp −$1,862doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.19 bp23.6 bp −$2476.4 bp −$764doesn'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%1h0.2152−5.862%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0527%1h0.2287+0.046%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2276−0.437%$9K$45K50xas long as short
Variational Omni BERA−0.0158%4h0.2281−0.212%$84K$49Kas long as short
Lighter BERA+0.0096%1h0.2291+0.232%$62K$90K5xas long as short
Aster BERAUSDT+0.0100%4h0.2290+0.159%$14K$24K5xas long as short
Binance BERAUSDT+0.0100%4h0.2289+0.131%$5.6M$13.5M50xas long as short
Bybit BERAUSDTshort+0.0100%4h0.2287+0.044%$3.1M$4.1M25x
OKX BERA-USDT-SWAP+0.0100%4h0.2289+0.131%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2289+0.131%$340K$376K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2288+0.087%$1.2M$447K20xas long as short
KuCoin BERAUSDTMlong+0.0100%4h0.2286long leg$544K$227K50x
Bitget BERAUSDT+0.0100%4h0.2288+0.087%$1.4M$1.0M50xas long as short
BingX BERA-USDT+0.0100%4h0.2288+0.087%$6.6Mas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290+0.175%$32K$456K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2290+0.175%$9K$90310xas long as short
SoDEX BERA-USD+0.0100%1h0.2290+0.166%$373$6K5xas long as short
BloFin BERA-USDT+0.0119%4h0.2290+0.175%$292K$90K75xas long as short
GRVT BERA_USDT_Perp+0.0162%4h0.2289+0.123%$109K$2.9M10xas long as short
Deribit BERA_USDC-PERPETUAL+0.0187%1h0.2291+0.219%$4K$56K25xas long as short
01 Exchange BERAUSD+0.0192%1h0.2290+0.175%$4K$2K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2288+0.085%$2K100xas long as short
Hyperliquid BERA+0.0216%1h0.2293+0.297%$2.9M$909K5xas long as short
Backpack BERA_USDC_PERP+0.0655%1h0.2293+0.328%$37K$150K5xas long as short