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

BERA

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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 0.000%
Price spread now: Gate against KuCoin+0.043%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2552.548% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.112%+$11 on $10k
Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.043%, 7d avg +0.007%
Together, before fees+0.018%+$2 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: Gate is 0.036% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BERAUSDTM0.23110.0100pay 0.0050% / 4h27m 39s$557K$230K50x
ShortGate BERA_USDT0.23120.0100get 0.0050% / 4h27m 39s$355K$357K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.043% → +0.007%
$3.64
Slippage, 4 orders
−$227.76
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$251.11
Costs to cover
2.548%
Break-even
never at this rate
Slippage from KuCoin: live order book, 55 min ago; Gate: live order book, 28 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, 55 min ago10.86 bp81.8 bp −$82201.8 bp −$2,018doesn't fitdoesn't fit
Sell Gate live order book, 28 min ago4.34 bp36.3 bp −$36doesn't fitdoesn'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%1h0.2171−6.058%$2K$3K12xas long as short
Kraken Futures PF_BERAUSD−0.0487%1h0.2307−0.186%$52K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2306−0.216%$15K$54K50xas long as short
BloFin BERA-USDT+0.0081%4h0.2316+0.216%$283K$77K75xas long as short
Lighter BERA+0.0096%1h0.2312+0.061%$62K$81K5xas long as short
Aster BERAUSDT+0.0100%4h0.2313+0.073%$15K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2312+0.045%$5.4M$14.2M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2310−0.043%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2309−0.087%$1.5M$3.2M20xas long as short
Gate BERA_USDTshort+0.0100%4h0.2312+0.043%$355K$357K50x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.23110.000%$1.2M$399K20xas long as short
KuCoin BERAUSDTMlong+0.0100%4h0.2311long leg$557K$230K50x
Bitget BERAUSDT+0.0100%4h0.23110.000%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2312+0.043%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2298−0.558%$84K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290−0.909%$34K$443K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.23110.000%$9K$98710xas long as short
SoDEX BERA-USD+0.0100%1h0.2309−0.065%$380$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0183%1h0.23110.000%$3K$59K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2311−0.019%$2K100xas long as short
01 Exchange BERAUSD+0.0280%1h0.2312+0.043%$3K$3K5xas long as short
GRVT BERA_USDT_Perp+0.0404%4h0.2303−0.346%$115K$3.2M10xas long as short
Hyperliquid BERA+0.0428%1h0.2314+0.143%$2.9M$926K5xas long as short
Backpack BERA_USDC_PERP+0.0546%1h0.2312+0.052%$28K$161K5xas long as short