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 −0.020%
Price spread now: GRVT against KuCoin0.000%53s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2012.011% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$9 on $10k
Price spread, last 4 days (all we have)−0.084%−$8 · spread now 0.000%, 7d avg +0.009%
Together, before fees+0.011%+ Points / potential airdropGRVT: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BERAUSDTM0.22660.0100pay 0.0050% / 4h1h 08m$547K$222K50x
ShortGRVT BERA_USDT_Perp0.22660.0100get 0.0050% / 4h1h 08m$114K$2.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: 0.000% → +0.009%
−$0.92
Slippage, 4 orders
−$180.08
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$202
Costs to cover
2.011%
Break-even
never at this rate
Slippage from KuCoin: live order book, 64 min ago; GRVT: live order book, 5 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, 64 min ago11.04 bp76.7 bp −$77199.7 bp −$1,997doesn't fitdoesn't fit
Sell GRVT live order book, 5 min ago4.41 bp17.8 bp −$1843.5 bp −$435doesn'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%1h0.2131−5.958%$2K$4K12xas long as short
Coinbase International BERA-PERP-INTX−0.0320%1h0.2259−0.309%$9K$45K50xas long as short
Kraken Futures PF_BERAUSD0.0000%1h0.2269+0.150%$51K$24K20xas long as short
BloFin BERA-USDT+0.0058%4h0.22660.000%$288K$88K75xas long as short
Lighter BERA+0.0096%1h0.2269+0.132%$63K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2268+0.101%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2270+0.155%$5.5M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.22660.000%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.22660.000%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.22660.000%$335K$394K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2268+0.088%$1.2M$433K20xas long as short
KuCoin BERAUSDTMlong+0.0100%4h0.2266long leg$547K$222K50x
Bitget BERAUSDT+0.0100%4h0.2268+0.088%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.22660.000%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2261−0.212%$83K$49Kas long as short
GRVT BERA_USDT_Perpshort+0.0100%4h0.22660.000%$114K$2.8M10x
ApeX Omni BERAUSDT+0.0100%1h0.2260−0.265%$32K$457K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2267+0.044%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2267+0.044%$371$6K5xas long as short
01 Exchange BERAUSD+0.0176%1h0.2268+0.088%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0191%1h0.2268+0.088%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2268+0.067%$2K100xas long as short
Hyperliquid BERA+0.0470%1h0.2273+0.296%$2.9M$946K5xas long as short
Backpack BERA_USDC_PERP+0.0766%1h0.2270+0.194%$37K$149K5xas long as short