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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.027%
Price spread now: BloFin against MEXC−0.438%64s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$540.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 4 days (all we have)+0.455%+$45 · spread now −0.438%, 7d avg +0.029%
Together, before fees+0.498%+$50 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: BloFin is 0.466% cheaper against MEXC than usual: you would sell low and buy high, −$47 on $10k if it goes back to its 7-day average of +0.029%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BERA_USDT0.22840.0100pay 0.0050% / 4h2h 56m$1.2M$343K20x
ShortBloFin BERA-USDT0.22740.0108get 0.0054% / 4h2h 56m$282K$73K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$1.69
Price spread: −0.438% → +0.029%
−$46.65
Slippage, 4 orders
−$34.32
Fee MEXC: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$99.27
Costs to cover
0.543%
Break-even
417.5 days
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 33 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 MEXC live order book, 5 min ago2.20 bp10.7 bp −$1131.6 bp −$316254.5 bp −$25.5Kdoesn't fit
Sell BloFin live order book, 33 min ago4.34 bp14.6 bp −$1536.9 bp −$369doesn'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%1h0.2146−6.042%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0764%1h0.2285+0.045%$51K$25K20xas long as short
Lighter BERA+0.0096%1h0.2285+0.057%$65K$72K5xas long as short
Aster BERAUSDT+0.0100%4h0.2286+0.073%$17K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2285+0.059%$5.4M$10.0M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2283−0.044%$3.1M$2.4M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2283−0.044%$1.4M$2.1M20xas long as short
Gate BERA_USDT+0.0100%4h0.2285+0.044%$359K$257K50xas long as short
MEXC BERA_USDTlong+0.0100%4h0.2284long leg$1.2M$343K20x
KuCoin BERAUSDTM+0.0100%4h0.2286+0.088%$548K$131K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BERAUSDT+0.0100%4h0.2285+0.044%$1.5M$787K50xas long as short
BingX BERA-USDT+0.0100%4h0.2285+0.044%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2285+0.057%$29K$150K5xas long as short
Variational Omni BERA+0.0100%4h0.2270−0.608%$83K$52Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2278−0.282%$111K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280−0.175%$39K$452K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2285+0.044%$9K$93710xas long as short
SoDEX BERA-USD+0.0100%1h0.2286+0.066%$370$6K5xas long as short
BloFin BERA-USDTshort+0.0108%4h0.2274−0.438%$282K$73K75x
Coinbase International BERA-PERP-INTX+0.0160%1h0.2298+0.613%$20K$61K50xas long as short
01 Exchange BERAUSD+0.0176%1h0.2285+0.044%$3K$8645xas long as short
GMX BERA/USD [ETH-USDC]L +0.0186% / S −0.0529%1h0.2285+0.049%$2K100xas long as short
Deribit BERA_USDC-PERPETUAL+0.0188%1h0.2285+0.044%$8K$50K25xas long as short
Hyperliquid BERA+0.0501%1h0.2289+0.219%$2.9M$610K5xas long as short