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 +0.024%
Price spread now: Gate against OKX0.000%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1481.481% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 4 days (all we have)−0.151%−$15 · spread now 0.000%, 7d avg +0.112%
Together, before fees−0.054%−$5 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 0.112% cheaper against OKX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BERA-USDT-SWAP0.22700.0100pay 0.0050% / 4h1h 54m$1.5M$3.2M20x
ShortGate BERA_USDT0.22700.0100get 0.0050% / 4h1h 54m$335K$390K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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% → +0.112%
−$11.19
Slippage, 4 orders
−$123.05
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$159.24
Costs to cover
1.481%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 26 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 OKX live order book, 3 min ago2.21 bp23.5 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 26 min ago6.58 bp44.3 bp −$44doesn'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%1h0.2131−6.123%$2K$4K12xas long as short
Coinbase International BERA-PERP-INTX−0.0320%1h0.2259−0.485%$10K$45K50xas long as short
Kraken Futures PF_BERAUSD0.0000%1h0.2274+0.190%$51K$26K20xas long as short
Lighter BERA+0.0096%1h0.2275+0.238%$63K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2275+0.225%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2275+0.220%$5.5M$13.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2273+0.132%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAPlong+0.0100%4h0.2270long leg$1.5M$3.2M20x
Gate BERA_USDTshort+0.0100%4h0.22700.000%$335K$390K50x
MEXC BERA_USDT+0.0100%4h0.2275+0.220%$1.2M$431K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.22700.000%$550K$218K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2277+0.308%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2274+0.176%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2269−0.031%$83K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2268−0.096%$105K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2260−0.441%$32K$455K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2274+0.176%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2274+0.176%$373$6K5xas long as short
BloFin BERA-USDT+0.0150%4h0.2265−0.220%$289K$87K75xas long as short
01 Exchange BERAUSD+0.0176%1h0.2277+0.308%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0189%1h0.2277+0.308%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2274+0.181%$2K100xas long as short
Hyperliquid BERA+0.1111%1h0.2281+0.480%$2.9M$944K5xas long as short
Backpack BERA_USDC_PERP+0.1263%1h0.2277+0.313%$37K$149K5xas long as short