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 +0.006%
Price spread now: GRVT against Orderly+0.128%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.128% dearer against Orderly than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BERA_USDC0.22830.0100pay 0.0050% / 4h30m 38s$9K$1K10x
ShortGRVT BERA_USDT_Perp0.22860.0100get 0.0050% / 4h30m 38s$118K$2.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Orderly. 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: +0.128% → 0.000%
$12.76
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$2.24
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell GRVT live order book, 3 min ago4.37 bp21.9 bp −$2260.6 bp −$606doesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2148−5.913%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0419%1h0.2283+0.014%$51K$24K20xas long as short
Coinbase International BERA-PERP-INTX−0.0296%1h0.2259−1.051%$9K$45K50xas long as short
BloFin BERA-USDT+0.0077%4h0.2287+0.175%$293K$84K75xas long as short
Lighter BERA+0.0096%1h0.2283−0.013%$62K$90K5xas long as short
Variational Omni BERA+0.0099%4h0.2280−0.121%$84K$49Kas long as short
Aster BERAUSDT+0.0100%4h0.2283+0.001%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2283+0.006%$5.6M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2279−0.175%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2280−0.131%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.22830.000%$338K$389K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2282−0.044%$1.3M$433K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2281−0.088%$548K$227K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2284+0.044%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2282−0.044%$6.6Mas long as short
GRVT BERA_USDT_Perpshort+0.0100%4h0.2286+0.128%$118K$2.8M10x
ApeX Omni BERAUSDT+0.0100%1h0.2280−0.131%$37K$459K50xas long as short
Orderly PERP_BERA_USDClong+0.0100%4h0.2283long leg$9K$1K10x
SoDEX BERA-USD+0.0100%1h0.2283+0.018%$368$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0188%1h0.22830.000%$4K$62K25xas long as short
01 Exchange BERAUSD+0.0192%1h0.22830.000%$4K$2K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2284+0.038%$2K100xas long as short
Hyperliquid BERA+0.0445%1h0.2286+0.145%$2.9M$954K5xas long as short
Backpack BERA_USDC_PERP+0.0857%1h0.2285+0.083%$37K$147K5xas long as short