Funding arb · Price arb /

BERA

all BERA markets

Swap Backtest

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 +0.025%

Price spread now: MEXC against Orderly0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on MEXC

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_BERA_USDC	0.2270	0.0100	pay 0.0050% / 4h	2h 27m	$9K	$883	10x
Short	MEXC BERA_USDT	0.2270	0.0100	get 0.0050% / 4h	2h 27m	$1.2M	$443K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee OrderlybpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$14
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Orderly no order-book sample	—	—	—	—	—
Sell MEXC live order book, 4 min ago	2.21 bp	17.0 bp −$17	46.5 bp −$465	263.4 bp −$26.3K	doesn'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 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BERA/USDC PERP	−0.5000%	1h	0.2131	−6.123%	$2K	$5K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.1058%	1h	0.2267	−0.124%	$51K	$25K	20x	as long as short
Coinbase International BERA-PERP-INTX	−0.0280%	1h	0.2234	−1.586%	$15K	$51K	50x	as long as short
Variational Omni BERA	−0.0020%	4h	0.2255	−0.676%	$83K	$49K	—	as long as short
Lighter BERA	+0.0096%	1h	0.2269	−0.053%	$61K	$89K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2266	−0.169%	$15K	$26K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2270	0.000%	$5.4M	$13.9M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2266	−0.176%	$3.0M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2267	−0.132%	$1.5M	$3.2M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	0.2267	−0.132%	$335K	$379K	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BERA_USDTshort	+0.0100%	4h	0.2270	0.000%	$1.2M	$443K	20x
KuCoin BERAUSDTM	+0.0100%	4h	0.2266	−0.176%	$539K	$230K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2268	−0.088%	$1.4M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2270	0.000%	—	$6.6M	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2260	−0.441%	$32K	$459K	50x	as long as short
Orderly PERP_BERA_USDClong	+0.0100%	4h	0.2270	long leg	$9K	$883	10x
SoDEX BERA-USD	+0.0100%	1h	0.2269	−0.044%	$365	$6K	5x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2269	−0.062%	$2K	—	100x	as long as short
Hyperliquid BERA	+0.0340%	1h	0.2274	+0.189%	$2.9M	$924K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0430%	4h	0.2265	−0.220%	$110K	$3.2M	10x	as long as short
01 Exchange BERAUSD	+0.0440%	1h	0.2271	+0.044%	$4K	$2K	5x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0631%	1h	0.2271	+0.044%	$4K	$56K	25x	as long as short
Backpack BERA_USDC_PERP	+0.1076%	1h	0.2272	+0.070%	$41K	$167K	5x	as long as short