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+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.007%
Price spread now: Variational Omni against Orderly−0.388%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: 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: Variational Omni is 0.388% cheaper against Orderly than usual: you would sell low and buy high, −$39 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_USDC0.22920.0094pay 0.0047% / 4h1h 43m$9K$78710x
ShortVariational Omni BERA0.22830.0100get 0.0050% / 4h1h 43m$84K$49K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$1.25
Price spread: −0.388% → 0.000%
−$38.83
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$43.58
Costs to cover
0.060%
Break-even
250.7 days
Slippage unknown: Orderly: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample
Orderly and Variational Omni: 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%1h0.2156−5.934%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1561%1h0.2287−0.201%$51K$21K20xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2291−0.044%$9K$46K25xas long as short
Orderly PERP_BERA_USDClong+0.0094%4h0.2292long leg$9K$78710x
Lighter BERA+0.0096%1h0.2289−0.109%$65K$73K5xas long as short
Hyperliquid BERA+0.0100%1h0.2294+0.096%$2.9M$598K5xas long as short
Aster BERAUSDT+0.0100%4h0.2291−0.060%$15K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2290−0.070%$5.4M$9.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2288−0.175%$3.1M$2.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2288−0.175%$1.4M$2.0M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2291−0.044%$349K$262K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2291−0.044%$1.2M$326K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2289−0.131%$543K$132K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2291−0.044%$1.5M$761K50xas long as short
BingX BERA-USDT+0.0100%4h0.2290−0.087%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2290−0.070%$24K$206K5xas long as short
Variational Omni BERAshort+0.0100%4h0.2283−0.388%$84K$49K
GRVT BERA_USDT_Perp+0.0100%4h0.2293+0.044%$108K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290−0.087%$52K$471K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2289−0.109%$368$6K5xas long as short
BloFin BERA-USDT+0.0120%4h0.2289−0.131%$280K$75K75xas long as short
01 Exchange BERAUSD+0.0152%1h0.2290−0.087%$3K$8645xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2292+0.007%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0600%1h0.2313+0.916%$20K$55K50xas long as short