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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h −0.008%
Price spread now: Deribit against SoDEX−0.022%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Deribit is 0.022% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 20 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BERA-USD0.22860.0100pay 0.0013% / 1h55m 23s$370$6K5x
ShortDeribit BERA_USDC-PERPETUAL0.22850.0188get 0.0023% / 1h55m 23s$8K$50K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. 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
$18.44
Price spread: −0.022% → 0.000%
−$2.19
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$1.26
Costs to cover
0.150%
Break-even
6.5 days
Slippage unknown: SoDEX: no order-book sample; Deribit: 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 SoDEX no order-book sample
Sell Deribit no order-book sample
SoDEX and Deribit: 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%1h0.2146−6.104%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0764%1h0.2285−0.021%$51K$25K20xas long as short
Lighter BERA+0.0096%1h0.2284−0.044%$65K$72K5xas long as short
Aster BERAUSDT+0.0100%4h0.2286+0.008%$17K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2285−0.036%$5.4M$9.9M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2282−0.153%$3.0M$2.4M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2281−0.197%$1.4M$2.1M20xas long as short
Gate BERA_USDT+0.0100%4h0.2285−0.022%$359K$257K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2284−0.066%$1.2M$343K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2285−0.022%$548K$131K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BERAUSDT+0.0100%4h0.2285−0.022%$1.5M$786K50xas long as short
BingX BERA-USDT+0.0100%4h0.2285−0.022%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2285−0.009%$29K$150K5xas long as short
Variational Omni BERA+0.0100%4h0.2283−0.127%$84K$52Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2286+0.029%$112K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280−0.241%$39K$452K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2285−0.022%$9K$93710xas long as short
SoDEX BERA-USDlong+0.0100%1h0.2286long leg$370$6K5x
BloFin BERA-USDT+0.0108%4h0.2274−0.503%$282K$73K75xas long as short
Coinbase International BERA-PERP-INTX+0.0160%1h0.2298+0.547%$20K$61K50xas long as short
01 Exchange BERAUSD+0.0176%1h0.2283−0.109%$3K$8645xas long as short
GMX BERA/USD [ETH-USDC]L +0.0187% / S −0.0531%1h0.2284−0.058%$2K100xas long as short
Deribit BERA_USDC-PERPETUALshort+0.0188%1h0.2285−0.022%$8K$50K25x
Hyperliquid BERA+0.0504%1h0.2288+0.096%$2.9M$610K5xas long as short