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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0801%/8h= +87.7% APRnext payment +$1.00 per $10,000 · paid last 24h +0.018%
Price spread now: Hyperliquid against SoDEX+0.272%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Hyperliquid is 0.272% dearer against SoDEX than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BERA-USD0.22760.0100pay 0.0013% / 1h56m 01s$373$6K5x
ShortHyperliquid BERA0.22820.0901get 0.0113% / 1h56m 01s$2.9M$1.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$168.23
Price spread: +0.272% → 0.000%
$27.25
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$178.47
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; Hyperliquid: live order book, 5 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 SoDEX no order-book sample
Sell Hyperliquid live order book, 5 min ago1.75 bp18.1 bp −$18doesn't fitdoesn't fitdoesn't fit
SoDEX: 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%1h0.2140−5.955%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0564%1h0.2275−0.044%$51K$27K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2271−0.198%$10K$46K50xas long as short
01 Exchange BERAUSD−0.0080%1h0.2275−0.022%$4K$2K5xas long as short
Variational Omni BERA+0.0067%4h0.2277+0.067%$84K$53Kas long as short
Lighter BERA+0.0096%1h0.2277+0.048%$63K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2276+0.029%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2277+0.073%$5.5M$13.8M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2273−0.110%$3.1M$4.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2274−0.066%$1.5M$3.3M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2275−0.022%$340K$387K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2276+0.022%$1.2M$433K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2271−0.198%$550K$221K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2276+0.022%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2275−0.022%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2281+0.263%$107K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280+0.198%$32K$458K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2276+0.022%$9K$1K10xas long as short
SoDEX BERA-USDlong+0.0100%1h0.2276long leg$373$6K5x
BloFin BERA-USDT+0.0130%4h0.2272−0.154%$220K$95K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0189%1h0.2278+0.110%$4K$63K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2276+0.003%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0442%1h0.2278+0.097%$37K$157K5xas long as short
Hyperliquid BERAshort+0.0901%1h0.2282+0.272%$2.9M$1.0M5x