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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0092%/8h= −10.1% APRnext payment $0.12 per $10,000 · paid last 24h +0.048%
Price spread now: SoDEX against 01 Exchange−0.266%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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SoDEX is 0.266% cheaper against 01 Exchange than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BERAUSD0.22940.0192pay 0.0024% / 1h12m 18s$4K$2K5x
ShortSoDEX BERA-USD0.22880.0100get 0.0013% / 1h12m 18s$372$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against 01 Exchange. 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
−$19.32
Price spread: −0.266% → 0.000%
−$26.59
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$60.91
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; SoDEX: 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 01 Exchange no order-book sample
Sell SoDEX no order-book sample
01 Exchange and 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%1h0.2152−6.190%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0526%1h0.2287−0.293%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2276−0.785%$9K$45K50xas long as short
Variational Omni BERA−0.0158%4h0.2281−0.560%$84K$49Kas long as short
BloFin BERA-USDT+0.0061%4h0.2288−0.262%$291K$90K75xas long as short
Lighter BERA+0.0096%1h0.2288−0.244%$62K$90K5xas long as short
Aster BERAUSDT+0.0100%4h0.2288−0.268%$13K$24K5xas long as short
Binance BERAUSDT+0.0100%4h0.2288−0.262%$5.6M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2285−0.392%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2285−0.392%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2289−0.218%$340K$376K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2289−0.218%$1.2M$447K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2287−0.305%$544K$227K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2288−0.262%$1.4M$1.0M50xas long as short
BingX BERA-USDT+0.0100%4h0.2289−0.218%$6.6Mas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290−0.174%$32K$456K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2289−0.218%$9K$90310xas long as short
SoDEX BERA-USDshort+0.0100%1h0.2288−0.266%$372$6K5x
GRVT BERA_USDT_Perp+0.0162%4h0.2289−0.226%$109K$2.9M10xas long as short
Deribit BERA_USDC-PERPETUAL+0.0187%1h0.2289−0.218%$4K$56K25xas long as short
01 Exchange BERAUSDlong+0.0192%1h0.2294long leg$4K$2K5x
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2288−0.246%$2K100xas long as short
Hyperliquid BERA+0.0220%1h0.2292−0.083%$2.9M$909K5xas long as short
Backpack BERA_USDC_PERP+0.0670%1h0.2292−0.105%$37K$150K5xas long as short