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+0.0500%/8h= +54.7% APRpaid last 24h −0.115%
Price spread now: Coinbase International against Binance+0.916%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 7 days−0.243%−$24 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Coinbase International is 0.916% dearer against Binance than usual: you sell high and buy low: +$92 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.243%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.243% in total (about -12.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BERAUSDT0.22920.0100pay 0.0050% / 4h1h 57m$5.4M$9.5M50x
ShortCoinbase International BERA-PERP-INTX0.23130.0600get 0.0075% / 1h57m 36s$20K$57K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Binance. 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
$105
Price spread: +0.916% → 0.000%
$91.62
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$176.62
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Binance: live order book, 12 min ago; Coinbase International: 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 Binance live order book, 12 min ago2.18 bp16.8 bp −$1753.6 bp −$536doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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%1h0.2158−5.846%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1549%1h0.2304+0.511%$52K$21K20xas long as short
BloFin BERA-USDT+0.0073%4h0.2294+0.087%$277K$75K75xas long as short
Orderly PERP_BERA_USDC+0.0095%4h0.2305+0.567%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2296+0.175%$65K$73K5xas long as short
Aster BERAUSDT+0.0100%4h0.2294+0.067%$15K$21K5xas long as short
Binance BERAUSDTlong+0.0100%4h0.2292long leg$5.4M$9.5M50x
Bybit BERAUSDT+0.0100%4h0.2289−0.131%$3.1M$2.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2291−0.044%$1.4M$2.0M20xas long as short
Gate BERA_USDT+0.0100%4h0.2296+0.175%$346K$258K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2294+0.087%$1.2M$325K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2300+0.349%$557K$127K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2294+0.087%$1.5M$760K50xas long as short
BingX BERA-USDT+0.0100%4h0.2297+0.218%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2292+0.003%$84K$50Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2296+0.175%$106K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2300+0.349%$52K$471K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2304+0.532%$371$6K5xas long as short
01 Exchange BERAUSD+0.0160%1h0.22920.000%$3K$8645xas long as short
Deribit BERA_USDC-PERPETUAL+0.0184%1h0.2304+0.524%$9K$46K25xas long as short
Hyperliquid BERA+0.0201%1h0.2301+0.388%$2.9M$597K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2306+0.610%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0208%1h0.2303+0.467%$39K$190K5xas long as short
Coinbase International BERA-PERP-INTXshort+0.0600%1h0.2313+0.916%$20K$57K50x