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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.172%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2042.044% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.113%−$11 on $10k
Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.172%, 7d avg −0.016%
Together, before fees−0.051%−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.156% cheaper against Binance than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BERAUSDT0.22710.0100pay 0.0050% / 4h1h 47m$5.5M$13.6M50x
ShortKuCoin BERAUSDTM0.22670.0100get 0.0050% / 4h1h 47m$550K$218K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.172% → −0.016%
−$15.59
Slippage, 4 orders
−$182.36
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$219.95
Costs to cover
2.044%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 25 min ago.

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, 8 min ago2.20 bp14.3 bp −$1453.8 bp −$538doesn't fitdoesn't fit
Sell KuCoin live order book, 25 min ago11.04 bp91.9 bp −$92177.6 bp −$1,776doesn't fitdoesn't fit

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%1h0.2136−5.940%$2K$4K12xas long as short
Coinbase International BERA-PERP-INTX−0.0320%1h0.2259−0.524%$10K$45K50xas long as short
Kraken Futures PF_BERAUSD0.0000%1h0.2267−0.151%$51K$26K20xas long as short
BloFin BERA-USDT+0.0051%4h0.2271+0.004%$289K$87K75xas long as short
Lighter BERA+0.0096%1h0.2271−0.005%$63K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2271+0.019%$13K$28K5xas long as short
Binance BERAUSDTlong+0.0100%4h0.2271long leg$5.5M$13.6M50x
Bybit BERAUSDT+0.0100%4h0.2266−0.216%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2266−0.216%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2268−0.128%$335K$391K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2269−0.084%$1.2M$431K20xas long as short
KuCoin BERAUSDTMshort+0.0100%4h0.2267−0.172%$550K$218K50x
Bitget BERAUSDT+0.0100%4h0.2270−0.040%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2268−0.128%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2263−0.334%$83K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2271−0.016%$105K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270−0.040%$32K$453K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2270−0.040%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2269−0.088%$372$6K5xas long as short
01 Exchange BERAUSD+0.0168%1h0.2272+0.048%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0191%1h0.2270−0.040%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2269−0.072%$2K100xas long as short
Hyperliquid BERA+0.0858%1h0.2275+0.185%$2.9M$961K5xas long as short
Backpack BERA_USDC_PERP+0.0921%1h0.2271+0.013%$37K$149K5xas long as short