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

BERA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.087%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1861.864% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.087%, 7d avg +0.032%
Together, before fees−0.141%−$14 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 0.055% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BERA-USDT0.22860.0100pay 0.0050% / 4h1h 45m$6.6M
ShortKuCoin BERAUSDTM0.22880.0100get 0.0050% / 4h1h 45m$543K$130K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: +0.087% → +0.032%
$5.51
Slippage, 4 orders
−$164.43
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$180.92
Costs to cover
1.864%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 73 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 BingX live order book, 6 min ago6.57 bp17.7 bp −$1840.7 bp −$407527.0 bp −$52.7Kdoesn't fit
Sell KuCoin live order book, 73 min ago13.19 bp67.6 bp −$68169.1 bp −$1,691doesn'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%1h0.2154−5.774%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1561%1h0.2287+0.062%$51K$21K20xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.22860.000%$9K$46K25xas long as short
Orderly PERP_BERA_USDC+0.0094%4h0.2287+0.044%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2287+0.057%$65K$73K5xas long as short
Hyperliquid BERA+0.0100%1h0.2290+0.179%$2.9M$598K5xas long as short
Aster BERAUSDT+0.0100%4h0.2291+0.206%$15K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2288+0.100%$5.4M$9.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2284−0.087%$3.1M$2.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2285−0.044%$1.4M$2.0M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2287+0.044%$350K$262K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2287+0.044%$1.2M$326K20xas long as short
KuCoin BERAUSDTMshort+0.0100%4h0.2288+0.087%$543K$130K50x
Bitget BERAUSDT+0.0100%4h0.2289+0.131%$1.5M$757K50xas long as short
BingX BERA-USDTlong+0.0100%4h0.2286long leg$6.6M
Backpack BERA_USDC_PERP+0.0100%1h0.2288+0.079%$24K$204K5xas long as short
Variational Omni BERA+0.0100%4h0.2283−0.127%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2287+0.054%$115K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290+0.175%$52K$471K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2288+0.079%$368$6K5xas long as short
BloFin BERA-USDT+0.0139%4h0.2290+0.175%$280K$75K75xas long as short
01 Exchange BERAUSD+0.0152%1h0.2287+0.044%$3K$8645xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2286+0.007%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0600%1h0.2313+1.181%$20K$55K50xas long as short