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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0852%/8h= +93.3% APRpaid last 24h −0.078%
Price spread now: Coinbase International against Bitget+0.262%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−0.198%−$20 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 +$26 a day on $10k at the current rate, and Coinbase International is 0.262% dearer against Bitget than usual: you sell high and buy low: +$26 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 −0.198%, 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 -0.198% in total (about -10.4% 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
LongBitget BERAUSDT0.22940.0100pay 0.0050% / 4h3h 51m$1.4M$804K50x
ShortCoinbase International BERA-PERP-INTX0.23000.0952get 0.0119% / 1h51m 14s$19K$53K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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
$178.92
Price spread: +0.262% → 0.000%
$26.16
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$183.08
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago4.37 bp24.2 bp −$24107.8 bp −$1,078doesn'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%1h0.2154−6.103%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1279%1h0.2291−0.147%$51K$21K20xas long as short
01 Exchange BERAUSD−0.0784%1h0.22940.000%$3K$8505xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2295+0.044%$9K$45K25xas long as short
Orderly PERP_BERA_USDC+0.0080%4h0.22940.000%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2295+0.035%$64K$72K5xas long as short
Hyperliquid BERA+0.0100%1h0.2297+0.139%$2.9M$589K5xas long as short
Aster BERAUSDT+0.0100%4h0.2293−0.040%$13K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.2295+0.045%$5.5M$9.2M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2290−0.174%$3.1M$2.0M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAP+0.0100%4h0.2293−0.044%$1.4M$1.9M20xas long as short
Gate BERA_USDT+0.0100%4h0.2290−0.174%$344K$252K50xas long as short
MEXC BERA_USDT+0.0100%4h0.22940.000%$1.3M$316K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2293−0.044%$552K$128K50xas long as short
Bitget BERAUSDTlong+0.0100%4h0.2294long leg$1.4M$804K50x
BingX BERA-USDT+0.0100%4h0.2292−0.087%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2291−0.148%$24K$205K5xas long as short
Variational Omni BERA+0.0100%4h0.2286−0.343%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2291−0.130%$113K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290−0.174%$36K$481K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2295+0.044%$374$6K5xas long as short
BloFin BERA-USDT+0.0125%4h0.2288−0.262%$280K$72K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2295+0.048%$2K100xas long as short
Coinbase International BERA-PERP-INTXshort+0.0952%1h0.2300+0.262%$19K$53K50x