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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0044%/8hnext payment +$0.22 per $10,000 · paid last 24h +0.009%
Price spread now: BingX against Bybit+0.132%7-day average +0.025% · you sell dearer than you buy
to open and close $10k−$91fees + slippage, both legs, in and out
costs, in % of the position0.910%what the two incomes have to cover
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 7 days−0.160%−$16 · spread now +0.132%, 7d avg +0.025%
Together, before fees−0.106%−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.107% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BERAUSDT0.22670.0056pay 0.0028% / 4h46m 48s$3.0M$4.4M25x
ShortBingX BERA-USDT0.22700.0100get 0.0050% / 4h46m 48s$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
$9.32
Price spread: +0.132% → +0.025%
$10.72
Slippage, 4 orders
−$69.99
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$70.95
Costs to cover
0.910%
Break-even
60.3 days
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 4 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 Bybit live order book, 5 min ago2.21 bp27.4 bp −$2774.5 bp −$745doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago6.61 bp19.6 bp −$2049.4 bp −$494491.2 bp −$49.1K888.1 bp −$444.1K

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−0.4672%1h0.2136−5.779%$2K$19K12xas long as short
Coinbase International BERA-PERP-INTX−0.0384%1h0.2263−0.176%$10K$82K50xas long as short
01 Exchange BERAUSD−0.0096%1h0.2273+0.265%$4K$5K5xas long as short
Variational Omni BERA+0.0032%4h0.2267+0.021%$84K$53Kas long as short
BloFin BERA-USDT+0.0051%4h0.2270+0.132%$301K$103K75xas long as short
Bybit BERAUSDTlong+0.0056%4h0.2267long leg$3.0M$4.4M25x
Orderly PERP_BERA_USDC+0.0091%4h0.2271+0.176%$9K$1K10xas long as short
Lighter BERA+0.0096%1h0.2270+0.115%$64K$94K5xas long as short
Hyperliquid BERA+0.0100%1h0.2273+0.260%$2.9M$1.5M5xas long as short
Aster BERAUSDT+0.0100%4h0.2272+0.232%$14K$30K5xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BERAUSDT+0.0100%4h0.2272+0.221%$5.5M$14.4M50xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2269+0.088%$1.5M$3.4M20xas long as short
Gate BERA_USDT+0.0100%4h0.2269+0.088%$337K$419K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2270+0.132%$1.2M$441K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.22670.000%$563K$229K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2271+0.176%$1.5M$1.1M50xas long as short
BingX BERA-USDTshort+0.0100%4h0.2270+0.132%$6.6M
Backpack BERA_USDC_PERP+0.0100%1h0.2273+0.243%$37K$159K5xas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2270+0.132%$114K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270+0.132%$35K$461K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2271+0.172%$370$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0190%1h0.2272+0.221%$4K$64K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2270+0.147%$2K100xas long as short
Kraken Futures PF_BERAUSD+1.9779%1h0.2266−0.044%$52K$26K20xas long as short