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 +0.007%
Price spread now: Bitget against Bybit+0.088%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1161.159% of the position
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−0.052%−$5 · spread now +0.088%, 7d avg −0.009%
Together, before fees+0.002%$0 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: Bitget is 0.097% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BERAUSDT0.22770.0100pay 0.0050% / 4h2h 20m$3.1M$4.2M25x
ShortBitget BERAUSDT0.22790.0100get 0.0050% / 4h2h 20m$1.5M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: +0.088% → −0.009%
$9.67
Slippage, 4 orders
−$92.91
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$106.25
Costs to cover
1.159%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 1 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, 2 min ago4.39 bp32.2 bp −$32101.0 bp −$1,010doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago6.58 bp22.0 bp −$2287.5 bp −$875doesn'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%1h0.2143−5.885%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0562%1h0.2280+0.120%$51K$26K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2259−0.791%$10K$45K50xas long as short
01 Exchange BERAUSD+0.0032%1h0.2281+0.176%$4K$2K5xas long as short
BloFin BERA-USDT+0.0071%4h0.2281+0.176%$291K$88K75xas long as short
Lighter BERA+0.0096%1h0.2280+0.132%$63K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2280+0.133%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2281+0.175%$5.5M$13.6M50xas long as short
Bybit BERAUSDTlong+0.0100%4h0.2277long leg$3.1M$4.2M25x
OKX BERA-USDT-SWAP+0.0100%4h0.2278+0.044%$1.5M$3.3M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2279+0.088%$337K$390K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2281+0.176%$1.2M$435K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2276−0.044%$552K$220K50xas long as short
Bitget BERAUSDTshort+0.0100%4h0.2279+0.088%$1.5M$1.1M50x
BingX BERA-USDT+0.0100%4h0.2280+0.132%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2271−0.267%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2280+0.126%$106K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270−0.307%$32K$455K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2280+0.132%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2280+0.110%$374$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0188%1h0.2282+0.220%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2280+0.148%$2K100xas long as short
Hyperliquid BERA+0.0859%1h0.2286+0.404%$3.0M$964K5xas long as short
Backpack BERA_USDC_PERP+0.0868%1h0.2282+0.233%$38K$149K5xas long as short