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

BERA

all BERA markets
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 +0.008%
Price spread now: Gate against Bybit−0.087%7-day average +0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1431.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.087%, 7d avg +0.083%
Together, before fees+0.160%+$16 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: Gate is 0.170% cheaper against Bybit than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BERAUSDT0.22870.0100pay 0.0050% / 4h2h 14m$3.1M$2.3M25x
ShortGate BERA_USDT0.22850.0100get 0.0050% / 4h2h 14m$344K$272K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.087% → +0.083%
−$17.01
Slippage, 4 orders
−$116.76
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$159.78
Costs to cover
1.428%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 31 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, 3 min ago4.40 bp30.6 bp −$3176.4 bp −$764doesn't fitdoesn't fit
Sell Gate live order book, 31 min ago4.38 bp38.4 bp −$38doesn't fitdoesn'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%1h0.2140−6.428%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0764%1h0.2284−0.144%$51K$24K20xas long as short
Orderly PERP_BERA_USDC+0.0095%4h0.2284−0.131%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2285−0.087%$65K$73K5xas long as short
Aster BERAUSDT+0.0100%4h0.2285−0.087%$15K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.22870.000%$5.4M$9.6M50xas long as short
Bybit BERAUSDTlong+0.0100%4h0.2287long leg$3.1M$2.3M25x
OKX BERA-USDT-SWAP+0.0100%4h0.2284−0.131%$1.4M$2.0M20xas long as short
Gate BERA_USDTshort+0.0100%4h0.2285−0.087%$344K$272K50x
MEXC BERA_USDT+0.0100%4h0.2288+0.044%$1.2M$347K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2286−0.044%$553K$127K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2286−0.044%$1.5M$769K50xas long as short
BingX BERA-USDT+0.0100%4h0.2282−0.219%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2287−0.004%$27K$149K5xas long as short
Variational Omni BERA+0.0100%4h0.2276−0.497%$83K$51Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2278−0.388%$105K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270−0.743%$37K$452K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2285−0.096%$365$6K5xas long as short
01 Exchange BERAUSD+0.0144%1h0.2282−0.219%$3K$8645xas long as short
BloFin BERA-USDT+0.0159%4h0.2280−0.306%$276K$72K75xas long as short
Coinbase International BERA-PERP-INTX+0.0160%1h0.2286−0.044%$20K$58K50xas long as short
Deribit BERA_USDC-PERPETUAL+0.0188%1h0.2285−0.087%$9K$49K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2283−0.170%$2K100xas long as short
Hyperliquid BERA+0.0412%1h0.2290+0.118%$2.9M$594K5xas long as short