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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0428%/8h= +46.9% APRpaid last 24h +0.105%
Price spread now: Gate against Coinbase International+0.571%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+0.222%+$22 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 +$13 a day on $10k at the current rate, and Gate is 0.571% dearer against Coinbase International than usual: you sell high and buy low: +$57 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.222% in total (about 11.6% 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
LongCoinbase International BERA-PERP-INTX0.2276−0.0328get 0.0041% / 1h7m 55s$9K$45K50x
ShortGate BERA_USDT0.22890.0100get 0.0050% / 4h3h 07m$340K$376K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Coinbase International. 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
$89.88
Price spread: +0.571% → 0.000%
$57.12
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$122
Costs to cover
0.250%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; Gate: live order book, 62 min ago. 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 Coinbase International no order-book sample
Sell Gate live order book, 62 min ago4.38 bp32.9 bp −$33doesn't fitdoesn't fitdoesn't fit
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%1h0.2159−5.141%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0526%1h0.2289+0.589%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTXlong−0.0328%1h0.2276long leg$9K$45K50x
Variational Omni BERA−0.0118%4h0.2284+0.357%$84K$49Kas long as short
BloFin BERA-USDT+0.0089%4h0.2296+0.879%$292K$90K75xas long as short
Lighter BERA+0.0096%1h0.2289+0.593%$62K$90K5xas long as short
Aster BERAUSDT+0.0100%4h0.2289+0.593%$14K$24K5xas long as short
Binance BERAUSDT+0.0100%4h0.2290+0.615%$5.6M$13.4M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2287+0.483%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2286+0.439%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDTshort+0.0100%4h0.2289+0.571%$340K$376K50x
MEXC BERA_USDT+0.0100%4h0.2289+0.571%$1.2M$447K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2289+0.571%$544K$227K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2289+0.571%$1.4M$1.0M50xas long as short
BingX BERA-USDT+0.0100%4h0.2288+0.527%$6.6Mas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290+0.615%$32K$457K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2289+0.571%$9K$68610xas long as short
SoDEX BERA-USD+0.0100%1h0.2290+0.615%$373$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0187%1h0.2291+0.659%$4K$56K25xas long as short
01 Exchange BERAUSD+0.0200%1h0.2290+0.615%$4K$2K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2290+0.598%$2K100xas long as short
Hyperliquid BERA+0.0236%1h0.2292+0.712%$2.9M$902K5xas long as short
GRVT BERA_USDT_Perp+0.0254%4h0.2292+0.702%$115K$2.9M10xas long as short
Backpack BERA_USDC_PERP+0.0717%1h0.2291+0.659%$37K$149K5xas long as short