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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0582%/8h= −63.7% APRnext payment $0.73 per $10,000 · paid last 24h −0.131%
Price spread now: Coinbase International against GMX−0.075%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Coinbase International is 0.075% cheaper against GMX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BERA/USD [ETH-USDC]0.2268L +0.0206% / S −0.0592%pay 0.0026% / 1h55m 42s$2K100x
ShortCoinbase International BERA-PERP-INTX0.2266−0.0376pay 0.0047% / 1h55m 42s$15K$52K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. 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
−$122.17
Price spread: −0.075% → 0.000%
−$7.5
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$151.67
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample
Sell Coinbase International no order-book sample
GMX and 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 23 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%1h0.2120−6.513%$2K$5K12xas long as short
Coinbase International BERA-PERP-INTXshort−0.0376%1h0.2266−0.075%$15K$52K50x
Kraken Futures PF_BERAUSD−0.0184%1h0.2262−0.246%$51K$25K20xas long as short
Lighter BERA+0.0096%1h0.2262−0.269%$61K$88K5xas long as short
Aster BERAUSDT+0.0100%4h0.2267−0.015%$16K$26K5xas long as short
Binance BERAUSDT+0.0100%4h0.2266−0.077%$5.3M$14.0M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2264−0.163%$3.0M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2261−0.295%$1.4M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2266−0.075%$343K$387K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2268+0.013%$1.2M$434K20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2266−0.075%$540K$231K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2264−0.163%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2264−0.163%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2266−0.069%$83K$48Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2260−0.340%$32K$457K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2269+0.057%$9K$88310xas long as short
SoDEX BERA-USD+0.0100%1h0.2267−0.031%$370$6K5xas long as short
GMX BERA/USD [ETH-USDC]longL +0.0206% / S −0.0592%1h0.2268long leg$2K100x
Hyperliquid BERA+0.0275%1h0.2267−0.035%$2.9M$914K5xas long as short
01 Exchange BERAUSD+0.0376%1h0.2270+0.101%$3K$3K5xas long as short
GRVT BERA_USDT_Perp+0.0464%4h0.2262−0.251%$108K$3.2M10xas long as short
Deribit BERA_USDC-PERPETUAL+0.0632%1h0.2269+0.057%$4K$54K25xas long as short
Backpack BERA_USDC_PERP+0.1121%1h0.2269+0.049%$39K$167K5xas long as short