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: Bybit against KuCoin−0.087%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1991.992% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.087%, 7d avg −0.076%
Together, before fees+0.127%+$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BERAUSDTM0.22930.0100pay 0.0050% / 4h1h 48m$544K$130K50x
ShortBybit BERAUSDT0.22910.0100get 0.0050% / 4h1h 48m$3.1M$2.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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% → −0.076%
−$1.17
Slippage, 4 orders
−$176.18
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$200.35
Costs to cover
1.992%
Break-even
never at this rate
Slippage from KuCoin: live order book, 70 min ago; Bybit: 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 KuCoin live order book, 70 min ago13.19 bp78.2 bp −$78180.0 bp −$1,800doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago4.38 bp24.4 bp −$2472.3 bp −$723doesn'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%1h0.2157−5.931%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1557%1h0.2292−0.043%$51K$21K20xas long as short
BloFin BERA-USDT+0.0052%4h0.2290−0.131%$280K$75K75xas long as short
Orderly PERP_BERA_USDC+0.0094%4h0.22930.000%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.22930.000%$65K$73K5xas long as short
Aster BERAUSDT+0.0100%4h0.2294+0.024%$15K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2293−0.011%$5.4M$9.5M50xas long as short
Bybit BERAUSDTshort+0.0100%4h0.2291−0.087%$3.1M$2.2M25x
OKX BERA-USDT-SWAP+0.0100%4h0.2290−0.131%$1.4M$2.0M20xas long as short
Gate BERA_USDT+0.0100%4h0.2292−0.044%$350K$261K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.22930.000%$1.2M$326K20xas long as short
KuCoin BERAUSDTMlong+0.0100%4h0.2293long leg$544K$130K50x
Bitget BERAUSDT+0.0100%4h0.2294+0.044%$1.5M$759K50xas long as short
BingX BERA-USDT+0.0100%4h0.2291−0.087%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2294+0.052%$24K$205K5xas long as short
Variational Omni BERA+0.0100%4h0.2282−0.474%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2287−0.251%$115K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290−0.131%$52K$471K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2292−0.052%$369$6K5xas long as short
Hyperliquid BERA+0.0133%1h0.2294+0.035%$2.9M$598K5xas long as short
01 Exchange BERAUSD+0.0160%1h0.2291−0.087%$3K$8645xas long as short
Deribit BERA_USDC-PERPETUAL+0.0186%1h0.22930.000%$9K$46K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2293−0.017%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0600%1h0.2313+0.872%$20K$55K50xas long as short