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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0500%/8h= +54.7% APRpaid last 24h −0.104%
Price spread now: Coinbase International against MEXC+0.872%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−0.228%−$23 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 +$15 a day on $10k at the current rate, and Coinbase International is 0.872% dearer against MEXC than usual: you sell high and buy low: +$87 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.228%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.228% in total (about -11.9% 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
LongMEXC BERA_USDT0.22930.0100pay 0.0050% / 4h1h 48m$1.2M$326K20x
ShortCoinbase International BERA-PERP-INTX0.23130.0600get 0.0075% / 1h48m 52s$20K$55K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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
$105
Price spread: +0.872% → 0.000%
$87.22
Slippage, 4 orders
no order book: not counted
Fee MEXC: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$174.22
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: MEXC: live order book, 2 min ago; 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 MEXC live order book, 2 min ago2.19 bp11.7 bp −$1233.1 bp −$331242.0 bp −$24.2Kdoesn't fit
Sell Coinbase International no order-book sample
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%1h0.2157−5.931%$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%1h0.2292−0.044%$65K$73K5xas long as short
Aster BERAUSDT+0.0100%4h0.2294+0.025%$15K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2293+0.015%$5.4M$9.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2291−0.087%$3.1M$2.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2292−0.044%$1.4M$2.0M20xas long as short
Gate BERA_USDT+0.0100%4h0.2292−0.044%$351K$261K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDTlong+0.0100%4h0.2293long leg$1.2M$326K20x
KuCoin BERAUSDTM+0.0100%4h0.2292−0.044%$544K$130K50xas long as short
Bitget BERAUSDT+0.0100%4h0.22930.000%$1.5M$759K50xas long as short
BingX BERA-USDT+0.0100%4h0.22930.000%$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+0.0142%1h0.2295+0.096%$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-INTXshort+0.0600%1h0.2313+0.872%$20K$55K50x