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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against OKX0.000%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$700.701% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.137%+$14 on $10k
Price spread, last 4 days (all we have)+0.153%+$15 · spread now 0.000%, 7d avg +0.142%
Together, before fees+0.290%+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.142% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.142%). If the spread goes back, that is −$14 on $10k: about 8.4 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BERA-USDT-SWAP0.22830.0100pay 0.0050% / 4h3h 41m$1.4M$1.9M20x
ShortBloFin BERA-USDT0.22830.0157get 0.0078% / 4h3h 41m$278K$72K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$11.91
Price spread: 0.000% → +0.142%
−$14.22
Slippage, 4 orders
−$48.13
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$72.44
Costs to cover
0.701%
Break-even
49.6 days
Slippage from OKX: live order book, 6 min ago; BloFin: live order book, 33 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 OKX live order book, 6 min ago2.18 bp18.6 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 33 min ago6.54 bp19.2 bp −$1948.6 bp −$486doesn'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%1h0.2148−5.913%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1284%1h0.2283+0.005%$51K$21K20xas long as short
01 Exchange BERAUSD−0.0360%1h0.22830.000%$3K$8505xas long as short
Orderly PERP_BERA_USDC+0.0079%4h0.22830.000%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2284+0.039%$64K$72K5xas long as short
Hyperliquid BERA+0.0100%1h0.2286+0.149%$2.9M$589K5xas long as short
Aster BERAUSDT+0.0100%4h0.2285+0.093%$13K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.2284+0.044%$5.4M$9.1M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2280−0.131%$3.0M$2.0M25xas long as short
OKX BERA-USDT-SWAPlong+0.0100%4h0.2283long leg$1.4M$1.9M20x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2285+0.088%$342K$253K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2284+0.044%$1.2M$317K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2284+0.044%$550K$127K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2284+0.044%$1.4M$805K50xas long as short
BingX BERA-USDT+0.0100%4h0.2284+0.044%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2286+0.149%$24K$205K5xas long as short
Variational Omni BERA+0.0100%4h0.2291+0.334%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2294+0.482%$116K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290+0.307%$36K$481K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2284+0.048%$370$6K5xas long as short
BloFin BERA-USDTshort+0.0157%4h0.22830.000%$278K$72K75x
Deribit BERA_USDC-PERPETUAL+0.0188%1h0.2285+0.088%$9K$45K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2287+0.179%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0952%1h0.2300+0.745%$19K$53K50xas long as short