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

BERA

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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 +0.012%
Price spread now: Bybit against OKX+0.087%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$950.953% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 7 days−0.032%−$3 · spread now +0.087%, 7d avg 0.000%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.087% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BERA-USDT-SWAP0.23020.0100pay 0.0050% / 4h1h 04m$1.4M$2.0M20x
ShortBybit BERAUSDT0.23040.0100get 0.0050% / 4h1h 04m$3.1M$2.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.087% → 0.000%
$8.68
Slippage, 4 orders
−$74.26
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$86.57
Costs to cover
0.953%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 3 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, 2 min ago4.32 bp19.7 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago4.33 bp23.6 bp −$2481.4 bp −$814doesn'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%1h0.2176−5.474%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1546%1h0.2309+0.296%$52K$21K20xas long as short
Orderly PERP_BERA_USDC+0.0090%4h0.2309+0.304%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2309+0.313%$66K$73K5xas long as short
Hyperliquid BERA+0.0100%1h0.2311+0.404%$2.9M$591K5xas long as short
Aster BERAUSDT+0.0100%4h0.2311+0.377%$14K$23K5xas long as short
Binance BERAUSDT+0.0100%4h0.2308+0.275%$5.5M$9.5M50xas long as short
Bybit BERAUSDTshort+0.0100%4h0.2304+0.087%$3.1M$2.2M25x
OKX BERA-USDT-SWAPlong+0.0100%4h0.2302long leg$1.4M$2.0M20x
Gate BERA_USDT+0.0100%4h0.2305+0.130%$348K$272K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2306+0.174%$1.3M$333K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2310+0.348%$556K$133K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2306+0.174%$1.5M$794K50xas long as short
BingX BERA-USDT+0.0100%4h0.2305+0.130%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2311+0.369%$24K$204K5xas long as short
Variational Omni BERA+0.0100%4h0.2310+0.352%$85K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2318+0.695%$116K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2320+0.782%$53K$473K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2311+0.387%$372$6K5xas long as short
BloFin BERA-USDT+0.0104%4h0.2310+0.348%$281K$76K75xas long as short
01 Exchange BERAUSD+0.0128%1h0.2308+0.261%$3K$8645xas long as short
Deribit BERA_USDC-PERPETUAL+0.0183%1h0.2310+0.348%$9K$45K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2309+0.287%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0600%1h0.2322+0.869%$19K$54K50xas long as short