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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1010%/8h= +110.6% APRnext payment +$1.26 per $10,000 · paid last 24h +0.084%
Price spread now: Backpack against 01 Exchange−0.009%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$30 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BERAUSD0.22980.0240pay 0.0030% / 1h50m 47s$4K$2K5x
ShortBackpack BERA_USDC_PERP0.22980.1250get 0.0156% / 1h50m 47s$37K$149K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against 01 Exchange. 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
$212.12
Price spread: −0.009% → 0.000%
−$0.87
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Backpack: 5 bp × 2 orders
−$10
Net
$194.25
Costs to cover
0.170%
Break-even
0.6 days
Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 27 min ago. 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 01 Exchange no order-book sample
Sell Backpack live order book, 27 min ago0.22 bp9.5 bp −$10doesn't fitdoesn't fitdoesn't fit
01 Exchange: 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%1h0.2157−6.136%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0416%1h0.2298−0.005%$52K$24K20xas long as short
Coinbase International BERA-PERP-INTX−0.0296%1h0.2259−1.697%$9K$45K50xas long as short
Lighter BERA+0.0096%1h0.2298−0.022%$62K$90K5xas long as short
Aster BERAUSDT+0.0100%4h0.2297−0.035%$14K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2298+0.018%$5.6M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2294−0.174%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2294−0.174%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2295−0.131%$339K$388K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2299+0.044%$1.2M$425K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2295−0.131%$554K$225K50xas long as short
Bitget BERAUSDT+0.0100%4h0.22980.000%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2297−0.044%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2288−0.449%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.22980.000%$115K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2300+0.087%$37K$462K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2296−0.087%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2296−0.087%$374$6K5xas long as short
BloFin BERA-USDT+0.0123%4h0.2300+0.087%$290K$91K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0186%1h0.2297−0.044%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2296−0.083%$2K100xas long as short
01 Exchange BERAUSDlong+0.0240%1h0.2298long leg$4K$2K5x
Hyperliquid BERA+0.0337%1h0.2300+0.087%$2.9M$954K5xas long as short
Backpack BERA_USDC_PERPshort+0.1250%1h0.2298−0.009%$37K$149K5x