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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.015%
Price spread now: Deribit against 01 Exchange+0.132%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 3 days (all we have)no history yet
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 +$1 a day on $10k at the current rate, and Deribit is 0.132% dearer against 01 Exchange than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BERAUSD0.22760.0152pay 0.0019% / 1h31m 57s$4K$2K5x
ShortDeribit BERA_USDC-PERPETUAL0.22790.0189get 0.0024% / 1h31m 57s$4K$58K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$7.77
Price spread: +0.132% → 0.000%
$13.18
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$6.95
Costs to cover
0.140%
Break-even
0.7 days
Slippage unknown: 01 Exchange: no order-book sample; Deribit: 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 01 Exchange no order-book sample
Sell Deribit no order-book sample
01 Exchange and Deribit: 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%1h0.2144−5.800%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0529%1h0.2277+0.043%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2265−0.483%$9K$44K50xas long as short
Bybit BERAUSDT−0.0284%4h0.22760.000%$3.1M$4.1M25xas long as short
Variational Omni BERA−0.0195%4h0.2277+0.028%$84K$49Kas long as short
Lighter BERA+0.0096%1h0.2277+0.035%$62K$90K5xas long as short
OKX BERA-USDT-SWAP+0.0098%4h0.2277+0.044%$1.5M$3.2M20xas long as short
Hyperliquid BERA+0.0100%1h0.2283+0.286%$2.9M$924K5xas long as short
Aster BERAUSDT+0.0100%4h0.2276+0.012%$13K$24K5xas long as short
Binance BERAUSDT+0.0100%4h0.2279+0.118%$5.6M$13.6M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2277+0.044%$338K$375K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2278+0.088%$1.3M$437K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2274−0.088%$541K$229K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2277+0.044%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.22760.000%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2284+0.351%$112K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280+0.176%$32K$457K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2277+0.044%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2277+0.053%$369$6K5xas long as short
BloFin BERA-USDT+0.0140%4h0.2279+0.132%$289K$90K75xas long as short
01 Exchange BERAUSDlong+0.0152%1h0.2276long leg$4K$2K5x
Deribit BERA_USDC-PERPETUALshort+0.0189%1h0.2279+0.132%$4K$58K25x
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2277+0.064%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0455%1h0.2280+0.193%$37K$149K5xas long as short