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+0.0464%/8h= +50.9% APRnext payment +$0.58 per $10,000 · paid last 24h +0.148%
Price spread now: GMX against 01 Exchange+0.055%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 +$14 a day on $10k at the current rate, and GMX is 0.055% dearer against 01 Exchange than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BERAUSD0.22690.0128pay 0.0016% / 1h30m 23s$3K$8645x
ShortGMX BERA/USD [ETH-USDC]0.2270L +0.0206% / S −0.0592%get 0.0074% / 1h30m 23s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$97.54
Price spread: +0.055% → 0.000%
$5.46
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$84.01
Costs to cover
0.190%
Break-even
1.0 days
Slippage unknown: 01 Exchange: no order-book sample; GMX: 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 GMX no order-book sample
01 Exchange and GMX: 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%1h0.2135−5.906%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0770%1h0.2268−0.038%$51K$25K20xas long as short
Lighter BERA+0.0096%1h0.22690.000%$64K$73K5xas long as short
Orderly PERP_BERA_USDC+0.0097%4h0.2268−0.044%$9K$78710xas long as short
Aster BERAUSDT+0.0100%4h0.2271+0.081%$15K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.2270+0.059%$5.3M$9.7M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2267−0.088%$3.0M$2.3M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2268−0.044%$1.4M$2.0M20xas long as short
Gate BERA_USDT+0.0100%4h0.2271+0.088%$355K$260K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2271+0.088%$1.2M$345K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.22690.000%$549K$130K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2271+0.088%$1.5M$771K50xas long as short
BingX BERA-USDT+0.0100%4h0.2267−0.088%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2269+0.013%$26K$151K5xas long as short
Variational Omni BERA+0.0100%4h0.2264−0.214%$83K$51Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2274+0.220%$106K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270+0.044%$39K$454K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2267−0.088%$367$6K5xas long as short
01 Exchange BERAUSDlong+0.0128%1h0.2269long leg$3K$8645x
BloFin BERA-USDT+0.0158%4h0.2271+0.088%$280K$70K75xas long as short
Coinbase International BERA-PERP-INTX+0.0160%1h0.2302+1.454%$20K$61K50xas long as short
Deribit BERA_USDC-PERPETUAL+0.0191%1h0.2268−0.044%$9K$51K25xas long as short
GMX BERA/USD [ETH-USDC]shortL +0.0206% / S −0.0592%1h0.2270+0.055%$2K100x
Hyperliquid BERA+0.0336%1h0.2274+0.220%$2.9M$597K5xas long as short