data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

BERA

all BERA markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.048%7d average+0.027%fees + slippage, in and out−$58spread needed0.578%
Long on BackpackShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack BERA_USDC_PERP0.22930.0463pay 0.0058% / 1h39m 12s$39K$157K5x
ShortHyperliquid BERA0.22920.0100get 0.0013% / 1h39m 12s$3.0M$1.5M5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$4.8
Funding while held
−$10.89
Slippage, 4 orders
−$38.79
Fee Backpack: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$73.47
Spread needed to break even
0.578%
Slippage from Backpack: live order book, 60 min ago; Hyperliquid: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
−0.0363%
Per $10,000 a day
−$10.89
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 60 min ago1.54 bp14.4 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago0.87 bp17.7 bp −$18doesn't fitdoesn't fitdoesn't fit

BERA price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.2244cheapestApeX Omni0.2280+1.604%Kraken Futures0.2281+1.633%Coinbase International0.2285+1.827%Variational Omni0.2285+1.832%01 Exchange0.2288+1.961%KuCoin0.2288+1.961%BloFin0.2288+1.961%Bybit0.2289+2.005%OKX0.2289+2.005%Gate0.2289+2.005%Bitget0.2289+2.005%Aster0.2289+2.006%Binance0.2290+2.029%Orderly0.2290+2.050%GMX0.2290+2.055%Lighter0.2291+2.077%MEXC0.2291+2.094%BingX0.2291+2.094%Deribit0.2291+2.094%SoDEX0.2292+2.135%
Hyperliquid0.2292+2.143%
Backpack0.2293+2.193%

BERA on 23 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BERA/USDC PERP−2.145%−0.4400%1h$2K$47K12xas long as short
ApeX Omni BERAUSDT−0.576%+0.0100%1h$35K$471K50xas long as short
Kraken Futures PF_BERAUSD−0.548%+3.9778%1h$51K$23K20xas long as short
Coinbase International BERA-PERP-INTX−0.358%−0.0376%1h$10K$83K50xas long as short
Variational Omni BERA−0.353%+0.0100%4h$84K$45K—as long as short
01 Exchange BERAUSD−0.227%−0.0072%1h$4K$5K5xas long as short
KuCoin BERAUSDTM−0.227%+0.0100%4h$574K$226K50xas long as short
BloFin BERA-USDT−0.227%+0.0152%4h$302K$99K75xas long as short
Bybit BERAUSDT−0.183%+0.0100%4h$3.1M$4.4M25xas long as short
OKX BERA-USDT-SWAP−0.183%+0.0100%4h$1.5M$3.5M20xas long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate BERA_USDT−0.183%+0.0100%4h$343K$416K50xas long as short
Bitget BERAUSDT−0.183%+0.0100%4h$1.5M$1.1M50xas long as short
Aster BERAUSDT−0.183%+0.0100%4h$13K$27K5xas long as short
Binance BERAUSDT−0.160%+0.0100%4h$5.6M$14.3M50xas long as short
Orderly PERP_BERA_USDC−0.140%+0.0089%4h$9K$1K10xas long as short
GMX BERA/USD [ETH-USDC]−0.134%L +0.0206% / S −0.0592%1h$2K—100xas long as short
Lighter BERA−0.113%+0.0096%1h$67K$87K5xas long as short
MEXC BERA_USDT−0.096%+0.0100%4h$1.2M$446K20xas long as short
BingX BERA-USDT−0.096%+0.0100%4h—$6.6M—as long as short
Deribit BERA_USDC-PERPETUAL−0.096%+0.0187%1h$4K$64K25xas long as short
SoDEX BERA-USD−0.057%+0.0100%1h$376$6K5xas long as short
Hyperliquid BERAshort−0.048%+0.0100%1h$3.0M$1.5M5x
Backpack BERA_USDC_PERPlong0.000%+0.0463%1h$39K$157K5x