BERA

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.096%

7d average—if it closes, per $10,000$10funding while held, a day−$11.76

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack BERA_USDC_PERP	0.2292	0.0469	pay 0.0059% / 1h	31m 38s	$37K	$156K	5x
Short	Orderly PERP_BERA_USDC	0.2290	0.0077	get 0.0038% / 4h	3h 31m	$9K	$1K	10x

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 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee BackpackbpFee OrderlybpOrdersClose when spread is

Spread captured: −$9.6
Funding while held: −$11.76
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$37.36
Spread needed to break even: 0.160%

Slippage unknown: Backpack: live order book, 13 min ago; Orderly: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0392%
Per $10,000 a day: −$11.76
Average in range /8h: —

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Backpack live order book, 13 min ago	0.87 bp	10.1 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 price on every exchange

against the cheapest. Click to use as the short leg.

BERA on 23 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective BERA/USDC PERP	−1.492%	−0.3272%	1h	$2K	$63K	12x	as long as short
Coinbase International BERA-PERP-INTX	−0.794%	−0.0520%	1h	$9K	$110K	50x	as long as short
Kraken Futures PF_BERAUSD	−0.275%	+4.0054%	1h	$54K	$18K	20x	as long as short
SoDEX BERA-USD	−0.100%	+0.0100%	1h	$378	$6K	5x	as long as short
Bybit BERAUSDT	−0.096%	+0.0100%	4h	$3.1M	$4.7M	25x	as long as short
Orderly PERP_BERA_USDCshort	−0.096%	+0.0077%	4h	$9K	$1K	10x
Variational Omni BERA	−0.057%	+0.0100%	4h	$86K	$44K	—	as long as short
Gate BERA_USDT	−0.052%	+0.0100%	4h	$342K	$433K	50x	as long as short
MEXC BERA_USDT	−0.052%	+0.0100%	4h	$1.2M	$462K	20x	as long as short
KuCoin BERAUSDTM	−0.052%	+0.0100%	4h	$589K	$240K	50x	as long as short

Show all 23 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
BingX BERA-USDT	−0.052%	+0.0100%	4h	—	$6.6M	—	as long as short
Deribit BERA_USDC-PERPETUAL	−0.052%	+0.0187%	1h	$4K	$64K	25x	as long as short
BloFin BERA-USDT	−0.052%	+0.0060%	4h	$310K	$103K	75x	as long as short
Aster BERAUSDT	−0.048%	+0.0100%	4h	$14K	$31K	5x	as long as short
GMX BERA/USD [ETH-USDC]	−0.044%	L +0.0206% / S −0.0592%	1h	$2K	—	100x	as long as short
Binance BERAUSDT	−0.012%	+0.0100%	4h	$5.6M	$14.7M	50x	as long as short
Bitget BERAUSDT	−0.009%	+0.0100%	4h	$1.5M	$1.1M	50x	as long as short
Backpack BERA_USDC_PERPlong	0.000%	+0.0469%	1h	$37K	$156K	5x
OKX BERA-USDT-SWAP	+0.079%	+0.0100%	4h	$1.5M	$3.7M	20x	as long as short
01 Exchange BERAUSD	+0.122%	−0.0080%	1h	$4K	$5K	5x	as long as short
Lighter BERA	+0.175%	+0.0096%	1h	$67K	$93K	5x	as long as short
Hyperliquid BERA	+0.214%	+0.0100%	1h	$3.0M	$1.5M	5x	as long as short
ApeX Omni BERAUSDT	+0.340%	+0.0100%	1h	$44K	$466K	50x	as long as short