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

BERA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget0.000%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1951.951% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now 0.000%, 7d avg +0.019%
Together, before fees−0.055%−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BERAUSDT0.22840.0100pay 0.0050% / 4h20m 48s$1.5M$780K50x
ShortKuCoin BERAUSDTM0.22840.0100get 0.0050% / 4h20m 48s$550K$128K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$0
Price spread: 0.000% → +0.019%
−$1.88
Slippage, 4 orders
−$171.09
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$196.96
Costs to cover
1.951%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago6.57 bp26.4 bp −$26100.8 bp −$1,008doesn't fitdoesn't fit
Sell KuCoin live order book, 13 min ago17.45 bp48.3 bp −$48159.1 bp −$1,591doesn't fitdoesn't fit

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%1h0.2151−5.823%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1280%1h0.2282−0.068%$51K$21K20xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.22840.000%$9K$45K25xas long as short
Orderly PERP_BERA_USDC+0.0082%4h0.22840.000%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2283−0.044%$64K$74K5xas long as short
Hyperliquid BERA+0.0100%1h0.2286+0.066%$2.9M$589K5xas long as short
Aster BERAUSDT+0.0100%4h0.2285+0.027%$13K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.2283−0.044%$5.5M$9.3M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2280−0.175%$3.1M$2.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2280−0.175%$1.4M$1.9M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2282−0.088%$344K$271K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2283−0.044%$1.2M$321K20xas long as short
KuCoin BERAUSDTMshort+0.0100%4h0.22840.000%$550K$128K50x
Bitget BERAUSDTlong+0.0100%4h0.2284long leg$1.5M$780K50x
BingX BERA-USDT+0.0100%4h0.22840.000%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2283−0.061%$25K$204K5xas long as short
Variational Omni BERA+0.0100%4h0.2281−0.127%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2291+0.306%$114K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290+0.263%$36K$482K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2282−0.088%$368$6K5xas long as short
01 Exchange BERAUSD+0.0128%1h0.2285+0.044%$3K$8645xas long as short
BloFin BERA-USDT+0.0132%4h0.2285+0.044%$281K$75K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2285+0.033%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0816%1h0.2300+0.701%$19K$53K50xas long as short