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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.06 per $10,000 · paid last 24h −0.029%
Price spread now: Bitget against BloFin−0.305%95s7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$720.720% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 3 days (all we have)+0.224%+$22 · spread now −0.305%, 7d avg −0.062%
Together, before fees+0.183%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.243% cheaper against BloFin than usual: you would sell low and buy high (spread −0.305% now, against its 7-day average of −0.062%). If the spread goes back, that is −$24 on $10k: about 2 months of funding at the current rate ($0 a day). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BERA-USDT0.22960.0089pay 0.0044% / 4h3h 07m$292K$90K75x
ShortBitget BERAUSDT0.22890.0100get 0.0050% / 4h3h 07m$1.4M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$2.34
Price spread: −0.305% → −0.062%
−$24.27
Slippage, 4 orders
−$47.98
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$93.91
Costs to cover
0.720%
Break-even
288.0 days
Slippage from BloFin: live order book, 59 min ago; Bitget: live order book, 4 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 BloFin live order book, 59 min ago2.19 bp20.5 bp −$2039.7 bp −$397doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago6.56 bp22.2 bp −$2292.3 bp −$923doesn'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%1h0.2159−5.967%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0526%1h0.2289−0.287%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2276−0.871%$9K$45K50xas long as short
Variational Omni BERA−0.0118%4h0.2284−0.517%$84K$49Kas long as short
BloFin BERA-USDTlong+0.0089%4h0.2296long leg$292K$90K75x
Lighter BERA+0.0096%1h0.2290−0.257%$62K$90K5xas long as short
Aster BERAUSDT+0.0100%4h0.2289−0.287%$14K$24K5xas long as short
Binance BERAUSDT+0.0100%4h0.2290−0.261%$5.6M$13.4M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2286−0.436%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2286−0.436%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2289−0.305%$340K$376K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2290−0.261%$1.2M$447K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2289−0.305%$544K$227K50xas long as short
Bitget BERAUSDTshort+0.0100%4h0.2289−0.305%$1.4M$1.0M50x
BingX BERA-USDT+0.0100%4h0.2288−0.348%$6.6Mas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290−0.261%$32K$457K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2289−0.305%$9K$68610xas long as short
SoDEX BERA-USD+0.0100%1h0.2290−0.261%$373$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0187%1h0.2291−0.218%$4K$56K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2290−0.278%$2K100xas long as short
01 Exchange BERAUSD+0.0208%1h0.2289−0.305%$4K$2K5xas long as short
Hyperliquid BERA+0.0239%1h0.2294−0.087%$2.9M$902K5xas long as short
GRVT BERA_USDT_Perp+0.0254%4h0.2292−0.175%$115K$2.9M10xas long as short
Backpack BERA_USDC_PERP+0.0717%1h0.2291−0.218%$37K$149K5xas long as short