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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against Bybit0.000%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2242.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now 0.000%, 7d avg +0.079%
Together, before fees−0.111%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.079% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BERAUSDT0.22660.0100pay 0.0050% / 4h1h 49m$3.1M$4.1M25x
ShortKuCoin BERAUSDTM0.22660.0100get 0.0050% / 4h1h 49m$549K$218K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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% → +0.079%
−$7.94
Slippage, 4 orders
−$201.26
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$232.2
Costs to cover
2.243%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 23 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 Bybit live order book, 3 min ago2.21 bp24.2 bp −$2475.3 bp −$753doesn't fitdoesn't fit
Sell KuCoin live order book, 23 min ago11.04 bp91.9 bp −$92177.6 bp −$1,776doesn'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%1h0.2136−5.737%$2K$4K12xas long as short
Coinbase International BERA-PERP-INTX−0.0320%1h0.2259−0.309%$10K$45K50xas long as short
Kraken Futures PF_BERAUSD0.0000%1h0.2271+0.214%$51K$26K20xas long as short
BloFin BERA-USDT+0.0051%4h0.2271+0.221%$289K$87K75xas long as short
Lighter BERA+0.0096%1h0.2271+0.203%$63K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2271+0.235%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2272+0.258%$5.5M$13.6M50xas long as short
Bybit BERAUSDTlong+0.0100%4h0.2266long leg$3.1M$4.1M25x
OKX BERA-USDT-SWAP+0.0100%4h0.2267+0.044%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2268+0.088%$335K$391K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2270+0.177%$1.2M$431K20xas long as short
KuCoin BERAUSDTMshort+0.0100%4h0.22660.000%$549K$218K50x
Bitget BERAUSDT+0.0100%4h0.2271+0.221%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2270+0.177%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2263−0.119%$83K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2271+0.200%$105K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270+0.177%$32K$454K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2271+0.221%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2271+0.212%$372$6K5xas long as short
01 Exchange BERAUSD+0.0168%1h0.2270+0.177%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0191%1h0.2271+0.221%$4K$62K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2270+0.180%$2K100xas long as short
Hyperliquid BERA+0.0944%1h0.2274+0.353%$2.9M$961K5xas long as short
Backpack BERA_USDC_PERP+0.0978%1h0.2272+0.247%$37K$149K5xas long as short