Spread before costs (cost unknown: a leg has no order-book sample)+0.491%
7d average−0.003%if it closes, per $10,000$49funding while held, a day+$25.71
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BERA-PERP-INTX | 0.2259 | −0.0376 | get 0.0047% / 1h | 58m 14s | $10K | $83K | 50x |
| Short | Backpack BERA_USDC_PERP | 0.2270 | 0.0481 | get 0.0060% / 1h | 58m 14s | $39K | $157K | 5x |
Coinbase International BERA-PERP-INTX
Backpack BERA_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $49.14
- Funding while held
- $25.71
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $54.85
- Spread needed to break even
- 0.200%
Slippage unknown: Coinbase International: no order-book sample; Backpack: live order book, 41 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0857%
- Per $10,000 a day
- +$25.71
- 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 41 min ago | 1.54 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: 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.Kraken Futures0.2245cheapest
Kraken FuturesCoinbase International0.2259+0.609%
01 Exchange0.2263+0.787%Variational Omni0.2263+0.797%Bybit0.2265+0.876%OKX0.2265+0.876%Gate0.2265+0.876%KuCoin0.2265+0.876%Lighter0.2266+0.921%MEXC0.2266+0.921%Bitget0.2266+0.921%BingX0.2266+0.921%SoDEX0.2267+0.952%GMX0.2267+0.964%Binance0.2268+1.010%Orderly0.2268+1.010%Deribit0.2268+1.010%BloFin0.2268+1.010%Hyperliquid0.2268+1.032%ApeX Omni0.2270+1.099%Injective0.2270+1.099%Aster0.2270+1.101%
Variational Omni
Bybit
OKX
Gate
KuCoin
Lighter
MEXC
Bitget
BingX
SoDEX
GMX
Binance
Orderly
Deribit
BloFin
Hyperliquid
ApeX Omni
Injective
AsterBackpack0.2270+1.104%
BERA on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BERAUSD | −0.606% | +4.0404% | 1h | $51K | $22K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXlong | 0.000% | −0.0376% | 1h | $10K | $83K | 50x | |
| 01 Exchange BERAUSD | +0.177% | −0.0192% | 1h | $4K | $5K | 5x | as long as short |
| Variational Omni BERA | +0.187% | +0.0100% | 4h | $84K | $45K | — | as long as short |
| Bybit BERAUSDT | +0.266% | +0.0100% | 4h | $3.0M | $4.5M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.266% | +0.0100% | 4h | $1.5M | $3.5M | 20x | as long as short |
| Gate BERA_USDT | +0.266% | +0.0100% | 4h | $338K | $413K | 50x | as long as short |
| KuCoin BERAUSDTM | +0.266% | +0.0100% | 4h | $568K | $228K | 50x | as long as short |
| Lighter BERA | +0.310% | +0.0096% | 1h | $66K | $87K | 5x | as long as short |
| MEXC BERA_USDT | +0.310% | +0.0100% | 4h | $1.2M | $442K | 20x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget BERAUSDT | +0.310% | +0.0100% | 4h | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.310% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| SoDEX BERA-USD | +0.341% | +0.0100% | 1h | $372 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | +0.353% | L +0.0206% / S −0.0592% | 1h | $2K | — | 100x | as long as short |
| Binance BERAUSDT | +0.398% | +0.0100% | 4h | $5.5M | $14.3M | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.398% | +0.0084% | 4h | $9K | $1K | 10x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.398% | +0.0191% | 1h | $4K | $64K | 25x | as long as short |
| BloFin BERA-USDT | +0.398% | +0.0074% | 4h | $306K | $90K | 75x | as long as short |
| Hyperliquid BERA | +0.421% | +0.0100% | 1h | $2.9M | $1.5M | 5x | as long as short |
| ApeX Omni BERAUSDT | +0.487% | +0.0100% | 1h | $39K | $467K | 50x | as long as short |
| Injective BERA/USDC PERP | +0.487% | −0.4400% | 1h | $2K | $47K | 12x | as long as short |
| Aster BERAUSDT | +0.489% | +0.0100% | 4h | $14K | $27K | 5x | as long as short |
| Backpack BERA_USDC_PERPshort | +0.491% | +0.0481% | 1h | $39K | $157K | 5x |