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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0896%/8h= +98.2% APRnext payment +$1.12 per $10,000 · paid last 24h +0.191%
Price spread now: GMX against Coinbase International+0.406%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and GMX is 0.406% dearer against Coinbase International than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BERA-PERP-INTX0.2259−0.0304get 0.0038% / 1h6m 49s$10K$45K50x
ShortGMX BERA/USD [ETH-USDC]0.2268L +0.0206% / S −0.0592%get 0.0074% / 1h6m 49s$2K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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
$188.26
Price spread: +0.406% → 0.000%
$40.59
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$206.85
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Coinbase International: no order-book sample; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell GMX no order-book sample
Coinbase International and GMX: 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 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%1h0.2133−5.578%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0565%1h0.2269+0.446%$51K$26K20xas long as short
Coinbase International BERA-PERP-INTXlong−0.0304%1h0.2259long leg$10K$45K50x
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2268+0.398%$4K$62K25xas long as short
01 Exchange BERAUSD+0.0056%1h0.2267+0.354%$4K$2K5xas long as short
Lighter BERA+0.0096%1h0.2267+0.341%$62K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2270+0.480%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2267+0.333%$5.5M$13.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2265+0.266%$3.1M$4.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2262+0.133%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2269+0.443%$335K$391K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2267+0.354%$1.2M$437K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2265+0.266%$549K$220K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2267+0.354%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2267+0.354%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2263+0.197%$83K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2273+0.616%$105K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280+0.930%$34K$452K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2267+0.354%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2267+0.350%$371$6K5xas long as short
BloFin BERA-USDT+0.0101%4h0.2271+0.531%$292K$88K75xas long as short
GMX BERA/USD [ETH-USDC]shortL +0.0206% / S −0.0592%1h0.2268+0.406%$2K100x
Hyperliquid BERA+0.0816%1h0.2272+0.567%$2.9M$957K5xas long as short
Backpack BERA_USDC_PERP+0.0830%1h0.2269+0.456%$38K$149K5xas long as short