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+0.0404%/8h= +44.2% APRpaid last 24h +0.105%
Price spread now: OKX against Coinbase International−0.174%7-day average · you buy dearer than you sell
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 7 days+0.156%+$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. OKX is 0.174% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.174% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 34 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.156% in total) that is about 7.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.156% in total (about 8.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BERA-PERP-INTX0.2300−0.0304get 0.0038% / 1h26m 04s$21K$60K50x
ShortOKX BERA-USDT-SWAP0.22960.0100get 0.0050% / 4h3h 26m$1.5M$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$84.84
Price spread: −0.174% → 0.000%
−$17.39
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$47.45
Costs to cover
0.200%
Break-even
3.1 days
Slippage unknown: Coinbase International: no order-book sample; OKX: live order book, 1 min ago. 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 OKX live order book, 1 min ago4.36 bp22.2 bp −$22239.9 bp −$2,399doesn't fitdoesn'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 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%1h0.2166−5.826%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1527%1h0.2299−0.026%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTXlong−0.0304%1h0.2300long leg$21K$60K50x
BloFin BERA-USDT+0.0043%4h0.2298−0.087%$282K$77K75xas long as short
Lighter BERA+0.0096%1h0.2299−0.043%$65K$84K5xas long as short
Hyperliquid BERA+0.0100%1h0.2303+0.148%$2.9M$626K5xas long as short
Aster BERAUSDT+0.0100%4h0.2299−0.030%$15K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2299−0.043%$5.5M$10.3M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2295−0.217%$3.1M$2.6M25xas long as short
OKX BERA-USDT-SWAPshort+0.0100%4h0.2296−0.174%$1.5M$2.2M20x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2299−0.043%$371K$275K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2298−0.087%$1.2M$380K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2298−0.087%$551K$201K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2298−0.087%$1.5M$807K50xas long as short
BingX BERA-USDT+0.0100%4h0.2297−0.130%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2298−0.070%$29K$153K5xas long as short
Variational Omni BERA+0.0100%4h0.2295−0.236%$84K$52Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2307+0.304%$115K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2310+0.435%$48K$428K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2299−0.043%$9K$93710xas long as short
SoDEX BERA-USD+0.0100%1h0.2298−0.065%$372$6K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0168% / S −0.0060%1h0.2299−0.054%$4K100xas long as short
01 Exchange BERAUSD+0.0168%1h0.2297−0.130%$3K$8725xas long as short
Deribit BERA_USDC-PERPETUAL+0.0185%1h0.2299−0.043%$3K$45K25xas long as short