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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0932%/8h= −102.1% APRnext payment $1.17 per $10,000 · paid last 24h +0.055%
Price spread now: SoDEX against Coinbase International−0.334%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 4 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 against this trade now: funding costs −$28 a day on $10k at the current rate, and SoDEX is 0.334% cheaper against Coinbase International than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BERA-PERP-INTX0.22470.1032pay 0.0129% / 1h7m 45s$16K$49K50x
ShortSoDEX BERA-USD0.22400.0100get 0.0013% / 1h7m 45s$349$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$195.72
Price spread: −0.334% → 0.000%
−$33.38
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$247.1
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Coinbase International and SoDEX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BERAUSD−0.0825%1h0.2247−0.012%$50K$33K20xas long as short
01 Exchange BERAUSD−0.0648%1h0.2238−0.401%$3K$8505xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2240−0.312%$1K$36K25xas long as short
Orderly PERP_BERA_USDC+0.0075%4h0.2239−0.356%$8K$54010xas long as short
Lighter BERA+0.0096%1h0.2240−0.329%$64K$80K5xas long as short
Hyperliquid BERA+0.0100%1h0.2240−0.289%$2.4M$1.0M5xas long as short
Aster BERAUSDT+0.0100%4h0.2239−0.350%$13K$19K5xas long as short
Binance BERAUSDT+0.0100%4h0.2239−0.356%$5.2M$8.6M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2238−0.401%$2.9M$1.9M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2238−0.401%$1.3M$1.9M20xas long as short
Show all 24 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2239−0.356%$321K$263K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2239−0.356%$1.2M$301K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2239−0.356%$521K$143K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2240−0.312%$1.4M$814K50xas long as short
BingX BERA-USDT+0.0100%4h0.2240−0.312%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2240−0.307%$25K$216K5xas long as short
Variational Omni BERA+0.0100%4h0.2235−0.537%$80K$51Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2240−0.313%$113K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2240−0.312%$38K$487K50xas long as short
SoDEX BERA-USDshort+0.0100%1h0.2240−0.334%$349$6K5x
BloFin BERA-USDT+0.0137%4h0.2238−0.401%$264K$77K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0205% / S −0.0592%1h0.2236−0.487%$2K100xas long as short
Coinbase International BERA-PERP-INTXlong+0.1032%1h0.2247long leg$16K$49K50x
Injective BERA/USDC PERP+0.5000%1h0.2100−6.542%$2K$4K12xas long as short