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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate−0.054%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1121.123% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.293%+$29 · spread now −0.054%, 7d avg +0.011%
Together, before fees+0.294%+$29 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: Binance is 0.065% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BERA_USDT0.23080.0100pay 0.0050% / 4h3h 56m$375K$269K50x
ShortBinance BERAUSDT0.23070.0100get 0.0050% / 4h3h 56m$5.4M$12.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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: −0.054% → +0.011%
−$6.5
Slippage, 4 orders
−$87.29
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$118.79
Costs to cover
1.123%
Break-even
never at this rate
Slippage from Gate: live order book, 58 min ago; Binance: live order book, 14 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 Gate live order book, 58 min ago4.34 bp38.9 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 14 min ago2.16 bp21.1 bp −$2157.8 bp −$578doesn'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%1h0.2171−5.936%$2K$3K12xas long as short
Kraken Futures PF_BERAUSD−0.1521%1h0.2308−0.019%$52K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2306−0.087%$14K$52K50xas long as short
Lighter BERA+0.0096%1h0.2306−0.065%$62K$77K5xas long as short
Hyperliquid BERA+0.0100%1h0.2310+0.069%$2.9M$697K5xas long as short
Aster BERAUSDT+0.0100%4h0.2308+0.002%$15K$27K5xas long as short
Binance BERAUSDTshort+0.0100%4h0.2307−0.054%$5.4M$12.7M50x
Bybit BERAUSDT+0.0100%4h0.2303−0.217%$3.1M$3.5M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2303−0.217%$1.5M$2.7M20xas long as short
Gate BERA_USDTlong+0.0100%4h0.2308long leg$375K$269K50x
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2306−0.087%$1.2M$378K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2306−0.087%$552K$220K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2306−0.087%$1.5M$950K50xas long as short
BingX BERA-USDT+0.0100%4h0.2305−0.130%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2306−0.069%$28K$158K5xas long as short
Variational Omni BERA+0.0100%4h0.2305−0.126%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.23080.000%$109K$3.2M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2310+0.087%$51K$440K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2306−0.087%$9K$93710xas long as short
SoDEX BERA-USD+0.0100%1h0.2306−0.082%$371$6K5xas long as short
BloFin BERA-USDT+0.0120%4h0.2306−0.087%$283K$76K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0179% / S −0.0067%1h0.2305−0.137%$4K100xas long as short
Deribit BERA_USDC-PERPETUAL+0.0184%1h0.2306−0.087%$3K$45K25xas long as short
01 Exchange BERAUSD+0.0232%1h0.2306−0.087%$3K$3K5xas long as short