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

BERA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h −0.041%
Price spread now: Deribit against Gate+0.131%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 7 days−0.520%−$52 on $10k
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 +$3 a day on $10k at the current rate, and Deribit is 0.131% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.520%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BERA_USDT0.22940.0100pay 0.0050% / 4h51m 00s$339K$388K50x
ShortDeribit BERA_USDC-PERPETUAL0.22970.0186get 0.0023% / 1h51m 00s$4K$62K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$17.96
Price spread: +0.131% → 0.000%
$13.08
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$9.04
Costs to cover
0.220%
Break-even
3.5 days
Slippage unknown: Gate: live order book, 24 min ago; Deribit: 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 Gate live order book, 24 min ago2.21 bp32.7 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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%1h0.2157−5.972%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0416%1h0.2298+0.169%$52K$24K20xas long as short
Coinbase International BERA-PERP-INTX−0.0296%1h0.2259−1.526%$9K$45K50xas long as short
Lighter BERA+0.0096%1h0.2296+0.096%$62K$90K5xas long as short
Aster BERAUSDT+0.0100%4h0.2297+0.112%$14K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2297+0.125%$5.6M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2292−0.087%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2293−0.044%$1.5M$3.2M20xas long as short
Gate BERA_USDTlong+0.0100%4h0.2294long leg$339K$388K50x
MEXC BERA_USDT+0.0100%4h0.2296+0.087%$1.2M$425K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.22940.000%$553K$225K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2295+0.044%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2295+0.044%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2288−0.275%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2298+0.174%$115K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2300+0.262%$37K$462K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2296+0.087%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2296+0.087%$374$6K5xas long as short
BloFin BERA-USDT+0.0123%4h0.2300+0.262%$290K$91K75xas long as short
Deribit BERA_USDC-PERPETUALshort+0.0186%1h0.2297+0.131%$4K$62K25x
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2296+0.092%$2K100xas long as short
01 Exchange BERAUSD+0.0240%1h0.2298+0.174%$4K$2K5xas long as short
Hyperliquid BERA+0.0343%1h0.2299+0.240%$2.9M$952K5xas long as short
Backpack BERA_USDC_PERP+0.1250%1h0.2298+0.166%$37K$149K5xas long as short