Funding arb · Price arb /

BERA

all BERA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Gate−0.088%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1031.029% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.088%, 7d avg +0.001%

Together, before fees+0.030%+$3 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: MEXC is 0.090% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BERA_USDT	0.2262	0.0100	pay 0.0050% / 4h	2h 20m	$338K	$387K	50x
Short	MEXC BERA_USDT	0.2260	0.0100	get 0.0050% / 4h	2h 20m	$1.2M	$446K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now −0.088%Rate

Funding earned: $0
Price spread: −0.088% → +0.001%: −$8.95
Slippage, 4 orders: −$79.86
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$111.81
Costs to cover: 1.029%
Break-even: never at this rate

Slippage from Gate: live order book, 45 min ago; MEXC: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 45 min ago	4.39 bp	35.0 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	2.21 bp	12.4 bp −$12	33.7 bp −$337	246.5 bp −$24.6K	doesn't fit

BERA on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BERA/USDC PERP	−0.5000%	1h	0.2133	−5.703%	$2K	$5K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.1061%	1h	0.2259	−0.133%	$51K	$25K	20x	as long as short
Coinbase International BERA-PERP-INTX	−0.0280%	1h	0.2234	−1.238%	$15K	$51K	50x	as long as short
Variational Omni BERA	+0.0067%	4h	0.2263	+0.026%	$83K	$48K	—	as long as short
Lighter BERA	+0.0096%	1h	0.2260	−0.102%	$61K	$89K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2262	+0.021%	$15K	$26K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2261	−0.044%	$5.4M	$13.9M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2258	−0.177%	$3.0M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2258	−0.177%	$1.5M	$3.2M	20x	as long as short
Gate BERA_USDTlong	+0.0100%	4h	0.2262	long leg	$338K	$387K	50x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BERA_USDTshort	+0.0100%	4h	0.2260	−0.088%	$1.2M	$446K	20x
KuCoin BERAUSDTM	+0.0100%	4h	0.2262	0.000%	$538K	$229K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2260	−0.088%	$1.4M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2263	+0.044%	—	$6.6M	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2270	+0.354%	$32K	$460K	50x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2260	−0.088%	$9K	$883	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2259	−0.133%	$364	$6K	5x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2258	−0.176%	$2K	—	100x	as long as short
Hyperliquid BERA	+0.0339%	1h	0.2264	+0.075%	$2.9M	$923K	5x	as long as short
01 Exchange BERAUSD	+0.0456%	1h	0.2261	−0.044%	$3K	$3K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0484%	4h	0.2271	+0.398%	$111K	$3.1M	10x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0636%	1h	0.2260	−0.088%	$4K	$56K	25x	as long as short
Backpack BERA_USDC_PERP	+0.1114%	1h	0.2263	+0.035%	$41K	$167K	5x	as long as short