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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0610%/8h= +66.8% APRnext payment +$0.76 per $10,000 · paid last 24h −0.117%
Price spread now: Coinbase International against GMX+0.666%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 3 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 for this trade now. Funding pays +$18 a day on $10k at the current rate, and Coinbase International is 0.666% dearer against GMX than usual: you sell high and buy low: +$67 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BERA/USD [ETH-USDC]0.2285L +0.0206% / S −0.0592%pay 0.0026% / 1h19m 53s$2K100x
ShortCoinbase International BERA-PERP-INTX0.23000.0816get 0.0102% / 1h19m 53s$19K$53K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. 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
$128.07
Price spread: +0.666% → 0.000%
$66.57
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$172.64
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Coinbase International: 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 GMX no order-book sample
Sell Coinbase International no order-book sample
GMX and 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%1h0.2151−5.856%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1280%1h0.2283−0.091%$51K$21K20xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2284−0.035%$9K$45K25xas long as short
Orderly PERP_BERA_USDC+0.0080%4h0.2284−0.035%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2285−0.008%$64K$74K5xas long as short
Hyperliquid BERA+0.0100%1h0.2286+0.044%$2.9M$589K5xas long as short
Aster BERAUSDT+0.0100%4h0.2284−0.029%$13K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.2284−0.035%$5.5M$9.3M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2280−0.210%$3.1M$2.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2282−0.122%$1.4M$1.9M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2282−0.122%$344K$271K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2283−0.078%$1.2M$322K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2285+0.009%$550K$128K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2283−0.078%$1.5M$780K50xas long as short
BingX BERA-USDT+0.0100%4h0.2284−0.035%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2285−0.008%$25K$204K5xas long as short
Variational Omni BERA+0.0100%4h0.2281−0.161%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2291+0.272%$114K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2290+0.228%$36K$482K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2284−0.035%$368$6K5xas long as short
01 Exchange BERAUSD+0.0128%1h0.2285+0.009%$3K$8645xas long as short
BloFin BERA-USDT+0.0132%4h0.2285+0.009%$281K$75K75xas long as short
GMX BERA/USD [ETH-USDC]longL +0.0206% / S −0.0592%1h0.2285long leg$2K100x
Coinbase International BERA-PERP-INTXshort+0.0816%1h0.2300+0.666%$19K$53K50x