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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.5184%/8h= +567.6% APRnext payment +$6.48 per $10,000 · paid last 24h +0.903%
Price spread now: 01 Exchange against Injective+6.162%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 +$156 a day on $10k at the current rate, and 01 Exchange is 6.162% dearer against Injective than usual: you sell high and buy low: +$616 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BERA/USDC PERP0.2142−0.5000get 0.0625% / 1h24m 40s$2K$5K12x
Short01 Exchange BERAUSD0.22740.0184get 0.0023% / 1h24m 40s$4K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Injective. 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
$1,088.64
Price spread: +6.162% → 0.000%
$616.25
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$1,697.87
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 01 Exchange: 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 Injective no order-book sample
Sell 01 Exchange no order-book sample
Injective and 01 Exchange: 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 PERPlong−0.5000%1h0.2142long leg$2K$5K12x
Kraken Futures PF_BERAUSD−0.0421%1h0.2275+6.232%$51K$24K20xas long as short
Coinbase International BERA-PERP-INTX−0.0296%1h0.2272+6.069%$10K$45K50xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2276+6.256%$4K$62K25xas long as short
Variational Omni BERA+0.0095%4h0.2274+6.174%$84K$49Kas long as short
Lighter BERA+0.0096%1h0.2274+6.181%$62K$90K5xas long as short
Aster BERAUSDT+0.0100%4h0.2277+6.309%$13K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2275+6.210%$5.5M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2271+6.022%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2271+6.022%$1.5M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2279+6.396%$337K$390K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2276+6.256%$1.3M$434K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2274+6.162%$544K$227K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2277+6.303%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2275+6.209%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2285+6.677%$107K$2.8M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280+6.443%$37K$460K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2276+6.256%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2275+6.214%$367$6K5xas long as short
BloFin BERA-USDT+0.0111%4h0.2276+6.256%$293K$84K75xas long as short
01 Exchange BERAUSDshort+0.0184%1h0.2274+6.162%$4K$2K5x
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2274+6.183%$2K100xas long as short
Hyperliquid BERA+0.0448%1h0.2278+6.331%$2.9M$953K5xas long as short
Backpack BERA_USDC_PERP+0.0780%1h0.2276+6.261%$37K$147K5xas long as short