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 KuCoin+0.051%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1811.810% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.051%, 7d avg +0.020%
Together, before fees+0.085%+$8 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 0.032% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BERAUSDTM0.23030.0100pay 0.0050% / 4h1h 01m$554K$133K50x
ShortBinance BERAUSDT0.23040.0100get 0.0050% / 4h1h 01m$5.5M$9.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: +0.051% → +0.020%
$3.16
Slippage, 4 orders
−$159.03
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$177.88
Costs to cover
1.810%
Break-even
never at this rate
Slippage from KuCoin: live order book, 42 min ago; Binance: live order book, 8 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 KuCoin live order book, 42 min ago17.46 bp76.0 bp −$76155.9 bp −$1,559doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago2.16 bp16.6 bp −$1745.9 bp −$459doesn'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%1h0.2171−5.732%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1549%1h0.2305+0.067%$52K$21K20xas long as short
BloFin BERA-USDT+0.0054%4h0.2310+0.304%$281K$76K75xas long as short
Orderly PERP_BERA_USDC+0.0090%4h0.2304+0.043%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2304+0.048%$65K$73K5xas long as short
Hyperliquid BERA+0.0100%1h0.2307+0.169%$2.9M$591K5xas long as short
Aster BERAUSDT+0.0100%4h0.2305+0.095%$13K$23K5xas long as short
Binance BERAUSDTshort+0.0100%4h0.2304+0.051%$5.5M$9.5M50x
Bybit BERAUSDT+0.0100%4h0.2302−0.043%$3.1M$2.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.23030.000%$1.4M$2.0M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2302−0.043%$348K$272K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2305+0.087%$1.3M$333K20xas long as short
KuCoin BERAUSDTMlong+0.0100%4h0.2303long leg$554K$133K50x
Bitget BERAUSDT+0.0100%4h0.2306+0.130%$1.5M$790K50xas long as short
BingX BERA-USDT+0.0100%4h0.2302−0.043%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2305+0.074%$24K$204K5xas long as short
Variational Omni BERA+0.0100%4h0.2310+0.308%$85K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2314+0.495%$116K$3.0M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2310+0.304%$51K$471K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2304+0.030%$371$6K5xas long as short
01 Exchange BERAUSD+0.0128%1h0.23030.000%$3K$8645xas long as short
Deribit BERA_USDC-PERPETUAL+0.0184%1h0.2305+0.087%$9K$45K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2304+0.036%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0600%1h0.2322+0.825%$19K$53K50xas long as short