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: Gate against MEXC+0.044%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1071.073% of the position

Long on MEXC Short on Gate

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)+0.015%+$2 · spread now +0.044%, 7d avg −0.001%

Together, before fees+0.015%+$1 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: Gate is 0.045% dearer against MEXC than usual: you sell high and buy low, +$5 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	MEXC BERA_USDT	0.2266	0.0100	pay 0.0050% / 4h	2h 21m	$1.2M	$446K	20x
Short	Gate BERA_USDT	0.2267	0.0100	get 0.0050% / 4h	2h 21m	$340K	$386K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → −0.001%: $4.52
Slippage, 4 orders: −$84.35
Fee MEXC: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$102.83
Costs to cover: 1.073%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 44 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 MEXC live order book, 5 min ago	2.20 bp	11.7 bp −$12	32.8 bp −$328	240.5 bp −$24.1K	doesn't fit
Sell Gate live order book, 44 min ago	4.39 bp	44.3 bp −$44	doesn't fit	doesn't fit	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	−5.869%	$2K	$5K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.1058%	1h	0.2265	−0.023%	$51K	$25K	20x	as long as short
Coinbase International BERA-PERP-INTX	−0.0280%	1h	0.2234	−1.412%	$15K	$51K	50x	as long as short
Variational Omni BERA	+0.0028%	4h	0.2269	+0.138%	$83K	$49K	—	as long as short
Lighter BERA	+0.0096%	1h	0.2266	+0.022%	$61K	$89K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2267	+0.051%	$15K	$26K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2267	+0.055%	$5.4M	$13.9M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2264	−0.088%	$3.0M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2266	0.000%	$1.5M	$3.2M	20x	as long as short
Gate BERA_USDTshort	+0.0100%	4h	0.2267	+0.044%	$340K	$386K	50x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BERA_USDTlong	+0.0100%	4h	0.2266	long leg	$1.2M	$446K	20x
KuCoin BERAUSDTM	+0.0100%	4h	0.2266	0.000%	$539K	$230K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2266	0.000%	$1.4M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2267	+0.044%	—	$6.6M	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2270	+0.177%	$32K	$460K	50x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2266	0.000%	$9K	$883	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2268	+0.066%	$365	$6K	5x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2265	−0.038%	$2K	—	100x	as long as short
Hyperliquid BERA	+0.0343%	1h	0.2271	+0.216%	$2.9M	$923K	5x	as long as short
01 Exchange BERAUSD	+0.0456%	1h	0.2268	+0.088%	$3K	$3K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0484%	4h	0.2271	+0.221%	$111K	$3.1M	10x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0632%	1h	0.2269	+0.132%	$4K	$56K	25x	as long as short
Backpack BERA_USDC_PERP	+0.1138%	1h	0.2271	+0.234%	$41K	$167K	5x	as long as short