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

BERA

all BERA markets
SwapBacktest
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: KuCoin against MEXC+0.176%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1781.782% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.176%, 7d avg −0.010%
Together, before fees−0.187%−$19 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: KuCoin is 0.186% dearer against MEXC than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BERA_USDT0.22790.0100pay 0.0050% / 4h1h 27m$1.2M$436K20x
ShortKuCoin BERAUSDTM0.22830.0100get 0.0050% / 4h1h 27m$544K$229K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$0
Price spread: +0.176% → −0.010%
$18.56
Slippage, 4 orders
−$158.19
Fee MEXC: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$159.63
Costs to cover
1.782%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 70 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 MEXC live order book, 3 min ago4.38 bp18.2 bp −$1841.5 bp −$415217.5 bp −$21.8Kdoesn't fit
Sell KuCoin live order book, 70 min ago11.13 bp64.7 bp −$65185.6 bp −$1,856doesn'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%1h0.2149−5.704%$2K$5K12xas long as short
Coinbase International BERA-PERP-INTX−0.0376%1h0.2252−1.185%$15K$52K50xas long as short
Kraken Futures PF_BERAUSD−0.0183%1h0.2279+0.004%$51K$25K20xas long as short
BloFin BERA-USDT+0.0046%4h0.2288+0.395%$279K$75K75xas long as short
Lighter BERA+0.0096%1h0.2280+0.061%$62K$88K5xas long as short
Orderly PERP_BERA_USDC+0.0099%4h0.2280+0.044%$9K$88310xas long as short
Aster BERAUSDT+0.0100%4h0.2283+0.155%$16K$26K5xas long as short
Binance BERAUSDT+0.0100%4h0.2280+0.065%$5.3M$14.1M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2278−0.044%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2277−0.088%$1.4M$3.2M20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2285+0.263%$345K$391K50xas long as short
MEXC BERA_USDTlong+0.0100%4h0.2279long leg$1.2M$436K20x
KuCoin BERAUSDTMshort+0.0100%4h0.2283+0.176%$544K$229K50x
Bitget BERAUSDT+0.0100%4h0.2278−0.044%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2283+0.176%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2277−0.086%$83K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2280+0.044%$32K$454K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2280+0.022%$370$6K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2281+0.094%$2K100xas long as short
Hyperliquid BERA+0.0353%1h0.2283+0.189%$2.9M$913K5xas long as short
01 Exchange BERAUSD+0.0424%1h0.2282+0.132%$3K$3K5xas long as short
GRVT BERA_USDT_Perp+0.0426%4h0.2282+0.142%$115K$3.2M10xas long as short
Deribit BERA_USDC-PERPETUAL+0.0628%1h0.2281+0.088%$4K$54K25xas long as short
Backpack BERA_USDC_PERP+0.0987%1h0.2282+0.132%$35K$157K5xas long as short