Funding arb · Price arb /

BERA

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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 −0.024%

Price spread now: OKX against MEXC−0.131%7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$750.754% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 7 days+0.131%+$13 · spread now −0.131%, 7d avg −0.051%

Together, before fees+0.039%+$4 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: OKX is 0.081% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BERA_USDT	0.2287	0.0100	pay 0.0050% / 4h	1h 30m	$1.2M	$436K	20x
Short	OKX BERA-USDT-SWAP	0.2284	0.0100	get 0.0050% / 4h	1h 30m	$1.5M	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.131%Rate

Funding earned: $0
Price spread: −0.131% → −0.051%: −$8.05
Slippage, 4 orders: −$57.4
Fee MEXC: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$83.46
Costs to cover: 0.754%
Break-even: never at this rate

Slippage from MEXC: live order book, just now; OKX: live order book, 1 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, just now	4.38 bp	18.2 bp −$18	41.5 bp −$415	217.5 bp −$21.8K	doesn't fit
Sell OKX live order book, 1 min ago	2.20 bp	19.2 bp −$19	106.0 bp −$1,060	doesn't fit	doesn't fit

BERA on 24 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	0.2143	−6.296%	$2K	$5K	12x	as long as short
Coinbase International BERA-PERP-INTX	−0.0376%	1h	0.2252	−1.530%	$15K	$52K	50x	as long as short
Kraken Futures PF_BERAUSD	−0.0183%	1h	0.2278	−0.381%	$51K	$25K	20x	as long as short
Lighter BERA	+0.0096%	1h	0.2285	−0.096%	$62K	$88K	5x	as long as short
Orderly PERP_BERA_USDC	+0.0099%	4h	0.2279	−0.350%	$9K	$883	10x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2279	−0.330%	$16K	$26K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2285	−0.097%	$5.3M	$14.1M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2284	−0.131%	$3.1M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAPshort	+0.0100%	4h	0.2284	−0.131%	$1.5M	$3.2M	20x
Gate BERA_USDT	+0.0100%	4h	0.2286	−0.044%	$346K	$390K	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BERA_USDTlong	+0.0100%	4h	0.2287	long leg	$1.2M	$436K	20x
KuCoin BERAUSDTM	+0.0100%	4h	0.2280	−0.306%	$543K	$229K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2284	−0.131%	$1.4M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2284	−0.131%	—	$6.6M	—	as long as short
Variational Omni BERA	+0.0100%	4h	0.2277	−0.436%	$83K	$49K	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2270	−0.743%	$32K	$453K	50x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2281	−0.280%	$373	$6K	5x	as long as short
BloFin BERA-USDT	+0.0133%	4h	0.2276	−0.481%	$279K	$75K	75x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2279	−0.337%	$2K	—	100x	as long as short
Hyperliquid BERA	+0.0348%	1h	0.2288	+0.022%	$2.9M	$913K	5x	as long as short
01 Exchange BERAUSD	+0.0416%	1h	0.2282	−0.219%	$3K	$3K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0426%	4h	0.2278	−0.407%	$114K	$3.2M	10x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0627%	1h	0.2282	−0.219%	$4K	$54K	25x	as long as short
Backpack BERA_USDC_PERP	+0.0973%	1h	0.2283	−0.153%	$35K	$157K	5x	as long as short