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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0428%/8h= −46.9% APRnext payment $0.54 per $10,000 · paid last 24h −0.117%
Price spread now: Coinbase International against SoDEX−0.303%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$13 a day on $10k at the current rate, and Coinbase International is 0.303% cheaper against SoDEX than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BERA-USD0.23070.0100pay 0.0013% / 1h16m 26s$379$6K5x
ShortCoinbase International BERA-PERP-INTX0.2300−0.0328pay 0.0041% / 1h16m 26s$15K$53K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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
−$89.88
Price spread: −0.303% → 0.000%
−$30.34
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$138.22
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Coinbase International: 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 SoDEX no order-book sample
Sell Coinbase International no order-book sample
SoDEX and Coinbase International: 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 PERP−0.5000%1h0.2165−6.155%$2K$3K12xas long as short
Kraken Futures PF_BERAUSD−0.0487%1h0.2306−0.026%$52K$25K20xas long as short
Coinbase International BERA-PERP-INTXshort−0.0328%1h0.2300−0.303%$15K$53K50x
Lighter BERA+0.0096%1h0.2306−0.022%$62K$81K5xas long as short
Aster BERAUSDT+0.0100%4h0.2306−0.047%$15K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2305−0.069%$5.4M$14.2M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2304−0.130%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2302−0.217%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2304−0.130%$355K$358K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2305−0.087%$1.2M$400K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2305−0.087%$555K$230K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2304−0.130%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2304−0.130%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2301−0.257%$84K$49Kas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2310+0.130%$51K$450K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.23070.000%$9K$98710xas long as short
SoDEX BERA-USDlong+0.0100%1h0.2307long leg$379$6K5x
BloFin BERA-USDT+0.0106%4h0.2304−0.130%$283K$77K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2307+0.020%$2K100xas long as short
01 Exchange BERAUSD+0.0264%1h0.2305−0.087%$3K$3K5xas long as short
Hyperliquid BERA+0.0308%1h0.2309+0.082%$2.9M$890K5xas long as short
GRVT BERA_USDT_Perp+0.0352%4h0.2307−0.012%$108K$3.2M10xas long as short
Backpack BERA_USDC_PERP+0.0385%1h0.2308+0.056%$28K$161K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0617%1h0.2309+0.087%$3K$59K25xas long as short