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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.021%
Price spread now: Deribit against 01 Exchange−0.044%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
Funding pays, the price is against you. Deribit is 0.044% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 20 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BERAUSD0.22680.0456pay 0.0057% / 1h20m 35s$3K$3K5x
ShortDeribit BERA_USDC-PERPETUAL0.22670.0633get 0.0079% / 1h20m 35s$4K$56K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against 01 Exchange. 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
$37.17
Price spread: −0.044% → 0.000%
−$4.41
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$18.76
Costs to cover
0.140%
Break-even
3.5 days
Slippage unknown: 01 Exchange: no order-book sample; Deribit: 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 01 Exchange no order-book sample
Sell Deribit no order-book sample
01 Exchange and Deribit: 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 23 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%1h0.2133−5.952%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.1059%1h0.2265−0.147%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0280%1h0.2234−1.499%$15K$51K50xas long as short
Variational Omni BERA+0.0067%4h0.2263−0.239%$83K$48Kas long as short
Lighter BERA+0.0096%1h0.2261−0.322%$61K$89K5xas long as short
Aster BERAUSDT+0.0100%4h0.2264−0.168%$15K$26K5xas long as short
Binance BERAUSDT+0.0100%4h0.2262−0.265%$5.4M$13.9M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2259−0.397%$3.0M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2259−0.397%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2264−0.176%$339K$386K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2260−0.353%$1.2M$446K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2265−0.132%$539K$229K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2260−0.353%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2264−0.176%$6.6Mas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270+0.088%$32K$460K50xas long as short
Orderly PERP_BERA_USDC+0.0100%4h0.2266−0.088%$9K$88310xas long as short
SoDEX BERA-USD+0.0100%1h0.2266−0.110%$365$6K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2265−0.126%$2K100xas long as short
Hyperliquid BERA+0.0339%1h0.2264−0.168%$2.9M$923K5xas long as short
01 Exchange BERAUSDlong+0.0456%1h0.2268long leg$3K$3K5x
GRVT BERA_USDT_Perp+0.0484%4h0.2271+0.132%$111K$3.1M10xas long as short
Deribit BERA_USDC-PERPETUALshort+0.0633%1h0.2267−0.044%$4K$56K25x
Backpack BERA_USDC_PERP+0.1131%1h0.2267−0.049%$41K$167K5xas long as short