BERA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old+0.240%higher than 68% of spread values(window 1D)
long $0.1040 · short $0.1042(long 41s / short 4m old)
Entry Spread (order book)-0.832%on $10,000
long $0.1041 · short $0.1033(average execution prices, not mark)
market median $0.1042· long -0.2%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.24%, but entry and exit cost 0.27% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.24% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$24.05 | -$25.95 | -$75.95 |
| Round-trip fees | −$25.00 | −$25.00 | −$25.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$1.77 | −$1.77 | −$1.77 |
| Net potential | -$2.72 | -$52.72 | -$102.72 |
Breakeven move 0.2677%·Tradeability: 0.9× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.45%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.240%
68 pct
Median
-0.038%
Average
-0.024%
P25 → P75
-0.497% … +0.428%
Range
-5.379% … +4.552%
Std dev
±0.932%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.1040
- Exchange Ticker
- BERA
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -836.29%
- OI
- $2.01M
- 24h Vol
- $5.11M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
WEEX(cex)
WEEX(cex)- Mark Price
- $0.1042
- Exchange Ticker
- BERAUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(4h)
- -991.07%
- OI
- $2.26M
- 24h Vol
- $687.77K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short285 long / 159 short samples · 2 days · auto-refresh every 30s