BERA arbitrage between HyperLiquid and Coinbase: we compare the price of BERA on HyperLiquid (futures) and Coinbase (spot) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Berachain

The gas token of Berachain

Smart Contract Platform, Decentralized Finance (DeFi), Layer 1 (L1), Berachain Ecosystem

BERA: Coinbase — deposit open, withdrawal open.

Open interest in BERA right now — $12.5M: Binance $3.4M, BingX $3.2M, Bybit $2.2M, HyperLiquid $1.3M, Bitget $958.9K. See OI BERA.

News about BERA

About BERA arbitrage

How do I read the BERA spread?

The spread is how many percent higher BERA trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on HyperLiquid and Coinbase. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get BERA alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.