Funding arb · Price arb /

BERA

all BERA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Binance against ApeX Omni−0.117%49s7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$335as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3353.347% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.117%, 7d avg +0.009%

Together, before fees+0.016%+$2 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: Binance is 0.126% cheaper against ApeX Omni than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.009%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni BERAUSDT	0.2290	0.0100	pay 0.0013% / 1h	42m 41s	$52K	$471K	50x
Short	Binance BERAUSDT	0.2287	0.0100	get 0.0050% / 4h	1h 42m	$5.4M	$9.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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 ApeX OmnibpFee BinancebpOrdersPrice spread, now −0.117%Rate

Funding earned: $0
Price spread: −0.117% → +0.009%: −$12.56
Slippage, 4 orders: −$314.65
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$347.21
Costs to cover: 3.347%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 65 min ago; Binance: live order book, 12 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 ApeX Omni live order book, 65 min ago	43.67 bp	137.3 bp −$137	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	2.18 bp	20.9 bp −$21	61.4 bp −$614	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	0.2156	−5.852%	$2K	$4K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.1561%	1h	0.2287	−0.114%	$51K	$21K	20x	as long as short
Deribit BERA_USDC-PERPETUAL	0.0000%	1h	0.2291	+0.044%	$9K	$46K	25x	as long as short
Orderly PERP_BERA_USDC	+0.0094%	4h	0.2292	+0.087%	$9K	$787	10x	as long as short
Lighter BERA	+0.0096%	1h	0.2288	−0.083%	$65K	$73K	5x	as long as short
Hyperliquid BERA	+0.0100%	1h	0.2291	+0.031%	$2.9M	$598K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2289	−0.041%	$15K	$21K	5x	as long as short
Binance BERAUSDTshort	+0.0100%	4h	0.2287	−0.117%	$5.4M	$9.5M	50x
Bybit BERAUSDT	+0.0100%	4h	0.2286	−0.175%	$3.1M	$2.2M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2286	−0.175%	$1.4M	$2.0M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BERA_USDT	+0.0100%	4h	0.2291	+0.044%	$349K	$262K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2289	−0.044%	$1.2M	$326K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2288	−0.087%	$548K	$132K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2290	0.000%	$1.5M	$761K	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2288	−0.087%	—	$6.6M	—	as long as short
Backpack BERA_USDC_PERP	+0.0100%	1h	0.2291	+0.026%	$24K	$205K	5x	as long as short
Variational Omni BERA	+0.0100%	4h	0.2283	−0.301%	$84K	$49K	—	as long as short
GRVT BERA_USDT_Perp	+0.0100%	4h	0.2293	+0.131%	$108K	$2.9M	10x	as long as short
ApeX Omni BERAUSDTlong	+0.0100%	1h	0.2290	long leg	$52K	$471K	50x
SoDEX BERA-USD	+0.0100%	1h	0.2289	−0.022%	$368	$6K	5x	as long as short
BloFin BERA-USDT	+0.0120%	4h	0.2289	−0.044%	$280K	$75K	75x	as long as short
01 Exchange BERAUSD	+0.0152%	1h	0.2290	0.000%	$3K	$864	5x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2292	+0.094%	$2K	—	100x	as long as short
Coinbase International BERA-PERP-INTX	+0.0600%	1h	0.2313	+1.004%	$20K	$55K	50x	as long as short