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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0521%/8h= +57.1% APRnext payment +$0.65 per $10,000 · paid last 24h −0.044%
Price spread now: Deribit against ApeX Omni+0.349%74s7-day average · you sell dearer than you buy
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 7 days−0.525%−$53 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Deribit is 0.349% dearer against ApeX Omni than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.525%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BERAUSDT0.22900.0100pay 0.0013% / 1h55m 49s$34K$461K50x
ShortDeribit BERA_USDC-PERPETUAL0.22980.0621get 0.0078% / 1h55m 49s$4K$62K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
$109.43
Price spread: +0.349% → 0.000%
$34.93
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$127.36
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 22 min ago; 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 ApeX Omni live order book, 22 min ago22.08 bp100.3 bp −$100doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
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 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%1h0.2156−5.852%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0417%1h0.2294+0.156%$51K$24K20xas long as short
Coinbase International BERA-PERP-INTX−0.0296%1h0.2259−1.354%$9K$45K50xas long as short
BloFin BERA-USDT+0.0076%4h0.2288−0.087%$288K$88K75xas long as short
Lighter BERA+0.0096%1h0.2298+0.328%$62K$90K5xas long as short
Aster BERAUSDT+0.0100%4h0.2296+0.260%$14K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2296+0.262%$5.6M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2292+0.087%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2292+0.087%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2293+0.131%$339K$388K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2295+0.218%$1.2M$423K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2294+0.175%$557K$223K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2294+0.175%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2294+0.175%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2274−0.690%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2281−0.393%$106K$2.7M10xas long as short
ApeX Omni BERAUSDTlong+0.0100%1h0.2290long leg$34K$461K50x
Orderly PERP_BERA_USDC+0.0100%4h0.2297+0.306%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2297+0.301%$376$6K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2296+0.283%$2K100xas long as short
01 Exchange BERAUSD+0.0232%1h0.2293+0.131%$4K$2K5xas long as short
Hyperliquid BERA+0.0343%1h0.2298+0.362%$2.9M$949K5xas long as short
Deribit BERA_USDC-PERPETUALshort+0.0621%1h0.2298+0.349%$4K$62K25x
Backpack BERA_USDC_PERP+0.1476%1h0.2299+0.402%$37K$149K5xas long as short