Funding you earn now, next payment 22:00 UTC+0.0839%/8h= +91.9% APRnext payment +$1.05 per $10,000 · paid last 24h +0.016%
Price spread now: Hyperliquid against ApeX Omni+0.026%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$264as in the Price arb table
costs, in and out, $10k−$2622.624% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 3 days (all we have)−0.373%−$37 · spread now +0.026%, 7d avg +0.043%
=Together, before fees−0.562%+ Points / potential airdropHyperliquid: Season 2 · farm board−$56 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.190%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.190% in total (about -9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BERAUSDT | 0.2270 | 0.0100 | pay 0.0013% / 1h | 41m 03s | $32K | $456K | 50x |
| Short | Hyperliquid BERA | 0.2271 | 0.0939 | get 0.0117% / 1h | 41m 03s | $2.9M | $987K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $176.28
- Price spread: +0.026% → +0.043%
- −$1.65
- Slippage, 4 orders
- −$243.38
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$87.75
- Costs to cover
- 2.624%
- Break-even
- 10.5 days
Slippage from ApeX Omni: live order book, 46 min ago; Hyperliquid: live order book, 10 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, 46 min ago | 21.88 bp | 124.6 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.32 bp | 15.4 bp −$15 | doesn't fit | 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 | 0.2136 | −5.903% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0566% | 1h | 0.2267 | −0.127% | $51K | $27K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2266 | −0.176% | $10K | $45K | 50x | as long as short |
| 01 Exchange BERAUSD | −0.0072% | 1h | 0.2267 | −0.132% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2268 | −0.088% | $4K | $63K | 25x | as long as short |
| Variational Omni BERA | +0.0028% | 4h | 0.2269 | −0.066% | $84K | $53K | — | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2268 | −0.110% | $62K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2268 | −0.077% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2267 | −0.115% | $5.5M | $13.7M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2263 | −0.308% | $3.0M | $4.2M | 25x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2264 | −0.264% | $1.5M | $3.3M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2268 | −0.088% | $339K | $388K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2268 | −0.088% | $1.2M | $434K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2268 | −0.088% | $550K | $221K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2269 | −0.044% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2267 | −0.132% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2273 | +0.132% | $117K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDTlong | +0.0100% | 1h | 0.2270 | long leg | $32K | $456K | 50x | |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2267 | −0.132% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2268 | −0.088% | $374 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0100% | 4h | 0.2271 | +0.044% | $295K | $88K | 75x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2268 | −0.095% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0508% | 1h | 0.2269 | −0.057% | $37K | $153K | 5x | as long as short |
| Hyperliquid BERAshort | +0.0939% | 1h | 0.2271 | +0.026% | $2.9M | $987K | 5x |
ApeX Omni BERAUSDT
Hyperliquid BERA
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Variational Omni BERA
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
GRVT BERA_USDT_Perp
SoDEX BERA-USD
BloFin BERA-USDT
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP