Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.079%
Price spread now: ApeX Omni against Backpack+0.357%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$326as in the Funding arb table
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$3223.219% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)−0.302%−$30 · spread now +0.357%, 7d avg −0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.385% dearer against Backpack than usual: you sell high and buy low, +$38 on $10k if it goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack BERA_USDC_PERP | 0.2272 | 0.0100 | pay 0.0013% / 1h | 40m 34s | $26K | $151K | 5x |
| Short | ApeX Omni BERAUSDT | 0.2280 | 0.0100 | get 0.0013% / 1h | 40m 34s | $39K | $451K | 50x |
Backpack BERA_USDC_PERP
ApeX Omni BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Backpack. 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
- $0
- Price spread: +0.357% → −0.028%
- $38.49
- Slippage, 4 orders
- −$301.91
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$283.42
- Costs to cover
- 3.219%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 7 min ago; ApeX Omni: live order book, 7 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 Backpack live order book, 7 min ago | 0.22 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 7 min ago | 43.67 bp | 161.7 bp −$162 | 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 | 0.2142 | −5.718% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0767% | 1h | 0.2275 | +0.150% | $51K | $25K | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2269 | −0.114% | $64K | $73K | 5x | as long as short |
| Orderly PERP_BERA_USDC | +0.0099% | 4h | 0.2276 | +0.180% | $9K | $787 | 10x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2272 | −0.014% | $17K | $22K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2271 | −0.040% | $5.4M | $9.8M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2268 | −0.172% | $3.0M | $2.4M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2269 | −0.128% | $1.4M | $2.0M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2269 | −0.128% | $355K | $259K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2269 | −0.128% | $1.2M | $345K | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Lighter BERA
Orderly PERP_BERA_USDC
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2271 | −0.040% | $550K | $130K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2269 | −0.128% | $1.5M | $773K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2266 | −0.260% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERPlong | +0.0100% | 1h | 0.2272 | long leg | $26K | $151K | 5x | |
| Variational Omni BERA | +0.0100% | 4h | 0.2272 | +0.010% | $84K | $52K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2290 | +0.799% | $114K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDTshort | +0.0100% | 1h | 0.2280 | +0.357% | $39K | $451K | 50x | |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2276 | +0.180% | $366 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0147% | 4h | 0.2276 | +0.180% | $280K | $70K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0160% | 1h | 0.2271 | −0.040% | $3K | $864 | 5x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0160% | 1h | 0.2302 | +1.325% | $20K | $61K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0189% | 1h | 0.2277 | +0.224% | $9K | $51K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0198% / S −0.0568% | 1h | 0.2276 | +0.201% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0392% | 1h | 0.2277 | +0.207% | $2.9M | $599K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
Coinbase International BERA-PERP-INTX
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA