Funding you earn now, next payment 23:00 UTC+0.0396%/8h= +43.4% APRnext payment +$0.50 per $10,000 · paid last 24h +0.100%
Price spread now: ApeX Omni against Coinbase International+0.485%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.221%+$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and ApeX Omni is 0.485% dearer against Coinbase International than usual: you sell high and buy low: +$48 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.221% in total (about 11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.50 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 | Coinbase International BERA-PERP-INTX | 0.2269 | −0.0296 | get 0.0037% / 1h | 2m 58s | $9K | $44K | 50x |
| Short | ApeX Omni BERAUSDT | 0.2280 | 0.0100 | get 0.0013% / 1h | 2m 58s | $37K | $459K | 50x |
Coinbase International BERA-PERP-INTX
ApeX Omni BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- $83.16
- Price spread: +0.485% → 0.000%
- $48.48
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $111.64
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; ApeX Omni: live order book, 10 min ago. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 10 min ago | 21.98 bp | 117.0 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERP | −0.5000% | 1h | 0.2151 | −5.201% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0418% | 1h | 0.2288 | +0.841% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXlong | −0.0296% | 1h | 0.2269 | long leg | $9K | $44K | 50x | |
| Variational Omni BERA | −0.0053% | 4h | 0.2275 | +0.273% | $84K | $49K | — | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2290 | +0.926% | $4K | $61K | 25x | as long as short |
| Bybit BERAUSDT | +0.0025% | 4h | 0.2287 | +0.793% | $3.1M | $4.1M | 25x | as long as short |
| BloFin BERA-USDT | +0.0064% | 4h | 0.2292 | +1.014% | $291K | $83K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2289 | +0.886% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2290 | +0.924% | $14K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2290 | +0.934% | $5.6M | $13.6M | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Variational Omni BERA
Deribit BERA_USDC-PERPETUAL
Bybit BERAUSDT
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2287 | +0.793% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2289 | +0.881% | $339K | $390K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2289 | +0.881% | $1.3M | $437K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2288 | +0.837% | $548K | $227K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2289 | +0.881% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2290 | +0.926% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2285 | +0.687% | $108K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDTshort | +0.0100% | 1h | 0.2280 | +0.485% | $37K | $459K | 50x | |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2289 | +0.881% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2290 | +0.908% | $369 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0152% | 1h | 0.2290 | +0.926% | $4K | $2K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2289 | +0.901% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0261% | 1h | 0.2293 | +1.053% | $2.9M | $953K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0566% | 1h | 0.2290 | +0.939% | $37K | $148K | 5x | as long as short |
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
GRVT BERA_USDT_Perp
Orderly PERP_BERA_USDC
SoDEX BERA-USD
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP