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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Gate+0.221%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$360as in the Funding arb table
Net, price: spread back to 7d avg − costs−$338as in the Price arb table
costs, in and out, $10k−$3603.602% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 3 days (all we have)+0.051%+$5 · spread now +0.221%, 7d avg +0.002%
Together, before fees+0.053%+$5 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: ApeX Omni is 0.219% dearer against Gate than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BERA_USDT0.22650.0100pay 0.0050% / 4h2h 39m$338K$388K50x
ShortApeX Omni BERAUSDT0.22700.0100get 0.0013% / 1h39m 16s$32K$455K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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
$0
Price spread: +0.221% → +0.002%
$21.91
Slippage, 4 orders
−$335.18
Fee Gate: 7.5 bp × 2 orders
−$15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$338.27
Costs to cover
3.602%
Break-even
never at this rate
Slippage from Gate: live order book, 45 min ago; ApeX Omni: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 45 min ago6.59 bp36.4 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 48 min ago21.88 bp106.1 bp −$106doesn't fitdoesn't fitdoesn't fit

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%1h0.2132−5.872%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.0567%1h0.2262−0.127%$51K$27K20xas long as short
Coinbase International BERA-PERP-INTX−0.0304%1h0.2259−0.265%$10K$45K50xas long as short
01 Exchange BERAUSD−0.0064%1h0.2262−0.132%$4K$2K5xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2264−0.044%$4K$63K25xas long as short
Variational Omni BERA+0.0058%4h0.2264−0.044%$83K$49Kas long as short
BloFin BERA-USDT+0.0069%4h0.2262−0.132%$292K$88K75xas long as short
Lighter BERA+0.0096%1h0.2263−0.097%$62K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2265+0.014%$13K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2264−0.044%$5.5M$13.7M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BERAUSDT+0.0100%4h0.2260−0.221%$3.0M$4.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2260−0.221%$1.5M$3.2M20xas long as short
Gate BERA_USDTlong+0.0100%4h0.2265long leg$338K$388K50x
MEXC BERA_USDT+0.0100%4h0.22650.000%$1.2M$434K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2261−0.177%$548K$221K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2262−0.132%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2263−0.088%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2272+0.310%$105K$2.9M10xas long as short
ApeX Omni BERAUSDTshort+0.0100%1h0.2270+0.221%$32K$455K50x
Orderly PERP_BERA_USDC+0.0100%4h0.2263−0.088%$8K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2264−0.044%$371$6K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2264−0.044%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0481%1h0.2271+0.247%$37K$149K5xas long as short
Hyperliquid BERA+0.0914%1h0.2268+0.141%$2.9M$982K5xas long as short