Funding you earn now, next payment 01:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.020%
Price spread now: ApeX Omni against GRVT−0.219%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$278as in the Funding arb table
Net, price: spread back to 7d avg − costs−$298as in the Price arb table
costs, in and out, $10k−$2802.798% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 3 days (all we have)+0.221%+$22 · spread now −0.219%, 7d avg −0.039%
=Together, before fees+0.241%+ Points / potential airdropGRVT: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.180% cheaper against GRVT than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BERA_USDT_Perp | 0.2285 | 0.0140 | pay 0.0070% / 4h | 3h 15m | $107K | $2.9M | 10x |
| Short | ApeX Omni BERAUSDT | 0.2280 | 0.0100 | get 0.0013% / 1h | 15m 23s | $32K | $456K | 50x |
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GRVT. 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
- −$8.4
- Price spread: −0.219% → −0.039%
- −$18.02
- Slippage, 4 orders
- −$260.84
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$306.26
- Costs to cover
- 2.798%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; ApeX Omni: live order book, 57 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 GRVT live order book, 3 min ago | 4.39 bp | 26.9 bp −$27 | 116.5 bp −$1,165 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 57 min ago | 21.98 bp | 117.0 bp −$117 | 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 | 0.2145 | −6.127% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0527% | 1h | 0.2286 | +0.046% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2276 | −0.394% | $9K | $45K | 50x | as long as short |
| Variational Omni BERA | −0.0158% | 4h | 0.2281 | −0.169% | $84K | $49K | — | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2288 | +0.144% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2285 | −0.004% | $13K | $24K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2288 | +0.146% | $5.6M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2286 | +0.044% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2287 | +0.088% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2284 | −0.044% | $339K | $376K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2287 | +0.088% | $1.2M | $447K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2284 | −0.044% | $543K | $227K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2287 | +0.088% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2285 | 0.000% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDTshort | +0.0100% | 1h | 0.2280 | −0.219% | $32K | $456K | 50x | |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2288 | +0.131% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2289 | +0.162% | $373 | $6K | 5x | as long as short |
| GRVT BERA_USDT_Perplong | +0.0140% | 4h | 0.2285 | long leg | $107K | $2.9M | 10x | |
| BloFin BERA-USDT | +0.0148% | 4h | 0.2280 | −0.219% | $290K | $90K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0184% | 1h | 0.2289 | +0.175% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0187% | 1h | 0.2289 | +0.175% | $4K | $56K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2287 | +0.106% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0206% | 1h | 0.2291 | +0.263% | $2.9M | $909K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0623% | 1h | 0.2289 | +0.193% | $37K | $150K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP