Funding you earn now, next payment 22:00 UTC−0.0742%/8h= −81.2% APRnext payment −$0.93 per $10,000 · paid last 24h −0.016%
Price spread now: ApeX Omni against Hyperliquid−0.277%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$317as in the Price arb table
costs, in and out, $10k−$2942.937% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 3 days (all we have)+0.623%+$62 · spread now −0.277%, 7d avg −0.043%
=Together, before fees+0.813%+ Points / potential airdropHyperliquid: Season 2 · farm board+$81 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and ApeX Omni is 0.234% cheaper against Hyperliquid than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.043%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.190%, so the current rate has only just turned against you.
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 −$0.93 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 | Hyperliquid BERA | 0.2276 | 0.0842 | pay 0.0105% / 1h | 13m 20s | $2.9M | $966K | 5x |
| Short | ApeX Omni BERAUSDT | 0.2270 | 0.0100 | get 0.0013% / 1h | 13m 20s | $33K | $454K | 50x |
Hyperliquid BERA
ApeX Omni BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Hyperliquid. 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
- −$155.79
- Price spread: −0.277% → −0.043%
- −$23.39
- Slippage, 4 orders
- −$274.75
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$472.92
- Costs to cover
- 2.937%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; ApeX Omni: live order book, 9 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 Hyperliquid live order book, 8 min ago | 0.44 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 9 min ago | 21.98 bp | 126.0 bp −$126 | 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 | −6.164% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0565% | 1h | 0.2269 | −0.336% | $51K | $26K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2259 | −0.760% | $10K | $45K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2271 | −0.233% | $4K | $62K | 25x | as long as short |
| 01 Exchange BERAUSD | +0.0048% | 1h | 0.2271 | −0.233% | $4K | $2K | 5x | as long as short |
| BloFin BERA-USDT | +0.0069% | 4h | 0.2274 | −0.101% | $292K | $88K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2270 | −0.268% | $63K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2273 | −0.153% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2271 | −0.222% | $5.5M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2266 | −0.452% | $3.1M | $4.2M | 25x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Deribit BERA_USDC-PERPETUAL
01 Exchange BERAUSD
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit 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 | 0.2267 | −0.409% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2272 | −0.189% | $336K | $390K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2271 | −0.233% | $1.2M | $436K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2269 | −0.321% | $550K | $220K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2272 | −0.189% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2269 | −0.321% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2271 | −0.237% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2279 | +0.120% | $106K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDTshort | +0.0100% | 1h | 0.2270 | −0.277% | $33K | $454K | 50x | |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2271 | −0.233% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2271 | −0.255% | $372 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2271 | −0.246% | $2K | — | 100x | as long as short |
| Hyperliquid BERAlong | +0.0842% | 1h | 0.2276 | long leg | $2.9M | $966K | 5x | |
| Backpack BERA_USDC_PERP | +0.0901% | 1h | 0.2273 | −0.136% | $38K | $149K | 5x | as long as short |
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP