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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.1382%/8h= +151.4% APRnext payment +$1.73 per $10,000 · paid last 24h −5.262%
Price spread now: ApeX Omni against Kraken Futures+0.190%75s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−16.960%−$1,696 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and ApeX Omni is 0.190% dearer against Kraken Futures than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −16.960%, so the current rate has only just turned in your favour. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BERAUSD0.2286−0.1282get 0.0160% / 1h52m 18s$51K$21K20x
ShortApeX Omni BERAUSDT0.22900.0100get 0.0013% / 1h52m 18s$36K$481K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Kraken Futures. 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
$290.27
Price spread: +0.190% → 0.000%
$18.98
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$289.25
Costs to cover
0.200%
Break-even
0.0 days
Slippage unknown: Kraken Futures: no order-book sample; ApeX Omni: live order book, 45 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell ApeX Omni live order book, 45 min ago21.79 bp160.5 bp −$161doesn't fitdoesn't fitdoesn't fit
Kraken Futures: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.5000%1h0.2151−5.892%$2K$4K12xas long as short
Kraken Futures PF_BERAUSDlong−0.1282%1h0.2286long leg$51K$21K20x
01 Exchange BERAUSD−0.0152%1h0.2290+0.190%$3K$8505xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2290+0.190%$9K$45K25xas long as short
BloFin BERA-USDT+0.0050%4h0.2286+0.015%$280K$72K75xas long as short
Orderly PERP_BERA_USDC+0.0080%4h0.2289+0.146%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2289+0.129%$64K$72K5xas long as short
Hyperliquid BERA+0.0100%1h0.2293+0.325%$2.9M$589K5xas long as short
Aster BERAUSDT+0.0100%4h0.2292+0.263%$13K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.2290+0.209%$5.5M$9.2M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BERAUSDT+0.0100%4h0.2287+0.059%$3.1M$2.0M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2289+0.146%$1.4M$1.9M20xas long as short
Gate BERA_USDT+0.0100%4h0.2290+0.190%$343K$252K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2291+0.234%$1.3M$316K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2288+0.102%$551K$128K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2290+0.190%$1.4M$804K50xas long as short
BingX BERA-USDT+0.0100%4h0.2287+0.059%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2289+0.146%$24K$205K5xas long as short
Variational Omni BERA+0.0100%4h0.2286+0.020%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2288+0.091%$113K$3.0M10xas long as short
ApeX Omni BERAUSDTshort+0.0100%1h0.2290+0.190%$36K$481K50x
SoDEX BERA-USD+0.0100%1h0.2288+0.111%$373$6K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2290+0.195%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0952%1h0.2300+0.627%$19K$53K50xas long as short