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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against KuCoin−0.218%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$415as in the Funding arb table
Net, price: spread back to 7d avg − costs−$448as in the Price arb table
costs, in and out, $10k−$4264.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.106%+$11 on $10k
Price spread, last 4 days (all we have)+0.599%+$60 · spread now −0.218%, 7d avg +0.012%
Together, before fees+0.705%+$71 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 0.230% cheaper against KuCoin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BERAUSDTM0.22950.0100pay 0.0050% / 4h3h 47m$553K$127K50x
ShortApeX Omni BERAUSDT0.22900.0100get 0.0013% / 1h47m 10s$36K$480K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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: −0.218% → +0.012%
−$22.97
Slippage, 4 orders
−$403.51
Fee KuCoin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$448.48
Costs to cover
4.255%
Break-even
never at this rate
Slippage from KuCoin: live order book, 47 min ago; ApeX Omni: live order book, 50 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 KuCoin live order book, 47 min ago17.45 bp98.1 bp −$98187.5 bp −$1,875doesn't fitdoesn't fit
Sell ApeX Omni live order book, 50 min ago21.79 bp160.5 bp −$161doesn'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%1h0.2158−5.969%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1278%1h0.2293−0.099%$51K$21K20xas long as short
01 Exchange BERAUSD−0.0528%1h0.2297+0.087%$3K$8505xas long as short
BloFin BERA-USDT+0.0047%4h0.2296+0.044%$281K$72K75xas long as short
Orderly PERP_BERA_USDC+0.0079%4h0.22950.000%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2296+0.026%$64K$72K5xas long as short
Hyperliquid BERA+0.0100%1h0.2299+0.157%$2.9M$589K5xas long as short
Aster BERAUSDT+0.0100%4h0.2295+0.006%$13K$22K5xas long as short
Binance BERAUSDT+0.0100%4h0.22950.000%$5.5M$9.2M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2293−0.087%$3.1M$2.0M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAP+0.0100%4h0.2294−0.044%$1.4M$1.9M20xas long as short
Gate BERA_USDT+0.0100%4h0.2294−0.044%$344K$252K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2297+0.087%$1.3M$316K20xas long as short
KuCoin BERAUSDTMlong+0.0100%4h0.2295long leg$553K$127K50x
Bitget BERAUSDT+0.0100%4h0.2296+0.044%$1.4M$805K50xas long as short
BingX BERA-USDT+0.0100%4h0.22950.000%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2296+0.044%$24K$205K5xas long as short
Variational Omni BERA+0.0100%4h0.2291−0.169%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2296+0.044%$107K$3.0M10xas long as short
ApeX Omni BERAUSDTshort+0.0100%1h0.2290−0.218%$36K$480K50x
SoDEX BERA-USD+0.0100%1h0.2295−0.004%$372$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0186%1h0.2296+0.044%$9K$45K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2295+0.005%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0952%1h0.2300+0.218%$19K$53K50xas long as short