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

BERA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0084%/8h= −9.2% APRnext payment $0.10 per $10,000 · paid last 24h +0.055%
Price spread now: ApeX Omni against 01 Exchange−0.393%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.393% cheaper against 01 Exchange than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BERAUSD0.22890.0184pay 0.0023% / 1h15m 25s$4K$2K5x
ShortApeX Omni BERAUSDT0.22800.0100get 0.0013% / 1h15m 25s$32K$456K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against 01 Exchange. 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
−$17.64
Price spread: −0.393% → 0.000%
−$39.32
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$73.96
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; ApeX Omni: live order book, 57 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 01 Exchange no order-book sample
Sell ApeX Omni live order book, 57 min ago21.98 bp117.0 bp −$117doesn't fitdoesn't fitdoesn't fit
01 Exchange: 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%1h0.2145−6.291%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0527%1h0.2286−0.137%$51K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2276−0.568%$9K$45K50xas long as short
Variational Omni BERA−0.0158%4h0.2281−0.343%$84K$49Kas long as short
Lighter BERA+0.0096%1h0.2288−0.031%$62K$90K5xas long as short
Aster BERAUSDT+0.0100%4h0.2285−0.179%$13K$24K5xas long as short
Binance BERAUSDT+0.0100%4h0.2288−0.033%$5.6M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2286−0.131%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2287−0.087%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2284−0.218%$339K$376K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2287−0.087%$1.2M$447K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2284−0.218%$543K$227K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2286−0.131%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2285−0.175%$6.6Mas long as short
ApeX Omni BERAUSDTshort+0.0100%1h0.2280−0.393%$32K$456K50x
Orderly PERP_BERA_USDC+0.0100%4h0.2287−0.087%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2288−0.057%$372$6K5xas long as short
GRVT BERA_USDT_Perp+0.0140%4h0.2285−0.175%$107K$2.9M10xas long as short
BloFin BERA-USDT+0.0148%4h0.2280−0.393%$290K$90K75xas long as short
01 Exchange BERAUSDlong+0.0184%1h0.2289long leg$4K$2K5x
Deribit BERA_USDC-PERPETUAL+0.0187%1h0.2288−0.044%$4K$56K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2286−0.111%$2K100xas long as short
Hyperliquid BERA+0.0206%1h0.2291+0.087%$2.9M$909K5xas long as short
Backpack BERA_USDC_PERP+0.0623%1h0.2289+0.017%$37K$150K5xas long as short