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

BERA

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.5100%/8h= −558.5% APRnext payment $6.38 per $10,000 · paid last 24h −1.439%
Price spread now: Injective against ApeX Omni−5.789%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 4 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 −$153 a day on $10k at the current rate, and Injective is 5.789% cheaper against ApeX Omni than usual: you would sell low and buy high (−$579 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BERAUSDT0.22800.0100pay 0.0013% / 1h26m 02s$36K$481K50x
ShortInjective BERA/USDC PERP0.2148−0.5000pay 0.0625% / 1h26m 02s$2K$4K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against ApeX Omni. 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
−$1,071
Price spread: −5.789% → 0.000%
−$578.95
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$1,659.97
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 7 min ago; Injective: no order-book sample. 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 ApeX Omni live order book, 7 min ago21.98 bp115.8 bp −$116doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 PERPshort−0.5000%1h0.2148−5.789%$2K$4K12x
Kraken Futures PF_BERAUSD−0.1293%1h0.2267−0.583%$51K$21K20xas long as short
01 Exchange BERAUSD−0.0200%1h0.2267−0.570%$3K$8505xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2267−0.570%$9K$45K25xas long as short
Orderly PERP_BERA_USDC+0.0075%4h0.2268−0.526%$9K$1K10xas long as short
BloFin BERA-USDT+0.0090%4h0.2267−0.570%$279K$72K75xas long as short
Lighter BERA+0.0096%1h0.2268−0.526%$64K$72K5xas long as short
Hyperliquid BERA+0.0100%1h0.2270−0.456%$2.9M$589K5xas long as short
Aster BERAUSDT+0.0100%4h0.2268−0.526%$13K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2268−0.526%$5.4M$9.1M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BERAUSDT+0.0100%4h0.2267−0.570%$3.0M$2.0M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2268−0.526%$1.4M$1.9M20xas long as short
Gate BERA_USDT+0.0100%4h0.2270−0.439%$336K$264K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2268−0.526%$1.2M$321K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2270−0.439%$546K$127K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2264−0.702%$1.4M$789K50xas long as short
BingX BERA-USDT+0.0100%4h0.2268−0.526%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2268−0.548%$23K$206K5xas long as short
Variational Omni BERA+0.0100%4h0.2266−0.630%$81K$51Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2272−0.344%$107K$3.0M10xas long as short
ApeX Omni BERAUSDTlong+0.0100%1h0.2280long leg$36K$481K50x
SoDEX BERA-USD+0.0100%1h0.2266−0.618%$365$6K5xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2267−0.549%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0952%1h0.2288+0.351%$18K$53K50xas long as short