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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.2327%/8h= −254.8% APRnext payment $2.91 per $10,000 · paid last 24h +9.536%
Price spread now: Kraken Futures against ApeX Omni−0.201%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 7 days+17.236%+$1,724 on $10k
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 −$70 a day on $10k at the current rate, and Kraken Futures is 0.201% cheaper against ApeX Omni than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +17.236%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BERAUSDT0.22900.0100pay 0.0013% / 1h30m 24s$32K$457K50x
ShortKraken Futures PF_BERAUSD0.2285−0.2227pay 0.0278% / 1h30m 24s$51K$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$488.7
Price spread: −0.201% → 0.000%
−$20.09
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$528.79
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 17 min ago; Kraken Futures: 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, 17 min ago43.86 bp135.8 bp −$136doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
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%1h0.2152−6.026%$2K$4K12xas long as short
Kraken Futures PF_BERAUSDshort−0.2227%1h0.2285−0.201%$51K$27K20x
Coinbase International BERA-PERP-INTX−0.0344%1h0.2274−0.699%$10K$47K50xas long as short
01 Exchange BERAUSD−0.0008%1h0.2287−0.131%$4K$2K5xas long as short
Variational Omni BERA+0.0057%4h0.2285−0.220%$84K$53Kas long as short
BloFin BERA-USDT+0.0089%4h0.2289−0.044%$297K$102K75xas long as short
Lighter BERA+0.0096%1h0.2289−0.057%$63K$93K5xas long as short
Aster BERAUSDT+0.0100%4h0.2290−0.007%$14K$28K5xas long as short
Binance BERAUSDT+0.0100%4h0.2290−0.006%$5.6M$14.0M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2287−0.131%$3.1M$4.3M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAP+0.0100%4h0.2286−0.175%$1.5M$3.4M20xas long as short
Gate BERA_USDT+0.0100%4h0.2289−0.044%$343K$391K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2289−0.044%$1.2M$440K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2286−0.175%$554K$223K50xas long as short
Bitget BERAUSDT+0.0100%4h0.22900.000%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2289−0.044%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2288−0.087%$109K$3.0M10xas long as short
ApeX Omni BERAUSDTlong+0.0100%1h0.2290long leg$32K$457K50x
Orderly PERP_BERA_USDC+0.0100%4h0.2289−0.044%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2289−0.026%$374$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0187%1h0.2289−0.044%$4K$64K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2289−0.038%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0315%1h0.2290+0.013%$37K$161K5xas long as short
Hyperliquid BERA+0.0407%1h0.2294+0.157%$2.9M$1.1M5xas long as short