Funding arb · Price arb /

BERA

all BERA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%

Price spread now: OKX against ApeX Omni−0.524%80s7-day average −0.110% · you buy dearer than you sell

Net, funding: paid 7d − costs−$312as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3023.021% of the position

Long on ApeX Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 3 days (all we have)+0.355%+$35 · spread now −0.524%, 7d avg −0.110%

Together, before fees+0.261%+$26 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: OKX is 0.414% cheaper against ApeX Omni than usual: you would sell low and buy high, −$41 on $10k if it goes back to its 7-day average of −0.110%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni BERAUSDT	0.2290	0.0100	pay 0.0013% / 1h	4m 15s	$32K	$457K	50x
Short	OKX BERA-USDT-SWAP	0.2278	0.0100	get 0.0050% / 4h	3h 04m	$1.5M	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee OKXbpOrdersPrice spread, now −0.524%Rate

Funding earned: $0
Price spread: −0.524% → −0.110%: −$41.43
Slippage, 4 orders: −$282.14
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$343.57
Costs to cover: 3.021%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 3 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 3 min ago	43.67 bp	134.9 bp −$135	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.19 bp	23.5 bp −$23	220.1 bp −$2,201	doesn't fit	doesn't fit

BERA on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BERA/USDC PERP	−0.5000%	1h	0.2147	−6.245%	$2K	$5K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.0528%	1h	0.2279	−0.501%	$51K	$25K	20x	as long as short
Coinbase International BERA-PERP-INTX	−0.0328%	1h	0.2276	−0.611%	$9K	$45K	50x	as long as short
Variational Omni BERA	−0.0097%	4h	0.2280	−0.455%	$84K	$49K	—	as long as short
BloFin BERA-USDT	+0.0095%	4h	0.2280	−0.437%	$290K	$89K	75x	as long as short
Lighter BERA	+0.0096%	1h	0.2282	−0.349%	$62K	$90K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2283	−0.287%	$13K	$24K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2283	−0.313%	$5.6M	$13.4M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2278	−0.524%	$3.1M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAPshort	+0.0100%	4h	0.2278	−0.524%	$1.5M	$3.2M	20x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BERA_USDT	+0.0100%	4h	0.2283	−0.306%	$339K	$376K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2283	−0.306%	$1.2M	$448K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2282	−0.349%	$543K	$227K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2282	−0.349%	$1.4M	$1.0M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2282	−0.349%	—	$6.6M	—	as long as short
ApeX Omni BERAUSDTlong	+0.0100%	1h	0.2290	long leg	$32K	$457K	50x
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2282	−0.349%	$9K	$686	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2282	−0.349%	$372	$6K	5x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0188%	1h	0.2283	−0.306%	$4K	$56K	25x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2283	−0.311%	$2K	—	100x	as long as short
01 Exchange BERAUSD	+0.0208%	1h	0.2284	−0.262%	$4K	$2K	5x	as long as short
Hyperliquid BERA	+0.0277%	1h	0.2288	−0.083%	$2.9M	$902K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0326%	4h	0.2297	+0.305%	$110K	$2.9M	10x	as long as short
Backpack BERA_USDC_PERP	+0.0705%	1h	0.2283	−0.319%	$37K	$149K	5x	as long as short