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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Bitget+0.130%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$292as in the Price arb table
costs, in and out, $10k−$3023.020% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.243%+$24 · spread now +0.130%, 7d avg +0.028%
Together, before fees+0.243%+$24 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 0.102% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BERAUSDT0.23070.0100pay 0.0050% / 4h23m 22s$1.5M$1.1M50x
ShortApeX Omni BERAUSDT0.23100.0100get 0.0013% / 1h23m 22s$51K$451K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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: +0.130% → +0.028%
$10.18
Slippage, 4 orders
−$280.03
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$291.84
Costs to cover
3.020%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; ApeX Omni: live order book, 34 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 Bitget live order book, 3 min ago4.33 bp19.2 bp −$19133.3 bp −$1,333doesn't fitdoesn't fit
Sell ApeX Omni live order book, 34 min ago43.67 bp142.2 bp −$142doesn'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%1h0.2172−5.852%$2K$3K12xas long as short
Kraken Futures PF_BERAUSD−0.0487%1h0.2307+0.017%$52K$25K20xas long as short
Coinbase International BERA-PERP-INTX−0.0328%1h0.2303−0.173%$15K$53K50xas long as short
Lighter BERA+0.0096%1h0.23070.000%$62K$81K5xas long as short
Aster BERAUSDT+0.0100%4h0.2309+0.068%$15K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2306−0.024%$5.4M$14.2M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2304−0.130%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2304−0.130%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2308+0.043%$355K$357K50xas long as short
MEXC BERA_USDT+0.0100%4h0.23070.000%$1.2M$399K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2306−0.043%$555K$230K50xas long as short
Bitget BERAUSDTlong+0.0100%4h0.2307long leg$1.5M$1.1M50x
BingX BERA-USDT+0.0100%4h0.23070.000%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2307+0.003%$84K$49Kas long as short
ApeX Omni BERAUSDTshort+0.0100%1h0.2310+0.130%$51K$451K50x
Orderly PERP_BERA_USDC+0.0100%4h0.2308+0.043%$9K$98710xas long as short
SoDEX BERA-USD+0.0100%1h0.2307+0.009%$381$6K5xas long as short
BloFin BERA-USDT+0.0140%4h0.23070.000%$280K$77K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0183%1h0.2308+0.043%$3K$59K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2306−0.054%$2K100xas long as short
01 Exchange BERAUSD+0.0264%1h0.2305−0.087%$3K$3K5xas long as short
Hyperliquid BERA+0.0374%1h0.2309+0.100%$2.9M$889K5xas long as short
GRVT BERA_USDT_Perp+0.0410%4h0.2314+0.303%$116K$3.2M10xas long as short
Backpack BERA_USDC_PERP+0.0479%1h0.2309+0.100%$28K$161K5xas long as short