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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.024%
Price spread now: ApeX Omni against OKX+0.175%50s7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$314as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3243.241% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 3 days (all we have)+0.283%+$28 · spread now +0.175%, 7d avg +0.117%
Together, before fees+0.383%+$38 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 0.058% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.117%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BERA-USDT-SWAP0.22860.0100pay 0.0050% / 4h3h 32m$1.5M$3.4M20x
ShortApeX Omni BERAUSDT0.22900.0100get 0.0013% / 1h32m 33s$32K$459K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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: +0.175% → +0.117%
$5.76
Slippage, 4 orders
−$304.07
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$318.32
Costs to cover
3.241%
Break-even
never at this rate
Slippage from OKX: live order book, just now; ApeX Omni: live order book, 15 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 OKX live order book, just now4.37 bp25.8 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 15 min ago43.86 bp135.0 bp −$135doesn'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%1h0.2152−5.862%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.2228%1h0.2285−0.053%$51K$27K20xas long as short
Coinbase International BERA-PERP-INTX−0.0344%1h0.2274−0.525%$10K$47K50xas long as short
01 Exchange BERAUSD−0.0008%1h0.2287+0.044%$4K$2K5xas long as short
Variational Omni BERA+0.0034%4h0.2283−0.130%$84K$53Kas long as short
BloFin BERA-USDT+0.0073%4h0.2285−0.044%$298K$102K75xas long as short
Lighter BERA+0.0096%1h0.2291+0.197%$65K$91K5xas long as short
Aster BERAUSDT+0.0100%4h0.2291+0.223%$14K$30K5xas long as short
Binance BERAUSDT+0.0100%4h0.2289+0.131%$5.6M$14.0M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2285−0.044%$3.1M$4.3M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAPlong+0.0100%4h0.2286long leg$1.5M$3.4M20x
Gate BERA_USDT+0.0100%4h0.2290+0.175%$343K$391K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2291+0.219%$1.2M$440K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2290+0.175%$556K$222K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2291+0.219%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2289+0.131%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2290+0.175%$112K$3.0M10xas long as short
ApeX Omni BERAUSDTshort+0.0100%1h0.2290+0.175%$32K$459K50x
Orderly PERP_BERA_USDC+0.0100%4h0.2287+0.044%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2287+0.044%$373$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0187%1h0.2288+0.087%$4K$64K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2287+0.049%$2K100xas long as short
Backpack BERA_USDC_PERP+0.0283%1h0.2292+0.262%$37K$161K5xas long as short
Hyperliquid BERA+0.0387%1h0.2296+0.446%$2.9M$1.1M5xas long as short