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

BERA

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h +0.021%
Price spread now: ApeX Omni against Orderly+0.087%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.087% dearer against Orderly than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BERA_USDC0.22880.0094pay 0.0047% / 4h1h 47m$9K$78710x
ShortApeX Omni BERAUSDT0.22900.0100get 0.0013% / 1h47m 27s$52K$471K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Orderly. 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
$1.25
Price spread: +0.087% → 0.000%
$8.74
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$6.01
Costs to cover
0.160%
Break-even
40.6 days
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 60 min ago. 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 Orderly no order-book sample
Sell ApeX Omni live order book, 60 min ago43.67 bp161.7 bp −$162doesn't fitdoesn't fitdoesn't fit
Orderly: 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%1h0.2157−5.726%$2K$4K12xas long as short
Kraken Futures PF_BERAUSD−0.1558%1h0.2290+0.107%$51K$21K20xas long as short
Deribit BERA_USDC-PERPETUAL0.0000%1h0.2291+0.131%$9K$46K25xas long as short
BloFin BERA-USDT+0.0052%4h0.2290+0.087%$280K$75K75xas long as short
Orderly PERP_BERA_USDClong+0.0094%4h0.2288long leg$9K$78710x
Lighter BERA+0.0096%1h0.2291+0.118%$65K$73K5xas long as short
Hyperliquid BERA+0.0100%1h0.2292+0.170%$2.9M$598K5xas long as short
Aster BERAUSDT+0.0100%4h0.2292+0.164%$15K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2289+0.044%$5.4M$9.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2286−0.087%$3.1M$2.2M25xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BERA-USDT-SWAP+0.0100%4h0.2287−0.044%$1.4M$2.0M20xas long as short
Gate BERA_USDT+0.0100%4h0.2292+0.175%$350K$262K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2290+0.087%$1.2M$326K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2289+0.044%$543K$130K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2291+0.131%$1.5M$757K50xas long as short
BingX BERA-USDT+0.0100%4h0.2289+0.044%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2292+0.184%$24K$204K5xas long as short
Variational Omni BERA+0.0100%4h0.2282−0.257%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2287−0.033%$115K$2.9M10xas long as short
ApeX Omni BERAUSDTshort+0.0100%1h0.2290+0.087%$52K$471K50x
SoDEX BERA-USD+0.0100%1h0.2292+0.162%$369$6K5xas long as short
01 Exchange BERAUSD+0.0160%1h0.2290+0.087%$3K$8645xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.22880.000%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0600%1h0.2313+1.093%$20K$55K50xas long as short