Funding arb · Price arb /

BERA

all BERA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: BingX against ApeX Omni0.000%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$298as in the Funding arb table

Net, price: spread back to 7d avg − costs−$293as in the Price arb table

costs, in and out, $10k−$2982.978% of the position

Long on ApeX Omni Short on BingX

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)−0.815%−$81 · spread now 0.000%, 7d avg −0.045%

Together, before fees−0.815%−$81 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: BingX is 0.045% dearer against ApeX Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni BERAUSDT	0.2260	0.0100	pay 0.0013% / 1h	1m 12s	$32K	$457K	50x
Short	BingX BERA-USDT	0.2260	0.0100	get 0.0050% / 4h	2h 01m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.045%: $4.45
Slippage, 4 orders: −$277.76
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$293.3
Costs to cover: 2.978%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 66 min ago; BingX: live order book, 6 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, 66 min ago	43.67 bp	134.9 bp −$135	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	6.66 bp	21.6 bp −$22	57.2 bp −$572	511.2 bp −$51.1K	825.1 bp −$412.6K

BERA on 23 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	0.2125	−5.973%	$2K	$5K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.1062%	1h	0.2258	−0.078%	$51K	$25K	20x	as long as short
Coinbase International BERA-PERP-INTX	−0.0280%	1h	0.2234	−1.150%	$15K	$51K	50x	as long as short
Lighter BERA	+0.0096%	1h	0.2261	+0.053%	$61K	$89K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2259	−0.065%	$16K	$26K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2262	+0.088%	$5.3M	$14.0M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2259	−0.044%	$3.0M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2260	0.000%	$1.4M	$3.2M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	0.2258	−0.088%	$337K	$389K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2259	−0.044%	$1.2M	$450K	20x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BERAUSDTM	+0.0100%	4h	0.2258	−0.088%	$538K	$231K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2258	−0.088%	$1.4M	$1.1M	50x	as long as short
BingX BERA-USDTshort	+0.0100%	4h	0.2260	0.000%	—	$6.6M	—
Variational Omni BERA	+0.0100%	4h	0.2251	−0.394%	$83K	$48K	—	as long as short
ApeX Omni BERAUSDTlong	+0.0100%	1h	0.2260	long leg	$32K	$457K	50x
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2261	+0.044%	$9K	$883	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2261	+0.022%	$369	$6K	5x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2260	+0.009%	$2K	—	100x	as long as short
Hyperliquid BERA	+0.0337%	1h	0.2263	+0.137%	$2.9M	$913K	5x	as long as short
01 Exchange BERAUSD	+0.0440%	1h	0.2259	−0.044%	$3K	$3K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0474%	4h	0.2259	−0.044%	$108K	$3.2M	10x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0635%	1h	0.2262	+0.088%	$4K	$54K	25x	as long as short
Backpack BERA_USDC_PERP	+0.1125%	1h	0.2262	+0.102%	$41K	$166K	5x	as long as short