Funding you earn now, next payment 02:00 UTC−0.0476%/8h= −52.1% APRnext payment −$0.59 per $10,000 · paid last 24h −0.108%
Price spread now: Coinbase International against ApeX Omni−1.150%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.228%−$23 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Coinbase International is 1.150% cheaper against ApeX Omni than usual: you would sell low and buy high (−$115 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.228% in total (about -11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| 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 | 58m 35s | $32K | $457K | 50x |
| Short | Coinbase International BERA-PERP-INTX | 0.2234 | −0.0376 | pay 0.0047% / 1h | 58m 35s | $15K | $51K | 50x |
ApeX Omni BERAUSDT
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$99.96
- Price spread: −1.150% → 0.000%
- −$115.04
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$235
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 4 min ago; Coinbase International: no order-book sample. Net counts fees only.
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, 4 min ago | 44.25 bp | 135.4 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 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 | 0.2127 | −5.885% | $2K | $5K | 12x | as long as short |
| Coinbase International BERA-PERP-INTXshort | −0.0376% | 1h | 0.2234 | −1.150% | $15K | $51K | 50x | |
| Kraken Futures PF_BERAUSD | −0.0185% | 1h | 0.2258 | −0.077% | $51K | $25K | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2260 | 0.000% | $61K | $88K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2260 | +0.016% | $16K | $26K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2261 | +0.043% | $5.3M | $14.0M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2258 | −0.088% | $3.0M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2257 | −0.133% | $1.4M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2259 | −0.044% | $337K | $383K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2262 | +0.088% | $1.2M | $434K | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2260 | 0.000% | $539K | $231K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2260 | 0.000% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2261 | +0.044% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2259 | −0.062% | $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 | 0.2260 | 0.000% | $9K | $883 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2261 | +0.022% | $369 | $6K | 5x | as long as short |
| Hyperliquid BERA | +0.0150% | 1h | 0.2264 | +0.186% | $2.9M | $914K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0192% | 1h | 0.2261 | +0.044% | $4K | $54K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2260 | +0.008% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0360% | 1h | 0.2260 | 0.000% | $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 |
| Backpack BERA_USDC_PERP | +0.1182% | 1h | 0.2264 | +0.164% | $39K | $167K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
Orderly PERP_BERA_USDC
SoDEX BERA-USD
Hyperliquid BERA
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
GRVT BERA_USDT_Perp
Backpack BERA_USDC_PERP