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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h −0.032%
Price spread now: Deribit against ApeX Omni−0.044%74s7-day average · you buy dearer than you sell
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 7 days−0.520%−$52 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Deribit is 0.044% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 38 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.520%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BERAUSDT0.22600.0100pay 0.0013% / 1h57m 48s$32K$457K50x
ShortDeribit BERA_USDC-PERPETUAL0.22590.0193get 0.0024% / 1h57m 48s$4K$54K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
$19.5
Price spread: −0.044% → 0.000%
−$4.42
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$1.92
Costs to cover
0.170%
Break-even
7.7 days
Slippage unknown: ApeX Omni: live order book, 5 min ago; Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 5 min ago44.25 bp135.4 bp −$135doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.5000%1h0.2127−5.885%$2K$5K12xas long as short
Coinbase International BERA-PERP-INTX−0.0376%1h0.2234−1.150%$15K$51K50xas long as short
Kraken Futures PF_BERAUSD−0.0185%1h0.2257−0.134%$51K$25K20xas long as short
Lighter BERA+0.0096%1h0.2253−0.292%$61K$88K5xas long as short
Aster BERAUSDT+0.0100%4h0.2254−0.267%$16K$26K5xas long as short
Binance BERAUSDT+0.0100%4h0.2254−0.266%$5.3M$14.0M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2250−0.442%$3.0M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2252−0.354%$1.4M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2254−0.265%$337K$384K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2253−0.310%$1.2M$434K20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTM+0.0100%4h0.2254−0.265%$537K$231K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2252−0.354%$1.4M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2252−0.354%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2259−0.062%$83K$48Kas long as short
ApeX Omni BERAUSDTlong+0.0100%1h0.2260long leg$32K$457K50x
Orderly PERP_BERA_USDC+0.0100%4h0.2259−0.044%$9K$88310xas long as short
SoDEX BERA-USD+0.0100%1h0.2258−0.066%$369$6K5xas long as short
Hyperliquid BERA+0.0120%1h0.2257−0.124%$2.9M$914K5xas long as short
Deribit BERA_USDC-PERPETUALshort+0.0193%1h0.2259−0.044%$4K$54K25x
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2258−0.100%$2K100xas long as short
01 Exchange BERAUSD+0.0360%1h0.22600.000%$3K$3K5xas long as short
GRVT BERA_USDT_Perp+0.0474%4h0.2259−0.044%$108K$3.2M10xas long as short
Backpack BERA_USDC_PERP+0.1185%1h0.2259−0.040%$39K$167K5xas long as short