Funding arb · Price arb /

BERA

all BERA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against BingX+0.087%68s7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$319as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3193.195% of the position

Long on BingX Short on ApeX Omni

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)+0.727%+$73 · spread now +0.087%, 7d avg +0.042%

Together, before fees+0.727%+$73 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 0.045% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.042%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BERA-USDT	0.2288	0.0100	pay 0.0050% / 4h	22m 25s	—	$6.6M	—
Short	ApeX Omni BERAUSDT	0.2290	0.0100	get 0.0013% / 1h	22m 25s	$36K	$482K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BingX. 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 BingXbpFee ApeX OmnibpOrdersPrice spread, now +0.087%Rate

Funding earned: $0
Price spread: +0.087% → +0.042%: $4.5
Slippage, 4 orders: −$299.46
Fee BingX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$314.95
Costs to cover: 3.195%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 5 min ago	4.37 bp	19.9 bp −$20	51.3 bp −$513	561.3 bp −$56.1K	doesn't fit
Sell ApeX Omni live order book, 15 min ago	21.79 bp	160.5 bp −$161	doesn't fit	doesn't fit	doesn't fit

BERA on 24 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	0.2150	−6.031%	$2K	$4K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.1279%	1h	0.2284	−0.164%	$51K	$21K	20x	as long as short
Deribit BERA_USDC-PERPETUAL	0.0000%	1h	0.2286	−0.087%	$9K	$45K	25x	as long as short
BloFin BERA-USDT	+0.0054%	4h	0.2289	+0.044%	$282K	$76K	75x	as long as short
Orderly PERP_BERA_USDC	+0.0083%	4h	0.2286	−0.087%	$9K	$787	10x	as long as short
Lighter BERA	+0.0096%	1h	0.2290	+0.087%	$64K	$74K	5x	as long as short
Hyperliquid BERA	+0.0100%	1h	0.2289	+0.035%	$2.9M	$588K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2289	+0.044%	$13K	$22K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2288	−0.019%	$5.5M	$9.3M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2286	−0.087%	$3.1M	$2.1M	25x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2285	−0.131%	$1.4M	$1.9M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	0.2288	0.000%	$344K	$271K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2288	0.000%	$1.2M	$321K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2288	0.000%	$551K	$128K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2290	+0.087%	$1.5M	$779K	50x	as long as short
BingX BERA-USDTlong	+0.0100%	4h	0.2288	long leg	—	$6.6M	—
Backpack BERA_USDC_PERP	+0.0100%	1h	0.2291	+0.122%	$26K	$204K	5x	as long as short
Variational Omni BERA	+0.0100%	4h	0.2283	−0.237%	$84K	$49K	—	as long as short
GRVT BERA_USDT_Perp	+0.0100%	4h	0.2291	+0.131%	$114K	$3.0M	10x	as long as short
ApeX Omni BERAUSDTshort	+0.0100%	1h	0.2290	+0.087%	$36K	$482K	50x
SoDEX BERA-USD	+0.0100%	1h	0.2286	−0.092%	$368	$6K	5x	as long as short
01 Exchange BERAUSD	+0.0128%	1h	0.2287	−0.044%	$3K	$864	5x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2287	−0.058%	$2K	—	100x	as long as short
Coinbase International BERA-PERP-INTX	+0.0816%	1h	0.2300	+0.524%	$19K	$53K	50x	as long as short