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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h −0.028%
Price spread now: ApeX Omni against BloFin+0.311%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2582.580% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.361%−$36 · spread now +0.311%, 7d avg −0.033%
Together, before fees−0.405%−$40 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 0.344% dearer against BloFin than usual: you sell high and buy low, +$34 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BERA-USDT0.22530.0106pay 0.0053% / 4h1h 50m$270K$75K75x
ShortApeX Omni BERAUSDT0.22600.0100get 0.0013% / 1h50m 26s$40K$485K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
−$1.31
Price spread: +0.311% → −0.033%
$34.38
Slippage, 4 orders
−$236.03
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$224.96
Costs to cover
2.580%
Break-even
never at this rate
Slippage from BloFin: live order book, 56 min ago; ApeX Omni: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 56 min ago6.57 bp15.0 bp −$1530.7 bp −$307doesn't fitdoesn't fit
Sell ApeX Omni live order book, 60 min ago21.88 bp119.8 bp −$120doesn't fitdoesn't fitdoesn't fit

BERA on 24 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BERAUSD−0.0821%1h0.2259+0.248%$50K$21K20xas long as short
01 Exchange BERAUSD−0.0560%1h0.22530.000%$3K$8505xas long as short
Deribit BERA_USDC-PERPETUAL−0.0193%1h0.2254+0.044%$1K$36K25xas long as short
Orderly PERP_BERA_USDC+0.0075%4h0.2255+0.089%$8K$58710xas long as short
Lighter BERA+0.0096%1h0.2255+0.093%$63K$77K5xas long as short
Hyperliquid BERA+0.0100%1h0.2257+0.164%$2.5M$983K5xas long as short
Aster BERAUSDT+0.0100%4h0.2258+0.231%$13K$19K5xas long as short
Binance BERAUSDT+0.0100%4h0.2256+0.133%$5.2M$8.4M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2255+0.089%$3.0M$1.8M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2254+0.044%$1.4M$1.8M20xas long as short
Show all 24 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BERA_USDT+0.0100%4h0.2256+0.133%$328K$250K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2255+0.089%$1.2M$292K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2255+0.089%$539K$127K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2257+0.178%$1.4M$744K50xas long as short
BingX BERA-USDT+0.0100%4h0.2255+0.089%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2256+0.142%$24K$213K5xas long as short
Variational Omni BERA+0.0100%4h0.2253−0.003%$80K$51Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2259+0.263%$111K$3.0M10xas long as short
ApeX Omni BERAUSDTshort+0.0100%1h0.2260+0.311%$40K$485K50x
SoDEX BERA-USD+0.0100%1h0.2254+0.053%$350$6K5xas long as short
BloFin BERA-USDTlong+0.0106%4h0.2253long leg$270K$75K75x
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2256+0.133%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.1032%1h0.2295+1.864%$19K$45K50xas long as short
Injective BERA/USDC PERP+0.5000%1h0.2319+2.929%$2K$4K12xas long as short