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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1649%/8h= +180.6% APRnext payment +$2.06 per $10,000 · paid last 24h −6.158%
Price spread now: ApeX Omni against Kraken Futures+0.258%45s7-day average · you sell dearer than you buy
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−17.029%−$1,703 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and ApeX Omni is 0.258% dearer against Kraken Futures than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −17.029%, so the current rate has only just turned in your favour. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BERAUSD0.2304−0.1549get 0.0194% / 1h21m 38s$52K$21K20x
ShortApeX Omni BERAUSDT0.23100.0100get 0.0013% / 1h21m 38s$53K$472K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Kraken Futures. 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
$346.35
Price spread: +0.258% → 0.000%
$25.85
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$352.19
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; ApeX Omni: live order book, 21 min ago. 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 Kraken Futures no order-book sample
Sell ApeX Omni live order book, 21 min ago43.67 bp142.2 bp −$142doesn't fitdoesn't fitdoesn't fit
Kraken Futures: 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 24 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%1h0.2167−5.948%$2K$4K12xas long as short
Kraken Futures PF_BERAUSDlong−0.1549%1h0.2304long leg$52K$21K20x
Orderly PERP_BERA_USDC+0.0093%4h0.2304−0.002%$9K$78710xas long as short
Lighter BERA+0.0096%1h0.2310+0.267%$66K$73K5xas long as short
Hyperliquid BERA+0.0100%1h0.2311+0.306%$2.9M$597K5xas long as short
Aster BERAUSDT+0.0100%4h0.2309+0.197%$16K$21K5xas long as short
Binance BERAUSDT+0.0100%4h0.2309+0.219%$5.5M$9.4M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2306+0.085%$3.1M$2.2M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2306+0.085%$1.5M$2.0M20xas long as short
Gate BERA_USDT+0.0100%4h0.2307+0.128%$346K$266K50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BERA_USDT+0.0100%4h0.2308+0.172%$1.3M$331K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2308+0.172%$552K$132K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2309+0.215%$1.5M$777K50xas long as short
BingX BERA-USDT+0.0100%4h0.2306+0.085%$6.6Mas long as short
Backpack BERA_USDC_PERP+0.0100%1h0.2305+0.054%$24K$205K5xas long as short
Variational Omni BERA+0.0100%4h0.2304−0.019%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2308+0.173%$113K$2.9M10xas long as short
ApeX Omni BERAUSDTshort+0.0100%1h0.2310+0.258%$53K$472K50x
SoDEX BERA-USD+0.0100%1h0.2304+0.007%$371$6K5xas long as short
01 Exchange BERAUSD+0.0128%1h0.2307+0.128%$3K$8645xas long as short
BloFin BERA-USDT+0.0142%4h0.2308+0.172%$280K$76K75xas long as short
Deribit BERA_USDC-PERPETUAL+0.0184%1h0.2304−0.002%$9K$46K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2305+0.036%$2K100xas long as short
Coinbase International BERA-PERP-INTX+0.0600%1h0.2317+0.562%$20K$54K50xas long as short