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

BERA

all BERA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against KuCoin+0.131%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$344as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3553.550% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$11 on $10k
Price spread, last 3 days (all we have)−0.070%−$7 · spread now +0.131%, 7d avg +0.002%
Together, before fees+0.045%+$4 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 0.129% dearer against KuCoin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BERAUSDTM0.22870.0100pay 0.0050% / 4h40m 59s$550K$225K50x
ShortApeX Omni BERAUSDT0.22900.0100get 0.0013% / 1h40m 59s$37K$462K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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
$0
Price spread: +0.131% → +0.002%
$12.94
Slippage, 4 orders
−$332.99
Fee KuCoin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$342.05
Costs to cover
3.550%
Break-even
never at this rate
Slippage from KuCoin: live order book, 22 min ago; ApeX Omni: live order book, 37 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 KuCoin live order book, 22 min ago2.20 bp70.1 bp −$70157.6 bp −$1,576doesn't fitdoesn't fit
Sell ApeX Omni live order book, 37 min ago22.08 bp129.6 bp −$130doesn't fitdoesn't fitdoesn't fit

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%1h0.2153−5.859%$2K$5K12xas long as short
Kraken Futures PF_BERAUSD−0.0418%1h0.2290+0.127%$51K$24K20xas long as short
Coinbase International BERA-PERP-INTX−0.0296%1h0.2259−1.224%$9K$45K50xas long as short
Lighter BERA+0.0096%1h0.2289+0.092%$62K$90K5xas long as short
Aster BERAUSDT+0.0100%4h0.2290+0.125%$14K$27K5xas long as short
Binance BERAUSDT+0.0100%4h0.2290+0.112%$5.6M$13.5M50xas long as short
Bybit BERAUSDT+0.0100%4h0.2286−0.044%$3.1M$4.1M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2286−0.044%$1.5M$3.2M20xas long as short
Gate BERA_USDT+0.0100%4h0.2289+0.087%$338K$388K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2289+0.087%$1.3M$432K20xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BERAUSDTMlong+0.0100%4h0.2287long leg$550K$225K50x
Bitget BERAUSDT+0.0100%4h0.2289+0.087%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2288+0.044%$6.6Mas long as short
Variational Omni BERA+0.0100%4h0.2289+0.097%$84K$49Kas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2292+0.219%$117K$2.8M10xas long as short
ApeX Omni BERAUSDTshort+0.0100%1h0.2290+0.131%$37K$462K50x
Orderly PERP_BERA_USDC+0.0100%4h0.2289+0.087%$9K$1K10xas long as short
SoDEX BERA-USD+0.0100%1h0.2289+0.109%$373$6K5xas long as short
BloFin BERA-USDT+0.0137%4h0.2290+0.131%$292K$91K75xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2289+0.086%$2K100xas long as short
01 Exchange BERAUSD+0.0208%1h0.2289+0.087%$4K$2K5xas long as short
Hyperliquid BERA+0.0335%1h0.2294+0.306%$2.9M$959K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0624%1h0.2290+0.131%$4K$62K25xas long as short
Backpack BERA_USDC_PERP+0.0971%1h0.2290+0.149%$37K$147K5xas long as short