Funding arb · Price arb /

BERA

all BERA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against MEXC−0.526%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$315as in the Funding arb table

Net, price: spread back to 7d avg − costs−$368as in the Price arb table

costs, in and out, $10k−$3163.156% of the position

Long on MEXC Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.933%+$93 · spread now −0.526%, 7d avg −0.005%

Together, before fees+0.935%+$93 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 0.521% cheaper against MEXC than usual: you would sell low and buy high, −$52 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BERA_USDT	0.2282	0.0100	pay 0.0050% / 4h	1h 30m	$1.2M	$436K	20x
Short	ApeX Omni BERAUSDT	0.2270	0.0100	get 0.0013% / 1h	30m 51s	$32K	$453K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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 MEXCbpFee ApeX OmnibpOrdersPrice spread, now −0.526%Rate

Funding earned: $0
Price spread: −0.526% → −0.005%: −$52.13
Slippage, 4 orders: −$297.65
Fee MEXC: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$367.77
Costs to cover: 3.156%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; ApeX Omni: live order book, 32 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 MEXC live order book, 5 min ago	2.20 bp	13.7 bp −$14	37.9 bp −$379	254.3 bp −$25.4K	379.0 bp −$189.5K
Sell ApeX Omni live order book, 32 min ago	44.25 bp	153.1 bp −$153	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	0.2143	−6.091%	$2K	$5K	12x	as long as short
Coinbase International BERA-PERP-INTX	−0.0376%	1h	0.2252	−1.315%	$15K	$52K	50x	as long as short
Kraken Futures PF_BERAUSD	−0.0183%	1h	0.2278	−0.163%	$51K	$25K	20x	as long as short
Lighter BERA	+0.0096%	1h	0.2281	−0.048%	$62K	$88K	5x	as long as short
Orderly PERP_BERA_USDC	+0.0099%	4h	0.2279	−0.131%	$9K	$883	10x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2279	−0.152%	$16K	$26K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2283	+0.061%	$5.3M	$14.1M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2281	−0.044%	$3.1M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2281	−0.044%	$1.5M	$3.2M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	0.2282	0.000%	$345K	$390K	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BERA_USDTlong	+0.0100%	4h	0.2282	long leg	$1.2M	$436K	20x
KuCoin BERAUSDTM	+0.0100%	4h	0.2280	−0.088%	$543K	$229K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2282	0.000%	$1.4M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2279	−0.131%	—	$6.6M	—	as long as short
Variational Omni BERA	+0.0100%	4h	0.2277	−0.218%	$83K	$49K	—	as long as short
ApeX Omni BERAUSDTshort	+0.0100%	1h	0.2270	−0.526%	$32K	$453K	50x
SoDEX BERA-USD	+0.0100%	1h	0.2281	−0.061%	$373	$6K	5x	as long as short
BloFin BERA-USDT	+0.0133%	4h	0.2276	−0.263%	$279K	$75K	75x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2279	−0.118%	$2K	—	100x	as long as short
Hyperliquid BERA	+0.0347%	1h	0.2284	+0.105%	$2.9M	$913K	5x	as long as short
01 Exchange BERAUSD	+0.0416%	1h	0.2282	0.000%	$3K	$3K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0426%	4h	0.2278	−0.189%	$114K	$3.2M	10x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0627%	1h	0.2282	0.000%	$4K	$54K	25x	as long as short
Backpack BERA_USDC_PERP	+0.0973%	1h	0.2283	+0.066%	$35K	$157K	5x	as long as short