Funding you earn now, next payment 02:00 UTC−0.0410%/8h= −44.9% APRpaid last 24h −0.044%
Price spread now: Aster against Backpack−0.146%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aster is 0.146% cheaper against Backpack than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack BERA_USDC_PERP | 0.2262 | 0.0510 | pay 0.0064% / 1h | 52m 29s | $38K | $155K | 5x |
| Short | Aster BERAUSDT | 0.2259 | 0.0100 | get 0.0050% / 4h | 2h 52m | $14K | $25K | 5x |
Backpack BERA_USDC_PERP
Aster BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$86.03
- Price spread: −0.146% → 0.000%
- −$14.63
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$118.66
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 16 min ago; Aster: no order-book sample. Net counts fees only.
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 Backpack live order book, 16 min ago | 0.22 bp | 11.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERP | −0.5000% | 1h | 0.2115 | −6.515% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1064% | 1h | 0.2254 | −0.358% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0280% | 1h | 0.2241 | −0.946% | $15K | $51K | 50x | as long as short |
| Variational Omni BERA | −0.0102% | 4h | 0.2243 | −0.873% | $83K | $49K | — | as long as short |
| BloFin BERA-USDT | +0.0095% | 4h | 0.2260 | −0.106% | $289K | $88K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2260 | −0.093% | $61K | $89K | 5x | as long as short |
| Aster BERAUSDTshort | +0.0100% | 4h | 0.2259 | −0.146% | $14K | $25K | 5x | |
| Binance BERAUSDT | +0.0100% | 4h | 0.2265 | +0.113% | $5.4M | $13.8M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2261 | −0.062% | $3.0M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2261 | −0.062% | $1.5M | $3.2M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
BloFin BERA-USDT
Lighter BERA
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2256 | −0.283% | $334K | $372K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2263 | +0.027% | $1.2M | $441K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2257 | −0.239% | $538K | $230K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2262 | −0.018% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2259 | −0.150% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | −0.106% | $32K | $464K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2256 | −0.283% | $8K | $686 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2257 | −0.239% | $367 | $6K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0120% | 4h | 0.2247 | −0.681% | $106K | $3.0M | 10x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0193% | 1h | 0.2258 | −0.194% | $4K | $56K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2256 | −0.271% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0256% | 1h | 0.2265 | +0.115% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERA | +0.0285% | 1h | 0.2266 | +0.181% | $2.9M | $914K | 5x | as long as short |
| Backpack BERA_USDC_PERPlong | +0.0510% | 1h | 0.2262 | long leg | $38K | $155K | 5x |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GRVT BERA_USDT_Perp
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Hyperliquid BERA