BERA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.029%

Price spread now: BloFin against Binance−0.352%51s7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$710.712% of the position

Long on Binance Short on BloFin

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)+0.459%+$46 · spread now −0.352%, 7d avg +0.029%

Together, before fees+0.502%+$50 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.381% cheaper against Binance than usual: you would sell low and buy high (spread −0.352% now, against its 7-day average of +0.029%). If the spread goes back, that is −$38 on $10k: about 21 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.043% in total) that is about 2 months. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BERAUSDT	0.2275	0.0100	pay 0.0050% / 4h	1h 42m	$5.3M	$14.0M	50x
Short	BloFin BERA-USDT	0.2267	0.0159	get 0.0080% / 4h	1h 42m	$280K	$74K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now −0.352%Rate

Funding earned: $12.47
Price spread: −0.352% → +0.029%: −$38.05
Slippage, 4 orders: −$49.16
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$96.74
Costs to cover: 0.712%
Break-even: 61.3 days

Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 79 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 Binance live order book, 13 min ago	2.21 bp	18.3 bp −$18	55.3 bp −$553	doesn't fit	doesn't fit
Sell BloFin live order book, 79 min ago	6.62 bp	12.6 bp −$13	26.2 bp −$262	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	0.2128	−6.462%	$2K	$5K	12x	as long as short
Coinbase International BERA-PERP-INTX	−0.0376%	1h	0.2252	−1.011%	$15K	$52K	50x	as long as short
Kraken Futures PF_BERAUSD	−0.0184%	1h	0.2269	−0.255%	$51K	$25K	20x	as long as short
Lighter BERA	+0.0096%	1h	0.2272	−0.123%	$61K	$88K	5x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2272	−0.132%	$9K	$883	10x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2271	−0.191%	$16K	$26K	5x	as long as short
Binance BERAUSDTlong	+0.0100%	4h	0.2275	long leg	$5.3M	$14.0M	50x
Bybit BERAUSDT	+0.0100%	4h	0.2272	−0.132%	$3.1M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2272	−0.132%	$1.5M	$3.2M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	0.2271	−0.176%	$343K	$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_USDT	+0.0100%	4h	0.2274	−0.044%	$1.2M	$435K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2271	−0.176%	$541K	$229K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2272	−0.132%	$1.4M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2272	−0.132%	—	$6.6M	—	as long as short
Variational Omni BERA	+0.0100%	4h	0.2255	−0.874%	$82K	$49K	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2260	−0.659%	$32K	$453K	50x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2272	−0.132%	$373	$6K	5x	as long as short
BloFin BERA-USDTshort	+0.0159%	4h	0.2267	−0.352%	$280K	$74K	75x
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2272	−0.125%	$2K	—	100x	as long as short
Hyperliquid BERA	+0.0379%	1h	0.2277	+0.101%	$2.9M	$913K	5x	as long as short
01 Exchange BERAUSD	+0.0400%	1h	0.2275	0.000%	$3K	$3K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0402%	4h	0.2259	−0.711%	$114K	$3.2M	10x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0631%	1h	0.2273	−0.088%	$4K	$54K	25x	as long as short
Backpack BERA_USDC_PERP	+0.0995%	1h	0.2274	−0.031%	$38K	$168K	5x	as long as short