Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against Binance−0.175%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days+0.157%+$16 · spread now −0.175%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.123% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BERAUSDT | 0.2287 | 0.0100 | pay 0.0050% / 4h | 35m 17s | $5.6M | $13.5M | 50x |
| Short | Bybit BERAUSDT | 0.2283 | 0.0100 | get 0.0050% / 4h | 35m 17s | $3.1M | $4.1M | 25x |
Binance BERAUSDT
Bybit BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: −0.175% → −0.052%
- −$12.25
- Slippage, 4 orders
- −$56.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$89.48
- Costs to cover
- 0.772%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 2 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, 5 min ago | 2.18 bp | 15.4 bp −$15 | 53.3 bp −$533 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.19 bp | 24.3 bp −$24 | 89.4 bp −$894 | 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 | 0.2153 | −5.859% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0419% | 1h | 0.2287 | −0.017% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0296% | 1h | 0.2259 | −1.224% | $9K | $45K | 50x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2287 | −0.013% | $62K | $90K | 5x | as long as short |
| BloFin BERA-USDT | +0.0099% | 4h | 0.2288 | +0.044% | $292K | $89K | 75x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2288 | +0.025% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDTlong | +0.0100% | 4h | 0.2287 | long leg | $5.6M | $13.5M | 50x | |
| Bybit BERAUSDTshort | +0.0100% | 4h | 0.2283 | −0.175% | $3.1M | $4.1M | 25x | |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2284 | −0.131% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2286 | −0.044% | $338K | $389K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Lighter BERA
BloFin BERA-USDT
Aster BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2287 | 0.000% | $1.3M | $433K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2286 | −0.044% | $550K | $225K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2287 | 0.000% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2285 | −0.087% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2285 | −0.077% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2292 | +0.219% | $118K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.131% | $37K | $462K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2286 | −0.044% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2286 | −0.039% | $369 | $6K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0187% | 1h | 0.2287 | 0.000% | $4K | $62K | 25x | as long as short |
| 01 Exchange BERAUSD | +0.0200% | 1h | 0.2288 | +0.044% | $4K | $2K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2287 | −0.011% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0404% | 1h | 0.2291 | +0.197% | $2.9M | $954K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0921% | 1h | 0.2291 | +0.162% | $37K | $147K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
Deribit BERA_USDC-PERPETUAL
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP