Funding you earn now, next payment 00:00 UTC−0.0428%/8h= −46.9% APRpaid last 24h −0.105%
Price spread now: Coinbase International against Binance+0.215%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.222%−$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Coinbase International is 0.215% dearer against Binance than usual: you sell high and buy low (spread +0.215% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 7 days (−0.222% in total) that is about 6.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.222% in total (about -11.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BERAUSDT | 0.2276 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $5.6M | $13.5M | 50x |
| Short | Coinbase International BERA-PERP-INTX | 0.2281 | −0.0328 | pay 0.0041% / 1h | 18m 42s | $10K | $45K | 50x |
Binance BERAUSDT
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$89.88
- Price spread: +0.215% → 0.000%
- $21.47
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$88.41
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 7 min ago; Coinbase International: 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 Binance live order book, 7 min ago | 2.18 bp | 17.5 bp −$18 | 56.1 bp −$561 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 | 0.2148 | −5.629% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0528% | 1h | 0.2279 | +0.127% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXshort | −0.0328% | 1h | 0.2281 | +0.215% | $10K | $45K | 50x | |
| Variational Omni BERA | −0.0170% | 4h | 0.2282 | +0.242% | $84K | $49K | — | as long as short |
| Bybit BERAUSDT | +0.0076% | 4h | 0.2274 | −0.093% | $3.1M | $4.1M | 25x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2277 | +0.026% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2280 | +0.149% | $13K | $24K | 5x | as long as short |
| Binance BERAUSDTlong | +0.0100% | 4h | 0.2276 | long leg | $5.6M | $13.5M | 50x | |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2274 | −0.093% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2282 | +0.259% | $339K | $376K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Variational Omni BERA
Bybit BERAUSDT
Lighter BERA
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 | 0.2276 | −0.005% | $1.3M | $438K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2280 | +0.171% | $542K | $228K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2277 | +0.039% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2278 | +0.083% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.610% | $32K | $456K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2285 | +0.390% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2282 | +0.267% | $372 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0114% | 4h | 0.2288 | +0.522% | $291K | $90K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0184% | 1h | 0.2287 | +0.478% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERA | +0.0184% | 1h | 0.2282 | +0.263% | $2.9M | $908K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0186% | 4h | 0.2287 | +0.477% | $118K | $2.9M | 10x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0188% | 1h | 0.2285 | +0.390% | $4K | $56K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2285 | +0.408% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0623% | 1h | 0.2283 | +0.294% | $37K | $150K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
Hyperliquid BERA
GRVT BERA_USDT_Perp
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP