Funding you earn now, next payment 23:00 UTC−0.0396%/8h= −43.4% APRpaid last 24h −0.100%
Price spread now: Coinbase International against BingX−0.439%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Coinbase International is 0.439% cheaper against BingX than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.221% in total (about -11.5% 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 | BingX BERA-USDT | 0.2279 | 0.0100 | pay 0.0050% / 4h | 10m 07s | — | $6.6M | — |
| Short | Coinbase International BERA-PERP-INTX | 0.2269 | −0.0296 | pay 0.0037% / 1h | 10m 07s | $9K | $44K | 50x |
BingX BERA-USDT
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. 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
- −$83.16
- Price spread: −0.439% → 0.000%
- −$43.88
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$147.04
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 2 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 BingX live order book, 2 min ago | 4.40 bp | 14.2 bp −$14 | 38.5 bp −$385 | 521.9 bp −$52.2K | 847.7 bp −$423.9K |
| 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 | 0.2140 | −6.099% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0420% | 1h | 0.2280 | +0.045% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXshort | −0.0296% | 1h | 0.2269 | −0.439% | $9K | $44K | 50x | |
| Variational Omni BERA | −0.0036% | 4h | 0.2270 | −0.387% | $84K | $49K | — | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2282 | +0.132% | $4K | $61K | 25x | as long as short |
| Bybit BERAUSDT | +0.0044% | 4h | 0.2278 | −0.044% | $3.1M | $4.1M | 25x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2281 | +0.101% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2279 | +0.021% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2282 | +0.132% | $5.6M | $13.5M | 50x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2279 | 0.000% | $1.5M | $3.2M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Variational Omni BERA
Deribit BERA_USDC-PERPETUAL
Bybit BERAUSDT
Lighter BERA
Aster BERAUSDT
Binance 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 | 0.2276 | −0.132% | $337K | $390K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2281 | +0.088% | $1.3M | $436K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2276 | −0.132% | $545K | $227K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2281 | +0.088% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDTlong | +0.0100% | 4h | 0.2279 | long leg | — | $6.6M | — | |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2278 | −0.044% | $108K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2280 | +0.044% | $37K | $461K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2281 | +0.088% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2282 | +0.132% | $368 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0101% | 4h | 0.2279 | 0.000% | $291K | $84K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0152% | 1h | 0.2282 | +0.132% | $4K | $2K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2281 | +0.108% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0312% | 1h | 0.2286 | +0.285% | $2.9M | $954K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0579% | 1h | 0.2283 | +0.197% | $37K | $148K | 5x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP