Funding you earn now, next payment 22:00 UTC−0.5100%/8h= −558.5% APRpaid last 24h −0.796%
Price spread now: Injective against BingX−5.592%102s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+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 −$153 a day on $10k at the current rate, and Injective is 5.592% cheaper against BingX than usual: you would sell low and buy high (−$559 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 102 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 | BingX BERA-USDT | 0.2271 | 0.0100 | pay 0.0050% / 4h | 2h 15m | — | $6.6M | — |
| Short | Injective BERA/USDC PERP | 0.2144 | −0.5000 | pay 0.0625% / 1h | 15m 42s | $2K | $4K | 12x |
BingX BERA-USDT
Injective BERA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$1,071
- Price spread: −5.592% → 0.000%
- −$559.23
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,640.25
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 6 min ago; Injective: 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, 6 min ago | 4.39 bp | 18.2 bp −$18 | 43.7 bp −$437 | 558.5 bp −$55.8K | 808.8 bp −$404.4K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 PERPshort | −0.5000% | 1h | 0.2144 | −5.592% | $2K | $4K | 12x | |
| Kraken Futures PF_BERAUSD | −0.0565% | 1h | 0.2271 | −0.003% | $51K | $26K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2259 | −0.528% | $10K | $45K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2273 | +0.088% | $4K | $62K | 25x | as long as short |
| 01 Exchange BERAUSD | +0.0048% | 1h | 0.2271 | 0.000% | $4K | $2K | 5x | as long as short |
| BloFin BERA-USDT | +0.0074% | 4h | 0.2279 | +0.352% | $291K | $88K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2270 | −0.035% | $63K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2276 | +0.215% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2271 | 0.000% | $5.5M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2268 | −0.132% | $3.1M | $4.2M | 25x | as long as short |
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Deribit BERA_USDC-PERPETUAL
01 Exchange BERAUSD
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2269 | −0.088% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2272 | +0.044% | $336K | $390K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2270 | −0.044% | $1.2M | $436K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2272 | +0.044% | $551K | $220K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2272 | +0.044% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDTlong | +0.0100% | 4h | 0.2271 | long leg | — | $6.6M | — | |
| Variational Omni BERA | +0.0100% | 4h | 0.2277 | +0.281% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2282 | +0.483% | $106K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2280 | +0.396% | $34K | $456K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2274 | +0.132% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2273 | +0.084% | $372 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2274 | +0.128% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0849% | 1h | 0.2276 | +0.198% | $2.9M | $966K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0926% | 1h | 0.2275 | +0.154% | $38K | $149K | 5x | as long as short |
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP