Funding you earn now, next payment 00:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.27 per $10,000 · paid last 24h −0.034%
Price spread now: Binance against BloFin+0.088%91s7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as 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−$680.676% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 3 days (all we have)−0.099%−$10 · spread now +0.088%, 7d avg −0.028%
=The price spread pays, funding is against you. Binance is 0.116% dearer against BloFin than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of −0.028%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.3 days. At the pace of the last 7 days (−0.043% in total) that is about 19 days. The two prices were read 91 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 | BloFin BERA-USDT | 0.2264 | 0.0153 | pay 0.0077% / 4h | 1h 11m | $288K | $88K | 75x |
| Short | Binance BERAUSDT | 0.2266 | 0.0100 | get 0.0050% / 4h | 1h 11m | $5.5M | $13.5M | 50x |
BloFin BERA-USDT
Binance BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$11.18
- Price spread: +0.088% → −0.028%
- $11.63
- Slippage, 4 orders
- −$45.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.15
- Costs to cover
- 0.676%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 65 min ago; Binance: live order book, 14 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 BloFin live order book, 65 min ago | 4.40 bp | 17.8 bp −$18 | 38.1 bp −$381 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.21 bp | 15.7 bp −$16 | 56.2 bp −$562 | 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 | 0.2129 | −5.963% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0320% | 1h | 0.2259 | −0.221% | $9K | $45K | 50x | as long as short |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2269 | +0.223% | $51K | $24K | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2266 | +0.088% | $62K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2267 | +0.139% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDTshort | +0.0100% | 4h | 0.2266 | +0.088% | $5.5M | $13.5M | 50x | |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2263 | −0.044% | $3.0M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2264 | 0.000% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2265 | +0.044% | $334K | $394K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2266 | +0.088% | $1.2M | $433K | 20x | as long as short |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
Kraken Futures PF_BERAUSD
Lighter BERA
Aster BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2264 | 0.000% | $546K | $221K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2265 | +0.044% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2264 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2259 | −0.211% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2267 | +0.141% | $115K | $2.7M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | −0.177% | $32K | $457K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2266 | +0.088% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2266 | +0.088% | $371 | $6K | 5x | as long as short |
| BloFin BERA-USDTlong | +0.0153% | 4h | 0.2264 | long leg | $288K | $88K | 75x | |
| 01 Exchange BERAUSD | +0.0176% | 1h | 0.2266 | +0.088% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0191% | 1h | 0.2267 | +0.133% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2266 | +0.074% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0477% | 1h | 0.2270 | +0.252% | $2.9M | $948K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0758% | 1h | 0.2268 | +0.163% | $36K | $149K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP