Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.034%
Price spread now: BingX against BloFin+0.175%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$730.732% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 3 days (all we have)−0.175%−$17 · spread now +0.175%, 7d avg −0.080%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.255% dearer against BloFin than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BERA-USDT | 0.2288 | 0.0076 | pay 0.0038% / 4h | 56m 53s | $288K | $88K | 75x |
| Short | BingX BERA-USDT | 0.2292 | 0.0100 | get 0.0050% / 4h | 56m 53s | — | $6.6M | — |
BloFin BERA-USDT
BingX BERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $5.1
- Price spread: +0.175% → −0.080%
- $25.46
- Slippage, 4 orders
- −$51.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$42.65
- Costs to cover
- 0.732%
- Break-even
- 65.5 days
Slippage from BloFin: live order book, 15 min ago; BingX: live order book, 5 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, 15 min ago | 2.21 bp | 16.9 bp −$17 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 6.59 bp | 21.5 bp −$21 | 57.6 bp −$576 | 543.8 bp −$54.4K | 908.1 bp −$454.0K |
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 | 0.2156 | −5.769% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0418% | 1h | 0.2290 | +0.087% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0296% | 1h | 0.2259 | −1.267% | $9K | $45K | 50x | as long as short |
| BloFin BERA-USDTlong | +0.0076% | 4h | 0.2288 | long leg | $288K | $88K | 75x | |
| Lighter BERA | +0.0096% | 1h | 0.2293 | +0.197% | $63K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2291 | +0.141% | $14K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2291 | +0.141% | $5.5M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2288 | 0.000% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2288 | 0.000% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2290 | +0.087% | $338K | $388K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit 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 | 0.2291 | +0.131% | $1.2M | $423K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2291 | +0.131% | $556K | $226K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2290 | +0.087% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDTshort | +0.0100% | 4h | 0.2292 | +0.175% | — | $6.6M | — | |
| Variational Omni BERA | +0.0100% | 4h | 0.2274 | −0.603% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2281 | −0.306% | $106K | $2.7M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.087% | $34K | $461K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2294 | +0.262% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2294 | +0.262% | $376 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2294 | +0.249% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0232% | 1h | 0.2293 | +0.219% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERA | +0.0293% | 1h | 0.2296 | +0.337% | $2.9M | $948K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0622% | 1h | 0.2296 | +0.350% | $4K | $62K | 25x | as long as short |
| Backpack BERA_USDC_PERP | +0.1501% | 1h | 0.2294 | +0.284% | $37K | $149K | 5x | as long as short |
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]
01 Exchange BERAUSD
Hyperliquid BERA
Deribit BERA_USDC-PERPETUAL
Backpack BERA_USDC_PERP