Funding you earn now, next payment 04:00 UTC+0.0323%/8h= +35.4% APRnext payment +$1.62 per $10,000 · paid last 24h −0.029%
Price spread now: GRVT against BloFin−0.561%102s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as 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−$880.885% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)+0.577%+$58 · spread now −0.561%, 7d avg −0.010%
=Together, before fees+0.536%+ Points / potential airdropGRVT: Active · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.551% cheaper against BloFin than usual: you would sell low and buy high (spread −0.561% now, against its 7-day average of −0.010%). If the spread goes back, that is −$55 on $10k: about 5.7 days of funding at the current rate (+$10 a day). The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.041% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.62 per $10,000. 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 | BloFin BERA-USDT | 0.2316 | 0.0081 | pay 0.0040% / 4h | 27m 32s | $283K | $77K | 75x |
| Short | GRVT BERA_USDT_Perp | 0.2303 | 0.0404 | get 0.0202% / 4h | 27m 32s | $115K | $3.2M | 10x |
BloFin BERA-USDT
GRVT BERA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $67.86
- Price spread: −0.561% → −0.010%
- −$55.11
- Slippage, 4 orders
- −$67.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$75.72
- Costs to cover
- 0.885%
- Break-even
- 14.8 days
Slippage from BloFin: live order book, 7 min ago; GRVT: live order book, 1 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, 7 min ago | 4.37 bp | 13.5 bp −$14 | 36.9 bp −$369 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 4.32 bp | 21.2 bp −$21 | 51.3 bp −$513 | 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 | 0.2171 | −6.261% | $2K | $3K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0487% | 1h | 0.2307 | −0.402% | $52K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2306 | −0.432% | $15K | $54K | 50x | as long as short |
| BloFin BERA-USDTlong | +0.0081% | 4h | 0.2316 | long leg | $283K | $77K | 75x | |
| Lighter BERA | +0.0096% | 1h | 0.2312 | −0.155% | $62K | $81K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2313 | −0.143% | $15K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2312 | −0.173% | $5.4M | $14.2M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2310 | −0.259% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2309 | −0.302% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2312 | −0.173% | $355K | $357K | 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 | 0.2312 | −0.173% | $1.2M | $399K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2311 | −0.216% | $557K | $230K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2311 | −0.216% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2312 | −0.173% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2298 | −0.773% | $84K | $49K | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2300 | −0.691% | $51K | $451K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2311 | −0.216% | $9K | $987 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2309 | −0.281% | $380 | $6K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0183% | 1h | 0.2311 | −0.216% | $3K | $59K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2310 | −0.277% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0280% | 1h | 0.2312 | −0.173% | $3K | $3K | 5x | as long as short |
| GRVT BERA_USDT_Perpshort | +0.0404% | 4h | 0.2303 | −0.561% | $115K | $3.2M | 10x | |
| Hyperliquid BERA | +0.0424% | 1h | 0.2316 | −0.017% | $2.9M | $926K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0546% | 1h | 0.2312 | −0.164% | $28K | $161K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Hyperliquid BERA
Backpack BERA_USDC_PERP