BERA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h +0.041%

Price spread now: BloFin against Bybit−0.175%72s7-day average +0.128% · you buy dearer than you sell

Net, funding: paid 7d − costs−$73as 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−$820.824% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$9 on $10k

Price spread, last 3 days (all we have)+0.276%+$28 · spread now −0.175%, 7d avg +0.128%

Together, before fees+0.371%+$37 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.302% cheaper against Bybit than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.128%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.095%, so the current rate has only just turned against you. The two prices were read 72 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	Bybit BERAUSDT	0.2292	0.0100	pay 0.0050% / 4h	55m 57s	$3.1M	$4.1M	25x
Short	BloFin BERA-USDT	0.2288	0.0076	get 0.0038% / 4h	55m 57s	$288K	$88K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now −0.175%Rate

Funding earned: −$5.1
Price spread: −0.175% → +0.128%: −$30.24
Slippage, 4 orders: −$59.36
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$117.71
Costs to cover: 0.824%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 16 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 Bybit live order book, 2 min ago	2.18 bp	27.4 bp −$27	109.9 bp −$1,099	doesn't fit	doesn't fit
Sell BloFin live order book, 16 min ago	2.21 bp	16.9 bp −$17	41.9 bp −$419	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	0.2156	−5.934%	$2K	$4K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.0417%	1h	0.2294	+0.068%	$51K	$24K	20x	as long as short
Coinbase International BERA-PERP-INTX	−0.0296%	1h	0.2259	−1.440%	$9K	$45K	50x	as long as short
BloFin BERA-USDTshort	+0.0076%	4h	0.2288	−0.175%	$288K	$88K	75x
Lighter BERA	+0.0096%	1h	0.2298	+0.240%	$62K	$90K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2297	+0.200%	$14K	$27K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2296	+0.175%	$5.6M	$13.5M	50x	as long as short
Bybit BERAUSDTlong	+0.0100%	4h	0.2292	long leg	$3.1M	$4.1M	25x
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2293	+0.044%	$1.5M	$3.2M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	0.2294	+0.087%	$339K	$388K	50x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BERA_USDT	+0.0100%	4h	0.2297	+0.218%	$1.2M	$423K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2294	+0.087%	$557K	$223K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2295	+0.131%	$1.5M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2296	+0.175%	—	$6.6M	—	as long as short
Variational Omni BERA	+0.0100%	4h	0.2274	−0.777%	$84K	$49K	—	as long as short
GRVT BERA_USDT_Perp	+0.0100%	4h	0.2281	−0.480%	$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	0.2297	+0.218%	$9K	$1K	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2297	+0.214%	$376	$6K	5x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2296	+0.195%	$2K	—	100x	as long as short
01 Exchange BERAUSD	+0.0232%	1h	0.2293	+0.044%	$4K	$2K	5x	as long as short
Hyperliquid BERA	+0.0351%	1h	0.2300	+0.340%	$2.9M	$949K	5x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0621%	1h	0.2298	+0.262%	$4K	$62K	25x	as long as short
Backpack BERA_USDC_PERP	+0.1476%	1h	0.2299	+0.314%	$37K	$149K	5x	as long as short