Funding you earn now, next payment 05:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h −0.006%
Price spread now: Deribit against Bybit+0.174%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.445%−$44 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.174% dearer against Bybit than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.445%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BERAUSDT | 0.2303 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $3.1M | $2.7M | 25x |
| Short | Deribit BERA_USDC-PERPETUAL | 0.2307 | 0.0184 | get 0.0023% / 1h | 31m 53s | $3K | $45K | 25x |
Bybit BERAUSDT
Deribit BERA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bybit. 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
- $17.57
- Price spread: +0.174% → 0.000%
- $17.37
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $16.94
- Costs to cover
- 0.180%
- Break-even
- 0.3 days
Slippage unknown: Bybit: live order book, 5 min ago; Deribit: 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 Bybit live order book, 5 min ago | 2.17 bp | 24.8 bp −$25 | 69.4 bp −$694 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 PERP | −0.5000% | 1h | 0.2166 | −5.949% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1521% | 1h | 0.2308 | +0.203% | $52K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2317 | +0.608% | $22K | $59K | 50x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2306 | +0.143% | $65K | $84K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2310 | +0.304% | $2.9M | $625K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2307 | +0.173% | $15K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2307 | +0.173% | $5.5M | $10.6M | 50x | as long as short |
| Bybit BERAUSDTlong | +0.0100% | 4h | 0.2303 | long leg | $3.1M | $2.7M | 25x | |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2304 | +0.043% | $1.5M | $2.3M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2306 | +0.130% | $372K | $274K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance 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 | 0.2306 | +0.130% | $1.2M | $379K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2305 | +0.087% | $553K | $201K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2305 | +0.087% | $1.5M | $840K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2307 | +0.174% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2306 | +0.152% | $29K | $154K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2303 | −0.017% | $85K | $52K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2310 | +0.286% | $115K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2310 | +0.304% | $48K | $432K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2306 | +0.130% | $9K | $937 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2306 | +0.122% | $373 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0120% | 4h | 0.2301 | −0.087% | $283K | $77K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0168% | 1h | 0.2305 | +0.087% | $3K | $872 | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0170% / S −0.0061% | 1h | 0.2306 | +0.137% | $4K | — | 100x | as long as short |
| Deribit BERA_USDC-PERPETUALshort | +0.0184% | 1h | 0.2307 | +0.174% | $3K | $45K | 25x |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]