Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.019%
Price spread now: Orderly against Bybit+0.176%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+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 $0 a day on $10k at the current rate, and Orderly is 0.176% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BERAUSDT | 0.2267 | 0.0090 | pay 0.0045% / 4h | 2h 48m | $3.1M | $4.2M | 25x |
| Short | Orderly PERP_BERA_USDC | 0.2271 | 0.0100 | get 0.0050% / 4h | 2h 48m | $9K | $1K | 10x |
Bybit BERAUSDT
Orderly PERP_BERA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $2.13
- Price spread: +0.176% → 0.000%
- $17.64
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $2.77
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 4 min ago; Orderly: 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, 4 min ago | 4.41 bp | 24.9 bp −$25 | 89.3 bp −$893 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 0.2135 | −5.823% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0565% | 1h | 0.2270 | +0.137% | $51K | $27K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2266 | −0.044% | $10K | $46K | 50x | as long as short |
| 01 Exchange BERAUSD | −0.0104% | 1h | 0.2270 | +0.132% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2271 | +0.176% | $4K | $63K | 25x | as long as short |
| Variational Omni BERA | +0.0059% | 4h | 0.2266 | −0.066% | $84K | $53K | — | as long as short |
| BloFin BERA-USDT | +0.0072% | 4h | 0.2273 | +0.265% | $294K | $88K | 75x | as long as short |
| Bybit BERAUSDTlong | +0.0090% | 4h | 0.2267 | long leg | $3.1M | $4.2M | 25x | |
| Lighter BERA | +0.0096% | 1h | 0.2270 | +0.150% | $63K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2273 | +0.282% | $13K | $28K | 5x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Variational Omni BERA
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BERAUSDT | +0.0100% | 4h | 0.2272 | +0.221% | $5.5M | $13.7M | 50x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2268 | +0.044% | $1.5M | $3.3M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2268 | +0.044% | $339K | $388K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2272 | +0.221% | $1.2M | $434K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2271 | +0.176% | $550K | $221K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2273 | +0.265% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2270 | +0.132% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2274 | +0.309% | $107K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | +0.132% | $32K | $456K | 50x | as long as short |
| Orderly PERP_BERA_USDCshort | +0.0100% | 4h | 0.2271 | +0.176% | $9K | $1K | 10x | |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2270 | +0.128% | $374 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2272 | +0.215% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0430% | 1h | 0.2272 | +0.229% | $37K | $157K | 5x | as long as short |
| Hyperliquid BERA | +0.0925% | 1h | 0.2275 | +0.348% | $2.9M | $987K | 5x | as long as short |
Binance BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP
Hyperliquid BERA