Funding you earn now, next payment 03:00 UTC+0.0409%/8h= +44.8% APRpaid last 24h +0.153%
Price spread now: BloFin against Coinbase International+0.434%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.284%+$28 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 +$12 a day on $10k at the current rate, and BloFin is 0.434% dearer against Coinbase International than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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 0.284% in total (about 14.8% a year). A funding rate is set anew for every payment. 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 | Coinbase International BERA-PERP-INTX | 0.2306 | −0.0328 | get 0.0041% / 1h | 27m 45s | $15K | $54K | 50x |
| Short | BloFin BERA-USDT | 0.2316 | 0.0081 | get 0.0040% / 4h | 27m 45s | $283K | $77K | 75x |
Coinbase International BERA-PERP-INTX
BloFin BERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. 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
- $85.86
- Price spread: +0.434% → 0.000%
- $43.37
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $107.22
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; BloFin: live order book, 7 min ago. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 7 min ago | 4.37 bp | 25.8 bp −$26 | 45.1 bp −$451 | doesn't fit | doesn't fit |
Coinbase International: 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 | 0.2171 | −5.854% | $2K | $3K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0487% | 1h | 0.2307 | +0.030% | $52K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXlong | −0.0328% | 1h | 0.2306 | long leg | $15K | $54K | 50x | |
| BloFin BERA-USDTshort | +0.0081% | 4h | 0.2316 | +0.434% | $283K | $77K | 75x | |
| Lighter BERA | +0.0096% | 1h | 0.2310 | +0.173% | $62K | $81K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2313 | +0.289% | $15K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2312 | +0.259% | $5.4M | $14.2M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2311 | +0.217% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2306 | 0.000% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2312 | +0.260% | $355K | $357K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
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 | 0.2313 | +0.304% | $1.2M | $399K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2313 | +0.304% | $557K | $230K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2311 | +0.217% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2311 | +0.217% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2298 | −0.343% | $84K | $49K | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.694% | $34K | $443K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2311 | +0.217% | $9K | $987 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2309 | +0.152% | $380 | $6K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0183% | 1h | 0.2311 | +0.217% | $3K | $59K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2311 | +0.197% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0280% | 1h | 0.2312 | +0.260% | $3K | $3K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0404% | 4h | 0.2303 | −0.130% | $115K | $3.2M | 10x | as long as short |
| Hyperliquid BERA | +0.0428% | 1h | 0.2314 | +0.360% | $2.9M | $926K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0546% | 1h | 0.2312 | +0.269% | $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
GRVT BERA_USDT_Perp
Hyperliquid BERA
Backpack BERA_USDC_PERP