Funding you earn now, next payment 00:00 UTC+0.0428%/8h= +46.9% APRpaid last 24h +0.094%
Price spread now: Bybit against Coinbase International+0.088%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+0.166%+$17 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 +$13 a day on $10k at the current rate, and Bybit is 0.088% dearer against Coinbase International than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.166% in total (about 8.7% 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 | 0.2281 | −0.0328 | get 0.0041% / 1h | 19m 48s | $10K | $45K | 50x |
| Short | Bybit BERAUSDT | 0.2283 | 0.0100 | get 0.0050% / 4h | 3h 19m | $3.1M | $4.1M | 25x |
Coinbase International BERA-PERP-INTX
Bybit BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $89.88
- Price spread: +0.088% → 0.000%
- $8.77
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $77.65
- Costs to cover
- 0.210%
- Break-even
- 1.0 days
Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 4.38 bp | 26.4 bp −$26 | 150.5 bp −$1,505 | 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 | 0.2148 | −5.831% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0527% | 1h | 0.2283 | +0.096% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXlong | −0.0328% | 1h | 0.2281 | long leg | $10K | $45K | 50x | |
| Variational Omni BERA | −0.0170% | 4h | 0.2282 | +0.027% | $84K | $49K | — | as long as short |
| BloFin BERA-USDT | +0.0050% | 4h | 0.2285 | +0.175% | $290K | $90K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2286 | +0.228% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2286 | +0.239% | $13K | $24K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2287 | +0.263% | $5.6M | $13.5M | 50x | as long as short |
| Bybit BERAUSDTshort | +0.0100% | 4h | 0.2283 | +0.088% | $3.1M | $4.1M | 25x | |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2284 | +0.132% | $1.5M | $3.2M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Variational Omni BERA
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2285 | +0.175% | $339K | $376K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2287 | +0.263% | $1.3M | $438K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2283 | +0.088% | $543K | $228K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2286 | +0.219% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2284 | +0.132% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2300 | +0.833% | $32K | $455K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2286 | +0.219% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2286 | +0.197% | $372 | $6K | 5x | as long as short |
| Hyperliquid BERA | +0.0177% | 1h | 0.2291 | +0.434% | $2.9M | $908K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0184% | 1h | 0.2287 | +0.263% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0188% | 1h | 0.2286 | +0.219% | $4K | $56K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2285 | +0.177% | $2K | — | 100x | as long as short |
| GRVT BERA_USDT_Perp | +0.0270% | 4h | 0.2290 | +0.396% | $105K | $2.9M | 10x | as long as short |
| Backpack BERA_USDC_PERP | +0.0614% | 1h | 0.2287 | +0.272% | $37K | $150K | 5x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
Hyperliquid BERA
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
GRVT BERA_USDT_Perp
Backpack BERA_USDC_PERP