Funding you earn now, next payment 22:00 UTC+0.0420%/8h= +46.0% APRpaid last 24h +0.104%
Price spread now: Gate against Coinbase International+0.266%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.213%+$21 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 Gate is 0.266% dearer against Coinbase International than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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 0.213% in total (about 11.1% 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 | 0.2259 | −0.0320 | get 0.0040% / 1h | 56m 21s | $10K | $45K | 50x |
| Short | Gate BERA_USDT | 0.2265 | 0.0100 | get 0.0050% / 4h | 1h 56m | $334K | $390K | 50x |
Coinbase International BERA-PERP-INTX
Gate BERA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $88.2
- Price spread: +0.266% → 0.000%
- $26.56
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $89.76
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Gate: live order book, 24 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 Gate live order book, 24 min ago | 6.58 bp | 44.3 bp −$44 | doesn't fit | 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 | 0.2131 | −5.666% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTXlong | −0.0320% | 1h | 0.2259 | long leg | $10K | $45K | 50x | |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2265 | +0.268% | $51K | $26K | 20x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2266 | +0.310% | $4K | $62K | 25x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2271 | +0.522% | $63K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2271 | +0.514% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2274 | +0.660% | $5.5M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2270 | +0.487% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2269 | +0.443% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDTshort | +0.0100% | 4h | 0.2265 | +0.266% | $334K | $390K | 50x |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Deribit BERA_USDC-PERPETUAL
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2273 | +0.620% | $1.2M | $431K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2263 | +0.177% | $548K | $219K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2270 | +0.487% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2267 | +0.354% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2259 | +0.019% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2266 | +0.330% | $105K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | +0.044% | $32K | $454K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2273 | +0.620% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2265 | +0.257% | $371 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0124% | 4h | 0.2265 | +0.266% | $290K | $87K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0152% | 1h | 0.2274 | +0.664% | $4K | $2K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2273 | +0.629% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0906% | 1h | 0.2278 | +0.832% | $2.9M | $957K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0981% | 1h | 0.2269 | +0.429% | $37K | $149K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
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]
Hyperliquid BERA
Backpack BERA_USDC_PERP