Funding you earn now, next payment 23:00 UTC+0.0888%/8h= +97.3% APRnext payment +$1.11 per $10,000 · paid last 24h +0.202%
Price spread now: GMX against Coinbase International+0.483%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$27 a day on $10k at the current rate, and GMX is 0.483% dearer against Coinbase International than usual: you sell high and buy low: +$48 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 | Coinbase International BERA-PERP-INTX | 0.2269 | −0.0296 | get 0.0037% / 1h | 6m 47s | $9K | $44K | 50x |
| Short | GMX BERA/USD [ETH-USDC] | 0.2280 | L +0.0206% / S −0.0592% | get 0.0074% / 1h | 6m 47s | $2K | — | 100x |
Coinbase International BERA-PERP-INTX
GMX BERA/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $186.58
- Price spread: +0.483% → 0.000%
- $48.26
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $212.84
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; GMX: 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Coinbase International and GMX: 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 | 0.2147 | −5.377% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0420% | 1h | 0.2279 | +0.422% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXlong | −0.0296% | 1h | 0.2269 | long leg | $9K | $44K | 50x | |
| Variational Omni BERA | −0.0036% | 4h | 0.2270 | +0.052% | $84K | $49K | — | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2280 | +0.485% | $4K | $61K | 25x | as long as short |
| Bybit BERAUSDT | +0.0017% | 4h | 0.2276 | +0.309% | $3.1M | $4.1M | 25x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2279 | +0.445% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2281 | +0.524% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2280 | +0.485% | $5.6M | $13.5M | 50x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2275 | +0.264% | $1.5M | $3.2M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Variational Omni BERA
Deribit BERA_USDC-PERPETUAL
Bybit BERAUSDT
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 | 0.2280 | +0.485% | $337K | $390K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2280 | +0.485% | $1.3M | $437K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2278 | +0.397% | $545K | $227K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2280 | +0.485% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2279 | +0.441% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2284 | +0.642% | $116K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2280 | +0.485% | $37K | $461K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2279 | +0.441% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2279 | +0.458% | $368 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0152% | 1h | 0.2279 | +0.441% | $4K | $2K | 5x | as long as short |
| BloFin BERA-USDT | +0.0154% | 4h | 0.2283 | +0.617% | $292K | $83K | 75x | as long as short |
| GMX BERA/USD [ETH-USDC]short | L +0.0206% / S −0.0592% | 1h | 0.2280 | +0.483% | $2K | — | 100x | |
| Hyperliquid BERA | +0.0280% | 1h | 0.2283 | +0.613% | $2.9M | $953K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0565% | 1h | 0.2280 | +0.498% | $37K | $148K | 5x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
01 Exchange BERAUSD
BloFin BERA-USDT
Hyperliquid BERA
Backpack BERA_USDC_PERP