Funding you earn now, next payment 04:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h +0.016%
Price spread now: Binance against Deribit+0.120%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+0.507%+$51 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.120% dearer against Deribit than usual: you sell high and buy low (spread +0.120% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.507%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BERA_USDC-PERPETUAL | 0.2302 | 0.0185 | pay 0.0023% / 1h | 53m 23s | $2K | $55K | 25x |
| Short | Binance BERAUSDT | 0.2305 | 0.0100 | get 0.0050% / 4h | 53m 23s | $5.4M | $14.2M | 50x |
Deribit BERA_USDC-PERPETUAL
Binance BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- −$17.79
- Price spread: +0.120% → 0.000%
- $11.96
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.83
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 2 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 2.17 bp | 15.5 bp −$16 | 54.1 bp −$541 | doesn't fit | doesn't fit |
Deribit: 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 | 0.2168 | −5.821% | $2K | $3K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0489% | 1h | 0.2299 | −0.144% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2281 | −0.912% | $15K | $53K | 50x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2305 | +0.148% | $62K | $81K | 5x | as long as short |
| Orderly PERP_BERA_USDC | +0.0099% | 4h | 0.2302 | 0.000% | $9K | $987 | 10x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2303 | +0.036% | $15K | $27K | 5x | as long as short |
| Binance BERAUSDTshort | +0.0100% | 4h | 0.2305 | +0.120% | $5.4M | $14.2M | 50x | |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2303 | +0.043% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2304 | +0.087% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2303 | +0.043% | $347K | $350K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Lighter BERA
Orderly PERP_BERA_USDC
Aster 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 | 0.2304 | +0.087% | $1.2M | $397K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2302 | 0.000% | $554K | $230K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2304 | +0.087% | $1.5M | $1.0M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2303 | +0.043% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2301 | −0.060% | $84K | $49K | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.521% | $32K | $460K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2303 | +0.022% | $376 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0159% | 4h | 0.2307 | +0.217% | $284K | $74K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUALlong | +0.0185% | 1h | 0.2302 | long leg | $2K | $55K | 25x | |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2301 | −0.034% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0240% | 1h | 0.2307 | +0.217% | $3K | $3K | 5x | as long as short |
| Hyperliquid BERA | +0.0289% | 1h | 0.2311 | +0.378% | $2.9M | $922K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0340% | 4h | 0.2291 | −0.485% | $107K | $3.2M | 10x | as long as short |
| Backpack BERA_USDC_PERP | +0.0799% | 1h | 0.2302 | +0.009% | $29K | $160K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Hyperliquid BERA
GRVT BERA_USDT_Perp
Backpack BERA_USDC_PERP