Funding you earn now, next payment 01:00 UTC+0.0186%/8h= +20.4% APRpaid last 24h +0.020%
Price spread now: GRVT against Deribit+0.438%75s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.503%+$50 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GRVT is 0.438% dearer against Deribit than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BERA_USDC-PERPETUAL | 0.2277 | 0 | get 0.0000% / 1h | 18m 10s | $4K | $56K | 25x |
| Short | GRVT BERA_USDT_Perp | 0.2287 | 0.0186 | get 0.0093% / 4h | 3h 18m | $118K | $2.9M | 10x |
Deribit BERA_USDC-PERPETUAL
GRVT BERA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $39.06
- Price spread: +0.438% → 0.000%
- $43.82
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $66.88
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; GRVT: live order book, 6 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 GRVT live order book, 6 min ago | 4.38 bp | 17.0 bp −$17 | 58.6 bp −$586 | 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 | 0.2148 | −5.665% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0529% | 1h | 0.2277 | +0.009% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2276 | −0.044% | $9K | $45K | 50x | as long as short |
| Variational Omni BERA | −0.0170% | 4h | 0.2282 | +0.203% | $84K | $49K | — | as long as short |
| Deribit BERA_USDC-PERPETUALlong | 0.0000% | 1h | 0.2277 | long leg | $4K | $56K | 25x | |
| Bybit BERAUSDT | +0.0076% | 4h | 0.2279 | +0.088% | $3.1M | $4.1M | 25x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2279 | +0.101% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2276 | −0.029% | $13K | $24K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2282 | +0.220% | $5.6M | $13.5M | 50x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2281 | +0.176% | $1.5M | $3.2M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
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 | +0.132% | $339K | $376K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2283 | +0.264% | $1.2M | $446K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2279 | +0.088% | $542K | $228K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2284 | +0.307% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2282 | +0.220% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.571% | $32K | $456K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2277 | 0.000% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2278 | +0.066% | $371 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0114% | 4h | 0.2288 | +0.483% | $291K | $90K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0184% | 1h | 0.2274 | −0.132% | $4K | $2K | 5x | as long as short |
| GRVT BERA_USDT_Perpshort | +0.0186% | 4h | 0.2287 | +0.438% | $118K | $2.9M | 10x | |
| Hyperliquid BERA | +0.0192% | 1h | 0.2287 | +0.452% | $2.9M | $909K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2277 | −0.016% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0614% | 1h | 0.2283 | +0.277% | $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
BloFin BERA-USDT
01 Exchange BERAUSD
Hyperliquid BERA
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP