Funding you earn now, next payment 23:00 UTC−0.0089%/8h= −9.7% APRpaid last 24h +0.036%
Price spread now: Variational Omni against Deribit−0.514%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.514% cheaper against Deribit than usual: you would sell low and buy high (−$51 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BERA_USDC-PERPETUAL | 0.2279 | 0.0189 | pay 0.0024% / 1h | 40m 35s | $4K | $62K | 25x |
| Short | Variational Omni BERA | 0.2267 | 0.0100 | get 0.0050% / 4h | 1h 40m | $83K | $49K | — |
Deribit BERA_USDC-PERPETUAL
Variational Omni BERAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$18.69
- Price spread: −0.514% → 0.000%
- −$51.41
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$77.09
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Variational Omni: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Deribit and Variational Omni: 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 | 0.2142 | −6.011% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0320% | 1h | 0.2259 | −0.878% | $10K | $45K | 50x | as long as short |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2277 | −0.067% | $51K | $26K | 20x | as long as short |
| BloFin BERA-USDT | +0.0072% | 4h | 0.2277 | −0.088% | $289K | $88K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2278 | −0.026% | $63K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2278 | −0.023% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2279 | 0.000% | $5.5M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2276 | −0.132% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2276 | −0.132% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2277 | −0.088% | $336K | $391K | 50x | as long as short |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
Kraken Futures PF_BERAUSD
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance 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 | 0.2279 | 0.000% | $1.2M | $431K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2275 | −0.176% | $551K | $218K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2279 | 0.000% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2277 | −0.088% | — | $6.6M | — | as long as short |
| Variational Omni BERAshort | +0.0100% | 4h | 0.2267 | −0.514% | $83K | $49K | — | |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2274 | −0.228% | $105K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | −0.395% | $32K | $453K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2278 | −0.044% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2277 | −0.070% | $373 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0184% | 1h | 0.2279 | 0.000% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUALlong | +0.0189% | 1h | 0.2279 | long leg | $4K | $62K | 25x | |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2278 | −0.037% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0720% | 1h | 0.2284 | +0.219% | $2.9M | $962K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0959% | 1h | 0.2280 | +0.057% | $37K | $150K | 5x | as long as short |
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
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP