Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.034%
Price spread now: BloFin against Gate−0.088%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1241.237% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 3 days (all we have)+0.088%+$9 · spread now −0.088%, 7d avg +0.034%
=Funding pays, the price is against you. BloFin is 0.122% cheaper against Gate than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.034%). If the spread goes back, that is −$12 on $10k: about 10 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BERA_USDT | 0.2268 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $335K | $391K | 50x |
| Short | BloFin BERA-USDT | 0.2266 | 0.0140 | get 0.0070% / 4h | 1h 50m | $289K | $87K | 75x |
Gate BERA_USDT
BloFin BERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $8.34
- Price spread: −0.088% → +0.034%
- −$12.22
- Slippage, 4 orders
- −$96.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$127.62
- Costs to cover
- 1.237%
- Break-even
- 114.1 days
Slippage from Gate: live order book, 30 min ago; BloFin: live order book, 26 min ago.
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 Gate live order book, 30 min ago | 6.58 bp | 46.9 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 26 min ago | 4.40 bp | 14.7 bp −$15 | 40.1 bp −$401 | doesn't fit | doesn't fit |
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 | 0.2133 | −5.952% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0320% | 1h | 0.2259 | −0.397% | $10K | $45K | 50x | as long as short |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2268 | −0.013% | $51K | $26K | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2268 | −0.004% | $62K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2270 | +0.090% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2270 | +0.088% | $5.5M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2264 | −0.176% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2265 | −0.132% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDTlong | +0.0100% | 4h | 0.2268 | long leg | $335K | $391K | 50x | |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2268 | 0.000% | $1.2M | $431K | 20x | as long as short |
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
Kraken Futures PF_BERAUSD
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
MEXC BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2265 | −0.132% | $549K | $218K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2269 | +0.044% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2268 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2269 | +0.058% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2277 | +0.384% | $117K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | +0.088% | $32K | $454K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2269 | +0.044% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2268 | +0.022% | $372 | $6K | 5x | as long as short |
| BloFin BERA-USDTshort | +0.0140% | 4h | 0.2266 | −0.088% | $289K | $87K | 75x | |
| 01 Exchange BERAUSD | +0.0176% | 1h | 0.2267 | −0.044% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0191% | 1h | 0.2268 | 0.000% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2269 | +0.031% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.1018% | 1h | 0.2269 | +0.040% | $37K | $149K | 5x | as long as short |
| Hyperliquid BERA | +0.1046% | 1h | 0.2273 | +0.229% | $2.9M | $960K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP
Hyperliquid BERA