Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Gate+0.220%51s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1671.668% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.220%, 7d avg +0.005%
=Together, before fees−0.238%+ Points / potential airdropGRVT: Active · farm board−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.216% dearer against Gate than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 51 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 | Gate BERA_USDT | 0.2268 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $339K | $388K | 50x |
| Short | GRVT BERA_USDT_Perp | 0.2273 | 0.0100 | get 0.0050% / 4h | 2h 40m | $117K | $2.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0
- Price spread: +0.220% → +0.005%
- $21.56
- Slippage, 4 orders
- −$142.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$145.24
- Costs to cover
- 1.668%
- Break-even
- never at this rate
Slippage from Gate: live order book, 44 min ago; GRVT: live order book, 3 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, 44 min ago | 6.59 bp | 36.4 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 4.40 bp | 19.0 bp −$19 | 60.3 bp −$603 | 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 | 0.2136 | −5.820% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0566% | 1h | 0.2267 | −0.039% | $51K | $27K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2266 | −0.088% | $10K | $45K | 50x | as long as short |
| 01 Exchange BERAUSD | −0.0064% | 1h | 0.2267 | −0.044% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2268 | 0.000% | $4K | $63K | 25x | as long as short |
| Variational Omni BERA | +0.0058% | 4h | 0.2264 | −0.176% | $83K | $49K | — | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2267 | −0.057% | $62K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2268 | +0.012% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2268 | 0.000% | $5.5M | $13.7M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2264 | −0.176% | $3.1M | $4.2M | 25x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2264 | −0.176% | $1.5M | $3.3M | 20x | as long as short |
| Gate BERA_USDTlong | +0.0100% | 4h | 0.2268 | long leg | $339K | $388K | 50x | |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2267 | −0.044% | $1.2M | $434K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2268 | 0.000% | $550K | $221K | 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 | 0.2267 | −0.044% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perpshort | +0.0100% | 4h | 0.2273 | +0.220% | $117K | $2.9M | 10x | |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | +0.088% | $32K | $456K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2267 | −0.044% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2268 | 0.000% | $374 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0100% | 4h | 0.2271 | +0.132% | $295K | $88K | 75x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2268 | −0.007% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0508% | 1h | 0.2269 | +0.031% | $37K | $153K | 5x | as long as short |
| Hyperliquid BERA | +0.0936% | 1h | 0.2271 | +0.115% | $2.9M | $987K | 5x | as long as short |
Gate BERA_USDT
GRVT BERA_USDT_Perp
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Variational Omni BERA
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP
Hyperliquid BERA