Funding you earn now, next payment 03:00 UTC−0.5100%/8h= −558.5% APRpaid last 24h −1.294%
Price spread now: Injective against Gate−5.824%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$153 a day on $10k at the current rate, and Injective is 5.824% cheaper against Gate than usual: you would sell low and buy high (−$582 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 | Gate BERA_USDT | 0.2301 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $347K | $393K | 50x |
| Short | Injective BERA/USDC PERP | 0.2167 | −0.5000 | pay 0.0625% / 1h | 19m 03s | $2K | $5K | 12x |
Gate BERA_USDT
Injective BERA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$1,071
- Price spread: −5.824% → 0.000%
- −$582.36
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,668.38
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 41 min ago; Injective: 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 Gate live order book, 41 min ago | 4.43 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 PERPshort | −0.5000% | 1h | 0.2167 | −5.824% | $2K | $5K | 12x | |
| Coinbase International BERA-PERP-INTX | −0.0376% | 1h | 0.2299 | −0.087% | $16K | $54K | 50x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0182% | 1h | 0.2298 | −0.129% | $51K | $25K | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2301 | +0.004% | $62K | $88K | 5x | as long as short |
| Orderly PERP_BERA_USDC | +0.0097% | 4h | 0.2303 | +0.087% | $9K | $883 | 10x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2305 | +0.165% | $16K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2303 | +0.087% | $5.4M | $14.1M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2298 | −0.130% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2298 | −0.130% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDTlong | +0.0100% | 4h | 0.2301 | long leg | $347K | $393K | 50x |
Coinbase International BERA-PERP-INTX
Kraken Futures PF_BERAUSD
Lighter BERA
Orderly PERP_BERA_USDC
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2302 | +0.043% | $1.2M | $437K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2302 | +0.043% | $554K | $231K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2300 | −0.043% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2301 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2304 | +0.134% | $84K | $49K | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2300 | −0.043% | $34K | $463K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2301 | 0.000% | $377 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0129% | 4h | 0.2301 | 0.000% | $280K | $73K | 75x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2302 | +0.029% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0342% | 1h | 0.2304 | +0.117% | $2.9M | $916K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0424% | 1h | 0.2302 | +0.043% | $3K | $3K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0450% | 4h | 0.2291 | −0.452% | $115K | $3.2M | 10x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0620% | 1h | 0.2302 | +0.043% | $2K | $55K | 25x | as long as short |
| Backpack BERA_USDC_PERP | +0.0999% | 1h | 0.2303 | +0.091% | $35K | $158K | 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]
Hyperliquid BERA
01 Exchange BERAUSD
GRVT BERA_USDT_Perp
Deribit BERA_USDC-PERPETUAL
Backpack BERA_USDC_PERP