Funding you earn now, next payment 00:00 UTC−0.0534%/8h= −58.4% APRnext payment −$0.67 per $10,000 · paid last 24h −0.126%
Price spread now: Coinbase International against GMX−0.457%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—needs both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Coinbase International is 0.457% cheaper against GMX than usual: you would sell low and buy high (−$46 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 | GMX BERA/USD [ETH-USDC] | 0.2286 | L +0.0206% / S −0.0592% | pay 0.0026% / 1h | 15m 47s | $2K | — | 100x |
| Short | Coinbase International BERA-PERP-INTX | 0.2276 | −0.0328 | pay 0.0041% / 1h | 15m 47s | $9K | $45K | 50x |
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GMX. 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
- −$112.09
- Price spread: −0.457% → 0.000%
- −$45.75
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$179.84
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Coinbase International: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
GMX and Coinbase International: 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 | 0.2145 | −6.187% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0527% | 1h | 0.2286 | −0.026% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXshort | −0.0328% | 1h | 0.2276 | −0.457% | $9K | $45K | 50x | |
| Variational Omni BERA | −0.0158% | 4h | 0.2281 | −0.232% | $84K | $49K | — | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2288 | +0.059% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2284 | −0.092% | $13K | $24K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2288 | +0.067% | $5.6M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2284 | −0.108% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2286 | −0.020% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2283 | −0.151% | $339K | $376K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Variational Omni BERA
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 | 0.2287 | +0.024% | $1.2M | $447K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2284 | −0.108% | $543K | $227K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2286 | −0.020% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2285 | −0.064% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.155% | $32K | $456K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2287 | +0.024% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2288 | +0.054% | $372 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0148% | 4h | 0.2280 | −0.283% | $290K | $90K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0184% | 1h | 0.2285 | −0.064% | $4K | $2K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0186% | 4h | 0.2287 | +0.023% | $118K | $2.9M | 10x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0187% | 1h | 0.2288 | +0.067% | $4K | $56K | 25x | as long as short |
| Hyperliquid BERA | +0.0205% | 1h | 0.2290 | +0.172% | $2.9M | $909K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC]long | L +0.0206% / S −0.0592% | 1h | 0.2286 | long leg | $2K | — | 100x | |
| Backpack BERA_USDC_PERP | +0.0623% | 1h | 0.2289 | +0.129% | $37K | $150K | 5x | as long as short |
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
GRVT BERA_USDT_Perp
Deribit BERA_USDC-PERPETUAL
Hyperliquid BERA
Backpack BERA_USDC_PERP