Funding you earn now, next payment 23:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.036%
Price spread now: GRVT against GMX+0.066%69s7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. GRVT is 0.066% dearer against GMX than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. The two prices were read 69 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 | GMX BERA/USD [ETH-USDC] | 0.2266 | L +0.0206% / S −0.0592% | pay 0.0026% / 1h | 12m 22s | $2K | — | 100x |
| Short | GRVT BERA_USDT_Perp | 0.2267 | 0.0100 | get 0.0050% / 4h | 1h 12m | $115K | $2.7M | 10x |
GMX BERA/USD [ETH-USDC]
GRVT BERA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$22.16
- Price spread: +0.066% → 0.000%
- $6.62
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$36.54
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; GRVT: live order book, 1 min ago. 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 GRVT live order book, 1 min ago | 4.41 bp | 17.8 bp −$18 | 43.5 bp −$435 | doesn't fit | doesn't fit |
GMX: 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 | 0.2129 | −6.033% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0320% | 1h | 0.2259 | −0.295% | $9K | $45K | 50x | as long as short |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2262 | −0.183% | $51K | $25K | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2263 | −0.101% | $62K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2266 | +0.028% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2266 | +0.014% | $5.5M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2263 | −0.118% | $3.0M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2264 | −0.074% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2264 | −0.074% | $334K | $394K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2266 | +0.014% | $1.2M | $433K | 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
Gate BERA_USDT
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 | 0.2262 | −0.162% | $546K | $221K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2265 | −0.030% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2264 | −0.074% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2259 | −0.285% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perpshort | +0.0100% | 4h | 0.2267 | +0.066% | $115K | $2.7M | 10x | |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | −0.251% | $32K | $457K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2266 | +0.014% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2263 | −0.096% | $371 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0153% | 4h | 0.2264 | −0.074% | $288K | $88K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0176% | 1h | 0.2266 | +0.014% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0192% | 1h | 0.2263 | −0.118% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC]long | L +0.0206% / S −0.0592% | 1h | 0.2266 | long leg | $2K | — | 100x | |
| Hyperliquid BERA | +0.0477% | 1h | 0.2270 | +0.204% | $2.9M | $948K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0757% | 1h | 0.2264 | −0.074% | $36K | $149K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Hyperliquid BERA
Backpack BERA_USDC_PERP