BERA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0768%/8h= −84.1% APRnext payment −$0.96 per $10,000 · paid last 24h +9.494%

Price spread now: Kraken Futures against GMX+0.064%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Kraken Futures

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Kraken Futures is 0.064% dearer against GMX than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BERA/USD [ETH-USDC]	0.2278	L +0.0206% / S −0.0592%	pay 0.0026% / 1h	23m 11s	$2K	—	100x
Short	Kraken Futures PF_BERAUSD	0.2280	−0.0562	pay 0.0070% / 1h	23m 11s	$51K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee Kraken FuturesbpOrdersPrice spread, now +0.064%Rate

Funding earned: −$161.29
Price spread: +0.064% → 0.000%: $6.38
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$176.91
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Kraken Futures: 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 Kraken Futures no order-book sample	—	—	—	—	—

GMX and Kraken Futures: 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	0.2143	−5.932%	$2K	$4K	12x	as long as short
Kraken Futures PF_BERAUSDshort	−0.0562%	1h	0.2280	+0.064%	$51K	$26K	20x
Coinbase International BERA-PERP-INTX	−0.0304%	1h	0.2259	−0.841%	$10K	$45K	50x	as long as short
01 Exchange BERAUSD	+0.0016%	1h	0.2279	+0.037%	$4K	$2K	5x	as long as short
BloFin BERA-USDT	+0.0046%	4h	0.2280	+0.081%	$292K	$88K	75x	as long as short
Lighter BERA	+0.0096%	1h	0.2278	+0.011%	$63K	$93K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2278	−0.028%	$13K	$28K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2279	+0.044%	$5.5M	$13.6M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2275	−0.138%	$3.1M	$4.2M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2276	−0.094%	$1.5M	$3.3M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BERA_USDT	+0.0100%	4h	0.2275	−0.138%	$336K	$390K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2278	−0.007%	$1.2M	$435K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2274	−0.182%	$551K	$220K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2277	−0.050%	$1.5M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2276	−0.094%	—	$6.6M	—	as long as short
Variational Omni BERA	+0.0100%	4h	0.2271	−0.317%	$84K	$49K	—	as long as short
GRVT BERA_USDT_Perp	+0.0100%	4h	0.2276	−0.093%	$106K	$2.8M	10x	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2270	−0.358%	$32K	$454K	50x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2276	−0.094%	$9K	$1K	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2278	−0.029%	$373	$6K	5x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0189%	1h	0.2280	+0.081%	$4K	$62K	25x	as long as short
GMX BERA/USD [ETH-USDC]long	L +0.0206% / S −0.0592%	1h	0.2278	long leg	$2K	—	100x
Backpack BERA_USDC_PERP	+0.0818%	1h	0.2281	+0.125%	$38K	$150K	5x	as long as short
Hyperliquid BERA	+0.0855%	1h	0.2283	+0.226%	$3.0M	$964K	5x	as long as short