Funding you earn now, next payment 09:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.031%
Price spread now: KuCoin against GMX+0.033%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. KuCoin is 0.033% dearer against GMX than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BERA/USD [ETH-USDC] | 0.2306 | L +0.0206% / S −0.0592% | pay 0.0026% / 1h | 3m 55s | $2K | — | 100x |
| Short | KuCoin BERAUSDTM | 0.2307 | 0.0100 | get 0.0050% / 4h | 3h 03m | $555K | $127K | 50x |
GMX BERA/USD [ETH-USDC]
KuCoin BERAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$22.28
- Price spread: +0.033% → 0.000%
- $3.3
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$42.99
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 20 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 KuCoin live order book, 20 min ago | 8.75 bp | 64.7 bp −$65 | 140.1 bp −$1,401 | 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 | 0.2154 | −6.601% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1271% | 1h | 0.2305 | −0.052% | $52K | $21K | 20x | as long as short |
| 01 Exchange BERAUSD | −0.0120% | 1h | 0.2304 | −0.097% | $3K | $850 | 5x | as long as short |
| Orderly PERP_BERA_USDC | +0.0075% | 4h | 0.2306 | −0.010% | $9K | $815 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2308 | +0.059% | $65K | $72K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2316 | +0.428% | $2.9M | $576K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2311 | +0.200% | $14K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2313 | +0.293% | $5.5M | $8.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2310 | +0.163% | $3.1M | $1.9M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2312 | +0.250% | $1.4M | $1.9M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
01 Exchange BERAUSD
Orderly PERP_BERA_USDC
Lighter BERA
Hyperliquid BERA
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2308 | +0.076% | $341K | $266K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2309 | +0.120% | $1.2M | $324K | 20x | as long as short |
| KuCoin BERAUSDTMshort | +0.0100% | 4h | 0.2307 | +0.033% | $555K | $127K | 50x | |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2314 | +0.336% | $1.5M | $761K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2311 | +0.206% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2307 | +0.033% | $24K | $209K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2298 | −0.352% | $82K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2303 | −0.129% | $116K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2300 | −0.271% | $53K | $493K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2306 | +0.007% | $369 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0149% | 4h | 0.2302 | −0.184% | $278K | $73K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0183% | 1h | 0.2308 | +0.076% | $9K | $39K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC]long | L +0.0206% / S −0.0592% | 1h | 0.2306 | long leg | $2K | — | 100x | |
| Coinbase International BERA-PERP-INTX | +0.0952% | 1h | 0.2308 | +0.076% | $19K | $48K | 50x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
Deribit BERA_USDC-PERPETUAL
Coinbase International BERA-PERP-INTX