Funding you earn now, next payment 01:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.021%
Price spread now: MEXC against GMX−0.059%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 −$3 a day on $10k at the current rate, and MEXC is 0.059% cheaper against GMX than usual: you would sell low and buy high (−$6 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] | 0.2288 | L +0.0206% / S −0.0592% | pay 0.0026% / 1h | 11m 48s | $2K | — | 100x |
| Short | MEXC BERA_USDT | 0.2287 | 0.0100 | get 0.0050% / 4h | 3h 11m | $1.2M | $447K | 20x |
GMX BERA/USD [ETH-USDC]
MEXC BERA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$22.22
- Price spread: −0.059% → 0.000%
- −$5.9
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$48.11
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 2.18 bp | 12.7 bp −$13 | 38.8 bp −$388 | 262.7 bp −$26.3K | 388.2 bp −$194.1K |
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 | 0.2152 | −5.958% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0526% | 1h | 0.2287 | −0.047% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2276 | −0.540% | $9K | $45K | 50x | as long as short |
| Variational Omni BERA | −0.0158% | 4h | 0.2281 | −0.315% | $84K | $49K | — | as long as short |
| BloFin BERA-USDT | +0.0061% | 4h | 0.2288 | −0.015% | $291K | $90K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2288 | −0.020% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2287 | −0.048% | $13K | $24K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2287 | −0.048% | $5.6M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2285 | −0.146% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2285 | −0.146% | $1.5M | $3.2M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
BloFin BERA-USDT
Lighter 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 | 0.2289 | +0.028% | $340K | $376K | 50x | as long as short |
| MEXC BERA_USDTshort | +0.0100% | 4h | 0.2287 | −0.059% | $1.2M | $447K | 20x | |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2287 | −0.059% | $544K | $227K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2287 | −0.059% | $1.4M | $1.0M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2288 | −0.015% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.072% | $32K | $456K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2289 | +0.028% | $9K | $903 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2288 | −0.020% | $372 | $6K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0162% | 4h | 0.2289 | +0.020% | $109K | $2.9M | 10x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0187% | 1h | 0.2289 | +0.028% | $4K | $56K | 25x | as long as short |
| 01 Exchange BERAUSD | +0.0192% | 1h | 0.2294 | +0.247% | $4K | $2K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC]long | L +0.0206% / S −0.0592% | 1h | 0.2288 | long leg | $2K | — | 100x | |
| Hyperliquid BERA | +0.0221% | 1h | 0.2292 | +0.168% | $2.9M | $909K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0680% | 1h | 0.2289 | +0.042% | $37K | $150K | 5x | as long as short |
Gate BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GRVT BERA_USDT_Perp
Deribit BERA_USDC-PERPETUAL
01 Exchange BERAUSD
Hyperliquid BERA
Backpack BERA_USDC_PERP