Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.054%
Price spread now: BloFin against GRVT−0.201%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$700.695% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 3 days (all we have)+0.185%+$19 · spread now −0.201%, 7d avg +0.009%
=Together, before fees+0.247%+ Points / potential airdropGRVT: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.210% cheaper against GRVT than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.061%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BERA_USDT_Perp | 0.2267 | 0.0100 | pay 0.0050% / 4h | 2h 02m | $105K | $2.8M | 10x |
| Short | BloFin BERA-USDT | 0.2262 | 0.0090 | get 0.0045% / 4h | 2h 02m | $291K | $87K | 75x |
GRVT BERA_USDT_Perp
BloFin BERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- −$2.17
- Price spread: −0.201% → +0.009%
- −$21.02
- Slippage, 4 orders
- −$48.55
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$92.74
- Costs to cover
- 0.695%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 min ago; BloFin: live order book, 14 min ago.
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 GRVT live order book, 1 min ago | 4.41 bp | 16.4 bp −$16 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 4.40 bp | 14.7 bp −$15 | 40.1 bp −$401 | doesn't fit | doesn't fit |
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 | 0.2127 | −6.157% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0567% | 1h | 0.2263 | −0.160% | $51K | $26K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2259 | −0.333% | $10K | $45K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2263 | −0.157% | $4K | $62K | 25x | as long as short |
| 01 Exchange BERAUSD | +0.0056% | 1h | 0.2263 | −0.157% | $4K | $2K | 5x | as long as short |
| BloFin BERA-USDTshort | +0.0090% | 4h | 0.2262 | −0.201% | $291K | $87K | 75x | |
| Lighter BERA | +0.0096% | 1h | 0.2263 | −0.170% | $62K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2262 | −0.190% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2263 | −0.151% | $5.4M | $13.7M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2259 | −0.333% | $3.0M | $4.2M | 25x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Deribit BERA_USDC-PERPETUAL
01 Exchange BERAUSD
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2261 | −0.245% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2259 | −0.333% | $333K | $391K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2263 | −0.157% | $1.2M | $438K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2259 | −0.333% | $547K | $220K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2263 | −0.157% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2260 | −0.289% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2262 | −0.183% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perplong | +0.0100% | 4h | 0.2267 | long leg | $105K | $2.8M | 10x | |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | +0.152% | $32K | $454K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2260 | −0.289% | $8K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2261 | −0.223% | $371 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0205% / S −0.0592% | 1h | 0.2262 | −0.205% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0785% | 1h | 0.2264 | −0.108% | $38K | $149K | 5x | as long as short |
| Hyperliquid BERA | +0.0811% | 1h | 0.2267 | +0.033% | $2.9M | $957K | 5x | as long as short |
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP
Hyperliquid BERA