Funding you earn now, next payment 00:00 UTC−0.0428%/8h= −46.9% APRpaid last 24h −0.085%
Price spread now: Coinbase International against GRVT−0.478%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Coinbase International is 0.478% cheaper against GRVT than usual: you would sell low and buy high (−$48 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.204% in total (about -10.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BERA_USDT_Perp | 0.2276 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $106K | $2.8M | 10x |
| Short | Coinbase International BERA-PERP-INTX | 0.2265 | −0.0328 | pay 0.0041% / 1h | 41m 32s | $9K | $44K | 50x |
GRVT BERA_USDT_Perp
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$89.88
- Price spread: −0.478% → 0.000%
- −$47.79
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$156.67
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 2 min ago; Coinbase International: 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 GRVT live order book, 2 min ago | 2.20 bp | 40.1 bp −$40 | 96.4 bp −$964 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 | 0.2135 | −6.190% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0530% | 1h | 0.2271 | −0.198% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTXshort | −0.0328% | 1h | 0.2265 | −0.478% | $9K | $44K | 50x | |
| Bybit BERAUSDT | −0.0263% | 4h | 0.2269 | −0.302% | $3.1M | $4.1M | 25x | as long as short |
| Variational Omni BERA | −0.0190% | 4h | 0.2262 | −0.625% | $83K | $49K | — | as long as short |
| OKX BERA-USDT-SWAP | +0.0086% | 4h | 0.2267 | −0.390% | $1.5M | $3.2M | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2271 | −0.201% | $62K | $90K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2277 | +0.054% | $2.9M | $934K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2273 | −0.120% | $13K | $24K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2272 | −0.165% | $5.6M | $13.6M | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Bybit BERAUSDT
Variational Omni BERA
OKX BERA-USDT-SWAP
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2272 | −0.170% | $337K | $375K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2273 | −0.126% | $1.3M | $435K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2271 | −0.214% | $540K | $229K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2272 | −0.170% | $1.5M | $1.0M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2271 | −0.214% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perplong | +0.0100% | 4h | 0.2276 | long leg | $106K | $2.8M | 10x | |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | −0.258% | $32K | $459K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2273 | −0.126% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2274 | −0.091% | $369 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0122% | 4h | 0.2272 | −0.170% | $291K | $89K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0128% | 1h | 0.2271 | −0.214% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0190% | 1h | 0.2275 | −0.039% | $4K | $58K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2274 | −0.098% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0233% | 1h | 0.2276 | −0.003% | $37K | $149K | 5x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP