Funding you earn now, next payment 04:00 UTC−0.0440%/8h= −48.2% APRnext payment −$2.20 per $10,000 · paid last 24h +0.004%
Price spread now: Variational Omni against GRVT−0.367%104s7-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—+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Variational Omni is 0.367% cheaper against GRVT than usual: you would sell low and buy high (−$37 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BERA_USDT_Perp | 0.2290 | 0.0270 | pay 0.0135% / 4h | 3h 19m | $105K | $2.9M | 10x |
| Short | Variational Omni BERA | 0.2282 | −0.0170 | pay 0.0085% / 4h | 3h 19m | $84K | $49K | — |
GRVT BERA_USDT_Perp
Variational Omni BERAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$92.38
- Price spread: −0.367% → 0.000%
- −$36.68
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$138.06
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 4 min ago; Variational Omni: 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, 4 min ago | 4.38 bp | 26.6 bp −$27 | 114.5 bp −$1,145 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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 | 0.2148 | −6.202% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0527% | 1h | 0.2283 | −0.298% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2281 | −0.394% | $10K | $45K | 50x | as long as short |
| Variational Omni BERAshort | −0.0170% | 4h | 0.2282 | −0.367% | $84K | $49K | — | |
| BloFin BERA-USDT | +0.0050% | 4h | 0.2285 | −0.219% | $290K | $90K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2286 | −0.167% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2286 | −0.156% | $13K | $24K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2287 | −0.132% | $5.6M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2283 | −0.307% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2284 | −0.263% | $1.5M | $3.2M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
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 | 0.2285 | −0.219% | $339K | $376K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2287 | −0.132% | $1.3M | $438K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2283 | −0.307% | $543K | $228K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2286 | −0.176% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2284 | −0.263% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2300 | +0.436% | $32K | $455K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2286 | −0.176% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2286 | −0.198% | $372 | $6K | 5x | as long as short |
| Hyperliquid BERA | +0.0177% | 1h | 0.2291 | +0.038% | $2.9M | $908K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0184% | 1h | 0.2287 | −0.132% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0188% | 1h | 0.2286 | −0.176% | $4K | $56K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2285 | −0.218% | $2K | — | 100x | as long as short |
| GRVT BERA_USDT_Perplong | +0.0270% | 4h | 0.2290 | long leg | $105K | $2.9M | 10x | |
| Backpack BERA_USDC_PERP | +0.0614% | 1h | 0.2287 | −0.123% | $37K | $150K | 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
Hyperliquid BERA
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP