Funding you earn now, next payment 00:00 UTC+0.5100%/8h= +558.5% APRpaid last 24h +0.958%
Price spread now: Binance against Injective+5.969%97s7-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
Both sides work for this trade now. Funding pays +$153 a day on $10k at the current rate, and Binance is 5.969% dearer against Injective than usual: you sell high and buy low: +$597 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 97 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 | Injective BERA/USDC PERP | 0.2153 | −0.5000 | get 0.0625% / 1h | 33m 35s | $2K | $5K | 12x |
| Short | Binance BERAUSDT | 0.2282 | 0.0100 | get 0.0050% / 4h | 33m 35s | $5.6M | $13.5M | 50x |
Injective BERA/USDC PERP
Binance BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $1,071
- Price spread: +5.969% → 0.000%
- $596.91
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $1,657.89
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 7 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 2.18 bp | 14.9 bp −$15 | 57.0 bp −$570 | doesn't fit | doesn't fit |
Injective: 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 PERPlong | −0.5000% | 1h | 0.2153 | long leg | $2K | $5K | 12x | |
| Kraken Futures PF_BERAUSD | −0.0418% | 1h | 0.2287 | +6.229% | $51K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0296% | 1h | 0.2259 | +4.923% | $9K | $45K | 50x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2281 | +5.964% | $62K | $90K | 5x | as long as short |
| BloFin BERA-USDT | +0.0099% | 4h | 0.2288 | +6.270% | $292K | $89K | 75x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2286 | +6.196% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDTshort | +0.0100% | 4h | 0.2282 | +5.969% | $5.6M | $13.5M | 50x | |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2279 | +5.852% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2278 | +5.806% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2282 | +5.992% | $338K | $389K | 50x | as long as short |
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Lighter BERA
BloFin BERA-USDT
Aster BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2282 | +5.992% | $1.3M | $433K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2279 | +5.852% | $548K | $226K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2282 | +5.992% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2282 | +5.992% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2285 | +6.142% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2292 | +6.456% | $118K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +6.363% | $37K | $462K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2285 | +6.131% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2285 | +6.126% | $369 | $6K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0188% | 1h | 0.2285 | +6.131% | $4K | $62K | 25x | as long as short |
| 01 Exchange BERAUSD | +0.0200% | 1h | 0.2284 | +6.085% | $4K | $2K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2285 | +6.127% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0426% | 1h | 0.2286 | +6.154% | $2.9M | $954K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0876% | 1h | 0.2287 | +6.238% | $37K | $147K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
Deribit BERA_USDC-PERPETUAL
01 Exchange BERAUSD
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP