Funding you earn now, next payment 11:00 UTC−0.4900%/8h= −536.5% APRpaid last 24h +1.463%
Price spread now: GRVT against Injective−2.630%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$147 a day on $10k at the current rate, and GRVT is 2.630% cheaper against Injective than usual: you would sell low and buy high (−$263 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 | Injective BERA/USDC PERP | 0.2319 | 0.5000 | pay 0.0625% / 1h | 31m 41s | $2K | $4K | 12x |
| Short | GRVT BERA_USDT_Perp | 0.2258 | 0.0100 | get 0.0050% / 4h | 1h 31m | $108K | $3.0M | 10x |
Injective BERA/USDC PERP
GRVT BERA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$1,029
- Price spread: −2.630% → 0.000%
- −$263.04
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$1,301.06
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; GRVT: live order book, 5 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 GRVT live order book, 5 min ago | 4.44 bp | 32.3 bp −$32 | 102.2 bp −$1,022 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BERAUSD | −0.0831% | 1h | 0.2231 | −3.791% | $50K | $24K | 20x | as long as short |
| 01 Exchange BERAUSD | −0.0744% | 1h | 0.2193 | −5.433% | $3K | $850 | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | −0.0198% | 1h | 0.2231 | −3.795% | $1K | $36K | 25x | as long as short |
| BloFin BERA-USDT | +0.0056% | 4h | 0.2235 | −3.622% | $268K | $75K | 75x | as long as short |
| Orderly PERP_BERA_USDC | +0.0076% | 4h | 0.2232 | −3.752% | $8K | $587 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2231 | −3.795% | $63K | $78K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2233 | −3.713% | $2.4M | $992K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2232 | −3.752% | $13K | $19K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2232 | −3.752% | $5.1M | $8.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2231 | −3.795% | $2.9M | $1.8M | 25x | as long as short |
Kraken Futures PF_BERAUSD
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
BloFin BERA-USDT
Orderly PERP_BERA_USDC
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2231 | −3.795% | $1.3M | $1.8M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2235 | −3.622% | $323K | $256K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2231 | −3.795% | $1.2M | $294K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2233 | −3.708% | $529K | $130K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2232 | −3.752% | $1.4M | $767K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2232 | −3.752% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2235 | −3.609% | $22K | $214K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2249 | −3.022% | $80K | $51K | — | as long as short |
| GRVT BERA_USDT_Perpshort | +0.0100% | 4h | 0.2258 | −2.630% | $108K | $3.0M | 10x | |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2250 | −2.975% | $39K | $485K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2234 | −3.678% | $347 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2244 | −3.242% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.1032% | 1h | 0.2263 | −2.415% | $18K | $45K | 50x | as long as short |
| Injective BERA/USDC PERPlong | +0.5000% | 1h | 0.2319 | long leg | $2K | $4K | 12x |
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
ApeX Omni BERAUSDT
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX