Funding you earn now, next payment 07:00 UTC+0.5100%/8h= +558.5% APRpaid last 24h +1.429%
Price spread now: MEXC against Injective+6.004%100s7-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 MEXC is 6.004% dearer against Injective than usual: you sell high and buy low: +$600 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 100 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 | 0.2182 | −0.5000 | get 0.0625% / 1h | 7m 34s | $2K | $4K | 12x |
| Short | MEXC BERA_USDT | 0.2313 | 0.0100 | get 0.0050% / 4h | 1h 07m | $1.3M | $332K | 20x |
Injective BERA/USDC PERP
MEXC BERA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +6.004% → 0.000%
- $600.37
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- $1,663.35
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 2.16 bp | 13.2 bp −$13 | 33.4 bp −$334 | 216.5 bp −$21.7K | 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 | 0.2182 | long leg | $2K | $4K | 12x | |
| Kraken Futures PF_BERAUSD | −0.1542% | 1h | 0.2315 | +6.096% | $52K | $21K | 20x | as long as short |
| Orderly PERP_BERA_USDC | +0.0090% | 4h | 0.2314 | +6.049% | $9K | $787 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2314 | +6.040% | $66K | $73K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2316 | +6.132% | $2.9M | $590K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2315 | +6.095% | $14K | $23K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2314 | +6.049% | $5.5M | $9.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2311 | +5.912% | $3.1M | $2.2M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2311 | +5.912% | $1.4M | $2.0M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2315 | +6.095% | $350K | $272K | 50x | as long as short |
Kraken Futures PF_BERAUSD
Orderly PERP_BERA_USDC
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance 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_USDTshort | +0.0100% | 4h | 0.2313 | +6.004% | $1.3M | $332K | 20x | |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2315 | +6.095% | $557K | $133K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2315 | +6.095% | $1.5M | $796K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2313 | +6.004% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2315 | +6.091% | $25K | $204K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2313 | +5.984% | $85K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2318 | +6.233% | $116K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2320 | +6.324% | $53K | $473K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2314 | +6.054% | $373 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0128% | 1h | 0.2315 | +6.095% | $3K | $864 | 5x | as long as short |
| BloFin BERA-USDT | +0.0154% | 4h | 0.2320 | +6.324% | $281K | $77K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0182% | 1h | 0.2315 | +6.095% | $9K | $45K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2314 | +6.066% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0600% | 1h | 0.2322 | +6.416% | $19K | $54K | 50x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
01 Exchange BERAUSD
BloFin BERA-USDT
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX