Funding you earn now, next payment 22:00 UTC+0.1155%/8h= +126.5% APRnext payment +$1.44 per $10,000 · paid last 24h −9.422%
Price spread now: GMX against Kraken Futures−0.044%7-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—needs both histories
Funding pays, the price is against you. GMX is 0.044% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$35 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BERAUSD | 0.2279 | −0.0563 | get 0.0070% / 1h | 24m 06s | $51K | $26K | 20x |
| Short | GMX BERA/USD [ETH-USDC] | 0.2278 | L +0.0206% / S −0.0592% | get 0.0074% / 1h | 24m 06s | $2K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Kraken Futures. 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
- $242.58
- Price spread: −0.044% → 0.000%
- −$4.4
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $216.18
- Costs to cover
- 0.220%
- Break-even
- 0.8 days
Slippage unknown: Kraken Futures: no order-book sample; GMX: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Kraken Futures and GMX: 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 | 0.2137 | −6.217% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSDlong | −0.0563% | 1h | 0.2279 | long leg | $51K | $26K | 20x | |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2259 | −0.863% | $10K | $45K | 50x | as long as short |
| 01 Exchange BERAUSD | +0.0008% | 1h | 0.2279 | +0.014% | $4K | $2K | 5x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2278 | −0.030% | $63K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2277 | −0.061% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2278 | −0.030% | $5.5M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2274 | −0.205% | $3.1M | $4.2M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2274 | −0.205% | $1.5M | $3.3M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2276 | −0.117% | $336K | $390K | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2277 | −0.073% | $1.2M | $435K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2273 | −0.249% | $551K | $220K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2277 | −0.073% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2276 | −0.117% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2271 | −0.340% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2276 | −0.116% | $106K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | −0.381% | $32K | $454K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2278 | −0.030% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2278 | −0.051% | $373 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0130% | 4h | 0.2272 | −0.293% | $291K | $88K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0189% | 1h | 0.2280 | +0.058% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC]short | L +0.0206% / S −0.0592% | 1h | 0.2278 | −0.044% | $2K | — | 100x | |
| Backpack BERA_USDC_PERP | +0.0799% | 1h | 0.2279 | +0.028% | $38K | $150K | 5x | as long as short |
| Hyperliquid BERA | +0.0866% | 1h | 0.2283 | +0.172% | $2.9M | $954K | 5x | as long as short |
Kraken Futures PF_BERAUSD
GMX BERA/USD [ETH-USDC]
Injective BERA/USDC PERP
Coinbase International BERA-PERP-INTX
01 Exchange BERAUSD
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
Deribit BERA_USDC-PERPETUAL
Backpack BERA_USDC_PERP
Hyperliquid BERA