Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h +0.058%
Price spread now: BloFin against OKX+0.088%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$930.929% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now +0.088%, 7d avg +0.152%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.063% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.152%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.141%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BERA-USDT-SWAP | 0.2269 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $1.5M | $3.3M | 20x |
| Short | BloFin BERA-USDT | 0.2271 | 0.0068 | get 0.0034% / 4h | 2h 30m | $292K | $88K | 75x |
OKX BERA-USDT-SWAP
BloFin BERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- −$6.63
- Price spread: +0.088% → +0.152%
- −$6.34
- Slippage, 4 orders
- −$70.94
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$105.9
- Costs to cover
- 0.929%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 53 min ago.
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 OKX live order book, 1 min ago | 2.20 bp | 29.1 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 4.39 bp | 10.4 bp −$10 | 29.1 bp −$291 | doesn't fit | doesn't fit |
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 | 0.2132 | −6.038% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0565% | 1h | 0.2271 | +0.074% | $51K | $27K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2259 | −0.441% | $10K | $45K | 50x | as long as short |
| 01 Exchange BERAUSD | −0.0024% | 1h | 0.2272 | +0.132% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2272 | +0.132% | $4K | $62K | 25x | as long as short |
| BloFin BERA-USDTshort | +0.0068% | 4h | 0.2271 | +0.088% | $292K | $88K | 75x | |
| Variational Omni BERA | +0.0080% | 4h | 0.2266 | −0.136% | $83K | $49K | — | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2271 | +0.097% | $63K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2273 | +0.181% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2272 | +0.113% | $5.5M | $13.7M | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Variational Omni BERA
Lighter BERA
Aster BERAUSDT
Binance BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BERAUSDT | +0.0100% | 4h | 0.2269 | 0.000% | $3.1M | $4.2M | 25x | as long as short |
| OKX BERA-USDT-SWAPlong | +0.0100% | 4h | 0.2269 | long leg | $1.5M | $3.3M | 20x | |
| Gate BERA_USDT | +0.0100% | 4h | 0.2273 | +0.176% | $339K | $388K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2271 | +0.088% | $1.2M | $435K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2270 | +0.044% | $550K | $220K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2271 | +0.088% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2271 | +0.088% | — | $6.6M | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2272 | +0.130% | $105K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | +0.044% | $32K | $454K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2271 | +0.088% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2272 | +0.137% | $372 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2272 | +0.124% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0701% | 1h | 0.2273 | +0.176% | $39K | $149K | 5x | as long as short |
| Hyperliquid BERA | +0.0890% | 1h | 0.2276 | +0.309% | $2.9M | $984K | 5x | as long as short |
Bybit BERAUSDT
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP
Hyperliquid BERA