Funding you earn now, next payment 12:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.031%
Price spread now: BloFin against Orderly+0.088%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 $0 a day on $10k at the current rate, and BloFin is 0.088% dearer against Orderly than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 | Orderly PERP_BERA_USDC | 0.2262 | 0.0074 | pay 0.0037% / 4h | 1h 58m | $8K | $587 | 10x |
| Short | BloFin BERA-USDT | 0.2264 | 0.0083 | get 0.0042% / 4h | 1h 58m | $273K | $76K | 75x |
Orderly PERP_BERA_USDC
BloFin BERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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
- $1.96
- Price spread: +0.088% → 0.000%
- $8.84
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$7.2
- Costs to cover
- 0.180%
- Break-even
- 32.7 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 48 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 48 min ago | 6.57 bp | 24.5 bp −$24 | 44.7 bp −$447 | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange BERAUSD | −0.0928% | 1h | 0.2260 | −0.088% | $3K | $850 | 5x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0819% | 1h | 0.2262 | +0.004% | $50K | $21K | 20x | as long as short |
| Deribit BERA_USDC-PERPETUAL | −0.0192% | 1h | 0.2262 | 0.000% | $1K | $36K | 25x | as long as short |
| Orderly PERP_BERA_USDClong | +0.0074% | 4h | 0.2262 | long leg | $8K | $587 | 10x | |
| BloFin BERA-USDTshort | +0.0083% | 4h | 0.2264 | +0.088% | $273K | $76K | 75x | |
| Lighter BERA | +0.0096% | 1h | 0.2262 | −0.013% | $63K | $76K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2263 | +0.040% | $2.5M | $965K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2265 | +0.126% | $13K | $19K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2263 | +0.052% | $5.3M | $8.4M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2260 | −0.088% | $3.0M | $1.8M | 25x | as long as short |
01 Exchange BERAUSD
Kraken Futures PF_BERAUSD
Deribit BERA_USDC-PERPETUAL
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 | 0.2261 | −0.044% | $1.4M | $1.8M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2263 | +0.044% | $329K | $250K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2263 | +0.044% | $1.2M | $292K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2262 | 0.000% | $541K | $127K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2264 | +0.088% | $1.4M | $746K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2260 | −0.088% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2263 | +0.057% | $24K | $214K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2260 | −0.090% | $81K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2268 | +0.265% | $108K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | +0.354% | $40K | $485K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2263 | +0.022% | $354 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2263 | +0.046% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.1032% | 1h | 0.2295 | +1.459% | $19K | $45K | 50x | as long as short |
| Injective BERA/USDC PERP | +0.5000% | 1h | 0.2319 | +2.520% | $2K | $4K | 12x | as long as short |
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX
Injective BERA/USDC PERP