Funding you earn now, next payment 04:00 UTC+0.0641%/8h= +70.2% APRpaid last 24h +0.067%
Price spread now: Backpack against Aster+0.098%7-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
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Backpack is 0.098% dearer against Aster than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BERAUSDT | 0.2299 | 0.0100 | pay 0.0050% / 4h | 51m 47s | $15K | $27K | 5x |
| Short | Backpack BERA_USDC_PERP | 0.2301 | 0.0741 | get 0.0093% / 1h | 51m 47s | $29K | $161K | 5x |
Aster BERAUSDT
Backpack BERA_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aster. 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
- $134.55
- Price spread: +0.098% → 0.000%
- $9.79
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $126.34
- Costs to cover
- 0.180%
- Break-even
- 0.4 days
Slippage unknown: Aster: no order-book sample; Backpack: live order book, 6 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 Aster no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 6 min ago | 0.22 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
Aster: 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 | 0.2170 | −5.593% | $2K | $3K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0489% | 1h | 0.2299 | +0.012% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2281 | −0.764% | $15K | $53K | 50x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2300 | +0.080% | $62K | $81K | 5x | as long as short |
| Orderly PERP_BERA_USDC | +0.0099% | 4h | 0.2302 | +0.150% | $9K | $987 | 10x | as long as short |
| Aster BERAUSDTlong | +0.0100% | 4h | 0.2299 | long leg | $15K | $27K | 5x | |
| Binance BERAUSDT | +0.0100% | 4h | 0.2299 | +0.021% | $5.4M | $14.2M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2296 | −0.111% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2296 | −0.111% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2301 | +0.107% | $346K | $350K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Lighter BERA
Orderly PERP_BERA_USDC
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_USDT | +0.0100% | 4h | 0.2300 | +0.063% | $1.2M | $397K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2299 | +0.020% | $554K | $230K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2301 | +0.107% | $1.5M | $1.0M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2301 | +0.107% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2301 | +0.090% | $84K | $49K | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | −0.372% | $32K | $460K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2300 | +0.059% | $376 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0115% | 4h | 0.2307 | +0.368% | $281K | $74K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0185% | 1h | 0.2301 | +0.107% | $2K | $55K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2300 | +0.070% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0239% | 1h | 0.2302 | +0.159% | $2.9M | $922K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0248% | 1h | 0.2301 | +0.107% | $3K | $3K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0340% | 4h | 0.2291 | −0.335% | $107K | $3.2M | 10x | as long as short |
| Backpack BERA_USDC_PERPshort | +0.0741% | 1h | 0.2301 | +0.098% | $29K | $161K | 5x |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
01 Exchange BERAUSD
GRVT BERA_USDT_Perp