BERA

Alert

Funding spread now, next payment 17:00 UTC−0.0532%/8h

next payment, per $10,000−$0.66paid, last 24h−0.110%paid, last 7 days−0.143%to open and close $10k−$74

Long on Backpack Short on Coinbase International

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.143% in total (about -7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.66 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack BERA_USDC_PERP	0.2279	0.0100	pay 0.0013% / 1h	35m 53s	$37K	$155K	5x
Short	Coinbase International BERA-PERP-INTX	0.2260	−0.0432	pay 0.0054% / 1h	35m 53s	$9K	$86K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee Coinbase InternationalbpOrdersRate

Funding earned: −$111.72
Slippage, 4 orders: −$53.7
Fee Backpack: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$185.42
Break-even: never at this rate

Slippage from Backpack: live order book, 4 min ago; Coinbase International: live order book, 68 min ago.

Price risk

price view

Price gap now: −0.829%
Avg gap 7d: +0.003%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Backpack live order book, 4 min ago	1.54 bp	14.4 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 68 min ago	19.52 bp	24.5 bp −$25	doesn't fit	doesn't fit	doesn't fit

BERA on 23 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective BERA/USDC PERP	−0.4222%	1h	$2K	$63K	12x	as long as short
Coinbase International BERA-PERP-INTXshort	−0.0432%	1h	$9K	$86K	50x
01 Exchange BERAUSD	−0.0184%	1h	$4K	$5K	5x	as long as short
Orderly PERP_BERA_USDC	+0.0080%	4h	$9K	$1K	10x	as long as short
BloFin BERA-USDT	+0.0082%	4h	$310K	$102K	75x	as long as short
Lighter BERA	+0.0096%	1h	$67K	$91K	5x	as long as short
Hyperliquid BERA	+0.0100%	1h	$2.9M	$1.5M	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	$14K	$27K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	$5.6M	$14.5M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	$3.1M	$4.6M	25x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX BERA-USDT-SWAP	+0.0100%	4h	$1.5M	$3.5M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	$340K	$421K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	$1.2M	$427K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	$579K	$236K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	$1.5M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	—	$6.6M	—	as long as short
Backpack BERA_USDC_PERPlong	+0.0100%	1h	$37K	$155K	5x
Variational Omni BERA	+0.0100%	4h	$84K	$45K	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	$52K	$471K	50x	as long as short
SoDEX BERA-USD	+0.0100%	1h	$372	$6K	5x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0189%	1h	$4K	$64K	25x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	$2K	—	100x	as long as short
Kraken Futures PF_BERAUSD	+4.0066%	1h	$54K	$16K	20x	as long as short