Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.079%
Price spread now: Gate against Backpack+0.009%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1111.113% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now +0.009%, 7d avg −0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.032% dearer against Backpack than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack BERA_USDC_PERP | 0.2258 | 0.0100 | pay 0.0013% / 1h | 22m 39s | $27K | $150K | 5x |
| Short | Gate BERA_USDT | 0.2258 | 0.0100 | get 0.0050% / 4h | 2h 22m | $341K | $271K | 50x |
Backpack BERA_USDC_PERP
Gate BERA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Backpack. 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
- $0
- Price spread: +0.009% → −0.023%
- $3.23
- Slippage, 4 orders
- −$86.28
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$108.04
- Costs to cover
- 1.113%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 25 min ago; Gate: live order book, 23 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 Backpack live order book, 25 min ago | 0.22 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 23 min ago | 4.38 bp | 38.4 bp −$38 | doesn't fit | 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 | 0.2127 | −5.793% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0774% | 1h | 0.2256 | −0.101% | $50K | $24K | 20x | as long as short |
| Orderly PERP_BERA_USDC | +0.0095% | 4h | 0.2255 | −0.124% | $9K | $787 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2258 | +0.027% | $64K | $73K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2261 | +0.120% | $15K | $22K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2263 | +0.230% | $5.3M | $9.7M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2260 | +0.097% | $3.0M | $2.3M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2261 | +0.142% | $1.4M | $2.0M | 20x | as long as short |
| Gate BERA_USDTshort | +0.0100% | 4h | 0.2258 | +0.009% | $341K | $271K | 50x | |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2260 | +0.097% | $1.2M | $346K | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Orderly PERP_BERA_USDC
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
MEXC BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2258 | +0.009% | $547K | $129K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2260 | +0.097% | $1.5M | $774K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2259 | +0.053% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERPlong | +0.0100% | 1h | 0.2258 | long leg | $27K | $150K | 5x | |
| Variational Omni BERA | +0.0100% | 4h | 0.2257 | −0.030% | $83K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2264 | +0.274% | $106K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | +0.097% | $39K | $456K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2255 | −0.133% | $360 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0128% | 1h | 0.2262 | +0.186% | $3K | $864 | 5x | as long as short |
| BloFin BERA-USDT | +0.0133% | 4h | 0.2253 | −0.213% | $277K | $71K | 75x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0160% | 1h | 0.2270 | +0.540% | $20K | $59K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0193% | 1h | 0.2256 | −0.080% | $9K | $51K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2255 | −0.125% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0349% | 1h | 0.2263 | +0.235% | $2.9M | $592K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
01 Exchange BERAUSD
BloFin BERA-USDT
Coinbase International BERA-PERP-INTX
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA