Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against Binance−0.175%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days+0.130%+$13 · spread now −0.175%, 7d avg −0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.121% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BERAUSDT | 0.2290 | 0.0100 | pay 0.0050% / 4h | 3h 07m | $5.6M | $13.4M | 50x |
| Short | Bybit BERAUSDT | 0.2286 | 0.0100 | get 0.0050% / 4h | 3h 07m | $3.1M | $4.1M | 25x |
Binance BERAUSDT
Bybit BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: −0.175% → −0.054%
- −$12.07
- Slippage, 4 orders
- −$67.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$100.87
- Costs to cover
- 0.888%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, just now.
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 Binance live order book, 3 min ago | 2.18 bp | 17.6 bp −$18 | 54.4 bp −$544 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 2.19 bp | 27.0 bp −$27 | 71.7 bp −$717 | 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 | 0.2159 | −5.721% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0526% | 1h | 0.2289 | −0.026% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2276 | −0.611% | $9K | $45K | 50x | as long as short |
| Variational Omni BERA | −0.0118% | 4h | 0.2284 | −0.257% | $84K | $49K | — | as long as short |
| BloFin BERA-USDT | +0.0089% | 4h | 0.2296 | +0.262% | $292K | $90K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2290 | +0.004% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2290 | −0.002% | $14K | $24K | 5x | as long as short |
| Binance BERAUSDTlong | +0.0100% | 4h | 0.2290 | long leg | $5.6M | $13.4M | 50x | |
| Bybit BERAUSDTshort | +0.0100% | 4h | 0.2286 | −0.175% | $3.1M | $4.1M | 25x | |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2287 | −0.131% | $1.5M | $3.2M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2289 | −0.044% | $340K | $376K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2289 | −0.044% | $1.2M | $447K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2289 | −0.044% | $544K | $227K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2289 | −0.044% | $1.4M | $1.0M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2288 | −0.087% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | 0.000% | $32K | $457K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2289 | −0.044% | $9K | $686 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2290 | 0.000% | $373 | $6K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0187% | 1h | 0.2291 | +0.044% | $4K | $56K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2290 | −0.017% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0208% | 1h | 0.2289 | −0.044% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERA | +0.0242% | 1h | 0.2293 | +0.148% | $2.9M | $902K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0326% | 4h | 0.2297 | +0.305% | $110K | $2.9M | 10x | as long as short |
| Backpack BERA_USDC_PERP | +0.0717% | 1h | 0.2291 | +0.044% | $37K | $149K | 5x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Hyperliquid BERA
GRVT BERA_USDT_Perp
Backpack BERA_USDC_PERP