Funding you earn now, next payment 02:00 UTC+0.0492%/8h= +53.9% APRpaid last 24h +0.115%
Price spread now: GMX against Binance−0.204%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding pays, the price is against you. GMX is 0.204% cheaper against Binance than usual: you would sell low and buy high (spread −0.204% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 33 hours of funding at the current rate (+$15 a day). The two prices were read 50 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 | Binance BERAUSDT | 0.2254 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $5.4M | $13.8M | 50x |
| Short | GMX BERA/USD [ETH-USDC] | 0.2250 | L +0.0206% / S −0.0592% | get 0.0074% / 1h | 44m 27s | $2K | — | 100x |
Binance BERAUSDT
GMX BERA/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $103.42
- Price spread: −0.204% → 0.000%
- −$20.44
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $60.98
- Costs to cover
- 0.220%
- Break-even
- 2.9 days
Slippage unknown: Binance: live order book, 11 min ago; GMX: no order-book sample. 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 Binance live order book, 11 min ago | 2.23 bp | 17.7 bp −$18 | 52.0 bp −$520 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | 0.2119 | −6.009% | $2K | $5K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1067% | 1h | 0.2248 | −0.302% | $50K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0280% | 1h | 0.2241 | −0.598% | $15K | $51K | 50x | as long as short |
| Variational Omni BERA | −0.0100% | 4h | 0.2248 | −0.303% | $83K | $49K | — | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2252 | −0.119% | $61K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2252 | −0.120% | $14K | $25K | 5x | as long as short |
| Binance BERAUSDTlong | +0.0100% | 4h | 0.2254 | long leg | $5.4M | $13.8M | 50x | |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2251 | −0.154% | $3.0M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2254 | −0.021% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2252 | −0.110% | $332K | $374K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
Lighter BERA
Aster 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 | 0.2253 | −0.066% | $1.2M | $441K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2252 | −0.110% | $538K | $230K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2252 | −0.110% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2253 | −0.066% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2250 | −0.199% | $32K | $464K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2250 | −0.199% | $8K | $686 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2250 | −0.199% | $368 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0124% | 4h | 0.2263 | +0.378% | $289K | $88K | 75x | as long as short |
| GRVT BERA_USDT_Perp | +0.0196% | 4h | 0.2262 | +0.333% | $106K | $3.0M | 10x | as long as short |
| GMX BERA/USD [ETH-USDC]short | L +0.0206% / S −0.0592% | 1h | 0.2250 | −0.204% | $2K | — | 100x | |
| 01 Exchange BERAUSD | +0.0352% | 1h | 0.2257 | +0.112% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERA | +0.0417% | 1h | 0.2256 | +0.067% | $2.9M | $915K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0639% | 1h | 0.2252 | −0.110% | $4K | $56K | 25x | as long as short |
| Backpack BERA_USDC_PERP | +0.0886% | 1h | 0.2254 | −0.039% | $38K | $159K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
GRVT BERA_USDT_Perp
01 Exchange BERAUSD
Hyperliquid BERA
Deribit BERA_USDC-PERPETUAL
Backpack BERA_USDC_PERP