Funding you earn now, next payment 22:00 UTC−0.0420%/8h= −46.0% APRpaid last 24h −0.102%
Price spread now: Coinbase International against BingX+0.044%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.217%−$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Coinbase International is 0.044% dearer against BingX than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.217% in total) that is about 34 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.217% in total (about -11.3% a year). A funding rate is set anew for every payment. 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 | BingX BERA-USDT | 0.2257 | 0.0100 | pay 0.0050% / 4h | 1h 25m | — | $6.6M | — |
| Short | Coinbase International BERA-PERP-INTX | 0.2258 | −0.0320 | pay 0.0040% / 1h | 25m 55s | $9K | $45K | 50x |
BingX BERA-USDT
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. 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
- −$88.2
- Price spread: +0.044% → 0.000%
- $4.43
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$103.77
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 11 min ago; Coinbase International: 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 BingX live order book, 11 min ago | 4.40 bp | 16.5 bp −$17 | 41.4 bp −$414 | 561.1 bp −$56.1K | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Coinbase International: 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 | 0.2131 | −5.583% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTXshort | −0.0320% | 1h | 0.2258 | +0.044% | $9K | $45K | 50x | |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2260 | +0.118% | $51K | $25K | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2262 | +0.217% | $62K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2260 | +0.113% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2260 | +0.113% | $5.4M | $13.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2256 | −0.044% | $3.0M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2257 | 0.000% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2257 | 0.000% | $333K | $392K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2258 | +0.044% | $1.2M | $433K | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDT
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 | 0.2259 | +0.089% | $545K | $221K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2258 | +0.044% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDTlong | +0.0100% | 4h | 0.2257 | long leg | — | $6.6M | — | |
| Variational Omni BERA | +0.0100% | 4h | 0.2259 | +0.076% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2266 | +0.378% | $105K | $2.7M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | +0.576% | $32K | $455K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2263 | +0.266% | $8K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2263 | +0.244% | $371 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0133% | 4h | 0.2264 | +0.310% | $289K | $87K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0184% | 1h | 0.2262 | +0.222% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0192% | 1h | 0.2263 | +0.266% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0205% / S −0.0592% | 1h | 0.2263 | +0.263% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0523% | 1h | 0.2263 | +0.270% | $2.9M | $962K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0788% | 1h | 0.2260 | +0.137% | $36K | $149K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP