Funding you earn now, next payment 22:00 UTC−0.0403%/8h= −44.1% APRpaid last 24h −0.136%
Price spread now: Coinbase International against BloFin−0.441%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Coinbase International is 0.441% cheaper against BloFin than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.258% in total (about -13.5% 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 | BloFin BERA-USDT | 0.2269 | 0.0083 | pay 0.0041% / 4h | 1h 06m | $288K | $88K | 75x |
| Short | Coinbase International BERA-PERP-INTX | 0.2259 | −0.0320 | pay 0.0040% / 1h | 6m 40s | $9K | $45K | 50x |
BloFin BERA-USDT
Coinbase International BERA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$84.61
- Price spread: −0.441% → 0.000%
- −$44.07
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$150.69
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 5 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 BloFin live order book, 5 min ago | 2.21 bp | 16.9 bp −$17 | 36.4 bp −$364 | doesn't fit | 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 | 0.2132 | −6.038% | $2K | $4K | 12x | as long as short |
| Coinbase International BERA-PERP-INTXshort | −0.0320% | 1h | 0.2259 | −0.441% | $9K | $45K | 50x | |
| Kraken Futures PF_BERAUSD | 0.0000% | 1h | 0.2268 | −0.049% | $51K | $24K | 20x | as long as short |
| BloFin BERA-USDTlong | +0.0083% | 4h | 0.2269 | long leg | $288K | $88K | 75x | |
| Lighter BERA | +0.0096% | 1h | 0.2270 | +0.062% | $63K | $89K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2269 | −0.006% | $13K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2271 | +0.068% | $5.5M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2267 | −0.088% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2267 | −0.088% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2266 | −0.132% | $335K | $395K | 50x | 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_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2270 | +0.044% | $1.2M | $434K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2268 | −0.044% | $547K | $222K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2268 | −0.044% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2267 | −0.088% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2261 | −0.344% | $83K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2269 | −0.016% | $105K | $2.7M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | −0.397% | $32K | $458K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2269 | 0.000% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2268 | −0.022% | $372 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0176% | 1h | 0.2269 | 0.000% | $4K | $2K | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0191% | 1h | 0.2270 | +0.044% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2269 | +0.005% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0469% | 1h | 0.2275 | +0.242% | $2.9M | $946K | 5x | as long as short |
| Backpack BERA_USDC_PERP | +0.0780% | 1h | 0.2272 | +0.137% | $37K | $149K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA
Backpack BERA_USDC_PERP