BERA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0121%/8h= +13.3% APRnext payment +$0.61 per $10,000 · paid last 24h +0.040%

Price spread now: BloFin against Bybit+0.044%7-day average +0.130% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$770.770% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 3 days (all we have)+0.088%+$9 · spread now +0.044%, 7d avg +0.130%

Together, before fees+0.187%+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.086% cheaper against Bybit than usual: you would sell low and buy high (spread +0.044% now, against its 7-day average of +0.130%). If the spread goes back, that is −$9 on $10k: about 2.4 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.099% in total) that is about 6.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BERAUSDT	0.2278	−0.0037	get 0.0018% / 4h	3h 28m	$3.1M	$4.1M	25x
Short	BloFin BERA-USDT	0.2279	0.0085	get 0.0042% / 4h	3h 28m	$290K	$90K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now +0.044%Rate

Funding earned: $25.5
Price spread: +0.044% → +0.130%: −$8.58
Slippage, 4 orders: −$53.97
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$60.06
Costs to cover: 0.770%
Break-even: 23.5 days

Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 38 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 Bybit live order book, 4 min ago	4.40 bp	22.3 bp −$22	75.9 bp −$759	doesn't fit	doesn't fit
Sell BloFin live order book, 38 min ago	2.19 bp	8.9 bp −$9	29.9 bp −$299	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	0.2144	−5.882%	$2K	$5K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.0529%	1h	0.2278	−0.015%	$51K	$25K	20x	as long as short
Coinbase International BERA-PERP-INTX	−0.0328%	1h	0.2265	−0.571%	$9K	$44K	50x	as long as short
Variational Omni BERA	−0.0191%	4h	0.2273	−0.213%	$84K	$49K	—	as long as short
Bybit BERAUSDTlong	−0.0037%	4h	0.2278	long leg	$3.1M	$4.1M	25x
Deribit BERA_USDC-PERPETUAL	0.0000%	1h	0.2277	−0.044%	$4K	$58K	25x	as long as short
BloFin BERA-USDTshort	+0.0085%	4h	0.2279	+0.044%	$290K	$90K	75x
Lighter BERA	+0.0096%	1h	0.2281	+0.127%	$62K	$90K	5x	as long as short
Hyperliquid BERA	+0.0100%	1h	0.2285	+0.312%	$2.9M	$924K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2277	−0.051%	$13K	$24K	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BERAUSDT	+0.0100%	4h	0.2281	+0.126%	$5.6M	$13.5M	50x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2278	0.000%	$1.5M	$3.2M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	0.2277	−0.044%	$338K	$375K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2278	0.000%	$1.3M	$437K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2275	−0.132%	$541K	$229K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2280	+0.088%	$1.4M	$1.1M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2278	0.000%	—	$6.6M	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2280	+0.088%	$32K	$457K	50x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2277	−0.044%	$9K	$1K	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2277	−0.044%	$369	$6K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0116%	4h	0.2280	+0.085%	$105K	$2.9M	10x	as long as short
01 Exchange BERAUSD	+0.0160%	1h	0.2282	+0.176%	$4K	$2K	5x	as long as short
GMX BERA/USD [ETH-USDC]	L +0.0206% / S −0.0592%	1h	0.2279	+0.040%	$2K	—	100x	as long as short
Backpack BERA_USDC_PERP	+0.0516%	1h	0.2279	+0.053%	$37K	$149K	5x	as long as short