Funding you earn now, next payment 07:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h −0.029%
Price spread now: 01 Exchange against Deribit−0.087%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and 01 Exchange is 0.087% cheaper against Deribit than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BERA_USDC-PERPETUAL | 0.2305 | 0.0184 | pay 0.0023% / 1h | 2m 00s | $9K | $45K | 25x |
| Short | 01 Exchange BERAUSD | 0.2303 | 0.0128 | get 0.0016% / 1h | 2m 00s | $3K | $864 | 5x |
Deribit BERA_USDC-PERPETUAL
01 Exchange BERAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Deribit. 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
- −$11.77
- Price spread: −0.087% → 0.000%
- −$8.68
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$34.44
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; 01 Exchange: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
Deribit and 01 Exchange: 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 | 0.2171 | −5.813% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.1549% | 1h | 0.2305 | −0.020% | $52K | $21K | 20x | as long as short |
| BloFin BERA-USDT | +0.0054% | 4h | 0.2310 | +0.217% | $281K | $76K | 75x | as long as short |
| Orderly PERP_BERA_USDC | +0.0090% | 4h | 0.2304 | −0.043% | $9K | $787 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2304 | −0.043% | $65K | $73K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2308 | +0.113% | $2.9M | $591K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2305 | +0.007% | $13K | $23K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2305 | −0.007% | $5.5M | $9.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2302 | −0.130% | $3.1M | $2.2M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2303 | −0.087% | $1.4M | $2.0M | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
BloFin BERA-USDT
Orderly PERP_BERA_USDC
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit 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 | 0.2302 | −0.130% | $348K | $272K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2305 | 0.000% | $1.3M | $333K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2303 | −0.087% | $554K | $133K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2306 | +0.043% | $1.5M | $790K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2302 | −0.130% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2305 | −0.013% | $24K | $204K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2310 | +0.221% | $85K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2314 | +0.407% | $116K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2310 | +0.217% | $51K | $471K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2304 | −0.056% | $371 | $6K | 5x | as long as short |
| 01 Exchange BERAUSDshort | +0.0128% | 1h | 0.2303 | −0.087% | $3K | $864 | 5x | |
| Deribit BERA_USDC-PERPETUALlong | +0.0184% | 1h | 0.2305 | long leg | $9K | $45K | 25x | |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2304 | −0.051% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0600% | 1h | 0.2322 | +0.738% | $19K | $53K | 50x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX