Funding you earn now, next payment 02:00 UTC−0.0582%/8h= −63.7% APRnext payment −$0.73 per $10,000 · paid last 24h −0.131%
Price spread now: Coinbase International against GMX−0.075%7-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
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Coinbase International is 0.075% cheaper against GMX than usual: you would sell low and buy high (−$7 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 | GMX BERA/USD [ETH-USDC] | 0.2268 | L +0.0206% / S −0.0592% | pay 0.0026% / 1h | 55m 42s | $2K | — | 100x |
| Short | Coinbase International BERA-PERP-INTX | 0.2266 | −0.0376 | pay 0.0047% / 1h | 55m 42s | $15K | $52K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GMX. 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
- −$122.17
- Price spread: −0.075% → 0.000%
- −$7.5
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$151.67
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
GMX and 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 23 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 | 0.2120 | −6.513% | $2K | $5K | 12x | as long as short |
| Coinbase International BERA-PERP-INTXshort | −0.0376% | 1h | 0.2266 | −0.075% | $15K | $52K | 50x | |
| Kraken Futures PF_BERAUSD | −0.0184% | 1h | 0.2262 | −0.246% | $51K | $25K | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2262 | −0.269% | $61K | $88K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2267 | −0.015% | $16K | $26K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2266 | −0.077% | $5.3M | $14.0M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2264 | −0.163% | $3.0M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2261 | −0.295% | $1.4M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2266 | −0.075% | $343K | $387K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2268 | +0.013% | $1.2M | $434K | 20x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2266 | −0.075% | $540K | $231K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2264 | −0.163% | $1.4M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2264 | −0.163% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2266 | −0.069% | $83K | $48K | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | −0.340% | $32K | $457K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2269 | +0.057% | $9K | $883 | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2267 | −0.031% | $370 | $6K | 5x | as long as short |
| GMX BERA/USD [ETH-USDC]long | L +0.0206% / S −0.0592% | 1h | 0.2268 | long leg | $2K | — | 100x | |
| Hyperliquid BERA | +0.0275% | 1h | 0.2267 | −0.035% | $2.9M | $914K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0376% | 1h | 0.2270 | +0.101% | $3K | $3K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0464% | 4h | 0.2262 | −0.251% | $108K | $3.2M | 10x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0632% | 1h | 0.2269 | +0.057% | $4K | $54K | 25x | as long as short |
| Backpack BERA_USDC_PERP | +0.1121% | 1h | 0.2269 | +0.049% | $39K | $167K | 5x | as long as short |
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX
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_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
ApeX Omni BERAUSDT
SoDEX BERA-USD
Hyperliquid BERA
01 Exchange BERAUSD
GRVT BERA_USDT_Perp
Deribit BERA_USDC-PERPETUAL
Backpack BERA_USDC_PERP