Funding you earn now, next payment 06:00 UTC−0.0103%/8h= −11.3% APRpaid last 24h −0.025%
Price spread now: Gate against GMX−0.198%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 −$3 a day on $10k at the current rate, and Gate is 0.198% cheaper against GMX than usual: you would sell low and buy high (−$20 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] | 0.2289 | L +0.0203% / S −0.0583% | pay 0.0025% / 1h | 34m 39s | $2K | — | 100x |
| Short | Gate BERA_USDT | 0.2284 | 0.0100 | get 0.0050% / 4h | 2h 34m | $356K | $260K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$21.69
- Price spread: −0.198% → 0.000%
- −$19.79
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$68.49
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Gate: live order book, 11 min ago. 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 Gate live order book, 11 min ago | 4.38 bp | 38.4 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
GMX: 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 | 0.2147 | −6.184% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0763% | 1h | 0.2287 | −0.086% | $51K | $25K | 20x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2278 | −0.438% | $65K | $73K | 5x | as long as short |
| Orderly PERP_BERA_USDC | +0.0098% | 4h | 0.2287 | −0.067% | $9K | $787 | 10x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2283 | −0.251% | $15K | $22K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2279 | −0.430% | $5.4M | $9.8M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2279 | −0.416% | $3.0M | $2.3M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2275 | −0.591% | $1.4M | $2.0M | 20x | as long as short |
| Gate BERA_USDTshort | +0.0100% | 4h | 0.2284 | −0.198% | $356K | $260K | 50x | |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2278 | −0.460% | $1.2M | $345K | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2281 | −0.329% | $552K | $130K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2281 | −0.329% | $1.5M | $772K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2281 | −0.329% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2287 | −0.067% | $27K | $151K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2276 | −0.541% | $84K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2276 | −0.561% | $105K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2280 | −0.373% | $39K | $453K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2288 | −0.045% | $370 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0141% | 4h | 0.2275 | −0.591% | $282K | $70K | 75x | as long as short |
| 01 Exchange BERAUSD | +0.0144% | 1h | 0.2286 | −0.111% | $3K | $864 | 5x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0160% | 1h | 0.2302 | +0.589% | $20K | $61K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0187% | 1h | 0.2289 | +0.021% | $9K | $51K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC]long | L +0.0203% / S −0.0583% | 1h | 0.2289 | long leg | $2K | — | 100x | |
| Hyperliquid BERA | +0.0364% | 1h | 0.2282 | −0.277% | $2.9M | $596K | 5x | as long as short |
GMX BERA/USD [ETH-USDC]
Gate BERA_USDT
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
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
BloFin BERA-USDT
01 Exchange BERAUSD
Coinbase International BERA-PERP-INTX
Deribit BERA_USDC-PERPETUAL
Hyperliquid BERA