BERA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0738%/8h= −80.8% APRnext payment −$0.92 per $10,000 · paid last 24h +9.016%

Price spread now: Kraken Futures against GMX−0.113%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Kraken Futures

What this pair did over the last

the charts below follow

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 −$22 a day on $10k at the current rate, and Kraken Futures is 0.113% cheaper against GMX than usual: you would sell low and buy high (−$11 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]	0.2265	L +0.0206% / S −0.0592%	pay 0.0026% / 1h	1m 36s	$2K	—	100x
Short	Kraken Futures PF_BERAUSD	0.2263	−0.0532	pay 0.0067% / 1h	1m 36s	$51K	$25K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against GMX. 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 GMXbpFee Kraken FuturesbpOrdersPrice spread, now −0.113%Rate

Funding earned: −$154.94
Price spread: −0.113% → 0.000%: −$11.25
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$188.19
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Kraken Futures: 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 Kraken Futures no order-book sample	—	—	—	—	—

GMX and Kraken Futures: 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	0.2145	−5.317%	$2K	$5K	12x	as long as short
Kraken Futures PF_BERAUSDshort	−0.0532%	1h	0.2263	−0.113%	$51K	$25K	20x
Coinbase International BERA-PERP-INTX	−0.0328%	1h	0.2270	+0.201%	$9K	$44K	50x	as long as short
Variational Omni BERA	−0.0097%	4h	0.2280	+0.624%	$84K	$49K	—	as long as short
Deribit BERA_USDC-PERPETUAL	0.0000%	1h	0.2266	+0.024%	$4K	$56K	25x	as long as short
BloFin BERA-USDT	+0.0060%	4h	0.2280	+0.642%	$290K	$89K	75x	as long as short
Lighter BERA	+0.0096%	1h	0.2268	+0.113%	$61K	$90K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2265	−0.026%	$13K	$24K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2265	−0.002%	$5.5M	$13.5M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2263	−0.108%	$3.1M	$4.1M	25x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2263	−0.108%	$1.5M	$3.1M	20x	as long as short
Gate BERA_USDT	+0.0100%	4h	0.2267	+0.068%	$336K	$377K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2267	+0.068%	$1.2M	$448K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2264	−0.064%	$538K	$227K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2265	−0.020%	$1.4M	$1.0M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2265	−0.020%	—	$6.6M	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2280	+0.642%	$32K	$456K	50x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2266	+0.024%	$9K	$686	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2264	−0.064%	$369	$6K	5x	as long as short
GMX BERA/USD [ETH-USDC]long	L +0.0206% / S −0.0592%	1h	0.2265	long leg	$2K	—	100x
01 Exchange BERAUSD	+0.0216%	1h	0.2265	−0.020%	$4K	$2K	5x	as long as short
GRVT BERA_USDT_Perp	+0.0258%	4h	0.2285	+0.861%	$116K	$3.0M	10x	as long as short
Hyperliquid BERA	+0.0298%	1h	0.2271	+0.245%	$2.9M	$904K	5x	as long as short
Backpack BERA_USDC_PERP	+0.0695%	1h	0.2268	+0.095%	$37K	$150K	5x	as long as short