BERA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0361%/8h= +39.5% APRnext payment +$0.45 per $10,000 · paid last 24h +0.078%

Price spread now: GMX against Hyperliquid−0.210%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on GMX

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.210% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.210% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 47 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid BERA	0.2299	0.0232	pay 0.0029% / 1h	9m 16s	$2.9M	$902K	5x
Short	GMX BERA/USD [ETH-USDC]	0.2294	L +0.0206% / S −0.0592%	get 0.0074% / 1h	9m 16s	$2K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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 HyperliquidbpFee GMXbpOrdersPrice spread, now −0.210%Rate

Funding earned: $75.72
Price spread: −0.210% → 0.000%: −$21.01
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $33.71
Costs to cover: 0.210%
Break-even: 3.9 days

Slippage unknown: Hyperliquid: live order book, 2 min ago; GMX: 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 Hyperliquid live order book, 2 min ago	1.09 bp	15.7 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	0.2159	−6.098%	$2K	$5K	12x	as long as short
Kraken Futures PF_BERAUSD	−0.0525%	1h	0.2295	−0.196%	$52K	$25K	20x	as long as short
Coinbase International BERA-PERP-INTX	−0.0328%	1h	0.2276	−1.009%	$9K	$45K	50x	as long as short
Variational Omni BERA	−0.0118%	4h	0.2284	−0.656%	$84K	$49K	—	as long as short
BloFin BERA-USDT	+0.0089%	4h	0.2296	−0.139%	$292K	$90K	75x	as long as short
Lighter BERA	+0.0096%	1h	0.2294	−0.209%	$62K	$90K	5x	as long as short
Aster BERAUSDT	+0.0100%	4h	0.2295	−0.165%	$14K	$24K	5x	as long as short
Binance BERAUSDT	+0.0100%	4h	0.2293	−0.259%	$5.6M	$13.4M	50x	as long as short
Bybit BERAUSDT	+0.0100%	4h	0.2291	−0.357%	$3.1M	$4.1M	25x	as long as short
OKX BERA-USDT-SWAP	+0.0100%	4h	0.2290	−0.400%	$1.5M	$3.2M	20x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BERA_USDT	+0.0100%	4h	0.2294	−0.226%	$340K	$376K	50x	as long as short
MEXC BERA_USDT	+0.0100%	4h	0.2296	−0.139%	$1.3M	$447K	20x	as long as short
KuCoin BERAUSDTM	+0.0100%	4h	0.2295	−0.183%	$546K	$227K	50x	as long as short
Bitget BERAUSDT	+0.0100%	4h	0.2295	−0.183%	$1.4M	$1.0M	50x	as long as short
BingX BERA-USDT	+0.0100%	4h	0.2295	−0.183%	—	$6.6M	—	as long as short
ApeX Omni BERAUSDT	+0.0100%	1h	0.2290	−0.400%	$32K	$457K	50x	as long as short
Orderly PERP_BERA_USDC	+0.0100%	4h	0.2296	−0.139%	$9K	$686	10x	as long as short
SoDEX BERA-USD	+0.0100%	1h	0.2294	−0.204%	$374	$6K	5x	as long as short
Deribit BERA_USDC-PERPETUAL	+0.0186%	1h	0.2295	−0.183%	$4K	$56K	25x	as long as short
01 Exchange BERAUSD	+0.0200%	1h	0.2296	−0.139%	$4K	$2K	5x	as long as short
GMX BERA/USD [ETH-USDC]short	L +0.0206% / S −0.0592%	1h	0.2294	−0.210%	$2K	—	100x
Hyperliquid BERAlong	+0.0232%	1h	0.2299	long leg	$2.9M	$902K	5x
GRVT BERA_USDT_Perp	+0.0254%	4h	0.2292	−0.314%	$115K	$2.9M	10x	as long as short
Backpack BERA_USDC_PERP	+0.0697%	1h	0.2298	−0.048%	$37K	$150K	5x	as long as short