Funding you earn now, next payment 10:00 UTC+0.5075%/8h= +555.7% APRpaid last 24h +1.436%
Price spread now: Orderly against Injective+6.685%58s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$152 a day on $10k at the current rate, and Orderly is 6.685% dearer against Injective than usual: you sell high and buy low: +$669 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BERA/USDC PERP | 0.2154 | −0.5000 | get 0.0625% / 1h | 55m 59s | $2K | $4K | 12x |
| Short | Orderly PERP_BERA_USDC | 0.2298 | 0.0075 | get 0.0038% / 4h | 2h 55m | $9K | $815 | 10x |
Injective BERA/USDC PERP
Orderly PERP_BERA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Injective. 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
- $1,065.75
- Price spread: +6.685% → 0.000%
- $668.52
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $1,728.26
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Orderly: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Injective and Orderly: 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 PERPlong | −0.5000% | 1h | 0.2154 | long leg | $2K | $4K | 12x | |
| Kraken Futures PF_BERAUSD | −0.1886% | 1h | 0.2294 | +6.514% | $51K | $21K | 20x | as long as short |
| 01 Exchange BERAUSD | −0.0248% | 1h | 0.2300 | +6.778% | $3K | $850 | 5x | as long as short |
| Backpack BERA_USDC_PERP | −0.0103% | 1h | 0.2298 | +6.695% | $24K | $208K | 5x | as long as short |
| Orderly PERP_BERA_USDCshort | +0.0075% | 4h | 0.2298 | +6.685% | $9K | $815 | 10x | |
| Lighter BERA | +0.0096% | 1h | 0.2299 | +6.732% | $65K | $72K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2302 | +6.890% | $2.9M | $576K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2298 | +6.687% | $13K | $21K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2296 | +6.592% | $5.5M | $8.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2295 | +6.546% | $3.1M | $1.9M | 25x | as long as short |
Kraken Futures PF_BERAUSD
01 Exchange BERAUSD
Backpack BERA_USDC_PERP
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2293 | +6.453% | $1.4M | $1.9M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2303 | +6.917% | $340K | $246K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2300 | +6.778% | $1.2M | $302K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2303 | +6.917% | $561K | $132K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2303 | +6.917% | $1.5M | $758K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2300 | +6.778% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2305 | +6.990% | $82K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2312 | +7.318% | $120K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2310 | +7.242% | $53K | $493K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2299 | +6.727% | $368 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0140% | 4h | 0.2302 | +6.871% | $279K | $72K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0185% | 1h | 0.2299 | +6.732% | $9K | $39K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2299 | +6.738% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.0984% | 1h | 0.2320 | +7.707% | $18K | $49K | 50x | as long as short |
OKX BERA-USDT-SWAP
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
BloFin BERA-USDT
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX