Funding you earn now, next payment 12:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against MEXC−0.266%79s7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$660.658% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.266%, 7d avg +0.022%
=Funding pays, the price is against you. BloFin is 0.288% cheaper against MEXC than usual: you would sell low and buy high (spread −0.266% now, against its 7-day average of +0.022%). If the spread goes back, that is −$29 on $10k: about 24 days of funding at the current rate (+$1 a day). The two prices were read 79 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 | MEXC BERA_USDT | 0.2259 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $1.2M | $292K | 20x |
| Short | BloFin BERA-USDT | 0.2253 | 0.0140 | get 0.0070% / 4h | 1h 48m | $271K | $75K | 75x |
MEXC BERA_USDT
BloFin BERA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $8.37
- Price spread: −0.266% → +0.022%
- −$28.78
- Slippage, 4 orders
- −$45.79
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$86.19
- Costs to cover
- 0.658%
- Break-even
- 79.0 days
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 59 min ago.
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 MEXC live order book, 1 min ago | 2.22 bp | 11.0 bp −$11 | 33.5 bp −$335 | 251.8 bp −$25.2K | doesn't fit |
| Sell BloFin live order book, 59 min ago | 6.57 bp | 24.5 bp −$24 | 44.7 bp −$447 | doesn't fit | doesn't fit |
BERA on 24 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BERAUSD | −0.0820% | 1h | 0.2259 | +0.002% | $50K | $21K | 20x | as long as short |
| 01 Exchange BERAUSD | −0.0544% | 1h | 0.2253 | −0.266% | $3K | $850 | 5x | as long as short |
| Deribit BERA_USDC-PERPETUAL | 0.0000% | 1h | 0.2258 | −0.044% | $1K | $36K | 25x | as long as short |
| Orderly PERP_BERA_USDC | +0.0075% | 4h | 0.2257 | −0.089% | $8K | $587 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2257 | −0.097% | $64K | $78K | 5x | as long as short |
| Hyperliquid BERA | +0.0100% | 1h | 0.2258 | −0.035% | $2.5M | $984K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2259 | −0.002% | $13K | $19K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2259 | −0.002% | $5.2M | $8.4M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2258 | −0.044% | $3.0M | $1.8M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2259 | 0.000% | $1.4M | $1.8M | 20x | as long as short |
Kraken Futures PF_BERAUSD
01 Exchange BERAUSD
Deribit BERA_USDC-PERPETUAL
Orderly PERP_BERA_USDC
Lighter BERA
Hyperliquid BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAPShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2256 | −0.133% | $329K | $250K | 50x | as long as short |
| MEXC BERA_USDTlong | +0.0100% | 4h | 0.2259 | long leg | $1.2M | $292K | 20x | |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2257 | −0.089% | $539K | $127K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2257 | −0.089% | $1.4M | $745K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2257 | −0.089% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2260 | +0.027% | $24K | $213K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2253 | −0.269% | $80K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2259 | −0.003% | $111K | $3.0M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2260 | +0.044% | $40K | $485K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2257 | −0.089% | $350 | $6K | 5x | as long as short |
| BloFin BERA-USDTshort | +0.0140% | 4h | 0.2253 | −0.266% | $271K | $75K | 75x | |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2258 | −0.047% | $2K | — | 100x | as long as short |
| Coinbase International BERA-PERP-INTX | +0.1032% | 1h | 0.2263 | +0.177% | $18K | $45K | 50x | as long as short |
| Injective BERA/USDC PERP | +0.5000% | 1h | 0.2319 | +2.656% | $2K | $4K | 12x | as long as short |
Gate 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
GMX BERA/USD [ETH-USDC]
Coinbase International BERA-PERP-INTX
Injective BERA/USDC PERP