Funding you earn now, next payment 01:00 UTC−0.5100%/8h= −558.5% APRnext payment −$6.38 per $10,000 · paid last 24h −1.038%
Price spread now: Injective against SoDEX−5.875%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 −$153 a day on $10k at the current rate, and Injective is 5.875% cheaper against SoDEX than usual: you would sell low and buy high (−$587 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 | SoDEX BERA-USD | 0.2281 | 0.0100 | pay 0.0013% / 1h | 5m 14s | $371 | $6K | 5x |
| Short | Injective BERA/USDC PERP | 0.2147 | −0.5000 | pay 0.0625% / 1h | 5m 14s | $2K | $5K | 12x |
SoDEX BERA-USD
Injective BERA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against SoDEX. 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
- −$1,071
- Price spread: −5.875% → 0.000%
- −$587.46
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,666.48
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Injective: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
SoDEX and Injective: 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 PERPshort | −0.5000% | 1h | 0.2147 | −5.875% | $2K | $5K | 12x | |
| Kraken Futures PF_BERAUSD | −0.0529% | 1h | 0.2277 | −0.167% | $51K | $25K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0328% | 1h | 0.2276 | −0.219% | $9K | $45K | 50x | as long as short |
| Variational Omni BERA | −0.0097% | 4h | 0.2280 | −0.062% | $84K | $49K | — | as long as short |
| BloFin BERA-USDT | +0.0095% | 4h | 0.2280 | −0.044% | $290K | $89K | 75x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2281 | 0.000% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2282 | +0.056% | $13K | $24K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2282 | +0.051% | $5.6M | $13.4M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2279 | −0.088% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2277 | −0.175% | $1.5M | $3.2M | 20x | as long as short |
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Variational Omni BERA
BloFin BERA-USDT
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BERA_USDT | +0.0100% | 4h | 0.2284 | +0.132% | $339K | $376K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2281 | 0.000% | $1.2M | $448K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2282 | +0.044% | $543K | $227K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2281 | 0.000% | $1.4M | $1.0M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2283 | +0.088% | — | $6.6M | — | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2290 | +0.395% | $32K | $457K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2281 | 0.000% | $9K | $686 | 10x | as long as short |
| SoDEX BERA-USDlong | +0.0100% | 1h | 0.2281 | long leg | $371 | $6K | 5x | |
| Deribit BERA_USDC-PERPETUAL | +0.0189% | 1h | 0.2281 | 0.000% | $4K | $56K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2281 | −0.007% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSD | +0.0208% | 1h | 0.2282 | +0.044% | $4K | $2K | 5x | as long as short |
| Hyperliquid BERA | +0.0267% | 1h | 0.2286 | +0.197% | $2.9M | $902K | 5x | as long as short |
| GRVT BERA_USDT_Perp | +0.0326% | 4h | 0.2297 | +0.701% | $110K | $2.9M | 10x | as long as short |
| Backpack BERA_USDC_PERP | +0.0705% | 1h | 0.2283 | +0.075% | $37K | $149K | 5x | as long as short |
Gate BERA_USDT
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
01 Exchange BERAUSD
Hyperliquid BERA
GRVT BERA_USDT_Perp
Backpack BERA_USDC_PERP