Funding you earn now, next payment 00:00 UTC+0.1010%/8h= +110.6% APRnext payment +$1.26 per $10,000 · paid last 24h +0.084%
Price spread now: Backpack against 01 Exchange−0.009%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$30 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange BERAUSD | 0.2298 | 0.0240 | pay 0.0030% / 1h | 50m 47s | $4K | $2K | 5x |
| Short | Backpack BERA_USDC_PERP | 0.2298 | 0.1250 | get 0.0156% / 1h | 50m 47s | $37K | $149K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against 01 Exchange. 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
- $212.12
- Price spread: −0.009% → 0.000%
- −$0.87
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $194.25
- Costs to cover
- 0.170%
- Break-even
- 0.6 days
Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 27 min ago. 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 27 min ago | 0.22 bp | 9.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
01 Exchange: 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 | 0.2157 | −6.136% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0416% | 1h | 0.2298 | −0.005% | $52K | $24K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0296% | 1h | 0.2259 | −1.697% | $9K | $45K | 50x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2298 | −0.022% | $62K | $90K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2297 | −0.035% | $14K | $27K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2298 | +0.018% | $5.6M | $13.5M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2294 | −0.174% | $3.1M | $4.1M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2294 | −0.174% | $1.5M | $3.2M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2295 | −0.131% | $339K | $388K | 50x | as long as short |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2299 | +0.044% | $1.2M | $425K | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2295 | −0.131% | $554K | $225K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2298 | 0.000% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2297 | −0.044% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2288 | −0.449% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2298 | 0.000% | $115K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2300 | +0.087% | $37K | $462K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2296 | −0.087% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2296 | −0.087% | $374 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0123% | 4h | 0.2300 | +0.087% | $290K | $91K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0186% | 1h | 0.2297 | −0.044% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2296 | −0.083% | $2K | — | 100x | as long as short |
| 01 Exchange BERAUSDlong | +0.0240% | 1h | 0.2298 | long leg | $4K | $2K | 5x | |
| Hyperliquid BERA | +0.0337% | 1h | 0.2300 | +0.087% | $2.9M | $954K | 5x | as long as short |
| Backpack BERA_USDC_PERPshort | +0.1250% | 1h | 0.2298 | −0.009% | $37K | $149K | 5x |
01 Exchange BERAUSD
Backpack BERA_USDC_PERP
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
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]
Hyperliquid BERA