Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against Binance−0.176%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1011.010% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days+0.149%+$15 · spread now −0.176%, 7d avg −0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.125% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BERAUSDT | 0.2278 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $5.5M | $13.6M | 50x |
| Short | Bybit BERAUSDT | 0.2274 | 0.0100 | get 0.0050% / 4h | 2h 24m | $3.1M | $4.2M | 25x |
Binance BERAUSDT
Bybit BERAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: −0.176% → −0.051%
- −$12.45
- Slippage, 4 orders
- −$79.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$113.44
- Costs to cover
- 1.010%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Bybit: live order book, 4 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 Binance live order book, 1 min ago | 2.19 bp | 18.7 bp −$19 | 60.0 bp −$600 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.41 bp | 30.4 bp −$30 | 98.1 bp −$981 | doesn't fit | doesn't fit |
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 | 0.2137 | −6.190% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0563% | 1h | 0.2279 | +0.030% | $51K | $26K | 20x | as long as short |
| Coinbase International BERA-PERP-INTX | −0.0304% | 1h | 0.2259 | −0.834% | $10K | $45K | 50x | as long as short |
| 01 Exchange BERAUSD | +0.0008% | 1h | 0.2279 | +0.044% | $4K | $2K | 5x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2278 | 0.000% | $63K | $93K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2277 | −0.031% | $13K | $28K | 5x | as long as short |
| Binance BERAUSDTlong | +0.0100% | 4h | 0.2278 | long leg | $5.5M | $13.6M | 50x | |
| Bybit BERAUSDTshort | +0.0100% | 4h | 0.2274 | −0.176% | $3.1M | $4.2M | 25x | |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2274 | −0.176% | $1.5M | $3.3M | 20x | as long as short |
| Gate BERA_USDT | +0.0100% | 4h | 0.2276 | −0.088% | $336K | $390K | 50x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Coinbase International BERA-PERP-INTX
01 Exchange BERAUSD
Lighter BERA
Aster BERAUSDT
OKX BERA-USDT-SWAP
Gate BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BERA_USDT | +0.0100% | 4h | 0.2278 | 0.000% | $1.2M | $435K | 20x | as long as short |
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2273 | −0.219% | $551K | $220K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2277 | −0.044% | $1.5M | $1.1M | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2276 | −0.088% | — | $6.6M | — | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2271 | −0.311% | $84K | $49K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2276 | −0.087% | $106K | $2.8M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | −0.351% | $32K | $454K | 50x | as long as short |
| Orderly PERP_BERA_USDC | +0.0100% | 4h | 0.2278 | 0.000% | $9K | $1K | 10x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2278 | −0.022% | $373 | $6K | 5x | as long as short |
| BloFin BERA-USDT | +0.0130% | 4h | 0.2272 | −0.263% | $291K | $88K | 75x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0189% | 1h | 0.2280 | +0.088% | $4K | $62K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2278 | −0.014% | $2K | — | 100x | as long as short |
| Backpack BERA_USDC_PERP | +0.0799% | 1h | 0.2279 | +0.057% | $38K | $150K | 5x | as long as short |
| Hyperliquid BERA | +0.0866% | 1h | 0.2283 | +0.202% | $2.9M | $954K | 5x | as long as short |
MEXC BERA_USDT
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
Orderly PERP_BERA_USDC
SoDEX BERA-USD
BloFin BERA-USDT
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Backpack BERA_USDC_PERP
Hyperliquid BERA